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Petrol production hit and full extent of damage unknown after ‘unprecedented’ fire at Viva plant in CorioFollow our Australia news live blog for latest updatesGeelong oil refinery fire: what we know so farGet our breaking news email, free app or daily …
Citi analysts upgrade profit forecast by 20% to $2.6bn for January to March despite flat oil and gas productionBusiness live – latest updatesBP expects to post “exceptional” earnings from its oil trading desk, reaping a windfall from choppy energy mark…
Meg O’Neill to return to upstream and downstream divisions after oil major’s costly foray into green energyBP’s new boss has set out plans to reinstate the company structure the fossil fuel supermajor ditched six years ago as part of its failed attempt…
Iran warns Americans they face higher pump prices due to prohibition imposed on Monday eveningMiddle East crisis – live updatesThe US blockade of ships using Iranian ports in the Gulf has come into effect, turning the six-week-old conflict between the …
US president’s previous threat to block strait of Hormuz had led to a 6.9% increase in earlier tradingExplainer: strait of Hormuz blockadeOil prices have fallen back after briefly rising to above $100 a barrel as Donald Trump claimed Iran had made cont…
Hundreds of officers deployed to regain control of O’Connell Street on sixth day of protests by farmers and hauliersPolice have cleared a blockade of central Dublin by farmers and hauliers who were protesting about fuel prices, signalling a possible en…
Oil prices and borrowing costs are expected to rise this week as tankers remain stranded in Persian gulfMiddle East crisis live – latest updatesThe failure of the US and Iran to reach a peace deal after marathon negotiations has put markets on alert fo…
Iran war drives demand for solar panels, heat pumps and EVs, with energy bills expected to rise 18% from JulyBritish households are turning to green home energy upgrades in record numbers to try to keep bills down as the Iran crisis sends global oil an…
Irish drivers told to buy only fuel they need as filling stations run out and hauliers and farmers block motorways in fourth day of actionMiddle East crisis live – latest updatesProtests over fuel prices have caused chaos in Ireland and spread to Norwa…
Prime minister says conversation with US president on Thursday night focused on need for ‘practical plan’ to open strait of HormuzTony Blair, the former Labour prime minister, has joined those saying the government should allow drilling for oil and gas…