Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBP Share News (BP.)

Share Price Information for BP (BP.)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 511.10
Bid: 511.00
Ask: 511.10
Change: 1.70 (0.33%)
Spread: 0.10 (0.02%)
Open: 508.50
High: 512.60
Low: 503.60
Prev. Close: 509.40
BP. Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 6-Pumps run dry at gas stations in Britain

Mon, 27th Sep 2021 07:28

* Petrol stations run dry in major British cities

* Trucker shortage strains British economy

* Germany's Scholz: we told UK not to Brexit

* Health workers should get priority, medics union says
(Recasts headline and lead)

By Guy Faulconbridge and Alistair Smout

LONDON, Sept 27 (Reuters) - Gas station pumps ran dry in
major British cities on Monday and vendors rationed sales as a
shortage of truckers strained supply chains to breaking point in
the world's fifth-largest economy.

A dire post-Brexit shortage of lorry drivers revealed as the
COVID-19 pandemic eases has sown chaos through British supply
chains in everything from food to fuel, raising the spectre of
disruptions and price rises in the run up to Christmas.

Drivers queued for hours to fill their cars at gas stations
that were still serving fuel, albeit often rationed, and there
were calls for National Health Service (NHS) workers to be given
priority, to keep hospitals open as the pandemic continues.

"As pumps run dry there is a real risk that NHS staff won't
be able to do their jobs, and provide vital services and care to
people who urgently need it," said Dr Chaand Nagpaul, the
British Medical Association's council chair.

Pumps across British cities were either closed or had signs
saying fuel was unavailable on Monday, Reuters reporters said,
with some limiting the amount of fuel each customer could buy.

The Petrol Retailers Association (PRA), which represents
independent fuel retailers which now account for 65% of all UK
forecourts, said members had reported that 50% to 90% of pumps
were dry in some areas.

"We need some calm," Gordon Balmer, executive director of
the PRA, who worked for BP for 30 years, told Reuters.
"Please don't panic buy: if people drain the network then it
becomes a self-fulfilling prophecy."

Royal Dutch Shell said it had seen higher than
usual demand for fuel across its British network and that some
sites were running low on some grades of fuel.

Environment Secretary George Eustice said there was no
shortage of fuel, urged people to stop panic buying and said
there were no plans to get the army to drive trucks, though the
Ministry of Defence would help with trucker testing.

Hauliers, gas stations and retailers warned that there were
no quick fixes, however, as the shortfall of truck drivers -
estimated to be around 100,000 - was so acute, and because
transporting fuel demands additional training and licensing.

BREXIT CRUNCH?

For months, supermarkets, processors and farmers have warned
that a shortage of heavy goods vehicle (HGV) drivers was
straining supply chains to breaking point - making it harder to
get goods onto shelves.

Amid warnings of a dire winter ahead, some politicians in
the European Union linked the supply chain stress to the 2016
Brexit referendum and Britain's subsequent decision to seek a
distant relationship with the bloc.

"The free movement of labour is part of the European Union,
and we tried very hard to convince the British not to leave the
Union," said Olaf Scholz, the Social Democrat candidate to
succeed Angela Merkel as German chancellor.

"They decided differently. I hope they will manage the
problems coming from that," Scholz said.

British ministers have insisted that Brexit is nothing to do
with the current trucker shortage, though around 25,000 truckers
returned to Europe before Brexit. Britain was also unable to
test 40,000 drivers during COVID-19 lockdowns.

The government on Sunday announced a plan to issue temporary
visas for 5,000 foreign truck drivers.

Edwin Atema, the head of research and enforcement at the
Netherlands-based FNV union, told the BBC that EU drivers were
unlikely to flock to Britain given the conditions on offer.

"The EU workers we speak to will not go to the UK for a
short-term visa to help UK out of the shit they created
themselves," Atema said.
(Reporting by Guy Faulconbridge and Alistair Smout; Editing by
Catherine Evans)

More News
1 May 2024 18:30

Sector movers: Oil, Autos drag on FTSE 350

(Sharecast News) - Weakness in the oil patch and among select cyclicals dragged on the FTSE 350 in the middle of the week.

Read more
30 Apr 2024 14:38

UK earnings, trading statements calendar - next 7 days

Wednesday 1 May 
Anexo Group PLCFull Year Results
Cambridge Cognition Holdings PLCFull Year Results
Computacenter PLCTrading Statement
Georgia Capital PLCQ1 Results
GSK PLCQ1 Results
Haleon PLCTrading Statement
HSS Hire Group PLCFull Year Results
Intelligent Ultrasound Group PLCFull Year Results
Maintel Holdings PLCFull Year Results
Next PLCTrading Statement
Smith & Nephew PLCTrading Statement
Thursday 2 May 
Endeavour Mining PLCQ1 Results
First Tin PLCTrading Statement
Hiscox LtdTrading Statement
International Personal Finance PLCTrading Statement
Kerry Group PLCTrading Statement
Lancashire Holdings LtdTrading Statement
Melrose Industries PLCTrading Statement
NAHL Group PLCFull Year Results
Reach PLCTrading Statement
Shell PLCQ1 Results
Smiths News PLCHalf Year Results
Smurfit Kappa Group PLCTrading Statement
Spectris PLCTrading Statement
Standard Chartered PLCQ1 Results
TI Fluid Systems PLCQ1 Results
Friday 3 May 
InterContinental Hotels Group PLCTrading Statement
Mondi PLCTrading Statement
Trainline PLCFull Year Results
Monday 6 May 
no events scheduled 
Tuesday 7 May 
Arecor Therapeutics PLCFull Year Results
BP PLCQ1 Results
Ebiquity PLCFull Year Results
IWG PLCTrading Statement
Kosmos Energy LtdQ1 Results
MaxCyte IncQ1 Results
Trident Royalties PLCTrading Statement
Vaalco Energy IncQ1 Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
29 Apr 2024 14:21

Norway's wealth fund falls short on climate ambitions, NGO says

OSLO, April 29 (Reuters) - Norway's $1.6 trillion sovereign wealth fund, the world's largest, is falling short on its climate ambitions by failing to back multiple shareholder proposals pushing oil companies to cut their greenhouse gas emissions, a non-governmental organization said in a report said on Monday.

