The Latest Breaking News from British Petroleum

There are increasing calls for a one-off tax on massive firms such as BP and Shell to tackle the cost of living crisis

ADNOC has acquired 25% of H2Teesside project which bp says will progress it to the next stage of design, while Masdar has signalled it will acquire a stake in HyGreen Teesside

The Tory government reluctantly introduced a windfall tax on ballooning oil and gas profits, but critics say it should be tightened to produce more help for struggling families

The Abu Dhabi National Oil Company (ADNOC), oil major BP and Abu Dhabi future energy company Masdar have joined forces to develop clean hydrogen and technology hubs. Announcing their new-energy partnerships, ADNOC said the H2Teesside low-carbon hydrogen project with BP had moved into the design phase. Other partnerships include a…