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The Latest Breaking News from British Petroleum

Honeymoon period for new BP boss won’t last long

Markets did not like the decision to suspend share buy-backs – and investors will want clarity about what happens next

The Guardian - UK

BP halts share buy-backs as annual profits slide

Pressure mounts on oil and gas company as it aims for turnaround under new chief executive

The Guardian - UK

BP halts share buybacks and ramps up cost-cutting as profits slump

The FTSE 100 oil giant reported a 16% fall in underlying replacement cost profits to 7.49 billion US dollars (£5.47 billion) for 2025.

Evening Standard

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Barclays boss ‘shocked’ by Epstein revelations; BP annual profits slump 16% – as it happened

Barclays CEO speaks as bank deals with fallout of ex-boss Jes Staley’s ties to convicted child sex offender; Japan’s stock market jumps to new peak in extended rally after Sanae Takaichi’s party secures election victory

The Guardian - UK

FTSE 100 Live 10 February: Barclays boss gets £15m pay packet, BP halts buybacks

BP today halted share buybacks and reported a big fall in profits during a weaker session for the FTSE 100 index.

Evening Standard

BP faces calls for new strategy to end period of turbulence

Full-year results expected to reveal weaker profits as company also faces investor pressure over climate U-turn

The Guardian - UK

Michigan accuses big oil of being ‘cartel’ that fuels climate crisis and high energy costs

In first-of-its-kind complaint, state accused four fossil fuel majors and US oil lobbying group of climate disinformation

The Guardian - US

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Mandelson sought Epstein’s help in hunt for lucrative roles at Glencore and BP

Days after Labour’s 2010 defeat former cabinet minister began dogged pursuit of ‘highly paid’ jobs, emails show

The Guardian - UK

Andrew invited Epstein to Buckingham Palace after child sex offender’s release, files show

Emails between former prince and financier revealed in latest tranche of released documents

The Guardian - UK

One of America’s Biggest EV Charging Networks Is Betting Big On NACS

EVgo is ramping up installations of Tesla-style NACS charging ports. Others are doing the same, and that's great news for all EV drivers.

InsideEVs

Michigan Is Suing Oil Companies For 'Suppressing' EVs

The State of Michigan alleges in a lawsuit that BP, Chevron, Exxon and other oil giants have been a 'cartel' that's 'suppressed innovation' around EVs.

InsideEVs

Half of 2024 global emissions produced by just 32 fossil fuel firms, study finds

Thirty-two companies in the fossil fuel sector are responsible for half of global greenhouse gas emissions, according to a report published on Wednesday – including Chevron and Exxon in the United States and BP in the United Kingdom, as well as state-owned companies in countries including Saudi Arabia, Russia and…

Radio France Internationale

‘Wrong side of history’: Report ties top polluters to countries blocking fossil fuel phaseout

Many state-owned fossil fuel firms that emitted the highest levels of pollution in 2024 went on to block a phaseout roadmap at COP30.

Euronews

Billionaire Bill Gates Trust's Fossil Fuel Holdings Rise Despite Divestment Claims

Although Bill Gates announced in 2019 he would divest from fossil fuels, his trust's investments in these companies have continued to rise.

International Business Times UK

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The Guardian - UK

Bill Gates charity trust’s holdings in fossil fuel firms rise despite divestment claims

Trust had $254m invested in companies such as Chevron, BP and Shell in 2024, a nine-year record, analysis shows

The Guardian - UK

BP accused of ‘insidious’ influence on UK education through Science Museum links

Campaigners claim firm has bought sway over the teaching of science, technology, engineering and maths

Barchart

As Trump Spats With Exxon CEO Darren Woods Over Venezuela, Should You Take a Risk and Buy XOM Stock?

Woods said Venezuela was uninvestable, prompting Trump to say that Exxon was being "too cute" and may not be involved in rebuilding the oil infrastructure in the country.

The Guardian - UK

BP to take hit of up to $5bn on green energy as it refocuses on fossil fuels

Energy company also under pressure from worse oil trading performance and weaker oil prices

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news in one place.

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Evening Standard

BP cautions over ‘weak’ oil trading and reveals up to £3.7bn in write-downs

The oil giant joined FTSE 100 rival Shell, after it also last week cautioned over a weaker performance from oil trading amid lower crude costs.

Marie Claire

These New Affordable Nordstrom Finds Pulled Me Out of My Winter Fashion Rut

25 under-$100 sweaters, denim, sneakers, and more for a mid-season refresh.

inkl

Discover the Best Fleet Fuel Card and Save More with earnify

Earnify helps businesses save with the best fleet fuel card. Find out key benefits, features, and how to boost your fleet’s efficiency today.

Barchart

Should You Buy the Dip in First Solar Stock?

First Solar stock sinks as Jefferies downgrade it to “hold”. Here’s why the investment firm cautions against owning FSLR shares at current levels.

Barchart

Venezuela Just Thrust Oil Stocks Into the Spotlight. Does That Make BP a Buy Here?

BP is a blue-chip energy stock that offers you a dividend yield of almost 6% in 2026 and could gain traction in Venezuela.

Evening Standard

Oil prices drop as Trump vows to seize up to 50m barrels of Venezuelan crude

Brent crude dropped below 60 US dollars a barrel after the US leader said Venezuela would turn over oil worth close to £1.5 billion.

The Independent UK

Oil prices drop as Trump vows to seize up to 50 million barrels of Venezuelan crude

Brent crude dropped below $60 a barrel after the US leader said Venezuela would turn over oil worth close to £1.5bn

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