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The Latest Breaking News from British Petroleum

Drivers issued warning over buying fuel from Tesco, Asda, Morrisons and Sainsbury’s

Drivers have been warned of buying petrol and diesel from leading supermarkets as the RAC has criticised Tesco, Asda, Morrisons and Sainsbury's for not reducing their prices quicker.

Edinburgh Live

Owners of 'UK's cheapest petrol station' can't stop crying after selling garage

Bailey garage in Abergavenny, Wales attracted headlines and enormous queues last month after it slashed petrol prices to 20p cheaper than the national average - now it's been closed

Daily Mirror

Revealed: BP’s ‘greenwashing’ social media ads as anger over fuel costs rose

Oil company spent £800,000 on social media influence ads after Labour proposed windfall tax

The Guardian - UK

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Family behind petrol station where hundreds queued for cheap fuel explain why it's been sold days later

Owner Ian Bailey said he had to speak out after numerous people accused him of flogging the fuel cheaply before selling the business

Wales Online

Alan Sugar confesses whole idea behind The Apprentice didn't work before huge change

Tycoon Lord Alan Sugar says the original format of The Apprentice was that the winner would work for him on a six-figure sum - but this made staff in one of his companies unhappy as they earned less

Daily Mirror

'This winter will be a heck of a shock': The people struggling to survive the cost of living crisis

And it's only set to get harder. Some analysts are predicting average household energy bills of £3,300 in October and persistent high prices throughout next year

Wales Online

Who benefits from renewable energy subsidies? In Texas, it's often fossil fuel companies that are fighting clean energy elsewhere

Texas is known for fiercely promoting its oil and gas industries, but it’s also the No. 2 renewable energy producer in the country after California. In fact, more than a quarter of all the wind power produced in the United States in 2021 was generated in Texas.

The Conversation

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British Gas, Shell, EDF, Scottish Power and more issue latest update on energy crisis

The energy giants have spoken out on what they are doing to ease the concerns of customers who can't pay their bills

Manchester Evening News

Energy companies are bleeding British families dry. Here’s how to fix it

Taking back governmental control would be a long-term solution to a broken system, says Guardian columnist Owen Jones

The Guardian - UK

BP Stock Shows Market Leadership With Jump To 83 RS Rating

BP stock shows improving price performance, earning an upgrade to its IBD Relative Strength Rating from 77 to 83.

Investors Business Daily

Today's rugby news as shock eligibility row erupts and major Welsh rugby loss lands new role

The latest rugby headlines and news bulletins from Wales and the rest of the world

Wales Online

BP Whale Trades For August 03

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.

Benzinga

Telehealth Market News: Braxia Scientific Enters Industry By Acquiring Ketamine Treatment Platform In Florida

A researcher and provider of ketamine-assisted treatments for mental health conditions, Braxia Scientific Corp.

Benzinga

Shell to give staff 8% bonus after record profits

Payout comes after oil firm reported $11.5bn second-quarter profits amid soaring energy prices

The Guardian - UK

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Daily Record

New Greggs store prepares to open its doors in Irvine

The finishing touches are being put on the company's new North Ayrshire outlet.

ABC News

Corporations' profits soaring as inflation skyrockets and real wages fall, report reveals

There are fresh calls for Australia's biggest corporations to rein in record profits in order to provide low wage earners with some cost-of-living relief.

Daily Record

BP raked in £880 per second while people couldn't afford both eating and heating

SNP energy spokesman Alan Brown said the cost of living with Westminster "is getting worse by the day".

Daily Mirror

BP rakes in £880 a SECOND as fatcats' bonanza leaves Brits unable to pay for food

Chief executive Bernard Looney – who called BP a 'cash machine' – could make much as £11.7million from the profits surge while Brits struggle with the cost of living crisis

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Benzinga

TechnipFMC plc (FTI) Q2 Earnings Lag Estimates, Sales Beat

TechnipFMC plc (NYSE: FTI) reported second-quarter 2022 adjusted earnings of 2 cents per share, lagging the Zacks Consensus Estimate of 4 cents per share. This underperformance was due to higher product costs and lease expenses, which pushed up the company's total expenses.

The Guardian - UK

Will Sunak or Truss make booming oil and gas firms pay to help consumers?

Energy companies have done themselves few favours by helping investors as they benefit from soaring prices

Evening Standard

The Leader podcast: BP’s record profits and how consumers are fighting back

Plus, support grows for 'don't pay UK' campaign

The Guardian - UK

Big oil’s quarterly profits hit £50bn as UK braces for even higher energy bills

Labour condemns ‘eye-watering’ gains and renews call for windfall tax to ease pressure on household finances

The Guardian - UK

Oil firms seem more interested in shareholders than net zero

Analysis: Is the energy industry willing to invest in renewables rather than dividends and buybacks?

The Independent UK

Almost £7 billion in profits ‘obscene’ as bills soar, BP told

The oil giant announced its results on Tuesday.

Benzinga

Benzinga Before The Bell: Instagram Head To Relocate To London, SEC Charges 11 for $300M Crypto Ponzi Scheme, Oracle's Layoffs And Other Top Financial Stories Tuesday, August 2

Reuters

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