BP

BP, Glencore, Rolls-Royce, Just Eat and B&M among last eight firms yet to provide investors with information. BP, Glencore and Rolls-Royce are among eight FTSE 100 companies who have refused to…

With demand and share prices dropping, Europe’s fossil fuel producers recognise that peak oil is probably now behind them. Ayear ago, only the most ardent climate optimists believed that the world’s…

Potential investments in offshore wind and hydrogen are on the near-term horizon, says CEO Bernard Looney. BP is readying offshore wind bids during the next six months with heightened hydrogen…

Oil firm slumps to value of £40.5bn, well below that of offshore wind developer Orsted. BP’s market value has fallen below 200p a share for the first time since 1994 with investor faith in the…

Documents show BP, Shell and Equinor had several meetings with government officials. Fossil fuel firms have held a series of private meetings with UK government officials in an attempt to be part of…

An Unearthed and HuffPost investigation identified at least eight trade associations the companies failed to disclose in transparency reports. Earlier this year, oil giants BP and Royal Dutch Shell…

Demand for oil is "broadly flat" even in the most bullish scenario as the energy transition shifts the world away from fossil fuels.

Royal Dutch Shell is looking to slash up to 40% off the cost of producing oil and gas in a major drive to save cash so it can overhaul its business and focus more on renewable energy and power…

Mock Cop26 set up in frustration at lack of progress due to coronavirus crisis. Young climate activists have begun a parallel process to the UN climate crisis talks, in frustration at the lack of…

Fossil fuel consumption is set to shrink for the first time in modern history as climate policies boost renewable energy while the coronavirus epidemic leaves a lasting effect on global energy demand…

A company steeped in oil and gas production may not find it easy to convince investors of its environmental credentials.

Oil will be replaced by clean electricity, BP predicts, as demand may never recover from Covid-19 pandemic. BP has called time on the world’s rising demand for fossil fuels after finding that demand…

Strategic partnership will seek to develop more wind farms off the coast of the US. BP has taken its first major step into the offshore wind industry with the purchase of a $1.1bn (£850m) stake in…

Storebrand says corporate lobbying to undermine climate solutions is ‘unacceptable’. A Nordic hedge fund worth more than $90bn (£68.6bn) has dumped its stocks in some of the world’s biggest oil…

A group of the world’s top oil companies including Saudi Aramco, China’s CNPC and ExxonMobil have for the first time set targets to cut their combined greenhouse gas emissions as a proportion of…

Despite reporting one of its worst quarterly results on record BP shares closed up 6.5%. BP has won guarded praise from climate emergency campaigners and a hefty share price bounce by unveiling new…

The oil supermajor lays out further details on its path toward net-zero, keeping ahead of its fossil fuel rivals in its energy transition ambitions. BP will cut its oil and gas output by 40 percent…

While oil and gas are not alone in struggling in the economic slump, the reality of the climate crisis is starting to bite, analysts say.

BP has announced it has sold its global petrochemicals business to INEOS as part of its strategy to reinvent the company.  Selling its global petrochemicals business to INEOS will help bp strengthen…

The coronavirus pandemic may have produced a tipping point in the transition off fossil fuels, with two colossal fossils declaring in the last two weeks that they will downgrade the value of their…