Global greenhouse gas emissions are set to rise by nearly a third in the next two decades, putting hopes of curtailing dangerous climate change beyond reach, a new report by BP has found.
BP has won permission to drill in the clear waters off Greenland, just three and a half years after abandoning similar plans to apply for a licence in the aftermath of the Deepwater Horizon blowout.
Shell is to pay relocation costs for its outgoing chief executive Peter Voser to move back to his native Switzerland after he quit to spend more time with his family.
BP and Shell have been forced on the defensive by new allegations of price-rigging made in a US lawsuit brought by four oil traders.
BP is at the centre of one of the world's biggest gas sales agreements, worth up to $100bn (£62bn) over 25 years, after signing a deal to supply energy from a Caspian Sea project that could reduce Europe's reliance on Russian fossil fuels.
Shell always appoints its chief executives from inside, so nobody should be surprised it has done so again.
One of the largest shareholders in Gulf Keystone Petroleum (GKP) has slammed the oil firm for its poor corporate governance and "excessive" executive pay.
Even 25 years on, Charles Haffey's most powerful memory of the Piper Alpha disaster was the overwhelming, deafening noise. The vast inferno created by simultaneous eruptions from ruptured gas and crude oil pipelines sounded like thousands of blow torches alight at full pressure.
Safety on North Sea oil platforms is being compromised because the workforce is scared to speak out, a three-day conference to mark the 25th anniversary of Britain's worst offshore accident will be told on Tuesday.