12 h. ago BP chairman to step down after oil giant retreats from green energy

BP kick-started a search for a new chair after Helge Lund told the board he intends to leave the role ‘in due course’.

Politics

1 week ago Shell vows to boost investor returns amid plans to cut costs and spending

The oil giant has lowered its annual spending outlook to £15.5 billion to £17 billion over the next three years.

Economics

2 w. ago Greenpeace ordered to pay $660M to oil company by judge, prompting bankruptcy fears

The environmental group previously shared bankruptcy fears over losing a defamation suit to Texas oil giant Energy Transfer

Economics

2 w. ago Line 5, a Trump donor, is profiting off a pipeline deal threatening pollution

Trump administration accused of ‘quid pro quo’ for fast-tracking controversial fossil fuel proposal in MichiganDonald Trump’s administration is being accused by activists of a quid pro quo as it attempts to fast-track a controversial fossil fuel pipeline proposal in Michigan that would in part be built by a donor with deep financial ties to the president.While Canadian oil giant Enbridge owns the Line 5 oil and gas pipeline that it is attempting to replace in the Great Lakes region, the contractor is Tim Barnard, who, along with his wife, gave $1m to Trump’s campaign last year, Federal Election Commission records show. Continue reading...

Economics

3 w. ago Heartstopping moments after Russian captained cargo vessel crashed into giant oil tanker containing US jet oil off the Yorkshire coast is shared

In the clip, which was allegedly taken onboard the cargo ship and posted onto social media, a desperate crewman is heard pleading: 'Lord, Lord, help us, Lord help us.'

Events

3 w. ago How are oil spills contained? Scientists reveal how floating barriers, chemicals, and even giant SPONGES can be used

As a crashed oil tanker in the Humber Estuary sparks concerns of an environmental disaster, scientists reveal how the spill could be contained.

Science

4 w. ago Blow to hundreds of jobs hopes as BP scraps plan to build green hydrogen plant in UK

The oil and gas giant had hoped the HyGreen plan would create 660 jobs during construction and a further 100 when it was operational

Politics