Gulf Of Mexico - latest news, breaking stories and comment - The Independent

Leading article: The Arctic no place for oil companies

The collapse of BP's deal to explore the Arctic sea for oil is deeply humiliating for the giant oil corporation. It was only in January that BP, with a great fanfare, announced the deal with Rosneft, the Kremlin-backed Russian oil company. The tie-up was supposed to rebuild BP's reputation after the disaster of the Deepwater Horizon explosion in the Gulf of Mexico last year which has cost the company $41bn so far. That much-vaunted strategy is now in tatters.

Leading article: A Government that is not green enough

David Cameron is reported to have resisted pressure from some Cabinet ministers to water down Britain's emissions reduction targets. The Government will announce today that it will act on the recommendations of the independent Committee on Climate Change (CCC) and ensure that our national emissions fall by 50 per cent on 1990 levels by 2025. The Prime Minister has won praise from Greenpeace for his "strong intervention" on behalf of the environment.

Portfolio: Edward Burtynsky

Oil on troubled waters

Breakthrough at last for BP in Russian stalemate

BP appears to be on the verge of salvaging a hugely controversial deal to explore the Arctic Ocean after finally agreeing a compromise with the Russian business that has been threatening to wreck the project.

BP moves closer to Rosneft deal

Oil giant BP today moved closer to salvaging a proposed tie-up with Russian government-owned Rosneft after appeasing a group of angered shareholders.

BP Alaska fined $25m for oil leak

BP's subsidiary in Alaska will pay a $25m (£15m) civil penalty under a settlement that comes five years after more than 200,000 gallons of crude oil spilled from company pipelines.

BP plans return to Gulf of Mexico as spill costs continue to hit profits

BP hopes to resume drilling in the Gulf of Mexico later this year it emerged yesterday, as the company revealed that last year's devastating spill continues to drag on profits.

It's oil money that fuels our museums

Protests against BP arts funding are wildly misplaced, says Tiffany Jenkins. In fact, big-business benefactors should be lauded

Deepwater Horizon: This was no Armageddon

When BP's Deepwater Horizon exploded last April, the world feared the worst. But it has not come to pass, says David Usborne, and what's more, money is proving a more corrosive force than the oil

BP facing sell-off calls

Oil giant BP is facing calls from some of its biggest shareholders to sell off up to half of its assets as part of a radical restructuring of the group, it was reported today.

BP wins more time for Russian deal

Oil giant BP has secured more time to salvage its £10 billion share-swap and exploration deal with Russian-government owned Rosneft.

BP executives brace for a stormy meeting with shareholders

Scores of people plan to protest today at the oil firm's AGM

David Prosser: BP's shareholders are entitled to be furious too

Outlook Bob Dudley and Carl-Henric Svanberg will no doubt cope with running the gauntlet of protesters at BP's annual general meeting today. Mr Dudley, a career oil man, knows this sort of ordeal comes with the territory, even if last year's Gulf of Mexico spill has ramped up the outrage factor, while Mr Svanberg got plenty of practice coping with demonstrations during the height of that scandal last year. Leaving aside the demonstrators' concerns, however, both men deserve a rough ride from their shareholders too.

BP to face rebellion on pay awards

Oil giant BP is expected to face further shareholder ire at its annual general meeting over "wholly unacceptable" boardroom pay packets awarded in the wake of the Gulf of Mexico oil disaster.

BP faces wave of protests at AGM

Oil giant BP is facing a wave of protests as it holds its annual general meeting in London days before the first anniversary of the Gulf of Mexico disaster.

News
Paper trail: the wedding photograph found in the rubble after 9/11 – it took Elizabeth Keefe 13 years to find the people in it
newsWho are the people in this photo? It took Elizabeth Stringer Keefe 13 years to find out
Arts and Entertainment
Evil eye: Douglas Adams in 'mad genius' pose
booksNew biography sheds light on comic genius of Douglas Adams
Sport
FootballFull debuts don't come much more stylish than those on show here
News
i100
Life and Style
Kim Kardashian drawn backlash over her sexy swimsuit selfie, called 'disgusting' and 'nasty'
fashionCritics say magazine only pays attention to fashion trends among rich, white women
Arts and Entertainment
TVShows like Agents of S.H.I.E.L.D are little more than marketing tools
Arts and Entertainment
Hit the roof: hot-tub cinema east London
architectureFrom pools to football pitches, rooftop living is looking up
Travel
travel
News
The ecological reconstruction of Ikrandraco avatar is shown in this illustration courtesy of Chuang Zhao. Scientists on September 11, 2014 announced the discovery of fossils in China of a type of flying reptile called a pterosaur that lived 120 millions years ago and so closely resembled those creatures from the 2009 film, Avatar that they named it after them.
SCIENCE
Life and Style
tech
Career Services

Day In a Page

Independent Travel
Burgundy, the River Rhone & Provence – MS Swiss Corona from £949pp
Dubrovnik, the Dalmatian Coast & Montenegro from £799pp
Provence from £599pp
Apulia, Lecce and Vieste – Undiscovered Italy from £899pp
Pompeii, Capri and the Bay of Naples from £759
Classical Spain from £539pp
Prices correct as of 12 September 2014
Mystery of the Ground Zero wedding photo

A shot in the dark

Mystery of the wedding photo from Ground Zero
His life, the universe and everything

His life, the universe and everything

New biography sheds light on comic genius of Douglas Adams
Save us from small screen superheroes

Save us from small screen superheroes

Shows like Agents of S.H.I.E.L.D are little more than marketing tools
Reach for the skies

Reach for the skies

From pools to football pitches, rooftop living is looking up
These are the 12 best hotel spas in the UK

12 best hotel spas in the UK

Some hotels go all out on facilities; others stand out for the sheer quality of treatments
These Iranian-controlled Shia militias used to specialise in killing American soldiers. Now they are fighting Isis, backed up by US airstrikes

Widespread fear of Isis is producing strange bedfellows

Iranian-controlled Shia militias that used to kill American soldiers are now fighting Isis, helped by US airstrikes
Topshop goes part Athena poster, part last spring Prada

Topshop goes part Athena poster, part last spring Prada

Shoppers don't come to Topshop for the unique
How to make a Lego masterpiece

How to make a Lego masterpiece

Toy breaks out of the nursery and heads for the gallery
Meet the ‘Endies’ – city dwellers who are too poor to have fun

Meet the ‘Endies’ – city dwellers who are too poor to have fun

Urbanites are cursed with an acronym pointing to Employed but No Disposable Income or Savings
Paisley’s decision to make peace with IRA enemies might remind the Arabs of Sadat

Ian Paisley’s decision to make peace with his IRA enemies

His Save Ulster from Sodomy campaign would surely have been supported by many a Sunni imam
'She was a singer, a superstar, an addict, but to me, her mother, she is simply Amy'

'She was a singer, a superstar, an addict, but to me, her mother, she is simply Amy'

Exclusive extract from Janis Winehouse's poignant new memoir
Is this the role to win Cumberbatch an Oscar?

Is this the role to win Cumberbatch an Oscar?

The Imitation Game, film review
England and Roy Hodgson take a joint step towards redemption in Basel

England and Hodgson take a joint step towards redemption

Welbeck double puts England on the road to Euro 2016
Relatives fight over Vivian Maier’s rare photos

Relatives fight over Vivian Maier’s rare photos

Pictures removed from public view as courts decide ownership
‘Fashion has to be fun. It’s a big business, not a cure for cancer’

‘Fashion has to be fun. It’s a big business, not a cure for cancer’

Donatella Versace at New York Fashion Week