Policy uncertainty and Labour’s levy plans threaten fall in production and jobs in ageing oil basin, executives warn
Plus oil and the dollar
The drive to replace Russian gas has led to surging global demand but American export projects face growing hurdles
Texas-based company has signed new contracts and recruited hundreds of staff despite the war in Ukraine
New technology may potentially bring billions of additional barrels of oil and gas within reach of producers
Brent prices slip as watchdog predicts slowing demand growth in 2024
Energy companies have been mothballing plants and furloughing workers amid biodiesel oversupply
US buyout group has held talks with investment banks as it prepares for potential sale process expected to start next year
Increased risk and lack of price incentives diminish appeal of the country’s facilities
Returning to the reserve levels of his previous presidency would mean US buying nearly 300mn barrels
Australian bank is championing the renewables revolution but has yet to abandon its support for the oil and gas sector
Dividend of world’s largest oil company has been growing at an annual pace of 30%
The International Energy Agency forecasts that the world will reach peak oil in 2029. Oil companies accuse it of playing climate politics
Sidara walks away from deal because of ‘geopolitical risks and financial market uncertainty’ as broader market sells off
Australian group’s quick second deal for US assets comes as Nassef Sawiris continues with OCI break-up plan
Relocation is the latest in a wave of defections from companies lured to Lone Star State by lower taxes and lighter regulation
Delay of arbitration hearing until next year exacerbates tensions between leading US oil companies
Viktor Orbán’s government defies EU pressure to reduce reliance on fossil fuel from Moscow
European Commission rejects complaints that Ukrainian sanctions on Lukoil threaten security of supply
Lacklustre Chinese demand helps push copper down around 20% from record high, while other base metals and corn also fall
Gas, crude and power prices have dropped back and stabilised to levels before Ukraine war, notes Wael Sawan
Can the new $20bn Dangote refinery and ending fuel subsidies help to transform the economy?
Commodity trader buys half of Varo Energy’s $600mn Dutch project
Fossil fuel extractors emit enough methane to meet the annual energy needs of more than half of American homes
Cartel should help members through an energy transition that will be devastating for many oil producers
