Incoming BP-CEO Bernard Looney will not take up either of BP’s seats on the board of Rosneft when he takes over in February because of the complexity of the relationship with the Russian oil giant, five company sources said.
Germany is closely monitoring developments at Daimler after a second Chinese company moved to take a big stake in the maker of Mercedes-Benz cars, an economy ministry official said.
Deforestation on protected indigenous lands in the Amazon was almost three times higher than the loss of trees in the region as a whole and the highest since 2008, according to a new study based on satellite imagery.
Activist group Follow This is increasing the pressure on oil companies ExxonMobil, Chevron, Royal Dutch Shell, BP and Equinor with shareholder resolutions urging them to meet the Paris climate goals and cut carbon emissions.
The substance that brought one of Russia’s longest oil pipelines to a halt in April was carbon tetrachloride, a lethal chemical meant to be tightly controlled by an international agreement, according to the results of three separate, undisclosed tests seen by Reuters.
Hundreds of thousands of Ethiopians are living in camps up to four years after being displaced by drought, researchers said, warning climate change could exacerbate the problem.
Indonesia has filed a lawsuit at the World Trade Organization against the European Union, claiming the bloc’s restrictions on palm oil-based biofuel are unfair, the country’s trade ministry said in a statement.
Deforestation in Brazil’s Amazon jumped to the highest level for the month of November since record-keeping began in 2015, according to preliminary government data published.
Tens of trillions of global investment dollars are pouring into companies touting robust environmental, social and governance credentials. Now short-sellers spy an opportunity.
Climate change is causing chaos in the Bering Sea, home to one of America’s largest fisheries, an example of how rising temperatures can rapidly change ecosystems important to the economy, U.S. federal government scientists said in a report.