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Job losses expected as leading operator cites ‘challenging macro environment’ for energy industry
Luxury carmaker’s shares have trebled in value in eight months
It should reduce downside risk for the E&P and for lenders, but its impact may end up being marginal
Levy will only apply if prices rise above a certain level in effort to boost North Sea investment
‘A big fight’: potential new fossil fuel source causes rift in Lula government after green pledges
New Brunswick company controls country’s largest petroleum refinery and other fuel assets
UK group needs an international deal to reduce dependence on domestic market
Advertising Standards Authority finds oil and gas groups had misled public on climate benefits of their products
Also in today’s newsletter, a look at how ESG funds are performing versus their fossil fuel rivals
After three production cuts in eight months, it might be time for the organisation to take a breath
Russian crude trades $20 below benchmark prices and friendly refiners in countries such as India and China are slurping it up
Opec+ members agree new deal which will reduce quotas for weaker African states
The oil and gas company and its chief executive are at the centre of a debate over political influence on the economy
Barring of journalists from this weekend’s Opec+ meeting underlines Prince Abdulaziz’s tempestuous reputation
War-torn country has largest underground storage facilities in Europe
Also in today’s newsletter, senator from coal-rich West Virginia in the spotlight
Rush to stock up fuel causes long queues at service stations and immediate scarcity
Annual meeting votes highlight differences between investors at US and European oil companies
Reuters, Bloomberg and Dow Jones are denied invitations in decision driven by Saudi Arabia’s energy minister
Tree Energy Solutions says Washington’s Inflation Reduction Act has accelerated the methane project
Also in today’s newsletter, reports of the death of Canada’s oil sands are greatly exaggerated
Union says it would be self-defeating for the UK to abandon domestic production
Expect anger at the sector’s finances to take a long time to burn out
A growing number of western politicians are concerned this year’s UN climate summit in the UAE will be too beholden to the oil and gas industry
Over 30% back activist motion against French oil group at annual meeting as police use tear gas against protesters
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