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Oil

  • Thursday, 18 July, 2024
    War in Ukraine
    UK targets more Russian-linked oil tankers with sanctions

    Western officials believe the strategy is proving effective in undermining Moscow’s ability to export crude

    An oil tanker in Novorossiysk, Russia
  • Thursday, 18 July, 2024
    Taiwan
    Taiwan targets North Korean oil smuggling

    Taipei seeks to ‘close loopholes’ in terrorism financing law that undermined UN sanctions

    An employee rides a bicycle at the Kao Ming Container Terminal at the Port of Kaohsiung in Taiwan
  • Monday, 15 July, 2024
    Andrew Gilmour
    Risks of violent conflict will rise as the green transition picks up speed

    Governments should ensure that expanded use of renewable technologies goes hand in hand with peacebuilding

    A Nigerien police officer stands guard at a market near the Diffa airport in South-East Niger, near the Nigerian border, on December 23, 2020
  • Friday, 12 July, 2024
    Personal Finance
    Directors’ Deals: Serica paints gloomy picture but CEO is buying

    Energy industry’s fears over the new Labour government have not stopped new leader Chris Cox taking a stake

    Silhouette of oil platform at sunset
  • Thursday, 11 July, 2024
    Labour party UK
    Labour considers ban on new North Sea licences in pipeline

    The UK government has also pulled support from a Cumbrian coal mine

    A North Sea oil platform
  • Wednesday, 10 July, 2024
    COP29
    Azerbaijan to start climate fund with $500mn of oil money

    COP29 host intends to launch venture with contribution from state company

    Azeri President Ilham Aliyev
  • Wednesday, 10 July, 2024
    BP PLC
    BP raises forecasts for oil and gas demand as clean energy switch slows

    Oil major warns delay in transition could be ‘costly’ in its annual outlook

    Oil pumpjacks in California
  • Wednesday, 10 July, 2024
    FT GuidesClimate tech explained
    Sustainable aviation fuels

    Aircraft travel is perhaps the hardest human activity to decarbonise. Used cooking oil is part of the solution

    An illustration shows a person standing on a step ladder, pouring a green liquid from a bottle into the fuel tank of an aeroplane
  • Tuesday, 9 July, 2024
    LexBP PLC
    BP’s hit shows European refining remains a miserable business Premium content

    UK group is not the first oil major to cut its refining footprint, and it will not be the last

    BP logo
  • Tuesday, 9 July, 2024
    BP PLC
    BP warns profits likely to be lower than expected

    Group blames fall on lower margins in refining business and ‘weak’ oil trading performance

    Chimneys and smokestacks at BP’s refinery in Gelsenkirchen, Germany
  • Tuesday, 9 July, 2024
    News in-depthSaudi Aramco
    World’s largest oil company bets on the enduring power of petrol

    Saudi Aramco says combustion engines will be around for ‘very, very long time’ after Horse Powertrain investment

    A Horse Powertrain engine
  • Monday, 8 July, 2024
    Oil & Gas industry
    Hurricane Beryl strikes at heart of US energy industry

    Category one storm hits Houston, leaving millions without power and killing two people

    A vehicle abandoned in flood water on a highway after Hurricane Beryl swept through Houston
  • Monday, 8 July, 2024
    Moral Money
    Oil industry eyes petrochemicals profits amid uncertain fossil fuel demand Premium content

    Companies from the US to the Gulf are jostling for petrochemicals market share

    Pipes and tanks at an oil refinery
  • Monday, 8 July, 2024
    Bernard Looney
    Bernard Looney plots Abu Dhabi comeback from BP scandal

    Adnoc’s Sultan al-Jaber has discussed projects with ex-CEO following exit from oil major

    A montage of the images of Bernard Looney and Sultan al-Jaber
  • Friday, 5 July, 2024
    LexOil & Gas industry
    Gulf oil producers go global in pursuit of natural gas Premium content

    State-owned companies still see a future for gas to fill any gaps left by renewable sources

  • Friday, 5 July, 2024
    Shell PLC
    Shell expects hit of up to $1bn on stalled biofuel plant

    Oil major paused work on Rotterdam project this week amid difficult market

    Cyclists ride past oil storage silos at the Shell Plc Pernis refinery in Rotterdam
  • Friday, 5 July, 2024
    Europe Express
    Why the EU is outraged over Orbán’s trip to see Putin Premium content

    Also in this newsletter: Germany and Turkey locked in diplomatic spat over a hand gesture

    Hungarian Prime Minister Viktor Orbán and Russian President Vladimir Putin meeting in October 2023 in Beijing
  • Thursday, 4 July, 2024
    Energy Source
    ‘We don’t see a pathway’ to coal phaseout by 2030, says US utility Premium content

    Also in today’s newsletter, a new report casts doubt on clean hydrogen’s role in the power sector

    A coal plant
  • Wednesday, 3 July, 2024
    Oil prices rally as peak driving season gets under way

    Brent crude has risen about $10 a barrel since early June as US stockpiles dwindle

    A man pumps gasoline into a vehicle at a filling station in Calabasas, California
  • Tuesday, 2 July, 2024
    LexBiofuels
    The biofuels growth engine has stalled Premium content

    Current market is in gridlock, with governments flip-flopping on green targets

    Fuel tankers in a Shell refinery in the Netherlands
  • Tuesday, 2 July, 2024
    Shell PLC
    Shell pauses construction at one of Europe’s biggest biofuels plants

    Work on energy transition project in Rotterdam will be further delayed

    A woman cycles past the Shell Pernis site in Rotterdam
  • Sunday, 30 June, 2024
    News in-depthOil & Gas industry
    Pipeline battle shows how legal strife is clogging US energy development

    Williams set to escalate dispute with rival Energy Transfer through lawsuit for ‘anti-competitive’ actions

    A Williams storage tank
  • Friday, 28 June, 2024
    News in-depthAgricultural commodities
    Soaring olive oil prices hurt sales of ‘liquid gold’ in Mediterranean heartland

    Poor harvests hitting production have forced up the cost of key ingredient

    Bottles of olive oil and sunflower oil on a grocery shelf
  • Friday, 28 June, 2024
    Moral Money
    Oil spill highlights risks of Singapore’s marine ambitions Premium content

    Also in today’s newsletter, US shareholder meetings show a mixed picture on sustainability

    A man working with a vacuum pump in oily water
  • Thursday, 27 June, 2024
    Oil & Gas industry
    North Sea tax regime as complex as a ‘war zone’, warns oil group

    Serica ‘actively’ looking overseas ahead of potential increase in UK government’s windfall levy on producers

    A North Sea oil platform off the coast of Scotland
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