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Business

BP boss quits over relationships with colleagues

The CEO of UK energy giant BP has resigned after he accepted that he was not “fully transparent” in his disclosures about past relationships with colleagues.

13/09/2023

Green News

EU reliance on fossil fuels falls to record low, report reveals

Fossil fuels generated just 33% of the EU’s electricity in the first six months of this year.

31/08/2023

Green News

Uganda’s oil boom threatens sacred natural sites

As oil activities encroach on sacred natural sites, this small Ugandan community feels besieged.

24/08/2023

No Comment

Greenpeace covers UK premier's house in black fabric

Greenpeace's protest action comes after the British premier approved hundreds of new oil and gas licences in the North Sea.

03/08/2023

Green News

UK: How did a low emissions zone become a political hot potato?

New oil and gas licences have been described as “the final nail in the coffin for any suggestion that the UK is a climate leader.”

01/08/2023

Green News

EU to push for an end to ‘unabated’ fossil fuel use at COP28

The EU wants governments to commit to more renewables, improve energy efficiency and give up fossil fuels for good.

13/07/2023

United Kingdom

Cricketer carries Just Stop Oil protester off Lord's Cricket Ground

The environmental group has accused the industry of being hypocritical and "trying to promote a clean image".

29/06/2023

Green News

UK ‘lack of urgency’ on climate targets is worrying, report warns

A report from official government advisers has criticised slow progress and the approval of new oil and gas projects.

28/06/2023

Green News

Why shutting down fossil fuels is unlikely to make you poorer

Shutting down fossil fuels will have negligible financial impact on ‘vast majority’, study finds.

23/06/2023

Europe News

EU imports of Russian oil plunge by 90% as a result of sweeping bans

It's official: the European Union is no longer the top client of Russian oil.

19/06/2023

Austria

Saudi Arabia cuts production to boost oil prices

Saudi Arabia, an OPEC heavyweight, decided on Sunday to make a further cut in production in the hope of boosting slumping oil prices, against an economic backdrop overshadowed by the war in Ukraine.

04/06/2023

Austria

OPEC+: Riyadh to reduce oil output, others to extend previous cuts

In order to keep crude oil prices stable on the world market, the OPEC+ countries, including heavyweight Russia, have agreed to maintain previous production cuts through 2024, while Saudi Arabia cuts output by 1 million barrels per day.

04/06/2023

Austria

OPEC+ members meet in Vienna to discuss oil production strategy

The OPEC+ countries discuss their current production strategy in Vienna. New oil production cuts could result from the meeting as signs of discord between top crude oil producers Saudi Arabia and Russia set the tone of the talks.

03/06/2023

Green News

Solar investment set to eclipse oil for the first time ever

Spending on clean energy technology has soared, in part due to the global energy crisis.

26/05/2023

Green News

Breakthrough: Australia passes law capping oil and gas emissions

Australia ‘safeguards’ the future with new law capping emissions from oil and gas.

30/03/2023

Saudi Arabia

Saudi oil giant Aramco reports record profit of €151 billion for 2022

Aramco is the latest energy company to announce record earnings in 2022, helped by soaring energy prices following Russia's war in Ukraine.

12/03/2023

Green News

EU agrees to push for the global phaseout of fossil fuels

The EU has laid out its climate and energy priorities ahead of COP28 in November.

10/03/2023

Green News

Why did governments spend €900bn on fossil fuel subsidies in 2022?

The International Energy Agency has urged world leaders to spend money on clean energy solutions rather than fossil fuel subsidies.

20/02/2023

United Kingdom

UK energy company BP's profits double in 2022

British energy supermajor BP has reported record annual earnings, fueling demands that the UK boost taxes on companies benefiting from the surge in energy prices.

07/02/2023

Europe News

EU ban on Russian oil imports comes into force

The EU and G7 countries have also expanded the existing price cap on Russian crude oil to include all refined products.

06/02/2023