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The Latest Breaking News from British Petroleum

Big five oil companies to reward shareholders with record payouts

BP, Shell, Chevron, ExxonMobil and TotalEnergies to distribute more than $100bn despite public outrage

The Guardian - UK

The biggest corporate gaffes of 2023

It's that time of the year again. Here are 15 of the City desk's best corporate gaffes of 2023

Evening Standard

UK dealmaking shrinks in 2023, but economy predicted to ‘turn corner’ in 2024 – as it happened

PwC predicts inflation will fall near ‘normal levels’ in 2024, but corporate insolvencies are forecast to jump

The Guardian - UK

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UK students launch Barclays ‘career boycott’ over bank’s climate policies

Campaign at leading universities such as Oxbridge and UCL warns lender it will miss out on top talent if it finances fossil fuels

The Guardian - UK

Culture clash: when the British Museum accepts funding from oil firms

Letters: Readers respond to an article by Charlotte Higgins about the management of the institution and sponsorship by BP

The Guardian - UK

Lord Cameron warns of Iran’s ‘malign influence’ and global threat

The former prime minister described Hamas, the Houthis and Hezbollah as ‘proxies’ for Iran and said they are contributing to an ‘extremely high’ level of ‘danger and insecurity’ around the world

The Independent UK

British Museum signs new £50m BP deal to fund major renovation plans

Environmental campaigners have urged the museum to end its sponsorship deal with BP over the years

Evening Standard

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Oil Prices Rebound After Houthi Attacks In Red Sea; BP, Equinor Pause Shipping Through Suez

Attacks on Red Sea shipping are driving up oil prices, prompting the US to form a coalition of nation's the crack down on Iran-backed Houthi rebels. Geopolitical uncertainty looks to be a key concern for investors in 2024.

International Business Times

How Red Sea attacks on cargo ships could disrupt deliveries and push up prices – a logistics expert explains

Attacks on international cargo ships in the Red Sea from Houthi-controlled Yemen have seen several cargo vessels hit by missiles and drones in recent days.

The Conversation

Equinor-BP's New York Offshore Wind Project Marks Turning Point For US Offshore Wind In 2024

With inflation cooling and the election approaching, the U.S. wind industry may face a limited window of opportunity in 2024.

International Business Times

US announces naval coalition to defend Red Sea shipping from Houthi attacks

Egypt and Saudi Arabia notably absent from Operation Prosperity Guardian as more shipping companies forgo route

The Guardian - UK

British Museum to receive £50m in funding from oil giant BP

BP will donate £50m to help with the renovation of the museum as climate groups slammed decision

The Independent UK

“The smallest element can be the basis of a cool riff. That’s pretty much how I wrote Sweet Emotion”: Tom Hamilton reveals the inspiration behind one of the most iconic bass riffs in rock

How Sweet Emotion, from Aerosmith’s Toys in the Attic, was inspired by Jeff Beck’s Rough and Ready

Guitar World

British Museum’s BP sponsorship deal ‘astonishingly out of touch’

Campaigners criticise £50m tie-up with fossil fuel firm to help fund ‘masterplan’ redevelopment project

The Guardian - UK

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Evening Standard

British Museum signs £50million BP deal to fund redevelopment

The funding will allow the museum to remain open during the redevelopment work

The Guardian - US

US launches Red Sea protection force after Houthi attacks – as it happened

This blog is now closed

Al Jazeera

US announces 10-nation force to counter Houthi attacks in Red Sea

US Defense Secretary Lloyd Austin says coalition will include Bahrain, Canada, France, Italy, UK and other countries.

The Guardian - AU

Red Sea crisis explained: what is happening and what does it mean for global trade?

Attacks from the Houthis on shipping vessels have increased in response to the war in Gaza, with BP halting all shipments of oil and gas through the region

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Top News

BP Halts Red Sea Shipments Amid Increased Rebel Attacks

As Iranian-backed Houthi rebels target commercial ships, oil giants halt Red Sea shipments, causing economic repercussions. Allies seek united response.

Evening Standard

Royal Navy destroyer HMS Diamond joins US-led maritime task force to patrol Red Sea as oil tanker hit

US, UK and other allied ships will seek to shoot down missiles and drones fired at commercial vessels in the Red Sea

The Independent UK

BP halts oil and gas shipments through Red Sea after attacks

Energy company follows decisions by a number of big shipping firms as Houthi militants – who have declared their support for Hamas – step up attacks on vessels

The Independent UK

BP is the latest company to pause Red Sea shipments over fears of Houthi attacks

Oil and natural gas giant BP has joined the growing list of companies that have halted their shipments through the Red Sea because of the risk of attack from Yemen’s Houthi rebels

Evening Standard

BP pauses shipments through Red Sea after pro-Hamas militants step up attacks

Pro-Hamas militants are seeking to disrupt ships set for Israel

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