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The Latest Breaking News from British Petroleum

Britain's BP Trims Spending For Profit Growth To Offset Lower Oil Prices

British oil and gas giant BP p.l.c. (NYSE:BP) reported mixed third-quarter 2025 results on Tuesday.

Benzinga

BP signals more cost cuts on way after fall in profits

Oil and gas company says it will review its portfolio and push to sell off assets faster

The Guardian - UK

BP accelerates overhaul with higher asset sale target as profits beat forecasts

The oil giant reported third quarter underlying replacement cost profits of 2.21 billion US dollars (£1.68 billion), down 3% on a year earlier.

Evening Standard

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European markets rise, oil prices jump on OPEC+ decision

Key European stock indexes started the week with gains, boosted by the oil sector and expectations for a range of corporate earnings this week.

Euronews

Man and woman dead as car crashes off road and into petrol station in early hours

The Ford Ka is believed to have swerved across the carriageway before it struck the BP petrol forecourt

Evening Standard

Petrofac files for administration putting 2,000 jobs at risk

Petrofac’s UK business is based in Aberdeen and is involved in the operation of North Sea oil platforms for firms including BP and Shell.

Evening Standard

Thousands of jobs at risk as Petrofac files for administration

Petrofac said it will now enter insolvency after Dutch electricity grid TenneT terminated a major contract

The Independent UK

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FTSE 100 reaches new high as gold and oil surge

Commodity strength and well received trading updates added up to a record day for stocks and shares.

Evening Standard

Ancient ‘salt mountains’ in southern Australia once created refuges for early life

Salt is an essential nutrient for the human body. But hundreds of millions of years before the first humans, salt minerals once shaped entire landscapes. They even determined where early life on Earth could thrive.

The Conversation

Surprise protests and pink champagne: inside the British Museum Ball

It was an eventful night at the museum for the international glitterati

Evening Standard

Shohei Ohtani Crushed Ball Out of Dodger Stadium in Rare Batting Practice Session

Ohtani may be struggling at the plate this postseason but this long batting practice home run off the roof was a welcome sight.

Sports Illustrated

America has a new favorite convenience store as Wawa loses its crown

Top-performing convenience stores are succeeding by focusing on community, quality, and innovation, not just fuel and snacks, an ACSI expert said

The Independent UK

BP Projects Big Impairment Hit While Trading Remains Weak

BP p.l.c. (NYSE:BP) shares are trading lower premarket on Tuesday. The company posted a trading update ahead of its third-quarter 2025 results scheduled for November 4, 2025.

Benzinga

BP says upstream production to rise but flags ‘weak’ oil trading

The company previously said upstream production would come in lower quarter-on-quarter.

The Independent UK

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The Guardian - UK

Move over, Alan Turing: meet the working-class hero of Bletchley Park you didn’t see in the movies

The Oxbridge-educated boffin is feted as the codebreaking genius who helped Britain win the war. But should a little-known Post Office engineer named Tommy Flowers be seen as the real father of computing?

The Guardian - UK

Why should you be Labour’s next deputy leader? Guardian readers quiz the candidates

As party members prepare to choose between Bridget Phillipson and Lucy Powell, the pair give their views on wealth taxes, Brexit, the climate crisis and the far right

Benzinga

BP Scores Major Win Against Venture Global In LNG Dispute

Venture Global, Inc. (NYSE:VG) shares are tumbling premarket on Friday after a wholly-owned subsidiary of BP p.l.c. (NYSE:BP) won an arbitration against the company over its failure to supply liquefied natural gas.

Euronews

Fossil fuel companies claim to invest in renewables. But is it really helping the energy transition?

Fossil fuel companies are involved in very few renewable energy projects, a new report reveals.

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The Conversation

The alleged British links to mass deforestation and displacement in a conflict few have even heard of

UK banks, energy giants and arms exporters are at the heart of one of the world’s least-known human rights and environmental crises, our research has revealed.

Evening Standard

FTSE 100 hits new high despite worries over potential US government shutdown

Without Congress passing a bill to fund federal operations before midnight Tuesday night, the government will partially close up shop.

Evening Standard

FTSE 100 held back by weak oil after bright start

The FTSE 100 index closed up 0.2% at 9,299.84.

Benzinga

BP Just Approved A $5 Billion Oil Project

BP Plc (NYSE: BP) approved a $5 billion oil and gas project in the Gulf of America, reinforcing its commitment to the offshore basin as a driver of future growth. The Tiber-Guadalupe development is expected to begin production in 2030 and have a capacity of 80,000 barrels of crude oil…

The National (Scotland)

Meet the industry bosses running UK Government departments

THE former CEO of BAE Systems, the British Airways executive who oversees its lobbying team, the chairman of the Petrochemical giant Ineos and…

The Guardian - UK

BP predicts higher oil and gas demand, suggesting world will not hit 2050 net zero target

Conflict in Ukraine and Middle East as well as trade tariffs are making states focus on energy security

Fortune

Venture Global, America's fastest-growing gas exporter, is facing its 'slander’ era and it isn't afraid of making enemies along the way

"The commercial strategy of a lot of competitors in the market is to say mean things about us, hoping that slows us down, which it hasn't," says CEO Mike Sabel.

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