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The Latest Breaking News from British Petroleum

BP is operating in a world of ‘significant complexity’, new boss tells staff

Meg O’Neill’s memo comes as company tries to rebuild strategy amid oil shock of Iran war and after failed green pivot

The Guardian - UK

Invisible plumes and ‘terrible pollution’: the reality of the US gas sites rated ‘grade A’

Exclusive: Guardian investigation into reliability of methane certification issued by MiQ reveals weakness of voluntary model

The Guardian - UK

Embattled former BP CEO takes over Wyoming hyperscaler as first woman leader of Big Oil giant becomes new BP chief

The former BP chief is entering the AI age with American data center projects.

Fortune

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read the most diverse news in one place.

‘God squad’ waives endangered species law to allow US drilling in Gulf of Mexico

Critics say exemption for fossil fuels exploits White House’s ‘self-made gas crisis’, and could doom the rare Rice’s whale

The Guardian - US

BP PLC ADRs Have High Call Option Yields for Value Investors

BP PLC American Depository Receipts (ADR) now have attractive call option premiums, worth shorting. A 10% out-of-the-money BP call has a 1.3% yield over the next month. That works out to 3.7% yield over 3 months.

Barchart

Prime Minister to chair Cobra meeting on economic hit of Iran war

Sir Keir Starmer told business leaders on Monday that it must be a ‘joint effort’ to tackle the impact of the war.

Evening Standard

Federal 'God squad' poised to exempt oil and gas drilling in the Gulf from endangered species rules

Trump administration officials will soon consider exempting oil and gas drilling in the Gulf of Mexico from the Endangered Species Act

The Independent UK

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Starmer to meet business leaders as Trump considers invading Iranian island

Bosses from energy firms including BP and Shell and representatives from shipping and banking firms will meet Sir Keir Starmer.

Evening Standard

Petrol prices latest: Motorists hit by 23-year record over cost of diesel as Starmer prepares for emergency talks

The average price of a litre of diesel at UK forecourts rose to 179.9p on Sunday, 28.5p more than petrol (151.4p).

The Independent UK

Judge won't block meeting that could exempt Gulf drilling from Endangered Species Act

A judge has ruled that the government can convene a meeting next week to seek an exemption from the Endangered Species Act on the basis of national security for expanded oil and gas drilling in the Gulf of Mexico

The Independent UK

Antihypertensives and Hypertension Drugs Plus Lifestyle Steps for Long Term BP Control

Discover how antihypertensives, hypertension drugs, and simple lifestyle changes work together for safer BP control, fewer complications, and more sustainable long-term heart health.

Medical Daily

FTSE 100 falls as Iran responds to US proposals

Stocks fell on Thursday amid uncertainty around talks between the US and Iran to end the war in the Middle East.

Evening Standard

FTSE 100 Top 5 Gainers: Next Leads Risers as Index Dips Slightly on March 26

LONDON — Next plc dominated the FTSE 100 gainers Thursday as the blue-chip index edged lower amid renewed oil price volatility and lingering geopolitical uncertainties tied to the Middle East.

International Business Times

UK ‘absolutely not’ facing blackouts or rationing, says energy minister

Energy minister Michael Shanks stated the UK is "absolutely not" planning for blackouts or rationing, asserting the nation has a "strong and diverse range of supplies." This assurance comes amidst Iran's effective blockade of the Strait of Hormuz, a critical shipping route for oil and gas. Experts told MPs that…

The Independent UK

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Evening Standard

Oil majors boost FTSE 100 amid war uncertainty

The FTSE 100 index closed up 71.01 points on Tuesday.

The Guardian - AU

Seven charts that reveal how unprepared Australia was for the fuel crisis

Disruptions to Middle East oil shipments have rippled along the world’s longest supply chain through Asia – and there’s no knowing when the pressure will ease

Evening Standard

Stocks swing wildly as Trump cools Iran rhetoric

US President Donald Trump said he had instructed strikes against Iranian energy sites to be postponed for five days, and that talks were under way.

Euronews

'Climate gaslighting': How fossil fuel giants have quietly abandoned their net zero pledges

A new analysis warns that some of the world’s biggest fossil fuel companies have entered a ‘gaslighting’ phase to bolster their profits.

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Evening Standard

Stocks end week in red as Brent price retreats

The FTSE 100 has lost 342.77 points, 3.3%, over the week.

Evening Standard

Stocks close down as oil rises and gold retreats

The FTSE 100 index closed down 241.79 points, 2.4%, at 10,063.50.

The Conversation

The West has long characterized Iran’s oil as a prize to be claimed

With the recent outbreak of hostilities in the Persian Gulf, the focus of international attention has returned to one of the world’s most important energy chokepoints: the Strait of Hormuz.

The Guardian - UK

BP to sell German oil refinery as part of $20bn cost-cutting plan

Energy company plans full return to London by moving global HQ to new development on South Bank

Evening Standard

BP moves back to central London as it chooses Bankside development for new global HQ

Energy giant will occupy at 15 storeys of the Ink building at Timer Square

Evening Standard

BP hikes cost-cutting target again after striking deal to sell German refinery

The energy giant will sell the Gelsenkirchen refinery to independent European refiner Klesch Group.

The Guardian - AU

‘It’s not panic-buying’: farmers defend stockpiling as regional Australia bears brunt of fuel crisis

Independent retailers are struggling to get fuel from the majors and say farmers have only responded to soaring prices and lack of availability

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