Campaigners claim BP has failed to do enough on environmental pledges made at last year’s annual general meeting (AGM) and will hold bosses to account at the oil company’s shareholder gathering.

U.S.

More than 60 environmentalist organisations are calling for a tax on fossil fuel extraction that would see energy giants pay compensation to countries being impacted by climate change.

Manslaughter charges were dropped against two former BP well site managers involved in the deadly 2010 Gulf of Mexico oil drilling disaster on Wednesday, and one pleaded guilty to an environmental

Eight large parent corporations — along with their subsidiaries — shelled out more than $1 billion in penalties related to environmental, health and safety violations since 2010, according to a new

A U.S.

LONDON — The British oil giant BP said on Tuesday that it lost $5.8 billion in the second quarter, reflecting a huge settlement over the 2010 Gulf of Mexico oil spill.

BP’S US$18.7 billion settlement over the 2010 Gulf of Mexico spill draws a line under years of uncertainty to allow it to focus once again on growth but could make it an acquisition target.

BP Plc will pay up to $18.7 billion in penalties to the U.S.

Renewable power was the fastest growing form of energy last year, with a record 6 percent of global power generation, in a year when energy consumption slowed sharply worldwide, BP said in an autho