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The Latest Breaking News from British Petroleum

FTSE 100 Live: BP profits surge to £23 billion, house prices stable

BP today racked up an annual profit of $27.6 billion (£23 billion), more than double the previous year’s haul after a surge in oil and gas prices.

Evening Standard

BP scales back climate goals as profits more than double to £23bn

Energy company faces calls for toughened windfall tax as it reaps rewards from high gas prices

The Guardian - UK

BP profits double to record £23bn after spike in oil and gas prices

Friends of the Earth says BP’s profits ‘will be yet more salt in the wound for millions of people who’ve struggled to afford to stay warm and well this winter’

The Independent UK

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BP profits double thanks to energy price surge

Chief executive Bernard Looney said the company had its lowest production costs in 16 years

Wales Online

BP profits DOUBLE to record £23billion as millions suffer with sky-high energy bills

BP has reported an annual profit of £23billion which is the highest in its history with a whopping £23billion having been made in the last three months of 2022 alone

Daily Mirror

As the role of the chief sustainability officer explodes, 4 types of leaders are emerging

The role of the chief sustainability officer is still developing.

Fortune

How much UK tax does Shell pay after reporting record profits?

Oil giant’s bumper year revives calls for tougher windfall levy on energy companies

The Independent UK

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£32bn Shell profits fuel new windfall tax storm

The vast scale of the profit at the multinational is set to trigger calls for an even bigger increase in windfall tax

Evening Standard

New Capricorn Energy board to undertake strategic review

Six new board members join the company at the chief executive is ousted

Insider UK

Shell profits soar to £32billion as millions struggling to pay their energy bills

The latest figures follow MPs hearing that around 12 million households are now spending more than 10% of their income on energy bills - the previous definition of fuel poverty

Daily Mirror

Global carbon emissions forecast cut due to Ukraine war and Biden, says BP

Oil and gas group says countries are pursuing energy security by backing domestic, renewable supplies

The Guardian - UK

Shell and BP face tough job of keeping customers and investors happy as profits roll in

The oil giants will also have to contend with intensifying calls to put more money into clean energy

The Guardian - UK

Oil giants making 'obscene' £5,000 profit a second while millions struggle to heat homes

Five of the world's biggest oil companies are expected to reveal profits equating to £5,000 a second between them while millions continue to struggle with rising energy bills

Daily Mirror

Royal Opera House cuts ties with long-term sponsor BP after 33 years

The oil and gas company has sponsored the opera house for more than three decades.

Evening Standard

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The Independent UK

Royal Opera House ends sponsorship relationship with BP after 33 years

Major move comes after numerous arts insitutions, from The Royal Shakespeare Company to the National Portrait Gallery, have cut their ties with the oil company

The Guardian - UK

BP sponsorship of Royal Opera House ends after 33 years

Move leaves British Museum and Science Museum isolated as arts institutions with fossil fuel sponsors

Pedestrian.tv

I Am In Awe Of Henry The Giant Seal Who Dramatically Trashed A Servo In A Small Vic Seaside Town

Australian of the Year 2023.

ABC News

Gold Coast's UFO service station, Fantasyland at Yatala firm in thousands of Queenslanders' memories

Predating the region's enormous theme parks, a flying saucer perched behind a small BP service station in scrubby bushland on the Gold Coast holds a special place in the memories of thousands of Queenslanders.

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Bangkok Post

The poor get poorer

Re: "Rivals lay claim to welfare," (BP, Jan 19).

Daily Mirror

Cheapest places to get petrol and diesel - as prices fall to lowest since February

The AA said it was seeing a "pump price superstore turf war" in areas where there were multiple different supermarkets in close proximity

Manchester Evening News

Where to find the cheapest fuel prices in Greater Manchester

Find out which borough has the cheapest petrol and diesel in our region

The Guardian - UK

Colin Campbell obituary

Other lives: Exploration geologist for companies including BP and Amoco concerned with the energy constraints posed by ‘peak oil’

Wales Online

Giant new wind farm off Welsh coast gets signed lease

The Crown Estate has signed agreements for lease for six off-shore wind projects

Birmingham Post

Crown Estate signs deal for wind farm off Anglesey coast

The area off the north Welsh coast is one of six locations granted Agreements for Lease by the Crown Estate

Evening Standard

Who is Sir Jim Ratcliffe? UK’s richest man and potential Man Utd owner

The owner of chemicals company Ineos was the first potential bidder to go public with his interest in buying the Premier League club

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