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Italian company’s subsidiary, Vår Energi, will acquire Neptune’s Norwegian business for $2.3bnThe oil and gas company founded by the former boss of Centrica, which owns British Gas, has confirmed that it will be sold to Italy’s Eni for almost $5bn (£3….
Announcement comes after Divina de Campo joined host of nominees and judges who pulled out of the eventThe British LGBT Awards have dropped sponsorship deals with Shell and BP after nominees and judges began pulling out of the competition.Amid the late…
Church pension and endowment funds shed holdings after U-turns by BP and ShellThe Church of England is divesting from fossil fuels in its multibillion pound endowment and pension funds over climate concerns and recent U-turns by oil and gas companies.T…
Sarah Finch’s challenge to plans to allow oil well hinges on wider environmental impact of fossil fuels Climate campaigners have begun a supreme court challenge to plans to drill for oil in Surrey, in a case they hope could set a precedent restricting …
Speech in Scotland shows willingness to face energy dilemma head-on, but green groups say fossil fuel end date must come soonScotland was a brave choice as the venue for the launch of Keir Starmer’s new energy and climate policy. Back in March, Rishi S…
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RT: IEA warns of possible oil shortage
Global demand will rise by 6% between 2022 and 2028, according to the energy watchdog The International Energy Agency (IEA) has raised its outlook for world oil demand to a …
Some wealthy Western states and climate-afflicted island nations have been pushing for a phase out of fossil fuels, while resource-rich countries have campaigned to keep drilling.
Environmental activists sued EPA to update regulations, after thousands of people sickened from Deepwater Horizon cleanupThe Environmental Protection Agency has announced more stringent rules governing offshore oil spill response, amid continuing conce…
Environmental groups criticise revision of law that would have banned installation of gas and oil systemsThe German government has staved off a power battle that threatened to cause the ruling coalition to implode after finally agreeing an 11th-hour am…
Wael Sawan prioritises shareholder payouts, setting out plan to keep oil production steady until 2030Shell has abandoned plans to cut oil production each year for the rest of the decade, in a shift in approach to firmly target fossil fuels and increase…