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The Latest Breaking News from British Petroleum

Tesla Layoff Scandal: Workers Unaware Until Badge Scans Deny Them Entry

Tesla lays off 10 per cent of its workforce, some unaware until denied entry by security badge scans at factories.

International Business Times UK

BP's EV Charging Arm Scales Back, Cuts Jobs Amid Challenges

BP's EV charging arm restructures to enhance efficiency and focus on sustainable growth strategies.

Top News

Tesla to cut 14,000 jobs as Elon Musk aims to make carmaker ‘lean and hungry’

Billionaire says ‘there is nothing I hate more’ than cutting staff as more than 10% of workforce to be affected

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Abu Dhabi state oil company reportedly looked at buying BP

Adnoc decided move was not right fit but it is latest sign of foreign buyers circling UK firms

The Guardian - UK

2 Energy Dividend Stocks to Buy as Analysts Raise Oil Price Forecasts

With analysts raising oil price forecasts amid high demand and tightened supply, here are two dividend-paying European energy stocks for investors to consider.

Barchart

Is Shell trying to kill the London stock market?

The biggest company on the market is threatening to leave. That is a different order of seriousness than seeing Flutter and CRH flee

The Guardian - UK

Big Oil vs. Big Tech: Here's the Winning Trade Right Now

Big Oil is beating Big Tech in 2024. The Energy Select Sector SPDR Fund (XLE) was up more than 13% in the first quarter of 2024, while the Nasdaq-100 Index gained just 8.7%. Add to that breakout performance the massive amounts of payouts that the large oil companies are making…

Barchart

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FTSE 100 Live 9 April: Blue-chips close a little lower as aerospace struggles, £150m private equity takeover

The FTSE 100 is trading slightly higher in a session featuring trading updates by BP and Imperial Brands.

Evening Standard

3 Oil Stocks to Watch for Returns in April

The oil industry’s prospects appear bright, owing to increasing oil demand, geopolitical tensions, and supply-cut expectations driving oil prices up. Against this backdrop, quality oil stocks BP p.l.c. (BP), Petróleo Brasileiro S.A. - Petrobras (PBR), and Cheniere Energy Partners, L.P. (CQP) could be watched for returns in April. Read on….

StockNews.com

Just 57 companies linked to 80% of greenhouse gas emissions since 2016

Analysis reveals many big producers increased output of fossil fuels and related emissions in seven years after Paris climate deal

The Guardian - UK

Warren Buffett Is Buying This Dividend Aristocrat, Should You?

While Berkshire Hathaway was a net seller of stocks in Q4, chair Warren Buffett added more shares of energy giant Chevron. With a forward dividend yield of more than 4%, CVX looks like a dividend aristocrat worth buying in 2024.

Barchart

Nicholas Cullinan: energetic leader tasked with British Museum overhaul

After overseeing a transformation of the National Portrait Gallery he will need to draw on that experience in his new role

The Guardian - UK

Travis Barker 'blurs the lines between music, fashion, design and creativity' with an innovative interiors collaboration

The Blink-182 drummer created a home accessories collection, bringing his rocker sensibilities into the world of design

Homes & Gardens

British Museum shuts early after protest by pro-Palestine climate activists

Around 200 protesters took part in the demonstration, said Energy Embargo for Palestine

Evening Standard

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The Guardian - UK

British Museum closes to visitors as Energy Embargo for Palestine group gathers outside

New protest group is critical of London museum’s sponsorship by BP and seeks to make link with Gaza

Top News

BP's Whiting Refinery Resumes Normal Operations After Power Outage

BP's Whiting Refinery in Indiana resumes operations after a power outage, impacting gas prices in the region.

Bored Panda

30 Of The Scariest Science Facts People Don’t Seem To Know

One user asked, "What's the scariest science fact that the public knows nothing about?" And boy, did the commenters deliver. Be prepared to possibly face some existential dread. The post 30 Of The Scariest Science Facts People Don’t Seem To Know first appeared on Bored Panda.

The Guardian - US

Revealed: How the global oil industry is fueling Israel’s war on Gaza

Analysis shows how jets and tanks are being kept fueled despite interim ICJ ruling warning Israel to prevent genocidal acts

The Guardian - UK

Aramco pays nearly $100bn in dividends as profits tumble

Payout by Saudi Arabia’s state-owned oil company likely to anger energy company campaigners

The Guardian - UK

BP claws back £1.8m from sacked boss Looney and hands new CEO £8m pay deal

Salary package for Murray Auchincloss branded ‘sickening’ by anti-fossil fuel campaigners

Evening Standard

BP hands new CEO Murray Auchincloss £8 million after predecessor Looney's shock exit

BP said it was “in our shareholders’ interest” to make him one of the top-paid bosses on the FTSE 100

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