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The Latest Breaking News from British Petroleum

Oil and gas companies are seen as climate villains. Truth is, we'll need their expertise to make green hydrogen a reality

Think about oil and gas companies and climate change and chances are you’ll think dark thoughts. It’s true Exxon Mobil had remarkably detailed knowledge of global warming in the 1970s. Some seeded doubt by funding climate denier organisations and scientists and invented greenwashing. The current energy crisis has handed them…

The Conversation

Fossil fuel companies donated $700m to US universities over 10 years

Funding at 27 universities can shift not just research agendas, but also policy in the direction the industry prefers, report says

The Guardian - US

Emitting greenhouse gases in Washington state? Here's who will need to pay up to pollute

SEATTLE — Blue and orange flames flicker and whir within five massive natural gas-fired boilers, visible only through hatches where coal used to be shoveled.

Tribune News Service

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Fresh doubts raised over future BP funding of British Museum

Museum says no talks took place between October 2021 and December 2022 and most recent deal has ended

The Guardian - UK

If UK wages are going down, why aren’t rent, food and energy prices coming down too?

Many British companies make their profits outside the UK or provide services so essential they know the government will step in to cover consumer bills, says economic geography professor Brett Christophers

The Guardian - UK

How the Ukraine war has changed business

There have been big effects on more than just supply chains and inflation.

Fortune

BP boss could be in line for special bonus of up to £11.4m

Firm set for clash with investors over possible payout to Bernard Looney from three-year share award plan

The Guardian - UK

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Renfrewshire MSP slams energy firms over skyrocketing profits

The Renfrewshire North and West MSP wants more to be done to combat soaring energy costs.

Daily Record

MLB’s New Pitch Clock Sends Hitters Into the Unknown

As pitchers work with a timer to prepare for the newly-introduced rule, the league’s batters will have to learn to deal with the change on the fly.

Sports Illustrated

We won’t be distracted from green targets - ScottishPower boss

Operating profit increased by 7.4% to reach £785m, although the retail arm reported losses

Insider UK

New fuel tipped to be "key factor" in 2023 Super GT title battle

Manufacturers adapting their engines to carbon-neutral fuel could be the 'key factor' in this year's Super GT title race, believes reigning champion Bertrand Baguette.

Autosport

New biofuel deal for Supercars

Supercars will switch to a new biofuel blend as part of a new deal with supplier BP.

Motorsport

BP CEO Bernard Looney pushes beyond recent headlines to detail the company’s upcoming plans

The three main energy issues BP is trying to solve, Looney says, are lower carbon emissions, affordability, and security.

Fortune

Moment brazen thieves raiding 'Britain's most looted shop' in front of staff

Shocking footage captured the moment two brazen masked thieves raided a petrol station locals call 'Britain's most looted shop'

Daily Mirror

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Salon

Big Oil backs out of climate promises

"If we see value, we’ll do it. If we don’t, we won’t."

The Guardian - UK

The energy sector isn’t ‘broken’, it’s cooking on gas – if you’re a profit-hungry shareholder

Under the current setup, delivering energy can only ever be incidental to the real business of reaping monster returns, says Mathew Lawrence, of the Common Wealth thinktank

The Guardian - UK

Five factors to explain FTSE 100’s record high despite recession

Economy and business backdrop is grim, but the energy boom and shareholder payouts have helped

Autosport

Long-time team owner, manager and engineer Dave Price dies aged 75

Long-time team owner, manager and engineer Dave Price who worked with Nigel Mansell, Martin Brundle and Derek Bell among others over a career spanning six decades has died aged 75.

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The National (Scotland)

'Brass neck': Oil lobby calls for windfall tax to be dropped as firms make billions

THE oil lobby has been accused of a “brass neck” after calling for the windfall tax to be scrapped just days after energy firms reported…

Daily Record

Carl Starfelt credits Celtic success to Swedish mentor's influence after defying dad's advice and ditching US college for football

The Hoops star has formed a solid defensive partnership with Cameron Carter-Vickers since arriving from Rubin Kazan 18 months ago.

inkl Originals

The Weekly Wrap for Saturday, 11 February 2023

Entire regions of Turkey and Syria lie in ruins after Monday's catastrophic earthquakes. As the death toll soars, the clear gap is opening in how the world responds to these beleagured nations.

Fortune

Fossil-fuel investments have sparked more than one important debate

An activist investor is urging rival Shell to split in two.

The Guardian - UK

First Thing: pressure mounts on UN to provide urgent support in Syria

Syrian rescue teams say earthquake has created conditions not seen at any point during 12 years of war. Plus, Russia ‘on offensive’

Los Angeles Times

Michael Hiltzik: Big oil companies are already reneging on their global warming promises

If there's an enduring truism about corporate promises to do well by doing good, it's that believing them is a mug's game.

Fortune

BP CEO Looney addresses climate-target rollback furor

"While I understand that people are skeptical, I would encourage people to look at the facts.”

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