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August 27, 2025

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oil

UK oil firm Wood Group could leave London listing as it moves closer to takeover

FTSE 250 company, which employs 35,000 people, further extends deadline for Sidara to make firm takeover offerBusiness live – latest updatesWood Group has come a step closer to becoming the latest company to leave the London Stock Exchange, after the b…

August 26, 2025
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Air pollution from oil and gas causes 90,000 premature US deaths each year, says new study

Study analyzed health impacts of fossil fuels from exploration to end use, and found communities of color bear brunt of harmAir pollution from oil and gas causes more than 90,000 premature deaths and sickens hundreds of thousands of people across the U…

August 22, 2025
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Ukraine attacks pipeline that sends Russian oil to Hungary and Slovakia

Hungary’s foreign minister claims missile strike on energy infrastructure is ‘another attempt to drag us into war’Ukraine has hit a key pumping station on the Druzhba oil pipeline bringing fuel to Europe from Russia, knocking out supplies to Hungary an…

August 22, 2025
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Loan ‘irregularities’ led to collapse of Prax Lindsey oil refinery

Administrator was appointed after parent company State Oil was given new information about £783m loan The Prax Lindsey oil refinery collapsed after “material irregularities” were discovered in a complex £783m loan facility that funded the wider group, …

August 20, 2025
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Republicans who backed Trump’s anti-environment bill have accepted over $105m from big oil

The One Big Beautiful Bill Act includes billions of dollars in giveaways to fossil fuel companies and their executivesThe Republican lawmakers who voted for Donald Trump’s anti-environment tax and spending bill have accepted more than $105m in politica…

August 15, 2025
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Countries urged to ‘hold the line’ in Geneva plastics treaty negotiations

Talks continue amid warnings from environmental groups over being ‘sold out’ without meaningful or legally binding measuresTalks between nations to hammer out a plastics treaty to end plastic pollution continued behind closed doors in Geneva on Thursda…

August 14, 2025
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Millions of litres of oil seeping into UK soil from ageing electricity cables

FOI requests reveal leaks beneath cities, residential areas, riverbeds and fields in ‘huge problem for environment’ Electricity companies are leaking millions of litres of oil underground throughout the UK, the Guardian can reveal.In the past 15 years,…

August 13, 2025
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World awaits Trump’s next move as Russia ceasefire deadline approaches

US president has been unusually reticent about plans to punish Russia if it does not agree to end Ukraine warEurope live – latest updatesAfter taking six months to conclude that Vladimir Putin may not be a kindred transactional authoritarian leader but…

August 6, 2025
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Trump’s demand that India stop buying Russian oil puts Modi in tight spot

Prime minister faces a choice between high tariffs or giving up cheap oil, putting New Delhi’s non-alignment policy under severe strainThe relationship between India and the US is facing one of its most significant challenges in decades, as the Trump a…

August 4, 2025
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BP makes its biggest oil and gas discovery in 25 years off coast of Brazil

Company to carry out more tests on its Santos basin find as it continues shift from renewables back to fossil fuelsBusiness live – latest updatesBP has made its largest oil and gas discovery of the past 25 years off the coast of Brazil as it continues …

August 4, 2025
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Recent Posts

  • HP reports Q3 revenue up 3.1% YoY to $13.9B, vs. $13.7B est., Personal Systems revenue up 6% to $9.9B, and forecasts Q4 profit above estimates (Dina Bass/Bloomberg) August 27, 2025
  • Nvidia reports Q2 revenue up 56% YoY to $46.74B, above $46.06B est., Data Center revenue up 56% to $41.1B, and approves an additional $60B in share buybacks (Kif Leswing/CNBC) August 27, 2025
  • Sub thrown, charges dropped: Prosecutors fail to indict ‘sandwich guy’ – questions over Trump’s law enforcement August 27, 2025
  • European leaders boost Moldova in face of ‘relentless’ Russia August 27, 2025
  • U.S. aircraft with advanced radar intercepted over Black Sea August 27, 2025
  • Minneapolis church mass shooting: Trump orders flag at half mast; FBI begins terror, hate crime probe August 27, 2025
  • OpenAI and Anthropic publish findings from joint safety tests of each other’s models, aimed at surfacing blind spots in their internal evaluations (Maxwell Zeff/TechCrunch) August 27, 2025

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