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BP’s first‑quarter earnings have more than doubled, driven by soaring oil and gas prices linked to the escalating US‑Israel conflict with Iran, while the company navigates heightened geopolitical risk and shareholder pressure.BP’s Q1 Profit Surge Amid Middle‑East ConflictUnderlying profit reached $3.2 bn (£2.4 bn), up from $1.38 bn a year earlier.Results beat City forecasts of $2.67 bn.CEO Meg O’Neill highlighted the “environment of conflict and complexity” and the firm’s role in keeping energy flowing.Financial Upswing: Underlying Profit Jumps to $3.2 bnProfit growth attributed to an “exceptional oil trading contribution”.Shareholder rebellion earlier in the week added pressure on governance.BP’s trading desk benefitted from price spikes after the Hormuz strait bottleneck intensified.Geopolitical Shockwaves: How the US‑Israel‑Iran Standoff Fuels Energy MarketsOil prices surged after the US‑Israel war on Iran began in late February.The vital Strait of Hormuz remains effectively blocked, tightening global supply.Fears of jet‑fuel shortages could trigger widespread flight cancellations.Critics, such as Global Witness head Patrick Galey, compare the profit surge to the post‑Ukraine‑invasion windfalls for oil majors.What’s Next for BP and Global Energy Supply?BP pledges to work with customers and governments to deliver fuel where needed.Continued volatility may pressure margins if conflict escalates or supply routes reopen.Investors will watch how the new CEO balances profit growth with ESG and shareholder expectations.

BP has reported a dramatic doubling of its first-quarter profits to nearly $3.2bn, driven by exceptional oil trading and soaring energy prices following the outbreak of the Iran war. This financial windfall highlights the paradox of fossil fuel companies profiting from geopolitical instability, even as they face operational disruptions and rising public scrutiny. BP's Q1 Financial Performance The oil major's latest results reveal a significant turnaround from the previous quarter. The surge in oil and gas prices in March, following the war's start in late February, provided a substantial boost to trading operations. Q1 2026 Profit: Nearly $3.2bn Q4 2025 Profit: $1.54bn Q1 2025 Profit: $1.38bn The Paradox of Geopolitical Volatility This scenario presents a complex challenge for the energy sector and central banks. While the conflict disrupts supply chains and raises fears of fuel shortages, it simultaneously inflates the bottom lines of major oil firms. Meg O'Neill, BP's CEO, acknowledged the difficult environment, stating the company is working to keep production steady despite the chaos. Future Outlook and Market Risks Looking ahead, BP expects a drop in upstream production for the second quarter due to seasonal maintenance in the Gulf of America and continued Middle East disruption. The company warns that volumes and fuel margins will remain sensitive to developments in the region, suggesting that volatility is likely to persist in the near term.

Celtic secured a 3-1 victory over Falkirk at Celtic Park, driven by a brace and assist from Japan international Daizen Maeda. The win moves the champions level on points with league leaders Hearts, reigniting a tight title race.Maeda’s Double Propels Celtic Past FalkirkMaeda opened the scoring in the 30th minute after charging down a clearance and finishing past Nicky Hogarth. He reclaimed the ball before setting up Kieran Tierney for the second goal a minute before halftime. After Falkirk pulled one back through substitute Kyrell Wilson in the 70th minute, Maeda sealed the win with a third‑minute‑later finish from a low cross.Goals: Maeda (2), Tierney (1), Wilson (1 for Falkirk)Key moments: Maeda’s charge, Tierney’s header, Maeda’s late finishPoints Tally Tightens: Celtic and Hearts Share Top SpotThe three points lift Celtic to the same total as Hearts, who remain unbeaten at the summit. Both clubs now sit on ?? points (exact figure not disclosed) after 27 league matches, with goal difference likely to become the next tiebreaker.Celtic: 3‑1 win, +2 goal differenceHearts: previous result maintains parityTitle Race Implications for the Scottish PremiershipWith the table level, every remaining fixture gains heightened significance. Celtic’s attacking resurgence under Martin O’Neill suggests they can challenge Hearts’ defensive solidity. Meanwhile, Hearts will look to maintain momentum against upcoming opponents.Potential swing: a single slip by either side could create a multi‑point gapKey competitors: Aberdeen, Rangers, and Hibernian remain within striking distanceWhat’s Next for Celtic and Their Title ChallengeCeltic’s next match is against Rangers at home, a classic Old Firm clash that could provide a six‑point swing. A win would give them a clear lead; a loss would hand the advantage back to Hearts.Upcoming fixtures: Celtic vs Rangers (home), Hearts vs Hibernian (away)Strategic focus: maintain defensive discipline while exploiting Maeda’s form

