Petroleum products

Business

Unlikely bedfellows: Castrol deal draws private capital into industry

The deal reflects a shift in how investors view businesses like Castrol — less as consumer brands, and more as industrial infrastructure embedded in the global economy.

25/12/2025

Serbia

US sanctions Serbia's main oil supplier over Russian-majority control

The measures, which Washington has postponed six times, could lead to fuel shortages and price increases in Serbia.

09/10/2025

Markets

European gas prices spike to 2-year highs as storage levels falter

European gas prices have surged 30% in the past month as colder weather, weak renewables, and supply concerns strain storage levels, now at their lowest since 2022. With refilling costs rising, Germany is weighing subsidies, while markets watch for potential Russian gas flows.

11/02/2025

Europe in Motion

Where does the EU stand on trading goods with Russia?

As the EU reduces its reliance on Russia, recent figures show that exports to the country have fallen by 58%, while imports have dropped by 86%, particularly for nickel and petroleum oil.

27/11/2024

Business

VW electric car sales plunge: Why are Europeans returning to petrol?

Sales of Volkswagen electric vehicles in Europe fell by almost a quarter in the first three months of the year as consumers returned to petrol.

11/04/2024

World News

Euroviews. Are electric cars still cheaper to run than petrol and diesel?

The short answer is yes. But there are big differences from one country to the next, Fabian Sperka writes.

24/07/2023

Health news

Gas stoves can emit chemical linked to blood cancers, study finds

Home cookers raise levels of benzene, a chemical linked to a risk of cancers of the blood cells, to well above "health benchmarks".

19/06/2023

Earth News

NZ climate activist risks 10 years in jail for fake letter

Penwarden claims the fake letter was never intended to deceive or be believed, but that it was a “satirical protest.”

15/06/2023

Ecotech

E-fuels: Are these synthetic fuels a good alternative to electric cars

These synthetic fuels are theoretically carbon neutral and are being championed by some in the automotive industry as an alternative to electrification.

13/04/2023

Earth News

France becomes the first European country to ban fossil fuel adverts

The new law is the first of its kind in Europe but some have argued that it allows companies too much leeway to continue advertising.

24/08/2022

World News

Reduce consumption to avoid crippling oil supply crunch, says IEA

The International Energy Agency has unveiled a 10-point plan to rapidly cut back global oil use, in the wake of Russia's invasion of Ukraine.

18/03/2022

USA

Biden announces Russian fossil fuel import ban, UK follows suit

Only 8% of the US oil and petroleum imports came from Russia in 2021, and the country doesn't import any natural gas from Moscow at all.

08/03/2022