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Policy body calls for western-backed investigation into oil officials known to be at heart of illegal enterpriseA surge in state-sanctioned fuel smuggling between 2022 and 2024 cost the Libyan people about $20bn (£15bn) in lost revenue – an alarming su…
Policy body calls for western-backed investigation into oil officials known to be at heart of illegal enterpriseA surge in state-sanctioned fuel smuggling between 2022 and 2024 cost the Libyan people about $20bn (£15bn) in lost revenue – an alarming su…
Australia stopped buying fuel directly from Russia after its invasion of Ukraine but has imported more than 3m tonnes of its oil products since 2023Get our breaking news email, free app or daily news podcastMillions of tonnes of Russian oil have been t…
DEEP DIVE – By any traditional definition, the city of Ryazan doesn’t belong on a list of battlegrounds in the Ukraine war. There are no Ukrainian soldiers or tanks deployed there, and it’s in western Russia, roughly 600 miles from the active front li…
Oil firm asks court to block enforcement of laws that would require disclosure of planet-heating carbon emissionsExxon, an oil firm consistently ranked among the world’s top contributors to global carbon emissions, is suing the state of California over…
North Sea contractor says move applies only to its ultimate holding company and it will continue to tradeBusiness live – latest updatesPetrofac, one of the biggest North Sea oil and gas contractors, has filed for administration, putting more than 2,000…
Analysts say president’s war on Russia’s fossil fuel revenues is a chance to bring peace to Ukraine and profit to USDonald Trump’s stated mission to broker peace in Ukraine could come down to this simple question: can the US president convince the worl…
I met with Venezuela’s President Hugo Chávez just days after he was kidnapped. I’ll tell you about that, and the current President Nicolás Maduro’s visit to my New York office. But first you must know three things about Venezuela, to understand why Do…
China and India likely to scale back Russian oil imports as Trump tries to bring an end to war in UkraineVladimir Putin has said Russia will never bow to US pressure but conceded new sanctions could cause some economic pain, as China and India were rep…
National Petroleum Reserve lease sales and permitting for road through Izembek wildlife refuge were also approvedThe Trump administration has approved more oil and gas drilling across Alaska’s Arctic national wildlife refuge (ANWR), prompting widesprea…