Oil

Credit agency teams up with Carbon Tracker Initiative to analyse long-term creditworthiness of firms investing in Canadian oil sands

Green groups welcome move, but company insists it will look to resume controversial exploration programme at 'a later date'

Plaintiffs argue BP knew there were problems with the Deepwater Horizon rig but ignored the warnings – charges the oil giant rejects

With trial over 2010 disaster set to begin in New Orleans today, government said to offer $16bn deal to settle claims

Environmental groups say oil giant in court next week must be held responsible for all damage from 2010 disaster

Crown Estate signs agreement for lease that would allow National Grid to store CO2 70 miles off the coast of Yorkshire

Green groups warn against huge shale oil risks as report finds it could comprise 12 per cent of oil production in 2035

HSBC study finds meeting international climate goals could strip 60 per cent of the value from companies such as BP, Shell, and Statoil

Prime Minister accused of abandoning huskies and refusing to 'take a lead' on Arctic protection

Grounding of Kulluk rig the latest in a series of mishaps, raising possibility that Shell may be forced to re-evaluate its proposals