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The Latest Breaking News from British Petroleum

Dear Amazon Stock Fans, Mark Your Calendars for July 2

Amazon is rolling out a July 2 Prime fuel and grocery deal. Here is why AMZN stock investors should treat it as more than a holiday promo.

Barchart

Drivers Sue BP, Walmart and 7-Eleven Alleging Ai-Powered Fuel Pricing Secretly Inflated Petrol Prices Across the US

California drivers have sued fuel retailers, alleging AI-powered fuel pricing kept petrol prices artificially high in a proposed antitrust class action.

International Business Times UK

How oil execs shaped a landmark climate

BP sponsored an elite Princeton research center to address the climate problem without getting off fossil fuels

Salon

From analysis to the latest developments in health,
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ONGC, bp sign technical services contract to boost production from Western Offshore Basin

ONGC and bp have inked a deal to boost oil and gas output from the Western Offshore Basin. This partnership leverages bp's global expertise to enhance production from India's most prolific hydrocarbon region. The agreement aims to curb production decline, improve recovery rates, and strengthen the nation's energy security, building…

The Economic Times

Segro bid boosts FTSE 100 as gold and oil sink

UK warehouse landlord Segro rejected a £12.6 billion takeover proposal from US logistics property giant Prologis.

The Independent UK

Burnham’s pick for chief of staff led firm that advised BP, Apple and Amazon

Appointment of James Purnell, former chief executive of Flint Global, described by one Labour MP as ‘very bad sign’

The Guardian - UK

FTSE 100 dips as bonds struggle after Burnham win

The FTSE 100 closed down 36.43 points, 0.4%, at 10,363.27.

Evening Standard

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Unusual Put Options Activity in Lam Research Stock Highlights Its Value

Today, there is a high volume of out-of-the-money (OTM) put options activity in Lam Research stock for a longer-dated expiry period. That highlights the underlying value of LRCX stock, which with 27% upside.

Barchart

FTSE 100 struggles despite US-Iran deal progress

The index closed down 41.10 points at 10,430.62.

Evening Standard

FTSE soars on peace hope as SpaceX IPO blasts off

The FTSE 100 closed up 167.84 points, or 1.6%, at 10,471.72.

Evening Standard

The rightwing campaign to control how US judges view the climate crisis

US energy secretary Chris Wright featured in seminars to judges when he was a fracking executive

The Guardian - US

BP's new CEO Meg O'Neill rips up the energy giant's playbook—and the 'green' era with it

O’Neill, who took over on April 1, is the only woman to serve as CEO of a traditional Big Oil supermajor in Europe or the U.S.

Fortune

FTSE 100 down as Asia-focused financials struggle

Oil prices also fell after US President Donald Trump said negotiations over a peace deal to end the Middle East war were in their final stages.

Evening Standard

New BP boss overhauls structure to simplify operations

BP said it will be reorganised into two business divisions – upstream and downstream – from the start of July.

Evening Standard

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Fortune

The women running Europe in 2026

Twenty of the leaders celebrated in Fortune’s Most Powerful Women list are from Europe. Their roles reveal where power is concentrated across the continent and what it takes to reach the top of European business.

Evening Standard

BP says it paid £1.2bn in UK taxes last year amid Government plans to raise more

The energy firm said the total amount of taxes paid in 2025 include £422 million raised from the energy profits levy.

Euronews

Energy transport corridors to Europe boosted by AI and new digital systems

AI and new digital technologies are key to the urgently needed alternative energy trade routes through the Southern Gas Corridor and the Middle Corridor systems connecting the Caspian and Europe.

The Guardian - UK

The BP drama will fade: boards are allowed to ditch the chair

Rather than a continuation of the company’s recent issues, isn’t this an example of the board doing what it is supposed to do?

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The Guardian - UK

BP backs Amanda Blanc to lead search for new chair despite investor concerns

Senior independent director to handle process again after Albert Manifold’s shock departure last week

The Independent UK

Ousted BP chair refutes bullying claims in extraordinary statement

IN FULL

The Economic Times

Former BP chair Albert Manifold denies wrongdoing after ouster

Albert Manifold, the former BP Chair, has denied misconduct following his dismissal. He acknowledged pushing for changes in costs and efficiency. Manifold stated that he does not accept lies being told about him. He also described the current BP leadership as having integrity. Manifold has reportedly hired a law firm…

The Independent UK

Ousted BP chair says he refused chauffeur-driven limo and made his own coffee as he hits back at ‘lies’

BP heading for legal fight with Albert Manifold who has issued an extraordinary statement insisting he is not a bully

France 24

Macron announces big investments at France's 'electrification team' meeting

French President Emmanuel Macron gave the country's plans to move away from fossil fuels another boost on Tuesday, announcing big private investments, including a €1 billion EV project from Stellantis. Some 200 companies signed onto a national pact to join the government's efforts to double the share of electricity in…

The Guardian - UK

BP boardroom turmoil deepens as ousted chair hits back at ‘lies’ over conduct

Albert Manifold disputes reports about his behaviour and says he always tried to set example

Evening Standard

Ousted BP chairman says he called out ‘excessive’ spending like limousine travel

Albert Manifold issued a statement in response to reports about his conduct after BP’s board removed him with immediate effect on Tuesday.

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