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The Latest Breaking News from British Petroleum

Senegal gas deal drives locals to desperation, prostitution

When the gas rig arrived off the coast of Saint-Louis, residents of the seaside Senegalese town found reason to hope

The Independent UK

Exxon CEO’s pay rose 52% to nearly £30m amid Ukraine war, figures show

Darren Woods’ pay is ‘reflective of record company earnings and stock price performance’, says oil firm

The Guardian - UK

Corporate social responsibility: Why family businesses get more bang for their buck than non-family firms

When it comes to turning corporate social responsibility (CSR) into profit, research shows family businesses have the advantage. CSR is a form of self-regulation where businesses make concerted efforts to be socially and ethically accountable to themselves, their stakeholders and the public.

The Conversation

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Environmental groups accuse EPA of failing to update water pollution standards for oil refineries and other industries

CHICAGO — Frustrated that U.S. oil refineries are still allowed to dump massive amounts of toxic chemicals and heavy metals into lakes and rivers, environmental groups are urging a federal court to order more stringent regulation of some of the nation’s biggest polluters.

Chicago Tribune

BP buys into £7b Viking CCS South Humber Bank carbon capture and storage project

Oil major invests big in energy transition in the Humber as it partners with operator

Birmingham Post

Elegant 5-course tasting menu is served in a Minnesota gas station

An immigrant chef's path to independent restaurant ownership makes a pit stop at a BP convenience store.

Tribune News Service

Service station takeover: OTR expansion set to wipe out Coles Express

Viva Energy's acquisition of the OTR service station chain gives consumers the first glimpse of what's to become of Coles Express.

The New Daily

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SG Flips Position on Whether Removed Climate Change Cases Are "Inherently Federal In Nature"

"After the change in Administration and in light of those intervening developments, the United States has reexamined its position and has concluded that state-law claims like those pleaded here should not be recharacterized as claims arising under federal common law."

Reason

Oil drilling in Gulf safer, but concerns linger, report says

A new National Academy of Science study says that 13 years after a massive BP oil spill fouled the Gulf of Mexico, regulators and industry have reduced some risks in deep water exploration in the gulf but some troublesome safety issues persist

The Independent UK

Costcutter shop gets alcohol licence back despite youth disorder concerns

A shop representative complained that the nearby BP garage had been given an alcohol licence and they had not.

Daily Record

Oil prices surge after Opec+ production cuts

Shell and BP saw their share prices rise following a jump in the price of oil.

The Independent UK

As GameStop Gears up for Another Short Squeeze, Focus on These Specialty Retailers Instead

With a positive earnings surprise in Q4, GameStop (GME) might be on its way to going bonkers as it did in 2021. However, given its unstable performance and uncertain prospects, fundamentally sound retail stocks ODP Corporation (ODP), TravelCenters of America (TA), and Build-A-Bear Workshop (BBW) appear to be more worthy…

StockNews.com

Rolls-Royce appoints first female finance chief in boardroom shake-up

Helen McCabe joins from BP where she worked alongside Rolls-Royce CEO Tufan Erginbilgic

The Guardian - UK

Shoplifting in UK on the rise as food prices soar

Grocery price inflation hit record highs in March

The Independent UK

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Reuters

Russia's Rosneft files suit against Reuters over BP article

Russian oil giant Rosneft has filed a suit against Reuters in a Moscow court, alleging parts of a Reuters article about BP's decision to exit its stake in Rosneft were defamatory.

Chicago Sun-Times

Season’s greetings: Making sense of Kyle Wright and Cubs and Sox win totals

Bet on it: Smart baseball bettors can find value in MLB futures bets

Daily Record

Scots roofer who dealt drugs for crime gang caught red-handed with cocaine worth almost £100k

Gareth Speirs was caught and faces jail time following the discovery of the Class A drugs.

The Guardian - UK

North Sea oil and gas workers vote to strike amid bumper profits

Series of actions planned this spring as union members call for more pay since firms are ‘raking it’

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Insider UK

Scotland’s first Energy Incubator and Scale Up Hub wins support from BP and Scottish Enterprise

ETZ says £6.5m complex will support supply chain and deliver a ‘cutting-edge innovation ecosystem’

The Guardian - UK

Saving Time by Jenny Odell review – clocking off

The artist and writer offers a powerful critique of the way we conceive of time in the modern, industrial world, and explores alternatives

ABC News

BHP launches renewable diesel trial, raising concerns over biofuel in net zero transition

Mining giant BHP has launched a "renewable diesel" trial to reduce carbon emissions at a Pilbara iron ore mine, but an environmental engineer says the company may be better off with the real thing.

Daily Mirror

Oil giant BP slammed for handing fatcat boss £10million pay and perks bonanza

BP CEO Bernard Looney's £10million pay and perks bonanza is a 'kick the teeth' for struggling Brits, a campaigner has said - the oil giant is among those to have benefitted from a surge in wholesale energy prices in the wake of Russia ’s invasion of Ukraine

Evening Standard

BP North Sea installations to be hit by strikes until June, union says

Offshore workers are to hold a series of strikes that will hit BP North Sea installations starting this month and running until June, the Unite union announced on Friday.

Wales Online

BP boss earns 172 times more than average employee as his pay doubles

Bernard Looney’s total pay packet increased from around £4.5m to about £10m

The Independent UK

BP CEO pay doubles to $12M as high energy costs surge profit

Total pay for BP’s CEO more than doubled to $12 million last year

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