A Bill that seeks to amend the existing law governing exploration and production of oil and gas as well as delink petroleum operations from mining operations was passed by the Lok Sabha on Wednesday (March 12, 2025). The Oilfields (Regulation and Development) Amendment Bill, 2024, is aimed at boosting investment …
This report, 10 Species, 10 Years Later, summarizes the best information available about the wildlife featured. We selected these species for many reasons: They represent different types of affected wildlife, they use a diversity of ecosystems and they offer an opportunity to discuss the wide scope of restoration efforts that …
The Trump administration is expected to give BP and other big oil companies more power to self-regulate their offshore drilling operations, years after investigators found that lax regulatory oversight was one of the leading culprits behind the BP Deepwater Horizon disaster, the worst environmental catastrophe in US history. The move …
ExxonMobil has repeatedly claimed to be involved in the fight against climate change, but official documents show it continues to spend millions supporting climate deniers. The company's executives along with a string of other senior representatives at major oil and gas companies including Shell and BP appealed to Donald Trump …
Major oil companies like Exxon Mobil and BP Plc have thrown their support behind a carbon tax plan proposed by a group of elder Republican statesmen, according to an advertisement published in the Wall Street Journal on Tuesday. The corporate support for the plan, which would impose a $40 tax …
Research released last month suggested that the 2010 Deepwater Horizon disaster and oil spill caused $17.2 billion in damages to the Gulf of Mexico’s natural resources — and a slew of other recent studies provide even more detail on just how severe those impacts were for many of the protected …
Research shows 94 of 900-plus groups have strategy to meet Paris climate accord goals More than 900 of the world’s largest companies have a plan to cut their carbon pollution but only a fraction are doing enough to meet the goals of the Paris climate change accord, according to data …
India has the potential to unlock gas reserves of at least 10-15 trillion cubic feet (tcf) by 2022 on the basis of discoveries made so far, Sashi Mukundan, country head for BP India said in a conference on Tuesday. This production requires up to Rs 3 trillion (about $45 billion) …
The world’s largest oil, coal, cement and mining companies have been given 45 days to respond to a complaint that their greenhouse gas emissions have violated the human rights of millions of people living in the Phillippines. In a potential landmark legal case, the Commission on Human Rights of the …
China has became the world's top generator of solar energy and its 2015 coal consumption declined for the first time since 1998, according to new data released today by the oil company BP in its latest Statistical Review of World Energy. China overtook both Germany and the US to rank …
CHAMPAIGN, Ill. -- Scientists have finalized a four-year study of newborn and fetal dolphins found stranded on beaches in the northern Gulf of Mexico between 2010 and 2013. Their study, reported in the journal Diseases of Aquatic Organisms, identified substantial differences between fetal and newborn dolphins found stranded inside and …
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. At last year’s AGM, BP worked with groups under the “Aiming for A” banner on a resolution committing it …
U.S. Judge Carl Barbier granted final approval on Monday to BP Plc's (BP.L) civil settlement over its 2010 Gulf of Mexico oil spill after it reached a deal in July 2015 to pay up to $18.7 billion in penalties to the U.S. government and five states. The company at the …
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. The Carbon Levy Project declaration – signed by author Naomi Klein, 350.org’s Bill McKibben, Greenpeace’s Kumi Naidoo and the Seychelles Ambassador to …
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 crime, federal prosecutors said. Donald Vidrine pleaded guilty to a misdemeanor violation of the Clean Water Act and "admitted …
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 report. Another 32 companies ponied up $100 million or more. “It seems like there’s another corporate scandal every other …
A U.S. appeals court said BP Plc, which in July reached a $18.7 billion settlement of federal, state and local claims over the 2010 Gulf of Mexico oil spill, must face one of two proposed class-action lawsuits claiming that the oil company defrauded shareholders over the disaster. The 5th 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. The roughly 40 percent fall in oil prices since last year is also sharply cutting into profits at BP …
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. The British energy giant, whose shares are still some 35 percent below their value before the …
BP Plc will pay up to $18.7 billion in penalties to the U.S. government and five states to resolve nearly all claims from its deadly Gulf of Mexico oil spill five years ago in the largest corporate settlement in U.S. history. The agreement adds to the $43.8 billion that BP …
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 authoritative review. "Renewable energy used in power generation grew by 12 percent (last year)," said the BP …