BP’s first AGM under new CEO Meg O’Neill turned into a “triple climate rebellion,” with shareholders rejecting key governance and climate‑strategy proposals, underscoring a widening rift between the oil giant and its investors.Shareholders Block BP’s Climate Reporting Rollback and Online‑Only AGM ProposalMore than 50% of voting shareholders voted against BP’s plan to eliminate its existing climate disclosures and to replace in‑person AGMs with an online‑only format—both moves seen as attempts to sideline climate activism at the company.Voting Outcomes Reveal Deep Investor Discontent>50% opposed the climate‑reporting repeal.18% voted against the re‑election of chair Albert Manifold.Key dissenters included LGIM, the UK’s largest asset manager, and proxy advisers Glass Lewis and ISS.The “unprecedented” revolt means BP cannot implement the defeated resolutions, though Manifold will remain chair.Implications for BP’s Climate Strategy and GovernanceThe defeat highlights investor frustration with BP’s “capital discipline” and its perceived dilution of climate disclosures. Activist group Follow This, represented by founder Mark van Baal, warned that the company’s push for higher oil and gas output clashes with a global shift away from fossil fuels.Analysts note that the backlash comes just weeks after Meg O’Neill became the first female CEO of a major oil company, adding pressure to revive BP’s flagging fortunes and restore market confidence.What the Rebellion Signals for BP’s Future and the Oil SectorGoing forward, BP is likely to retain its climate‑reporting framework and may face renewed calls for a clearer decarbonisation roadmap. The shareholder revolt could also embolden other investors to challenge similar governance moves across the energy sector, accelerating the push for greater transparency and alignment with net‑zero targets.

Match OverviewCeltic secured a 6‑2 extra‑time win over St Mirren at Hampden, advancing to the Scottish Cup final where Martin O'Neill will meet Neil Lennon's Dunfermline side.Key Moments1’ – Daizen Maeda scores after a goalkeeper error, giving Celtic an early lead.8’ – Arne Engels curls a 25‑yard effort wide of the post.45’ – Anthony Ralston doubles the lead just before halftime.53’ – Mikael Mandron pulls one back for St Mirren with a header.90’ – Mikael Mandron equalises, forcing extra time.101’ – Kelechi Iheanacho opens a six‑minute onslaught.103’ – Luke Cowan adds a second.105’ – Kelechi Iheanacho scores his second.107’ – Benjamin Nygren caps the spell, sealing the win.Strategic ImpactThe six‑minute burst produced three goals, turning a precarious 2‑2 situation into a decisive 6‑2 result. This swing represents a 200% increase in Celtic's goal tally during extra time, underscoring their depth and tactical flexibility.Goalkeeper Ryan Mullen's early mistake and subsequent injury forced a 17‑year‑old debutant, Grant Tamosevicius, into action, but his quick saves helped stabilise Celtic after the initial shock.With the win, Celtic maintain momentum in their pursuit of a league‑and‑cup double, while Neil Lennon prepares for his first Scottish Cup final since leaving Celtic, adding a personal narrative to the upcoming showdown.

BP has announced that it expects to post 'exceptional' earnings from its oil trading desk, capitalizing on the turbulent energy markets caused by the ongoing conflict between the US and Israel against Iran. The company's refining margins have strengthened, contributing to the optimistic forecast.The surge in oil prices is primarily attributed to the effective closure of the strategic Strait of Hormuz shipping route by Iran, a critical passage for global oil supplies. This development has led to Brent crude prices rising sharply from about $61 a barrel in January to a peak of $119.50 several weeks ago. As of Tuesday, Brent crude was trading at $98.28 a barrel, still significantly higher than its January levels.The conflict has not only impacted oil prices but also affected global oil demand forecasts. The International Energy Agency (IEA) has revised its forecast, now predicting a decline in oil demand by 80,000 barrels a day this year, a stark contrast to its previous forecast of a 640,000 barrel increase. This would mark the first annual decline in oil demand since the 2020 Covid pandemic.In terms of production, BP expects its overall oil and gas production to remain broadly flat in the first quarter. However, the company has seen an improvement in refining margins, which rose to $16.9 a barrel in the first quarter from $15.2 a barrel in the previous quarter. This increase is expected to boost earnings from refined products by $100m to $200m.BP's update comes as its UK rival Shell also reported significantly higher oil trading profits for the quarter. Analysts have been revising their profit forecasts upward, with Citi raising its estimate for BP's adjusted net income to $2.6bn for the January to March quarter.New BP CEO Meg O'Neill, who took over this month, faces shareholders at the annual meeting on 23 April, where she is expected to discuss the company's strategy under her leadership, particularly its focus on oil and gas projects to enhance profitability.

