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The Latest Breaking News from British Petroleum

BP appoints former CRH boss Albert Manifold as new chairman

Mr Manifold will join the oil giant as chairman-elect on September 1 before taking over from Helge Lund as chairman on October 1.

Evening Standard

FTSE 100 Live 21 July: Ryanair profits surge, BP appoints new chair

Mining stocks surged by as much as 4% today as the FTSE 100 index held its 9000 position at the start of a busy week for corporate earnings.

Evening Standard

The Big Question: Do companies need to re-evaluate how they set climate goals?

“If a product or an action damages the environment, it's not high quality,” Chris Hocknell told The Big Question.

Euronews

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BP sells American wind business to LS Power as it continues its renewable retreat

BP's latest U.S. wind sale is part of its plan to sell much of its solar and offshore wind businesses too as it scales back on green energy.

Fortune

BP agrees to sell US onshore wind business as it shifts back to oil

Company to sell business for undisclosed sum to LS Power as part of plan to offload $20bn in assets

The Guardian - UK

BP Sells US Wind Portfolio In $20 Billion Divestment Push

BP plc (NYSE:BP) announced Friday that it will sell its entire U.S. onshore wind energy portfolio to LS Power, a New York-based energy infrastructure firm. This move is part of a broader strategy to streamline operations and prioritize targeted low-carbon investments.

Benzinga

BP sells onshore wind farm business in US

BP said green energy still has a ‘role to play’ in the slimmed-down group as it continues to offload parts of the business.

Evening Standard

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California Professor Arrested For Allegedly Throwing Gas Canister At Law Enforcement During ICE Raid

A California professor was arrested for allegedly throwing a gas canister at ICE officials during a raid on a marijuana farm last week

Latin Times

Former Champ Aaron Judge Offers Jazz Chisholm Jr. Sage Advice Before Home Run Derby

Judge, who won the Derby in 2017, offered a tip to Chisholm before the event on Monday.

Sports Illustrated

Meet the 42 Deals Chic It-Girls Will Be Shopping at Nordstrom’s Anniversary Sale

From must-have basics and denim to cozy loungewear and trendy shoes.

Marie Claire

Take Jodie Foster's Gucci sunglasses as your sign to invest in some flattering cat-eye frames

She was pictured watching the action from the Royal Box at Wimbledon, and her sunglasses serve as a reminder that this shape suits everyone

Woman & Home

FTSE 100 closes winning week on the back foot

Figures showed the UK economy shrank again in May, confounding expectations for a modest rise.

The Independent UK

If You Had Invested in Oil Stocks During the Gulf War in the 1990s, Here’s How Much You’d Have Today

Oil prices initially spiked when the Gulf War began on August 2, 1990, as investors feared a global supply shutdown. However, as those fears subsided throughout the conflict, oil prices began steadily...

GOBankingRates

BP Braces For Profit Hit As Oil Prices Decline

BP p.l.c. (NYSE:BP) On Friday offered a preliminary snapshot of its second-quarter performance ahead of its full earnings release scheduled for August 5, 2025. The company anticipates varied results across its businesses, shaped by declining oil prices, robust refining margins, and seasonal demand shifts.

Benzinga

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Evening Standard

BP says oil and gas production to rise after renewing focus on fossil fuels

The energy giant told investors that upstream production is now expected to be higher between April and June.

Evening Standard

Stocks mixed as Trump tariff tensions continue

Earlier in the week, US President Donald Trump announced a new August 1 deadline for negotiations on tariffs.

Fortune

It's like collaborating with an alien. Why better than the average human may be the wrong metric for AI performance

Average performance figures can mask critical difference between how AI systems work and how people think.

Evening Standard

Shell trims gas outlook in volatile market

The oil giant recently denied speculation it was considering making a bid for rival BP.

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The Guardian - US

‘This bill protects our precious waters’: how a Florida environmental group scored a win against big oil

Following the destruction from 2010’s Deepwater Horizon oil spill, an anti-drilling coalition took action with HB 1143 – and got it signed by DeSantis

The Independent UK

Voices: Earth doesn’t recognise national boundaries – we must collaborate for Net Zero

COMMENT: The world has changed, writes BP’s former chief executive, Lord Browne. The government must emphasise the importance of clean energy, and private and public sectors must collaborate internationally to ensure the security of our country, and our planet

Barchart

British American Tobacco’s Unusual Options Activity Sets Up Nicely for This Multi-Leg Strategy

British American Tobacco’s options volume on Thursday was nearly 10 times its 30-day average. As a result, the tobacco stock had 19 unusually active options. One of them points to a potentially profitable multi-leg strategy.

The Independent UK

Would Shell and BP creating a £200bn oil behemoth be a good idea for anyone at all?

BUSINESS COMMENT: Analysis: FTSE 100 pair have negated talk of a takeover and that looks the right call, writes Karl Matchett - at least for now

The Guardian - UK

The arithmetic is tricky for a Shell bid for BP today. Next year may be different

Shell says it has ‘no intention’ of making an offer for BP. But if its share price rises, the numbers could work

Fortune

Shell doubles down on BP denial with no other clear suitors in sight

A theoretical Shell-BP combination would carry debt and antitrust issues while requiring greater layoffs and divestments.

The Independent UK

FTSE up as pound hits near four-year high

The FTSE 100 index rose 16.8 points, 0.2%, at 8,735.60.

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