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Ruling requiring ‘unlimited guarantee’ from oil firms to cover costs of spills could change offshore drilling throughout regionA ruling from Guyana’s high court could change the face of offshore oil drilling throughout the Caribbean, according to finan…
Pirc and Church of England back calls for investors to vote against Sir Andrew Mackenzie at AGMAn influential investment adviser has added its weight to a move to oust the Shell chair, Sir Andrew Mackenzie, at next week’s annual shareholder meeting as …
World’s largest energy company’s first-quarter profits fall by 19% to $32bn after dip in oil pricesThe Saudi government looks likely to reap greater revenues from the state-backed oil group Saudi Aramco despite the company posting a near-20% fall in qu…
Exclusive: Company accused of ‘lobbying and greenwashing’ for more fossil fuels despite knowing of risksThe Italian oil major Eni is facing the country’s first climate lawsuit, with environmental groups alleging the company used “lobbying and greenwash…
Environmentalists from the Philippines urge investors to avoid LNG projects which they say threaten the Verde Island PassageCampaigners from the Philippines have urged British banks not to fund the expansion of fossil fuel use in their country. It foll…
Green group accused company of emitting more than it disclosed but TotalEnergies says report used dubious methodologies The French oil major TotalEnergies has sued the environmental group Greenpeace France and the climate consulting firm Factor-X over …
Lyrics of Stop changed to ‘stop right now, no more oil and gas’ because of bank’s fossil fuel fundingBusiness live – latest updatesBarclays’ annual general meeting has been disrupted by climate activists condemning the bank’s role as one of Europe’s la…
Oil and gas company beats analysts’ forecasts, with profits reaching $5bn in first three months of yearLabour calls for firms to pay more tax on £60m-a-day profitsAnalysis: does UK need to drill for more North Sea oil and gas?Bumper profits at BP have …
Party wants greater taxation on North Sea profits to fund freeze on council tax for cash-strapped UK householdsAnalysis: does UK need to drill for more North Sea oil and gas?Energy companies are making £60m in profits a day from operations in the North…
The U’wa people’s case against the Colombian government could help protect the environment across Latin AmericaAfter centuries fighting to protect their territory – and 26 years waiting to testify in an international legal dispute – an Andean Indigenou…