The Latest Breaking News from British Petroleum

BP today racked up profits of $8.5 billion (£6.95 billion), up more than a third on the previous quarter after a continued surge in oil prices.

BP faced a backlash on Tuessday after the oil and gas giant reported near-£7 billion profits between April and June as it cashed in on soaring energy costs.

The company has cashed in on high oil and gas prices

Renewed calls for windfall tax as energy firms make ‘eye-watering’ sums as families struggle to afford bills

Labour says government is ‘totally wrong’ to give tax breaks to oil companies amid cost of living crisis

BP's financial performance has gone through the roof thanks to soaring oil and gas prices due to the war in Ukraine as they've already raked in £5billion in profits in the first three months of the year - which is more than double the £2.3bn earned in the same period…

Unions criticise oil giant who recorded second-highest profits in its history after Ukraine war drove up energy prices

Chief executive Bernard Looney, 51, could take home an astonishing £11.7m along with finance boss Murray Auchincloss who could trouser up to £6.3m in pay and perks

BP has opened its first fast charging station aimed at medium and heavy-duty electric trucks, as part of preparation for mass electrification.

Only Luxembourg has done less than the UK Government, according to the motoring body

It’s been nearly two decades since the oil giant BP released a calculator to help consumers figure out all the ways carbon was creeping into their lives, from commuting to work to buying food. The PR campaign was wildly successful: It popularized the very idea of an individual “carbon footprint.”