BP green lights $59bn project in Gulf of Mexico
BP has given the go-ahead for a deepwater project worth $9 billion (£7.2bn) in the Gulf of Mexico.
oil
Oil has hit trough and will emerge from downturn
The falling oil market has reached a trough and will now slowly emerge from its downturn.
BP pulls out of South Australian offshore drilling plans
BP has decided not to go ahead with drilling explorations off the coast of South Australia.
Deepwater Horizon research group offers final $65m
The research initiative that sprung up in the wake of the BP disaster is offering $65 million (£51m) of funding to help understand the effects of oil on the environment and reduce its damaging effects.
Barry Gardiner pledges to ban fracking
Shadow Energy and Climate Change Secretary Barry Gardiner has promised to ban fracking if the Labour Party wins the next general election.
Insurers urge governments to drop fossil fuels
Global insurers worth more than $1.2 trillion (£900bn) are urging governments to commit to phasing out oil, coal and gas subsidies by 2020.