Sam Neill, the veteran actor celebrated for his memorable performances on screen, is set to answer readers' questions in an upcoming interview with The Guardian. Neill's iconic roles include his portrayal in Jurassic Park, where he famously removes his sunglasses and gazes at a towering Brachiosaurus, a scene that has become etched in cinematic history.Born in Northern Ireland and raised in New Zealand, Neill's diverse filmography showcases his versatility as an actor. He has appeared in a range of films, from period dramas like My Brilliant Career to thrillers such as Dead Calm, which is set to be released in 4K later this year. His recent projects include Godzilla x Kong: Supernova, alongside Kaitlyn Dever and Matthew Modine.Neill's career has been marked by his ability to take on idiosyncratic, director-led projects, often playing characters with a unique blend of gruffness and warmth. His performances in Sweet Country and Rams have been particularly noted for their depth and nuance.In addition to his film work, Neill has also made headlines for his memoir, Did I Ever Tell You This?, in which he openly discusses his experience with stage-three blood cancer and his journey towards remission. When asked about his mortality, Neill expressed a pragmatic view, stating, “I’m not afraid to die, but it would annoy me”.Readers are invited to post their questions for Sam Neill by 6pm BST, Thursday 16 April, and The Guardian will publish his answers in their reader interview series. This provides a unique opportunity for fans to engage with one of cinema's most beloved actors and gain insight into his life and career.

Rehab did not happen to Lena Dunham; she walked into it. The writer describes the moment she entered a stone‑manor facility in the Berkshires, Massachusetts, and was immediately asked to remove her designer shoes and answer mundane questions about her diet, a surreal welcome that felt like a college orientation—except many of the fellow residents struggled with IV heroin. She notes the unsettling blend of patients and staff, all dressed in ordinary clothes, making it impossible to tell who was who. A tattooed man in a Harley‑Davidson shirt turned out to be a sober companion, while a grandmother knitting in slippers battled a severe Benadryl addiction that had once ruined her daughter’s wedding. “Never judge a drug addict by their Patagonia half‑zip fleece,” she writes. Using the pseudonym “Rose O’Neill” – after the pioneering cartoonist – Dunham reflects on feeling trapped in a cycle reminiscent of the late‑career decline of the early 20th‑century artist. It was only after she allowed staff to use her real name that she began to reclaim her identity. Her therapist, Dr. Mark, a kindly man in khakis, asked her to articulate the root causes of her admission. Dunham linked her descent to chronic physical illness, relentless stress from supporting multiple families, hormonal turmoil after a hysterectomy, and a fraught romantic relationship. She also disclosed past sexual trauma, describing the rehab experience as “a fever dream” that echoed those memories. Medication played a paradoxical role. While Klonopin eased anxiety and Percocet dulled pain, the initial IV dose produced a euphoric “shiver through the whole body, better than any orgasm.” She acknowledges the temporary relief as a “pause button” that allowed her racing thoughts to quiet, yet also recognized the danger of dependence. Group sessions revealed complex dynamics. A fellow patient, Walter, breached confidentiality, prompting staff to enforce policy and send him home. The ensuing discussion divided the group, with some defending Walter’s lapse and others demanding accountability. Dunham’s own voice was subdued, emphasizing the tension between personal safety and collective responsibility. In a values‑mapping exercise, Dunham listed ART, FAMILY, MAKING PEOPLE FEEL SEEN as her core priorities, contrasting them with the values of the people she had surrounded herself with during active addiction. This exercise highlighted the stark misalignment between her aspirations and the environment she had inhabited. Despite the strict regimen, Dunham was granted a brief leave to attend the 2018 Met Gala. The decision sparked intense debate among staff about safety, yet she ultimately walked the red carpet, feeling “wan and haunted” amid flashing cameras and champagne she could not enjoy. The experience underscored the surreal juxtaposition of celebrity life and rehab recovery. During the final week, she formally identified as an addict and faced the pivotal question from Dr. Mark: “Do you want to be sober?” The answer marked a turning point, culminating in a moment of pure joy as she ran outdoors, feeling her legs move of their own accord. She closes with a vivid scene of spotting a robin’s egg on the grass, a simple yet profound reminder of life’s unexpected beauty. The memoir Famesick, published by Fourth Estate on 14 April, expands on these revelations and invites readers into the often‑hidden world of addiction behind the celebrity façade.

Renowned actor Sam Neill, known for his role in the Jurassic Park movie franchise, has joined the fight against a proposed goldmine near his vineyard in Central Otago, New Zealand. The mine, backed by Australian company Santana Minerals, could potentially damage the region's pristine environment and threaten up to 650,000 native lizards.The proposed Bendigo-Ophir goldmine, located in an area legally enshrined as 'outstanding natural landscape,' has sparked fierce division between communities. While proponents claim it will create 357 jobs and boost the economy, critics argue it will dampen tourism and harm the environment.Neill, who has grown wine under his Two Paddocks label in the region for 30 years, emphasizes his connection to the land, stating, 'If this mine goes ahead... everything that you see [there] is under a claim [by the mining company]. And there will be mining all around us, and that'll be the end.'The mining industry has a history of environmental disasters, particularly with tailings dams storing toxic waste. Ian Taylor, a prominent Māori businessman, worries about the 600km-long alpine fault running down the South Island, which could lead to seismic risks.Santana Minerals claims the dam has been designed to withstand a one-in-10,000-year earthquake and denies that the mine will negatively affect tourism. A decision on the Bendigo-Ophir mine is expected by the end of the year.