All news on the topic: BP

It is rare that a single scientific paper shapes how people think about a challenge as daunting as climate change. But one, known as “Wedges,” published 22 years ago by researchers at Princeton University, told an irresistible story.

BP’s sudden decision last week to oust chair Albert Manifold eight months into the job stunned the City. For some who worked under him at his previous employer CRH, however, the mystery was why the oil major hired him in the first place.

Mr. Manifold said he "entirely" disputes the characterization of his conduct outlined by his former employer.

It was in the rarefied environment of the Gleneagles Townhouse, a five-star luxury hotel and exclusive members club in Edinburgh’s New Town, that one of the most recent meetings recorded on the Scottish lobbying register occurred.

A British advertising conglomerate has assisted oil companies ExxonMobil, Chevron, Shell, and BP in spending an estimated $1.5bn (£1.1bn) on advertisements in the US since the 2015 Paris agreement to combat the climate crisis, a report shows.

Volatile energy prices have handed a windfall to BP in an early boost to efforts by its new boss to restore confidence in the oil major.

Exclusive: Guardian investigation into reliability of methane certification issued by MiQ reveals weakness of voluntary model.

China’s leading battery manufacturers have added more than $70bn in market value since the US and Israel launched strikes on Iran, underlining investors’ belief that the conflict will accelerate long‑term demand for clean energy.

BP has agreed to sell a majority stake in its $10bn (£7.4bn) lubricants business Castrol to the US investment company Stonepeak, as the new chair, Albert Manifold, rapidly reshapes the under-pressure oil and gas company.

More than 5,000 fossil fuel lobbyists were granted access to the UN climate summits over the past four years, a period characterized by an increase in catastrophic extreme weather, insufficient climate action, and record oil and gas expansion, new research reveals.

As world leaders convene this week for the Paris Peace Forum, commemorating a decade since the significant climate accord aimed at limiting global warming to 1.5 degrees Celsius, researchers are cautioning that numerous new and existing fossil fuel projects could drive the planet far beyond its remaining carbon budget.

Murray Auchincloss, who was BP’s finance boss, replaced chief executive Bernard Looney after he was dismissed in September over past relationships with colleagues

WPP has 61 polluting clients on its books, the highest of any PR agency globally and these include BP, Shell, Equinor, ExxonMobil and Saudi Aramco – the world’s biggest corporate greenhouse gas emitter

Tyler Loudon tried to make money after hearing private details during his wife's days working from home and not only did he get caught, but she quickly filed for divorce

The oil giant reported underling replacement cost profits the company's preferred measure of £11bn

Ex-Tory Treasurer Lord Michael Spencer is the largest shareholder at Deltic Energy - one of 17 companies including giants Shell and BP awarded provisional licences on Wednesday

The company's shares ticked up this week after Shell beat expectations after making £5.8 billion in underlying earnings in the last three months of 2023

The UK's oil and gas regulator has awarded 24 new exploration licences to 17 separate companies in a move that has been welcomed by a trade body but condemned by climate campaigners

Campaign group Global Witness focused on five of the largest oil and gas producers – BP, Shell, Chevron, ExxonMobil and Totalenergies - and how much profit they made in 2023

Lucy Frazer said organisations should be 'applauded' for giving generously

Murray Auchincloss has been acting as interim chief executive of the energy giant since September but will now take on the role permanently

Morrisons was found to be the cheapest retailer for fuel, according to the RAC Foundation, but the most expensive was Shell - you can see the full breakdown below

The Royal Navy warships HMS Diamond and HMS Lancaster are on patrol in the Red Sea following a series of attacks on shipping by Iranian-backed Houthis

A study by he Common Wealth think tank has revealed that 40% of the licences for North Sea oil and gas are owned by firms based abroad, with profits going to overseas companies and investors

Bernard Looney, former chief executive of BP, will lose £32.4 million worth of salary, pension, bonus payments and shares after 'knowingly misleading the board' over past relationships