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Bill that aims to reduce plastic packaging by 30% in 12 years faces staunch opposition by some business interests The oil and petrochemical lobby is attempting to fend off a New York state proposal to slash plastic waste by arguing that it will disprop…
Oil price increase likely to add 5p to petrol and diesel over the next couple of months, expert saysBusiness live – latest updatesBritons are braced for higher prices at the pumps, after a rise in oil prices caused by the conflict between Israel and Ir…
Rolling coverage of the latest economic and financial newsMiddle East crisis live: Iran and Israel trade attacks amid reports Tehran could be seeking talksIran and Israel crisis: what does it mean for the price of oil?Over at the Paris Air Show, a row …
Brent crude hits highest level since April while airline shares slide amid escalation of conflict in Middle EastThe price of oil and gold has soared and stock markets have fallen after Israel’s strikes against targets in Iran.The escalation of the conf…
Sale covering 56,000 square miles set to go ahead despite opposition from Indigenous and environmental groupsThe Brazilian government is preparing to stage an oil exploration auction months before it hosts the Cop30 UN climate summit, despite oppositio…
Other measures include greater restrictions on ‘shadow fleet’, banks and Nord Stream investmentBusiness live – latest updatesThe EU executive has called for lowering the price cap on Russian oil as it seeks to tighten energy and financial sanctions aga…
With Nigel Farage targeting net zero, could government policy change to protect jobs, revenue and votes?It was inevitable that Nigel Farage would take Reform UK’s campaign tour to Aberdeen. On a visit to the capital of the UK’s oil and gas industry on …
Norway will set up state payment scheme for families of 123 men killed in Kielland disaster, but some feel it comes too late“I think we all feel like we’ve had a bit of a weight lifted off our shoulders,” said Laura Fleming after an important milestone…
Parliament backs scheme for relatives of 123 men who died in worst disaster in Norway’s waters since second world warForty-five years after the Alexander L Kielland oil rig capsized in the North Sea, Norway’s parliament has voted to set up a compensati…
Misti Leon argues fossil fuel companies’ climate negligence caused her mother’s death during a heatwaveA Seattle woman has brought the first-ever wrongful death lawsuit against big oil, claiming fossil fuel companies’ climate negligence caused her moth…