£5.5bn loss in 2023 comes after gas sales more than halved following Russia’s invasion of Ukraine The Kremlin-owned gas company Gazprom has plunged to its first annual loss in more than 20 y...
Group of major shareholders plans to table resolution, accusing company of watering down climate pledge Shell will shower its shareholders with another $3.5bn (£2.8bn) in share buybacks over t...
Use of enclosed combustors leaves regulators heavily reliant on oil and gas companies’ own flaring data Oil and gas equipment intended to cut methane emissions is preventing scientists from a...
Ali died of cancer last year. He was 21, and had to live in the choking smoke of the Rumaila oilfield A year has passed since my beautiful boy Ali Julood died. Not a day goes by when I do not t...
Fossil fuel and petrochemical campaigners at Ottawa summit outnumber scientists, EU and Indigenous delegates The number of fossil fuel and petrochemical industry lobbyists has increased by more...
Increase in cost of crude could drive inflation up and force central banks to keep interest rates high • Business live – latest updates A serious escalation of tensions in the Middle Eas...
Broad terms of subpoenas a ‘chilling’ precedent that could undermine future climate litigation, legal experts say Get our morning and afternoon news emails , free app or daily news podcast ...
£2.2bn-worth of oil processed in China, India and Turkey – to whom Russia supplies crude – was imported in 2023, data shows The UK has been accused of “helping Russia pay for its war on ...
Norway’s KLP and the UK’s LGIM among those who say they have concerns over energy giant’s carbon transition goals Follow our Australia news live blog for latest updates Get our morning and...
Rolling coverage of the latest economic and financial news Although European stock markets certainly aren’t in a full-blooded plunge, yet anyway, the main indices are all in the red – follo...
Foreign minister warns of environmental catastrophe in Baltic Sea as he accuses Moscow of using unseaworthy vessels Russia appears prepared to create “environmental havoc” by sailing unseaw...
In the UK, anxiety over the crisis after Iran’s missile strike on Israel drives down UK shares An escalating Middle East conflict risks leading to higher oil prices, a reversal of the recent...
Prices have fallen but an escalation could spark a rise, with knock-on effects in a big election year Investors are on high alert as they await Israel’s response to Iran’s attack. However, ...
https://www.theguardian.com/business/2024/apr/15/what-next-oil-prices-iran-israel-middle-east
Brent crude dips to $90 per barrel as markets monitor Israel-Iran, while 14,000 jobs could be cut at Tesla Middle East crisis live: Israel calls for new sanctions on Iran at heated UN security co...
Company is fighting Dutch court ruling that says it must emit 45% less CO2 by 2030 than in 2019 Shell has argued that it “lobbies for, not against, the energy transition” on the final day o...
Adnoc decided move was not right fit but it is latest sign of foreign buyers circling UK firms Abu Dhabi’s state-owned oil company reportedly recently explored a multibillion-pound bid for BP...
The biggest company on the market is threatening to leave. That is a different order of seriousness than seeing Flutter and CRH flee Last July, Wael Sawan, the chief executive of Shell, told th...
Ben van Beurden says company is undervalued in UK and US investors are ‘more positive’ about fossil fuels Business live – latest updates Shell’s former chief executive has stoked fears...
https://www.theguardian.com/business/2024/apr/09/shell-oil-list-new-york-ben-van-beurden
Live, rolling coverage of business, economics and financial markets as Fitch downgrades debt of parent of water company, saying default is likely TIM MOORE, economics director at S&P GLOBAL MAR...
Investigation reveals project oil giant promoted may never leave drawing board and has received no licence or government support Motorists concerned about the impact on the planet of petrol and...