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Investors predict more instability in Middle East, as some flights to Tel Aviv are suspendedIsrael and Hamas at war – live updatesOil and gas prices rose on Monday and airline shares fell amid widespread flight cancellations as markets reacted to the s…
Government challenged to explain claim that UK will need 25% of energy to come from fossil fuels in 2050UK politics live – latest updatesThe UK government has “misrepresented” the Climate Change Committee (CCC) by wrongly claiming it said we would need…
Former Bank of England governor says businesses prioritise countries with clean power and consistent strategiesUK politics live – latest news updatesRishi Sunak watering down the UK’s climate commitments has damaged Britain’s position on the world stag…
Diesel up by more than 8p to 163p in September and petrol by 4.5p to 152p amid global oil production cutsThe price of diesel in the UK has shot up at one of its fastest rates in more than 20 years – while retailers have been accused of charging “unjust…
Party urged to commit to revoking licence for site in North Sea and back comprehensive Green New DealYoung climate activists staged sit-down protests outside the offices of every member of Labour’s shadow cabinet on Friday, calling on the party to take…
Giving the green light to the UK’s biggest untapped oilfield flies in the face of repeated warningsUK go-ahead for North Sea oil and gas field angers environmental groupsJust 24 hours before the UK gave the go-ahead to develop the UK’s biggest untapped…
Campaigners including Greta Thunberg had called for halt to Rosebank project involving Oslo-listed EquinorBritain has given the go-ahead to develop the UK’s biggest untapped oilfield off Shetland, sparking outrage from environmental campaigners.The UK …
Former British PM calls for 3% levy on oil and gas export revenues of biggest producers to generate $25bn a year for global southPetrostates should pay a small percentage of their soaring oil and gas revenues to help poor countries cope with the climat…
Four ex-Soviet states excepted from ban, which has been prompted by railway bottlenecks and weak roubleRussia has temporarily banned exports of petrol and diesel to all countries outside a circle of four ex-Soviet states with immediate effect, in order…
Exclusive: oil giant to put particular focus on senior managers after shock departure of CEO Bernard LooneyBP has launched a review of all personal relationships between its staff, particularly at senior levels, to root out any “problematic” conduct, t…