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Brent crude benchmark rose to more than $80 a barrel, its steepest increase since ceasefire beganOil markets have recorded their sharpest price rise in nearly two months after a series of attacks on fossil fuel tankers near the strait of Hormuz led Don…
French capital hails ‘landmark decision’ against oil firm relating to disclosure of emissions from oil and gas productsA Paris court has ruled that the French oil company TotalEnergies must disclose the climate risks linked to emissions from its oil a…
British Chamber of Commerce boss Shevaun Haviland says transition to clean energy could be handled betterAndy Burnham should be ready to exploit the UK’s remaining North Sea oil and gas resources to avoid mass job losses in Scotland and the north-east,…
Trump says he instructed justice department to investigate oil firms over high gas prices amid Middle East conflictDonald Trump said Wednesday that he had instructed the US Department of Justice to investigate oil companies for alleged price gouging, a…
Ex-defence secretary John Healey and ex-defence minister Al Carns have given resignation statements to MPsSpeaking to reporters at the G7, Keir Starmer also defended the defence investment plan (DIP) draft that led to John Healey’s resignation as defen…
Oil tankers may be stuck behind strait of Hormuz, but holding the Iata AGM in Brazil defies warnings of impending shortagesNothing says jet fuel crisis, as one prospective attender put it, like flying everyone to Rio de Janeiro. Aviation leaders will c…
Senior independent director to handle process again after Albert Manifold’s shock departure last weekBusiness live – latest updatesBP has backed Amanda Blanc to lead its search for a new chair for a second time, shrugging off investor concerns over her…
Albert Manifold disputes reports about his behaviour and says he always tried to set exampleThe boardroom turmoil at BP deepened after its ousted chair, Albert Manifold, claimed allegations about his conduct were “lies”.In a new and lengthy statement, …
Albert Manifold says he was removed without warning and ‘will not allow a false narrative to go unchallenged’Business live – latest updatesThe ousted chair of BP, Albert Manifold, has accused the oil company of firing him without warning and disputed r…
Oil company is FTSE’s biggest faller as chair departs immediately after only eight months in the roleBusiness live – latest updatesBP has removed its chair, Albert Manifold, with the oil company’s board saying it had “serious concerns about “important …