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Markets

What could shape the markets in 2025? Here’s what the analysts think

After a year of new records on the stock market, 2025 is expected to bring more rallies. But what are the key factors that could move market sentiment in the new year?

Azerbaijan

Al Gore calls for reform of COP climate process

Former US vice-president now climate campaigner Al Gore said it is 'absurd' that the presidency of the UN climate talks is being repeatedly handed to petrostates, in an exclusive interview with Euronews.

Business

Shell wins landmark climate case - what does it mean for investors?

The current court decision does not mean that the oil giant will turn away from its green targets, but it will mean Shell can continue its present level of drilling.

Markets

Oil prices hit as Trump signals increasing support for more drilling

US President-Elect Donald Trump's enthusiasm for more oil drilling in the US is causing increasing volatility in oil prices, as investors worry about the possibility of oversupply.

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Business

TotalEnergies' profits hit by lower refining margins in Europe

French energy company TotalEnergies announced its third quarter results, posting a sharply lower net profit, as its European refining margins continued to suffer.

Business

BP bows to investor pressure as it abandons plans to cut oil output

BP has been facing increasing pressure from investors and stakeholders to cut down its green ambitions and to stay within the more profitable fossil fuels sector. Environmental groups are angry.

Business

ING pledges to stop financing new upstream oil and gas projects

ING says it would no longer be offering finance to pure-play oil and gas companies for explorations or developments in new fields, as part of its move to help support the transition to green energy.

Business

Sanctioned Russian oligarchs bag stake in UK’s biggest oil company

Investment firm LetterOne, owned in part by sanctioned Russian oligarchs Petr Aven and Mikhail Fridman, has acquired a minority stake (14.87%) in Harbour Energy, which is the UK’s biggest oil and gas company with operations in Norway, Southeast Asia, Germany, North Africa and Argentina.

Green News

Ecuadorians demand government honour vote to stop Amazon oil drilling

Supporters were jubilant last year when almost 60 per cent of voters supported the referendum on ending drilling.

Business

Could Britain's soaring taxes push energy companies to Norway?

UK taxes on oil and gas profits have risen from 40% to about 78% in the past three years, prompting several energy companies to think about pulling out of the country.

Green News

Australia’s largest bank pulls funding for fossil fuel companies

CBA has explained that they will stop financing fossil fuel companies that don’t comply with climate goals set out by the Paris Agreement.

Markets

Crude oil rebounds amid rising demand and Middle East tensions

Crude oil prices saw a sharp rebound after hitting a six-month low on Wednesday. Rising demand and ongoing conflict in the Middle East are driving the price increase.

Markets

Norwegian tourism gets boost as weaker Kroner draws visitors

The depreciation of the Norwegian kroner has made the famously expensive Nordic country a more affordable destination for tourists, increasing spending and benefiting local businesses.

Business

Italian energy giant Eni reveals oil and gas expansion plans

The company says it is continuing to expand its oil and gas projects in the Republic of Congo and Ivory Coast.

Business

TotalEnergies profit declines on reduced demand for refined products

TotalEnergies also announced a tie-up with a German renewable energy company RWE for OranjeWind, an offshore wind farm in the Netherlands.

Business

BP halts hiring new staff and puts break on renewable energy plans

BP has revealed that this move was mainly due to increasing discontent amongst investors about the company’s green transition strategy.

Culture news

3,300-year-old ship and its cargo discovered deep in Mediterranean

The ship’s location, far from land, suggests that ancient mariners had developed far more sophisticated navigation techniques than previously believed.

Business

Chevron calls a halt to North Sea drilling as energy tax burden climbs

Chevron becomes the latest energy company to pull out of North Sea operations because of the continuing controversy over the "windfall" tax on energy giants.

Business

Eni divides oil and gas and green energy projects in new finance plan

The aim of the move is to attract more investment by allowing both fossil fuel and renewable energy investors to invest solely in their preferred projects, without any crossover of funds.

Green News

How a Shell plant registered millions of ‘phantom’ carbon credits

Canadian taxpayers covered 93 per cent of the costs of the Quest carbon capture project, a Greenpeace report reveals.