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The Latest Breaking News from British Petroleum

Here's Why BP And Exxon Mobil Shares Are Rising

Shares of several companies in the energy sector, including BP plc (NYSE: BP) and Exxon Mobil Corp (NYSE: XOM), are trading higher amid a rise in oil prices as EU nations consider joining the US in a Russian oil emba

Benzinga

BP more than doubles boss’ annual pay amid soaring gas prices

BP says its financial performance this year is ‘outstanding’

The Independent UK

BP boss Bernard Looney sees pay nearly double to £4.5 million

The bumper pay out comes amid soaring oil and gas prices but BP insists the increased reward is not linked

Evening Standard

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BP boss Bernard Looney’s pay almost doubles to £4.5m in 2021

Remuneration package includes £142,000 wage increase and £2.4m in bonuses for financial performance

The Guardian - UK

Looking At BP's Recent Whale Trades

Someone with a lot of money to spend has taken a bullish stance on BP (NYSE:BP). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Cheapest Nottingham petrol stations as average cost of filling family car exceeds £90

Prices take the cost of filling a typical 55-litre family car with petrol above £90 for the first time.

Nottingham Post

We went to petrol stations in every borough of Greater Manchester - these are the cheapest areas and the most expensive

The M.E.N's Lyell Tweed ranks looks at how petrol prices vary across Greater Manchester

Manchester Evening News

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Scotland's most expensive petrol stations named as prices 'unbelievably high'

Petrol prices have broken records after Russia's invasion of Ukraine.

Daily Record

Big Oil's actions louder than words

A new study illustrates fossil fuel companies' greenwashing agenda

Salon

The wrong time for a windfall tax on big oil

City Comment: Let Shell and BP secure our energy supplies

Evening Standard

The growing list of companies boycotting Russia

BP, Apple, McDonald’s, Netflix and Ford are among the growing number of companies to either cut back, suspend or shutdown operations and trade with Russia in response to its invasion of Ukraine

Evening Standard

‘We Could Lose It All’: BP’s Bet on Russia Was Always a Gamble

The company will eat a $25 billion loss with its forced exit from the country—but higher oil prices will ease the pain.

Businessweek

How much oil do Pacific Northwest refineries get from Russia?

Washington's five Puget Sound refineries in 2021 imported $700 million of Russian crude oil, equal to just under 5% of their annual processing capacity, according to an analysis of federal import information by the Seattle-based Sightline Institute.

Tribune News Service

BP And Shell Shares Step On The Gas: What's Fueling The Move?

BP PLC (NYSE: BP) and Shell PLC (NYSE: SHEL), are trading higher Tuesday amid continued strength in oil prices in the wake of Russia's invasion of Ukraine.

Benzinga

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Edinburgh Live

East Lothian biker thanks good samaritans after crash with deer at BP garage

Colin was heading out on Saturday for a game of golf but got a massive shock when his motorbike and a deer collided on the road throwing him off the bike.

Wales Online

Dozens of firms have cut ties with Russia in the past week

The companies have cut ties with Russia in an act of solidarity against Vladimir Putin's invasion of Ukraine

Manchester Evening News

Co-op, Morrisons, H&M, M&S and more cut ties with Russia amid Ukraine invasion

Shell, BP and British Gas have all taken steps to condemn and sever ties with Russia's economy

Daily Record

Full list of UK sanctions placed on Russia as businesses begin to boycott the country

As well as UK Government sanctions, a number of large firms have also stepped in and cut ties with Russia.

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The Conversation

Shell, BP and ExxonMobil have done business in Russia for decades – here's why they're leaving now

In response to Russia’s invasion of Ukraine, British energy giant BP announced on Feb. 27, 2022, that it will sell its nearly 20% ownership in Russian state-owned energy giant Rosneft. BP’s rival Shell is also pulling out of all of its operations in Russia, as are U.S. energy giant ExxonMobil…

Asharq Al-Awsat

Russia's War Spurs Corporate Exodus, Exposes Business Risks

Auto shipments stopped, beer stopped flowing, cargo ships dropped port calls and oil companies cut their pipelines. Russia’s invasion of Ukraine has thrown business plans into disarray and forced a growing number of the world’s best known brands — from Apple to Ford and BP — to pull out of…

The Guardian - AU

Sydney spared worst of rain but Newcastle still under threat – as it happened

This blog is now closed

Daily Mirror

John Lewis, Sainsbury's, H&M and 25 more firms that have cut ties with Russiain past week

British Gas, Morrisons and PayPal are just some of the huge companies suspended ties with Russia in an act of solidarity against Vladimir Putin's war on Ukraine

The Guardian - UK

Oil price jumps to nearly $114; natural gas prices reach record highs – as it happened

US and European shares push higher, while rouble drops 8% and Moscow stock exchange stays shut for third day, as Russia bombards Ukrainian cities

Mic

Oil companies are fine with destroying the planet, just not like this

Despite initially lobbying for lighter sanctions and loosened regulations, Big Oil firms including BP and Shell are now pulling out of Russia.

The Independent UK

British Gas owner Centrica to exit Russia gas supply contracts

It comes after a number of UK energy companies, including BP and Shell, moved to sever their ties to Russia because of the conflict.

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