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The Latest Breaking News from British Petroleum

US launches Red Sea protection force after Houthi attacks – as it happened

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The Guardian - US

US announces 10-nation force to counter Houthi attacks in Red Sea

US Defense Secretary Lloyd Austin says coalition will include Bahrain, Canada, France, Italy, UK and other countries.

Al Jazeera

Red Sea crisis explained: what is happening and what does it mean for global trade?

Attacks from the Houthis on shipping vessels have increased in response to the war in Gaza, with BP halting all shipments of oil and gas through the region

The Guardian - AU

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BP Suspends Red Sea Operations Amid Houthi Attacks on Ships

The rising Houthi attacks disrupt Red Sea shipping operations causing concerns about potentially higher oil and gas prices amidst the holiday season.

Top News

Global supply chain under threat amid Houthi attacks on vessels in Red Sea

On Monday, British oil giant BP and Taiwan's Evergreen became the latest companies to suspend transit in the Red Sea amid drone and missile attacks by Houthi rebels from Yemen. The firms join several of the world's biggest freight companies in avoiding the waterway, though which 12 percent of global…

France 24

BP Halts Red Sea Shipments Amid Increased Rebel Attacks

As Iranian-backed Houthi rebels target commercial ships, oil giants halt Red Sea shipments, causing economic repercussions. Allies seek united response.

Top News

Royal Navy destroyer HMS Diamond joins US-led maritime task force to patrol Red Sea as oil tanker hit

US, UK and other allied ships will seek to shoot down missiles and drones fired at commercial vessels in the Red Sea

Evening Standard

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BP halts oil and gas shipments through Red Sea after attacks

Energy company follows decisions by a number of big shipping firms as Houthi militants – who have declared their support for Hamas – step up attacks on vessels

The Independent UK

Oil prices jump as BP pauses Suez traffic amid attacks by Iran-backed rebels

BP is the first global oil major to pause Suez shipments following a spate of attacks on vessels in one of the world's busiest waterways.

The Street

Shipping Stocks Climb As Oil Major Joins Red Sea Detour

BP decided Monday to temporarily pause Red Sea shipments amid threats of attack by Houthi militants.

Investors Business Daily

BP is the latest company to pause Red Sea shipments over fears of Houthi attacks

Oil and natural gas giant BP has joined the growing list of companies that have halted their shipments through the Red Sea because of the risk of attack from Yemen’s Houthi rebels

The Independent UK

BP pauses shipments through Red Sea after pro-Hamas militants step up attacks

Pro-Hamas militants are seeking to disrupt ships set for Israel

Evening Standard

BP halts oil and gas shipments through Red Sea after rebel attacks

Energy company follows decisions by five big shipping firms as Houthi militants step up attacks on vessels

The Guardian - UK

‘You have a responsibility’: how Aviva’s Amanda Blanc has promoted equality in UK business

From BP to the CBI, the insurance boss has influenced some of the biggest changes in corporate Britain this year

The Guardian - UK

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The Guardian - UK

I’m not worried about finding an EV charging point – I’m worried about how to pay for a charge

Letter: Peter Constable finds that the payment system is problematic

Top News

BP Battles 25,000-Gallon Gasoline Spill in Washington

Unravel the story of BP's dynamic race against time, as they valiantly tackle a daring 25K-gallon gasoline spill in picturesque Washington state!

Barchart

3 Dividend Energy Stocks to Scoop Up at a Discount

Oil prices recently hit six-month lows, pressured by weak economic forecasts and high U.S. supply. Now, income investors have a chance to buy high-quality dividend energy stocks at compelling valuations.

The Independent UK

BP denies ex-CEO Looney a $41 million payout, saying he misled the firm over work relationships

BP says its former chief executive has been denied a payout of 32.4 million pounds, or $41 million, after he was found to have misled the company over his past relationships with colleagues

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Top News

Ex-BP CEO Looney's Pay Tap Officially Turned Off!

Former BP maestro, Looney, waves farewell to future pay packets from the oil giant. Quite the plot twist in the corporate world's grand opera!

The Guardian - UK

BP to deny Bernard Looney £32m in pay and shares after finding ‘serious misconduct’

Oil firm concludes former chief misled board when it sought assurances over disclosure of personal relationships

Barchart

Will Oil Stocks Go Up in 2024? Warren Buffett Doesn’t Seem to Think So.

U.S. oil prices are trading below $70 per barrel, which has pushed oil stocks lower. Will oil stocks recover and go higher in 2024? Here's how Warren Buffett's views stack against Wall Street analysts.

InsideEVs

Tesla Ends 2023 With An Autopilot Recall For 2 Million Cars

Plus, the charging industry faces consolidation in 2024 and more small, affordable EVs bite the dust.

WEKU

Making oil is more profitable than saving the planet. These numbers tell the story

Major oil companies are under pressure to invest more money in clean energy — but there's a big hurdle: It's still a hell of a lot more profitable to produce fossil fuels.

The Guardian - US

Revealed: more than 160 representatives with climate-denying track records got Cop28 access

UN organizers allow groups that have obstructed fossil fuel regulations and other climate action to attend, watchdog finds

Al Jazeera

Communities on US LNG front line ask Biden to reject export terminal

Louisiana’s booming LNG industry is wreaking havoc on fishing community. Locals are protesting a potential new terminal.

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