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Angry protests expected at BP’s annual meeting one year after disaster
BP’s first annual general meeting could see a wave of protesters and angry shareholders since a disastrous oil spill in the Gulf of Mexico in April last year.
Almost one year on, 11 workers were killed when a drilling rig leased by BP exploded, unleashing millions of barrels of oil.
Fishermen from the US are set to be among protesters at the AGM in London.
Meanwhile, BP and Russia's Rosneft have extended the deadline for their planned £10 billion share swap by a month.
The planned deal with Rosneft, which is owned by the Russian state, has been on hold after TNK, BP's Russian partners in its existing Russian joint venture, TNK-BP, won an injunction.
The Rosneft plan would give BP access to potential vast new energy reserves in the Russian Arctic Circle, and is a key part of BP's turnaround strategy.
BP and Rosneft have now extended the deadline for the share swap to 16 May.
US fishermen and families will be joined by indigenous communities angry at BP's involvement in extracting tar sands - a heavily polluting form of oil - in Canada.
There will also be protests outside the meeting by other environmentalists, with more planned over the next week across London.
