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Oil

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  • Friday, 1 July, 2022
    Oil & Gas industry
    Biden administration floats new oil leasing plan in Gulf of Mexico

    Details of scheme come as US president contends with voter dismay over high petrol prices and rising inflation

  • Friday, 1 July, 2022
    Petroleos Mexicanos
    Mexico presses ahead with multibillion-dollar bet on fossil fuels

    Formal opening of Pemex’s Dos Bocas refinery heralded a landmark by president despite questions over profitability

  • Friday, 1 July, 2022
    LexShell plc
    Russia/Sakhalin-2: nationalisation sends message to Shell and its peers Premium content

    Russia does not want Shell to remain a phantom shareholder, providing no capital or operational expertise

  • Friday, 1 July, 2022
    Indian business & finance
    Indian oil refiners hit by export taxes on fuel exports

    Government accuses companies of raking in profits while domestic supply has dipped

  • Friday, 1 July, 2022
    Russian business & finance
    Putin orders transfer of Sakhalin-2 gas project to Russian entity

    Development in which Shell, Mitsubishi and Mitsui are stakeholders is first to be nationalised since Ukraine invasion

  • Friday, 1 July, 2022
    War in Ukraine
    Ukraine energy chief urges European leaders to stay course over Russia war

    Head of Kyiv-based Naftogaz says the west must hold firm in the face of economic pain and rising fuel prices

  • Friday, 1 July, 2022
    The Commodities NoteSam Laidlaw
    Simple changes to the UK energy levy can help restore confidence

    Chancellor should clarify a time limit on the measure and refine investment allowances

  • Thursday, 30 June, 2022
    Gazprom OAO
    Gazprom shares plunge 25% after dividend blocked

    Russian state-backed gas group had proposed record payout

  • Thursday, 30 June, 2022
    Energy sector
    Seized Gazprom division to keep paying bonuses after €10bn German bailout

    New boss says rebranded company is ‘back in town, ready to resume our business’

  • Tuesday, 28 June, 2022
    ExplainerWar in Ukraine
    How the G7 countries plan to hurt Russia’s oil bonanza

    Leaders want insurers to become the effective enforcers of a price cap mechanism

  • Tuesday, 28 June, 2022
    UK energy
    Rishi Sunak cooling on windfall tax on UK electricity generators

    Government worried about ‘perverse consequences’ of applying policy including risk of losing investment

  • Tuesday, 28 June, 2022
    LexOil & Gas industry
    Russia/energy price cap: complex plan may not be needed Premium content

    Tracking the provenance of refined fuel exports could make any such move devilishly hard

  • Tuesday, 28 June, 2022
    G7
    G7 to explore caps on energy prices to curb Russian revenues

    Pledge to ease economic pressure and punish Moscow ‘very ambitious’, says German chancellor Olaf Scholz

  • Tuesday, 28 June, 2022
    Energy Source
    The indefatigable rise of petrol prices Premium content

    Plus, limited US refining capacity means more crude is being sent abroad

  • Monday, 27 June, 2022
    InterviewExxon Mobil Corp
    ExxonMobil chief predicts continuing surge in oil markets

    ‘It’s a question of how high prices eventually rise’ to spur investment, says Darren Woods

  • Monday, 27 June, 2022
    LexG7
    Russia/sanctions: G7 seeks more damage to the war machine, less to its own economies Premium content

    Europe has halved its reliance on Russian gas but it is running out of short-term fixes

  • Monday, 27 June, 2022
    Gideon Rachman
    Why the US could be the real winner in the energy wars

    Russia can squeeze the west in the short term but it is losing its position as an energy superpower

  • Monday, 27 June, 2022
    News in-depthSouthwest Airlines Co
    ‘We will humble them’: four fuel traders took on Wall Street and saved $1.2bn

    Few airlines hedge against surging oil prices but Southwest’s small team has shown the benefit

  • Monday, 27 June, 2022
    Inside BusinessAndrew Edgecliffe-Johnson
    US companies face rising battle to fend off vilification over ‘excess’ profits

    Americans’ belief that price gouging is driving high inflation shows that faith in business is fragile

  • Monday, 27 June, 2022
    News in-depthOil & Gas industry
    Philippines tycoon targets control of nation’s biggest gasfield

    Enrique Razon seeks to buy stake in offshore project from presidential ally Dennis Uy

  • Sunday, 26 June, 2022
    War in Ukraine
    G7 aims to hurt Russia with price cap on oil exports

    Talks on curbing Moscow’s energy profits to continue on Monday as India and others join Bavaria summit

  • Sunday, 26 June, 2022
    News in-depthEU energy
    European energy crisis reignites debate over closure of Groningen reserve

    Russia’s war in Ukraine could force rethink of plans to end production at Europe’s largest gasfield despite its link to earth tremors

  • Thursday, 23 June, 2022
    UK business & economy
    UK oil and gas producers warn Sunak over windfall tax

    ‘Candid’ meeting with N Sea groups hears levy could force cancellation of projects and deter investors

  • Thursday, 23 June, 2022
    EU energy
    Germany moves closer to gas rationing over Russian disruption

    Berlin says the commodity has become ‘scarce’ as planned work on Nord Stream 1 threatens efforts to build stores

  • Thursday, 23 June, 2022
    Energy Source
    Why it’s getting harder to kick our fossil fuel addiction Premium content

    Plus, how much of the world’s reserves must stay in the ground to meet the Paris climate target for global warming?

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