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The Latest Breaking News from British Petroleum

Philip Kraven obituary

Other lives: IT specialist in the oil industry who started out working as a geophysicist

The Guardian - UK

Reeves targets oil and gas profits with plans to close tax loophole

The Chancellor hopes reforms to taxation of overseas activities will bring in ‘hundreds of millions of pounds’.

Evening Standard

Quantinuum and bp Collaborate Towards Solving Fundamental Wave Physics Challenges with Quantum Computing

BROOMFIELD, Colo., May 21, 2026 /PRNewswire/ -- Quantinuum, a leading quantum computing company, today announced the launch of a new quantum project in collaboration with bp, the global integrated energy company, aimed at modernizing how the energy sector maps the Earth's subsurface to locate oil and gas resources. Few tasks…

AAP

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No free ball, here

Re: "End the free football habit", (Editorial, May 18).

Bangkok Post

Scottish unicyclist prepares for gruelling 215-mile challenge for charity fundraiser

A Scottish unicyclist is preparing to take on a 215-mile coast-to-coast challenge for charity next month

The National (Scotland)

2 Reasons Quantum Cyber Has More Than Doubled Today

Quantum Cyber stock more than doubles on an exclusive agreement with BP United and Peter O’Rourke’s appointment as a director. Find out more!

Barchart

BP plans to sell shares in flagship carbon projects as it pulls back from green agenda

Oil firm seeks to reduce stake in carbon capture and storage projects in north-east of England after schemes fail to win over shareholders

The Guardian - UK

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Shell profits soar amid surging oil prices because of Iran war

The oil giant reported a 24% rise in underlying earnings to 6.92 billion US dollars (£5.09 billion).

Evening Standard

Shell profits rocket above £5bn for three months amid surging oil prices due to Iran war

The oil giant reported a 24% rise in underlying earnings to 6.92 billion US dollars (£5.09 billion)

The Independent UK

Stocks soar and oil sinks on fresh peace deal hope

The FTSE 100 closed up 219.55 points at 10,438.66.

Evening Standard

Can higher oil prices negate damage to Qatari gas plant for Shell?

Evening Standard

Swinney ‘very concerned’ by reports of BP considering leaving North Sea

Reports suggest the oil giant is considering its position in the North Sea.

Evening Standard

Can higher oil prices negate damage to Qatari gas plant for Shell?

The British oil and gas producer will publish its financial results for the first quarter of 2026 on Thursday.

The Independent UK

Woman Goes To Pump Gas. Then She Catches The Fuel Station Doing Something Shady: ‘This Is Highly Illegal’

A Michigan woman claims that a BP gas station is charging customers for fuel that they didn't pump. It’d be galling in the best of times, but now, with gasoline prices at new highs, it hits different.

Motor1

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The Guardian - UK

Revealed: British ad firm’s billion-dollar greenwash of US oil industry

London-based WPP accused of breaching climate policy after report reveals firm linked to twice as much oil advertising as US rivals

Kiplinger

Markets Are Mixed Amid Fed Uncertainty: Stock Market Today

Earnings are still solid, crude oil is still rising, and Jerome Powell is still a member of the Federal Reserve Board until further notice.

Radio France Internationale

Middle East war boosts oil giants’ profits as 'households pay the price'

Oil giants have posted "exceptional" profits as war in the Middle East drives up crude prices, fuels global supply fears and creates trading opportunities – handing some of the world’s biggest energy companies a financial boon while consumers face rising costs.

Fortune

Activists call out 'horrifying' soaring oil and gas profits as energy companies cash in on the Iran war

As drivers sour on rising fuel prices, energy firms are making a killing.

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The Independent UK

Rachel Reeves says BP’s huge profits ‘exactly why’ Government extended windfall tax

IN FULL

Euronews

How the Iran war boosted profits at BP and Barclays

Barclays' profits rose, but loan losses weighed on its first-quarter results. At the same time, oil giant BP’s earnings jumped, largely driven by an exceptional oil trading boom linked to the Iran war.

Evening Standard

Protesters halt NatWest shareholder meeting as boss defends climate policy

The annual general meeting was being held on Tuesday morning but had to be stopped for about half an hour amid disruption.

The Independent UK

BP slammed as profits more than double during Iran war

IN FULL

The Independent UK

Iran war briefing: Trump meets with national security over Tehran peace plan

Donald Trump discussed Iran's proposal to reopen the Strait of Hormuz and end the Middle East conflict with his national security team on Monday, but a US official told Reuters that the President “doesn’t love the proposal” as he wants a peace plan to address Iran’s nuclear programme. The conflict…

Evening Standard

BP slammed over ‘astronomical’ profits amid oil price spike caused by Iran war

The oil giant saw profits surge by over 130% to a better-than-expected 3.2 billion US dollars (£2.4 billion) in the first quarter.

The Guardian - UK

BP profits more than double as oil prices soar in Iran war

First-quarter profits of $3.2bn prompt outrage from campaigners, who say figures come at expense of consumers

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