BP 'to admit criminal misconduct over Deepwater Horizon in plea agreement'

BP is expected to plead guilty to criminal misconduct over the 2010 Deepwater Horizon disaster through a plea agreement it has reached with the US department of justice that may be announced as soon as Thursday, according to two sources familiar with discussions.

George Osborne: make UK a world leader in energy storage

Chancellor George Osborne has said the UK must take a global lead in developing a series of low carbon technologies, including energy efficient computing and energy storage, in his first major speech on scientific issues.

Alaska to collect $255m for BP pipeline leaks

The US state of Alaska will collect $255m related to BP's pipeline leaks and a resulting shutdown in 2006 in the Prudhoe Bay oilfield, drawing a line under an accident that contributed to the British company's US troubles.

Oil Rises as Consumer Sentiment Gains

Oil advanced as data showing U.S. consumer confidence climbed to a five-year high, helping ease concern that a political stalemate in Washington will lead to a fiscal crisis.

EU, China spar again over solar trade

HONG KONG (CNNMoney) -- The European Commission has launched an investigation into solar panels and components imported from China, the latest skirmish in a row that could raise tensions between the trading partners.

Duke Energy 3Q earnings hurt by mild weather

NEW YORK (AP) — Duke Energy, the nation's largest electric utility by market value, reported stronger-than-expected earnings for the third quarter but company executives said the outlook for strong economic growth in the U.S. is dim.

Climate change is back on the table

NEW YORK (CNNMoney) -- Climate change is once again a hot topic in the Untied States.