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The Latest Breaking News from British Petroleum

Tory leadership race: Truss takes on Sunak in Manchester – as it happened

The two candidates faced questions from Conservative members on the NHS, trade unions, and energy bills

The Guardian - UK

Former BP chief calls for UK energy price cap freeze ahead of ‘winter of discontent’

Nick Butler says firms who cannot offer lower prices should be renationalised

The Independent UK

I worked for BP for 30 years – the energy sector has become incompetent and greedy

If these profiteering firms are failing to meet society’s needs, the government should take them back into public control, says Nick Butler, a former vice-president at BP

The Guardian - UK

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Former BP chief urges freeze to UK energy price cap to help households

Ofgem should stop rises in cap, and energy firms unable to offer lower bills should be nationalised, says Nick Butler

The Guardian - UK

Oil majors' climate visions 'inconsistent' with Paris targets

Paris (AFP) - Global decarbonisation scenarios envisioned by oil and gas majors are incompatible with the Paris climate deal temperature goals aimed at averting devastating heating, according to research published Tuesday.

AFP

Influential oil company scenarios for combating climate change don't actually meet the Paris Agreement goals, our new analysis shows

Several major oil companies, including BP and Shell, periodically publish scenarios forecasting the future of the energy sector. In recent years, they have added visions for how climate change might be addressed, including scenarios that they claim are consistent with the international Paris climate agreement.

The Conversation

Loyalty schemes that offer cheaper fuel prices at Tesco, Shell, Esso, BP and Sainsbury’s

Shoppers could be earning points to knock money off their fuel prices with these apps and rewards programmes

Manchester Evening News

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East Coast Cluster chief on latest carbon capture sequencing success

14 of the 25 projects put forward earlier this year succeeded - we list all

Birmingham Post

Starmer bungled in failing to target his energy bill support

Labour’s idea may represent smart politics but it makes no economic sense to freeze prices for everyone

The Guardian - UK

Saudi Aramco profits soar by 90% as energy prices rise

The $48bn figure from world’s biggest oil firm is thought to be one of largest quarterly profits in history

The Guardian - UK

Lord Alan Sugar blasts oil firms for 'whacking prices up' and demands stricter regulation

Alan Sugar blasted companies for taking advantage of consumers with petrol prices - it comes after BP raked in profits of £6.9m in three months as households struggle with energy bills

Daily Mirror

Sub guinea pig

Re: "Navy may take sub engines from China", (BP, Aug 10).

Bangkok Post

3 Under-the-Radar Oil Stocks Investors Should Consider

Oil prices rebounded yesterday, boosted by the slowdown of inflation. Moreover, oil demand is expected to rise this year amid an already tight market which might increase oil prices further. Amid this, Adams Resources & Energy (AE), TotalEnergies (TTE), and Cenovus Energy (CVE) are flying under the radar, offering good…

StockNews.com

Using 20p can reduce petrol cost in SECONDS - whether you top up at ASDA, Tesco, Morrisons, Shell, Sainsbury's or BP

Experts are urging all drivers to find 20p as soon as possible if they want to reduce how much they spend on petrol or diesel

Manchester Evening News

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The Guardian - UK

What is a windfall tax and will it be extended to UK energy providers?

Explainer: Up to £4bn could be raised from levy on electricity generators, but ministers are rowing back on idea

Benzinga

What Are Whales Doing With BP

A whale with a lot of money to spend has taken a noticeably bullish stance on BP. Looking at options history for BP (NYSE:BP) we detected 16 strange trades.

Daily Mirror

'We need to put the heat on selfish fatcats so we can actually afford to turn it on'

Guest columnist Anila Baig writes on the ludicrous increase in our energy bills, all while firms such as BP continue to coin it in with profits tripling between April and June

The Independent UK

Labour blasts ‘absurd’ tax regime after report shows oil giant Shell received £100m from UK

Call for companies to pay ‘fair share’ during cost of living crisis

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Daily Record

Shell paid no tax on UK production in 2021 and received £100m from taxpayer, Labour claims

With consumers facing £4,200 average household bills next year Labour called on the Tory government to do more to squeeze the oil giants record profits.

Nottingham Post

Asda, Tesco, BP and Shell warning to drivers over fuel prices

Campaigners say costs should be cheaper

Benzinga

ConocoPhillips Shares Advance On Strong Q2 Revenue

A day after reporting better-than-expected sec

Daily Mirror

Drivers spot garage selling fuel for MUCH cheaper than big name petrol stations

Social media users slammed bigger petrol providers with one asking: "So a tiny village garage in Herefordshire can manage this, but not the mega-stations of Shell, BP, Esso etc?"

Edinburgh Live

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.

Daily Mirror

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

The Guardian - UK

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

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