Read more
24 Apr 2024 19:30

Trans Mountain oil shippers raise concerns about risk of delay to full service

April 23 (Reuters) - Some shippers on Canada's Trans Mountain expansion project are raising concerns that the long-delayed oil pipeline will not be fully in service by its projected start date of May 1, according to a letter to the Canada Energy Regulator on Tuesday.

Read more
24 Apr 2024 13:24

Pressure on gas and LNG prices to help switch from coal, says J.P. Morgan

LONDON, April 24 (Reuters) - Global natural gas prices will come under pressure through the end of the decade as supply and shipping infrastructure grow rapidly, particularly in Qatar and the U.S., J.P. Morgan said in a report.

Read more
24 Apr 2024 09:58

Aker BP Q1 beats forecast as costs fall, Tyrving to start sooner

OSLO, April 24 (Reuters) - Norwegian independent oil company Aker BP on Wednesday posted higher-than-expected net profit for the first quarter as costs fell, and said its Tyrving field development could start production sooner than previously planned.

Read more
24 Apr 2024 05:38

Aker BP Q1 beats forecast on record output, lower cost

OSLO, April 24 (Reuters) - Norwegian independent oil company Aker BP on Wednesday posted a higher-than-expected net profit for the first quarter as production hit a record while costs fell.

Read more
18 Apr 2024 14:45

BP's gas and renewables boss steps down, as CEO shrinks leadership

LONDON, April 18 (Reuters) - BP said on Thursday its head of natural gas and low carbon energy Anja-Isabel Dotzenrath will step down after just over two years, while CEO Murray Auchincloss announced plans to simplify its management structure.

Read more
18 Apr 2024 14:12

UK shareholder meetings calendar - next 7 days

Friday 19 April 
Murray International Trust PLCAGM
Quantum Exponential Group PLCGM re delisting or potential investment in company
Monday 22 April 
Renalytix PLCGM
Travis Perkins PLCAGM
Tuesday 23 April 
AIQ LtdAGM
NatWest Group PLCAGM
Taylor Wimpey PLCAGM
Wednesday 24 April 
abrdn PLCAGM
abrdn Equity Income Trust PLCAGM
AssetCo PLCAGM
Breedon Group PLCAGM
British American Tobacco PLCAGM
Bunzl PLCAGM
Coro Energy PLCAGM
Croda International PLCAGM
Entain PLCAGM
Greencoat UK Wind PLCAGM
Primary Health Properties PLCAGM
Serco Group PLCAGM
Synectics PLCAGM
Thursday 25 April 
AFC Energy PLCAGM
Admiral Group PLCAGM
Beazley PLCAGM
BP PLCAGM
CLS Holdings PLCAGM
CRH PLCAGM
Dalata Hotel Group PLCAGM
Develop North PLCAGM
Drax Group PLCAGM
Everest Global PLCAGM
Greencoat Renewables PLCAGM
Hammerson PLCAGM
Helios Towers PLCAGM
Hikma Pharmaceuticals PLCAGM
International Biotechnology Trust PLCAGM
London Stock Exchange Group PLCAGM
Manx Financial Group PLCAGM
Mattioli Woods PLCGM re Pollen Street Capital Ltd takeover
Persimmon PLCAGM
Premier Miton Global Renewables Trust PLCAGM
Relx PLCAGM
Schroders PLCAGM
Smithson Investment Trust PLCAGM
Tissue Regenix Group PLCAGM
Weir Group PLCAGM
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
18 Apr 2024 12:02

LONDON MARKET MIDDAY: FTSE 100 up despite hawkish Fed rates outlook

(Alliance News) - Stock prices in London were higher on Thursday afternoon, despite the prospect of higher for longer US interest rates hanging over stocks.

Read more
18 Apr 2024 09:04

IN BRIEF: BP trims executive team in operational restructuring

BP PLC - London-based oil and gas major - Announces organisational restructuring. Intends to keep its three businesses - production & operations, gas & low carbon energy and customers & products - enabled by trading & shipping. Plans to integrate the current regions, corporates & solutions organisation into the businesses and functions. BP will now be supported by five functions: finance; technology; strategy, sustainability & ventures; people & culture; and legal. BP explains these changes will "reduce duplication and reporting line complexity".

Read more
18 Apr 2024 08:11

BP cuts size of executive team, shakes up structure

(Sharecast News) - BP has trimmed its executive team as part of a shake-up of its organisational structure, it was confirmed on Thursday.

Read more
17 Apr 2024 18:58

Shell urges investors to reject shareholder group's climate demands

LONDON, April 17 (Reuters) - Shell on Wednesday urged shareholders to vote against an independent resolution, co-filed by a group of 27 investors, that called on the energy company to set tighter climate targets.

Read more
17 Apr 2024 17:36

Sustainable Finance Newsletter - Republican AGs look to limit climate groups

April 17 (Reuters) - In prior newsletters I have reported on the ongoing review by U.S. energy regulators of top asset managers' big utility holdings.

Read more
17 Apr 2024 13:55

Shell urges investors to reject shareholder group's climate demands

LONDON, April 17 (Reuters) - Shell on Wednesday urged shareholders to vote against an independent resolution, co-filed by a group of 27 investors, urging the energy company to set tighter climate targets.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.