BP

Global energy giant Shell said on Thursday that its annual profits doubled to a record high last year as oil and natural gas prices soared after Russia's invasion of Ukraine.

Last year, fossil fuel giant BP left the oilsands to dive into Canada’s offshore market, and is now set to explore a new region on the East Coast it hopes holds up to five billion barrels of oil.

BP’s earnings more than doubled in the third quarter as the London-based energy giant benefited from high oil and natural gas prices following Russia’s invasion of Ukraine.

Fury as "explosive" files reveal largest oil companies contradicted public statements and wished bedbugs upon critical activists.

The research adds utility companies and their affiliated groups to the growing list of actors that spent years misleading the public about the threat of climate change.

Government support for fossil fuel companies amid huge profits is a "roadblock" to tackling the climate crisis, the International Energy Agency says.

British energy giant BP is exiting the Alberta oilsands to focus on offshore oil development instead.

The ruling, and another crucial court decision last week, will force the oil giant to face charges it lied about global heating.

Eight oil and gas companies are planning hundreds of expansion projects in the coming years, even as the world is already on track to burn through its remaining carbon budget, a new report finds.

Not one of the top 30 financial institutions is following through on its climate pledge, a new report finds.

Winning awards is usually considered a good thing. There are, however, various tongue-in-cheek honours that are more about mocking their recipients than celebrating their work.

“Financial analysis reveals a continuing business model dependence on fossil fuels along with insignificant and opaque spending on clean energy.”

Activists took aim at COP26 organizers for accrediting hundreds of oil and gas company lobbyists to attend the UN climate conference in Glasgow.

During a hearing Thursday, Democrats compared Big Oil's tactics to those long deployed by the tobacco industry to resist regulation “while selling products that kill hundreds of thousands of Americans."

Giving companies like Microsoft, which is the biggest tech partner to the fossil fuel industry, a principal partner position at COP26, is more than just a bad message, say the authors, it gives them space that should be reserved for non-polluters.