Oil prices rose on Friday, pulling up from three-month lows, but they were still on track…
Category: Oil and gas
Oil producing nations agree deal to control prices
Oil producing nations have agreed to increase their output, with the aim of reducing prices and…
Shell: Netherlands court orders oil giant to cut emissions
A court in the Netherlands has ruled in a landmark case that the oil giant Shell…
US petrol supplies tighten after Colonial Pipeline hack
US motorists have been urged to not hoard fuel as supplies tighten due to a major…
US passes emergency waiver over fuel pipeline cyber-attack
The US government issued emergency legislation on Sunday after the largest fuel pipeline in the US…
Saudi Aramco’s profits slide nearly 45% after lower oil demand
The oil giant Saudi Aramco has announced that its profits fell sharply last year as lockdowns…
Shift to green energy ‘could cost oil states $13 trillion’ by 2040
A new report says that oil and gas producing countries face a multi-trillion-dollar hole in their…
Oil prices climb back to pre-pandemic levels
The price of oil has recovered to its pre-pandemic levels having hit an all-time low last…
Royal Dutch Shell sees huge loss as pandemic hits oil demand
Oil giant Royal Dutch Shell sank to a net loss of $21.7bn (£16bn) last year after…
Exxon plunges to first loss in decades as pandemic chokes off demand
Oil giant Exxon Mobil suffered its first annual loss in decades last year as the pandemic…
Denmark set to end all new oil and gas exploration
Denmark will end all new oil and gas exploration in the North Sea, as part of…
Ban on new petrol and diesel cars in UK from 2030 under PM’s green plan
New cars and vans powered wholly by petrol and diesel will not be sold in the…