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October 14, 2025

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oil

Russia Pays the Price as Ukraine Targets Its Oil Refineries

OPINION — Following Russia’s full-scale invasion in 2022, Vladimir Putin expected a swift victory from his “special military operation.” Instead, it is Kyiv now conducting special air campaigns against Russia’s oil and gas industry. Ordinary Russians …

September 11, 2025
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Green energy entrepreneur calls on UK to subsidise North Sea oil and gas firms

Dale Vince urges ministers to ‘optimise’ resources in fossil fuel basin to help smooth transition to renewablesOne of Britain’s leading green industrialists has called on the government to offer subsidies to North Sea oil companies to help support a “j…

September 11, 2025
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Shell scraps construction of biofuels plant in Rotterdam

Oil firm, which paused project in 2024, will not restart work because facility deemed ‘insufficiently competitive’Shell has axed the construction of its biofuels plant in the Netherlands, ending what would have been one of the biggest converters of was…

September 3, 2025
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China drilling for oil and gas inside Taiwan’s exclusive economic zone

Exclusive: Experts say the move could be part of Beijing’s ‘greyzone’ grab for disputed territoryChina is drilling for oil and gas inside Taiwan’s exclusive economic zone (EEZ), a move that analysts believe is likely part of Beijing’s unilateral grab f…

September 2, 2025
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Tories would maximise North Sea oil and gas extraction, Badenoch to say

Conservative leader says it is ‘absurd’ to shift away from fossil fuels and leave ‘vital resources untapped’The Conservative party will aim to “maximise extraction” of oil and gas in the North Sea if it wins power, Kemi Badenoch has pledged.The Tory pa…

August 31, 2025
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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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