About: BP

Climate change 24-06-2020

US oil giants lagging behind Europe on climate goals, research finds

US-based oil and gas majors are lagging well behind their European counterparts when it comes to plans for cutting emissions to comply with the Paris climate deal, according to analysis released Wednesday (24 June).
Climate change 13-02-2020

Oil giant BP seeks to ‘reinvent’ itself with 2050 zero carbon goal

BP set one of the oil sector’s most ambitious targets for curbing carbon emissions on Wednesday (12 February) as new chief executive Bernard Looney began the biggest revamp in the company’s 111-year history.
Energy 22-05-2019

BP shareholders demand climate action, but reject calls for hard targets

An overwhelming vote in favour of climate action at BP's annual meeting yesterday (21 May) shows how activist investors have started to move the oil and gas industry. But it also showed the limits to their appetite for change.
Energy 12-11-2018

European oil majors better prepared for energy transition than US, Chinese counterparts

Oil majors are “lagging” when it comes to preparing for the low-carbon energy transition, according to a new report from financial watchdog CDP, which nonetheless praised BP, Eni, Equinor, Total, Repsol and Shell for taking the industry’s lead.
Energy 25-04-2018

BP confesses ‘mistake’ in forecasting renewable energy growth

The pace at which India – and China in particular – have developed solar power came as a surprise to BP analysts, the company’s chief economist told EURACTIV in an interview.
Energy 04-10-2016

Italian olive grove stands in way of European energy security

In the name of European energy security, a private guard wearing a navy blue uniform, aviator sunglasses and a baseball cap walks around a grove of olive trees in southern Italy.
Energy 06-10-2015

BP to pay record fine for Deepwater Horizon oil spill

The US government on Monday (5 October) announced the details of a record $20 billion civil settlement with the British oil company BP over the 2010 explosion of the Deepwater Horizon oil rig in the Gulf of Mexico.

French business group top of EU ‘anti-climate’ lobby list

Nearly half of the world's 200 biggest companies actively fight regulation to protect the climate, a study has revealed. French business group MEDEF and oil company Total are among the worst offenders. EurAtiv France reports
Energy 01-06-2015

Europe’s energy big six say gas must help in the fight against climate change

The bosses of Europe’s six largest energy companies, including BP and Shell, have said gas should play a vital role in plans to tackle global warming, in a rare public intervention aimed at influencing UN talks.
Azerbaijan's Ilham Aliyev, François Hollande and Armenia's Serzh Sargsyan [French Presidency]
Global Europe 28-10-2014

France hosts Armenia-Azerbaijan summit over Nagorno-Karabakh

Armenian and Azeri leaders have agreed to pursue talks over the disputed Nagorno-Karabakh region after resuming direct contacts at a meeting in Paris Monday (27 October), the French government said.
Energy 22-10-2012

BP turns to government in Russian venture

BP is ending a stormy relationship with Russian tycoons from a company known as AAR and is instead targeting a partnership with government-owned Rosneft. The deal, worth over $25 billion (€19.18 billion) could give the British oil company a stake of between 16% and 20% in the Russian oil giant. 
Energy 18-05-2011

‘Bolshoi Petroleum’ deal collapses

Negotiations between British Petroleum and Rosneft, Russia's leading oil company, to develop three massive offshore exploration blocks in the Arctic have failed, according to media reports yesterday (17 May).
Energy 17-01-2011

Environmentalists blast UK-Russia ‘Bolshoi Petroleum’ deal

BP agreed on 14 January to form a joint venture with Rosneft to develop three massive offshore exploration blocks that Rosneft owns in the Arctic territory of Russia. US lawmakers, the UK's opposition Labour party and environmentalists blasted the deal, which has been dubbed 'Bolshoi Petroleum'.
Climate change 24-06-2010

Brussels convenes safety talks on deep-sea oil drilling

In the aftermath of the BP oil slick in the Gulf of Mexico, Energy Commissioner Günther Oettinger and Environment Commissioner Janez Poto?nik will meet representatives of oil and gas companies and national surveillance authorities on 14 July 2010.
Med & South 05-09-2008

TNK-BP settlement welcomed in Brussels

An agreement between BP and TNK over the governance of their joint Russian undertaking was welcomed in Brussels, where the European Commission is following the situation closely after Shell, the Anglo-Dutch energy giant, was forced to pull out of a lucrative gas project in Siberia.
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