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The Latest Breaking News from British Petroleum

Why Does California Lag In Autonomous Freight Commercialization Testing?

Back in 2012, California adopted legislation, rules of the road so to speak, for the operation of autonomous vehicles on Golden State roadways. It took three more years, until 2015, for implementing regulations to follow.

Benzinga

Liz Truss's biggest campaign donor revealed as wife of Scottish-born millionaire

LIZ Truss’s biggest single Tory leadership campaign donation came from the wife of a Scottish Dubai-based entrepreneur.

The National (Scotland)

Liz Truss took £100,000 donation from wife of former BP executive

Official records reveal the Prime Minister was handed cash for her leadership campaign by Fitriani Hay, the wife of James Hay, a former senior executive at the energy giant

Daily Mirror

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Liz Truss reveals campaign donation of £100,000 from wife of ex-BP executive

Contributions were revealed minutes before the new PM announced details of her plan to tackle rising energy bills

The Guardian - UK

Liz Truss campaign’s biggest donation came from wife of former BP executive

Fitriani Hay, wife of James Hay, donated £100,000 to Truss’s successful bid to become PM

The Independent UK

How to invest in oil

Soaring energy prices have dominated the headlines over the last year. In the oil sector, the wholesale price of Brent crude oil (a key oil industry measure), is almost five times higher now than in April 2022, and motorists have faced record petrol prices at the pumps.

Evening Standard

How to invest in natural gas

Natural gas has featured regularly in the news of late, with the wholesale price having more than doubled in 2022 after Russia’s invasion of Ukraine. The UK government has also reopened the controversial debate on fracking as a way of reducing natural gas imports.

Evening Standard

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Oil and gas firms’ green investments fail to match promise of publicity – study

BP, Chevron, ExxonMobil, Shell and TotalEnergies spend $750m a year burnishing climate credentials but only 12% of capital on low-carbon development

The Guardian - UK

Liz Truss plans massive subsidy for energy bills but won't tax energy giants to pay for it

Keir Starmer accused her of making working people 'foot the bill'

Wales Online

What Are Whales Doing With BP

A whale with a lot of money to spend has taken a noticeably bullish stance on BP. Looking at options history for BP (NYSE:BP) we detected 11 strange trades.

Benzinga

Great North Run organisers aim for growth after difficult period

The Great Run Company has appointed a former BP executive to be its new chair, with a new role for founder Sir Brendan Foster

Birmingham Post

The people making a difference: the climate activist fighting fossil fuel giants

Nick Hodgkinson gave up his job when his health worsened, and began campaigning to halt climate change. Now it is his turn to be treated

The Guardian - UK

Poster in BP garage tells staff to bin leftovers and eating them is 'sackable offence'

A former BP worker is campaigning for all supermarkets to offer leftover food to staff members and claims she and her colleagues were barred from taking any under threat of dismissal

Daily Mirror

Bad economics trumps good environmental outcomes

Whether pumping petrol or fouling streams, sometimes environmental regulations make it just seem easier to go with the flow.

Newsroom.co.nz

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Liverpool Echo

New Asda store will see return of 24 hour supermarket for town

The new supermarket will take the place of an "underperforming" BP petrol station

Benzinga

What Are Whales Doing With BP

Someone with a lot of money to spend has taken a bullish stance on BP (NYSE:BP). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

The Guardian - UK

Global fossil fuel subsidies almost doubled in 2021, analysis finds

Support amid huge industry profits is a ‘roadblock’ to tackling climate crisis, says International Energy Agency

Tribune News Service

Whitmer order lifts some fuel rules to address potential impact of Indiana refinery fire

DETROIT — Gov. Gretchen Whitmer on Saturday issued an executive order lifting some rules on fuel supply transportation and moving forward the timeline for the state to access its fall gasoline supply in light of a fire at an Indiana refinery that may affect Michigan's supply and prices.

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Wales Online

Former BP chief calls for energy price cap to be suspended and oil firms to be taxed more

Nick Butler has called for taxes to be increased on companies that are "milking the system". Mr Butler worked at BP for more than 30 years.

The Independent UK

Former BP chief says price cap should be suspended

Nick Butler said the increase in the Ofgem price cap should be suspended, after they announced an 80% hike in bills.

Benzinga

This Is What Whales Are Betting On BP

A whale with a lot of money to spend has taken a noticeably bearish stance on BP. Looking at options history for BP (NYSE:BP) we detected 12 strange trades.

The Guardian - UK

Just Stop Oil protesters blockade central London petrol stations

Environmental activists stage sit-down protests, blocking entrances and gluing themselves to pumps

Evening Standard

Just Stop Oil block seven London petrol stations during rush hour

More than 50 eco-warriors from Just Stop Oil have blocked service stations and smashed up petrol pumps across west and central London.

Evening Standard

North Sea oil giant’s huge profit set to fuel fresh row

Hike just hours ahead of announcement of unprecedented rise in domestic gas and electricity bills

Investors Business Daily

BP Stock Tops Cup-Base Buy Point, Composite Jumps To 96

BP stock saw its IBD SmartSelect Composite Rating rise to 96 Tuesday, up from 94 the day before.

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