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BBC: World Bank warns oil prices could reach $150 a barrel Oil prices could rise to more than $150 a barrel if the conflict in the Middle East escalates, according to the World Bank. A drawn-out war in the region could drive big rises i…
Exclusive: North Sea Transition Authority under fire for using lawyers to argue against publication of environmental impactThe UK’s oil and gas regulator is coming under fire from environmental groups for using lawyers to try to prevent the publication…
About 60% of oil and gas operations protected from protest due to money spent on lobbying, says Greenpeace USA reportFossil fuel companies have spent millions of dollars on lobbying and campaign donations to state lawmakers who sponsored anti-protest l…
Takeover puts Chevron head-to-head with ExxonMobile in oil-rich Guyana and US shale industryBusiness live – latest updatesChevron has announced it will buy the US fossil fuel producer Hess Corporation in a $53bn (£44bn) all-stock deal, as it seeks to i…
Costs could rise as conflict between Israel and Hamas in the Middle East worsens, Jim Chalmers warnsGet our morning and afternoon news emails, free app or daily news podcastAustralians are feeling the impact of inflation at the petrol pump with the lat…
Cancellation of summit between Joe Biden and Arab leaders raises risk of wider conflict, says analyst See all our Israel-Hamas coverageBusiness live – latest updatesOil prices rose on Wednesday after a blast at a Gaza hospital that left hundreds of Pal…
Climate activist taken away by Met police after protesters denounce meeting of fossil fuel executives and ministersGreta Thunberg was arrested after joining hundreds of protesters who gathered at a five-star hotel in London on Tuesday morning to denoun…
Analysts say traders have started to price in disruption that conflict could cause to global oil supplyBusiness live – latest updatesShell’s share price has hit a record high after concerns over the fallout from the Israel-Hamas conflict pushed up the …
Fall from 6.7% in August signals prices are still rising as higher cost of oil feeds throughHeadline inflation eased again in September, official figures are expected to show this week, while pay growth is slowing.Economists polled by Refinitiv expect …
Judges rule environmental impact in Narva-Jõesuu had not been fully assessed after activists brought caseEstonia’s supreme court has ordered the state energy company Enefit to halt construction on a shale oil plant because of the damage it will do to t…