About 600,000 people seeking compensation a decade on from disaster that killed 19 and devastated villages

The global mining company BHP Group has been found liable for the deadly 2015 collapse of a Brazilian dam, in a landmark ruling that could pave the way for a multibillion-dollar payout.

The high court in London on Friday, Mrs Justice O’Farrell ruled that BHP was responsible for the collapse of the Fundão dam in Mariana despite not owning the dam at the time.

Warning comes as scenario in which global demand continues to grow until 2050 is included in IEA outlook report

The world is producing more oil than it needs and by next year there could be a glut of 4m excess barrels a day entering the market, according to the global energy watchdog.

The International Energy Agency said the surplus in 2026 was likely to be larger than previously forecast, despite a decision from the biggest oil producers to pause their plan to increase crude exports.