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Australian mining entrepreneur Andrew Forrest criticises ‘clickbait’ fossil fuel plans as others say Britain has lost credibilityA billionaire global investor has led international condemnation of the UK’s new oil rush, saying he would pull his major i…
Exclusive: Long list of ‘sensitive’ topics for petrostate include oil and gas production, emissions and Yemen war crimesA comprehensive list of “touchy and sensitive issues” for the United Arab Emirates, which is running the next UN climate summit, has…
This live blog is now closed, you can read more of our UK political coverage hereOpposition parties say the government is failing to act as oil companies continue to rake in massive profits, despite oil and gas prices coming down from last year’s highs…
Oil and gas company to return another $1.5bn to investors through a share buybackBP has angered climate campaigners by reporting profits of $2.6bn (£2bn) for the second quarter of the year as the climate crisis triggers extreme heatwaves around the wor…
Shadow net zero secretary attacks Sunak’s ‘perverse’ policy as Shell and British Gas report large profitsUK politics live – latest updatesBusiness live – latest updatesRishi Sunak has been urged to close the holes in his “Swiss cheese” of a windfall ta…
Campaigners criticise plan to increase oil and gas production despite extreme heat in EuropeShell has reignited outrage among climate activists by handing billions to its shareholders after making profits that campaigners have described as “obscene”.Pr…
Zero Hedge: In “Victory” For Moscow, Russia Defies Sanctions By Selling Oil Above Western Price Cap Two weeks ago we reported that with a barrel of Urals about to rise above $60, the “Russian oil price at key port was about to breach sanctions…
CNBC: Goldman Sachs expects ‘all time high’ oil demand to spur large deficits, boosting prices * Goldman Sachs forecasts “all-time high” demand in oil markets leading to a “sizeable deficit.” * The investment bank projects Brent crude t…
Environmental law charity claims energy firm cannot achieve net zero goal with current transition planAn environmental law charity has lost an attempt to revive a lawsuit against Shell over its climate strategy after the high court in London refused pe…
Greenpeace criticises ‘scandalous’ expansion approved by UK government over past two yearsNew oil and gas licences for the North Sea that the UK government has approved in the past two years will produce as much carbon dioxide as the annual emissions o…