The Latest Breaking News from British Petroleum

Saudi oil giant Aramco reports 82% rise in quarterly profits

Investors to get $4bn in bonus shares after record earnings of $39.5bn on higher demand and crude prices

The Guardian - UK · May 15, 2022

The Observer view on the urgent need for a windfall tax on the energy giants

Even bosses of Britain’s oil and gas companies admit they hardly know what to do with record-breaking profits

The Guardian - UK · May 15, 2022

Text and History for Thee but Not for Me?

The Court makes other people follow the text and history, but at least when it comes to certiorari, the justices lose their religion.

Reason · May 13, 2022

Boris Johnson hints at windfall tax on oil and gas giants - 'we'll have to look at it'

Brits are being clobbered by rising energy bills while firms rake in huge earnings - with senior Tory MP Robert Halfon describing oil bosses as the 'new oligarchs'

Daily Mirror · May 12, 2022

Windfall tax for gas and oil giants ‘back on the table’ to help ease cost of living crisis

Chancellor said to be considering plans for windfall tax on gas and oil giants

The Independent UK · May 11, 2022

North Sea oil and gas bosses get combined £25m pay rise

Pay package included a £4.6m ‘golden hello’ for CEO of the sector’s largest operator, Harbour Energy’s Linda Cook

The Guardian - UK · May 11, 2022

Revealed: the ‘carbon bombs’ set to trigger catastrophic climate breakdown

Exclusive: Oil and gas majors are planning scores of vast projects that threaten to shatter the 1.5C climate goal. If governments do not act, these firms will continue to cash in as the world burns

The Guardian - UK · May 11, 2022

A North Sea oil windfall tax won’t raise much but every little bit helps

Tesco’s boss says oil producers are unfazed by a one-off levy to help households pay energy bills

The Guardian - UK · May 10, 2022

Oil firms collect £22bn in profits as fuel and energy bills soar

BP, Shell and Exxon among firms reporting big rises in revenues, while Britsh Gas and SSE have boosted their earnings expectations

The Independent UK · May 10, 2022

No help, no care, no support – and now no bank

Letters: The prime minister should reflect on the definition of ‘quality of life’ and give some help to pensioners, writes Jenny Lumley. Plus letters from Dr Nick Pratt, Gordon Glassford and Carolyn Sutton

The Guardian - UK · May 10, 2022