Labour should encourage workers to work from home to save fuel amid looming shortages, says former BP boss, as average diesel and petrol prices stop climbing for first time in more than 40 days ⊕
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a story from The Daily Mail 💩 › The Daily Mail
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2 hours ago
Professor Nick Butler, a former adviser to Gordon Brown and ex-VP of BP, said he believed Britain would be hit with shortages within weeks as the Strait of Hormuz has still not fully re-opened.
35 hours ago
Why pressure is mounting at oil giant BP ahead of its annual general meeting ⊖
Oil giant BP is bracing for a possible shareholder revolt at its upcoming annual general meeting.
13 days ago
BP is operating in a world of ‘significant complexity’, new boss tells staff ⊖
Meg O’Neill’s memo comes as company tries to rebuild strategy amid oil shock of Iran war and after failed green pivot
Business live – latest updates
The new boss of BP has told staff that the oil compa…
28 days ago
Trump’s war is bringing economic calamity to the UK – and another shock to our politics | Gaby Hinsliff ⊖⊖
Hard choices lie ahead for Downing Street if higher fuel prices spark resentment and trigger a renewed cost of living crisis
Seventy years ago this winter, the streets of Britain fell eerily quiet. Af…
63 days ago
BP halts share buybacks as it takes £3bn hit from green energy push ⊕⊕
In a blow to investors, BP said it was suspending its share buyback programme 'to accelerate strengthening' of its balance sheet.
Global stocks reach record highs; BP annual profits slump 16% – business live ⊕⊕
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a story from The Guardian ⚠️ › International
Japan’s Nikkei jumps to new peak in extended rally after Sanae Takaichi’s party secures election victory; London-listed oil giant BP suspends share buyback
Good morning, and welcome to our rolling cov…
Oil major BP suspends buybacks in fresh sign of oil price pressure ○
BP on Tuesday posted fourth-quarter profit in line with expectations, after crude prices dipped below $60 a barrel for the first time in nearly five years.
71 days ago
Europe’s oil majors prepare to cut billions in shareholder payouts ○
Shell, BP and peers widely expected to rein in buybacks to protect balance sheets in face of lower oil prices
84 days ago
Bill Gates charity trust’s holdings in fossil fuel firms rise despite divestment claims ⊕⊕
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a story from The Guardian ⚠️ › International
Trust had $254m invested in companies such as Chevron, BP and Shell in 2024, a nine-year record, analysis shows
The Gates Foundation Trust holds hundreds of millions of dollars in fossil fuel extracto…
88 days ago
BP accused of ‘insidious’ influence on UK education through Science Museum links ⊕
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a story from The Guardian ⚠️ › International
Campaigners claim firm has bought sway over the teaching of science, technology, engineering and maths
Campaigners have accused BP of having an insidious influence over the teaching of science, techn…