13 h. ago Puerto Rico drops climate lawsuit after DoJ sues states to block threats to big oil

Territory’s voluntary move comes as Trump administration makes good on pledge to end lawsuits against oil and gasPuerto Rico has voluntarily dismissed its 2024 climate lawsuit against big oil, a Friday legal filing shows, just two days after the US justice department sued two states over planned litigation against oil companies for their role in the climate crisis.Puerto Rico’s lawsuit, filed in July, alleged that the oil and gas giants had misled the public about the climate dangers associated with their products. It came as part of a wave of litigation filed by dozens of US states, cities and municipalities in recent years. Continue reading...

Society

15 h. ago Oil and gas supplier says Tesla is ‘refusing to pay’ $2 million in past

Exclusive: Myriad excuses, dubious justifications and ‘constant personnel turnover’ has stymied Sun Coast Resources from being made whole, according to a civil complaint obtained by The Independent

Economics

22 h. ago Ugandan activist asks HSBC to put ‘lives before profit’ as campaigners target bank’s AGM

Patience Nabukalu, who has experienced climate-related flooding, joins protestors from around the world to deliver a letter to CEO Georges Elhedery criticising the financing of oil, gas and coal projectsAt nine years old, Patience Nabukalu was devastated when her friend, Kevin, died in severe flooding that hit their Kampala suburb, Nateete, a former wetland. Witnessing deaths and the destruction of homes and livelihoods in floods made worse by extreme rainfall has had a profound impact on her.She decided to try to bring about change – to do what she could to amplify the voices of those in the Ugandan communities worst affected by the climate crisis. Continue reading...

Economics

23 h. ago Revealed: Forecasts of greenhouse gas emissions from fossil fuels soar in Trump’s first 100 days

Tariff chaos hampers Trump’s pledge to ‘drill, baby, drill’, but analysis still shows surge in planet-heating emissions‘A ruthless agenda’: charting 100 days of Trump’s onslaught on the environmentDonald Trump’s ambitions for the US to “drill, baby, drill” for more fossil fuels have ironically been hampered by the economic chaos unleashed by his own tariffs, but the US is still on track to increase oil and gas extraction, causing a surge in planet-heating emissions, a new analysis shows.The US was already the world’s leading oil and gas power, producing more of the fossil fuels than any country in history during Joe Biden’s administration. But Trump has sought to escalate this further, declaring an “energy emergency” to open up more land and ocean for drilling and launching an unprecedented assault on environmental regulations in his first 100 days back in the White House. Continue reading...

Politics

41 h. ago SNP warned of 'catastrophic consequences' for Scottish economy if Rosebank oil plans shelved

Concerns have been raised about the financial impact of two key North Sea oil and gas developments not proceeding.

Events

46 h. ago John Swinney accuses Russell Findlay of 'barefaced dishonesty' during oil and gas clash

John Swinney has been accused of turning his back on the North Sea oil and gas sector.

Politics

50 h. ago Tesla denies board search for Elon Musk’s successor; Trump tariffs to slash growth, says Bank of Japan – business live

Live, rolling coverage of business, economics and financial markets as US electric carmaker says report board is looking for next Tesla boss is ‘absolutely false’National Grid, the FTSE 100 company that owns the UK’s electricity network, has appointed Shell oil executive Zoë Yujnovich as chief executive after the retirement of John Pettigrew.Yujnovich was until recently working at FTSE 100 oil company Shell, where she was director of integrated gas and upstream (oil production) and a member of the executive committee. She previously led the Iron Ore company of Canada, part of Rio Tinto.I firmly believe in the vital function energy companies play in driving change and creating value. On both sides of the Atlantic National Grid has an essential role to play in making energy secure, affordable and reliable for our customers and communities. I’m excited about leading National Grid as it delivers on the growth opportunities ahead. Continue reading...

Economics

60 h. ago US and Ukraine finally sign mineral deal after Donald Trump turns on Putin

The minerals deal, signed on Wednesday, will give the US privileged access to new investment projects to develop Ukraine's natural resources - including aluminium, graphite, oil and natural gas

Politics

3 d. ago My house was flooded after a pipe burst. This is the shocking reason why my insurer refused to pay out... what can I do? DEAN DUNHAM replies

My insurance claim after my house flooded has been rejected. What are my rights? Consumer champion Dean Dunham gives his advice.

Events

5 d. ago Ed Miliband's GB Energy project is branded a 'betrayal' by Labour's trade union backers over 'bonkers' curbs on North Sea oil and gas

Gary Smith, general secretary of the GMB Union, said it was 'bonkers' and 'absolute madness' to be cutting off investment into North Sea oil and gas.

Politics

5 d. ago Labour Government accused of 'closing down' Aberdeen over oil and gas jobs and 'betrayal' on GB Energy

EXCLUSIVE: GMB General Secretary Gary Smith, whose trade union donates to Labour, said the UK Government had "over-promised" on plans for the publicly-owned GB Energy.

Politics

6 d. ago Driver ‘faces off’ with Just Stop Oil protesters on ‘last day of action’

Just Stop Oil announced the group would stop direct action after it had won its demand to end new oil and gas.

Events

7 d. ago Stable lad kept waiting over a year for £275,000 winning bet has sum settled by bookie

Dylan Phelan placed an each way double on two horses, at odds of 80-1 and 125-1, which both won in April last year, but Ladbrokes refused to pay out while an investigation was ongoing

Economics

7 d. ago Supermarket deliveries could be at risk as mechanics balloted on strike action

GMB Scotland will ballot mechanics at the complex in Bellshill, Lanarkshire, on industrial action after managers refused to engage in pay talks.

Events

8 d. ago Public affairs firms in Europe enable pollution by lobbying for big oil, says analysis

Exclusive: EU Transparency Register shows law firms also among lobbyists working for fossil fuel companiesA handful of “small but dirty” public affairs and law firms in Europe are enabling pollution by lobbying extensively for big oil, an analysis has found, with most major companies in the industry working for at least one fossil fuel client.Several of the top spenders on activities to influence EU policymaking are on the payroll of oil and gas companies, according to an analysis of the EU Transparency Register by the Good Lobby nonprofit, but fossil fuel clients represent just 1% of the industry’s revenue. Continue reading...

Politics

9 d. ago Hairstylist gives girl, 11, brutal revenge cut after she arrived for appointment 'late'

A Louisiana hairstylist gave an 11-year-old girl a revenge cut after her mother refused to pay the $25 late fee.

Politics

1 week ago NatWest changes its policy over investing in oil and gas companies

Changing its language around what it can invest in raises serious questions over the bank’s formerly-pioneering green policy, campaigners say

Events

1 week ago Hedge fund Elliott turns up heat on BP with demand for deep spending cuts

US activist discloses 5% stake and warns pivot back to oil and gas does not go far enough

Economics

2 w. ago Senior Labour advisers urge Keir Starmer to ditch party's ban on North Sea oil and gas drilling in light of growing Reform threat

A handful of senior officials are understood to be quietly urging the PM to consider watering down or scrapping the manifesto pledge altogether to see off the growing threat from Reform UK.

Society

2 w. ago Birmingham bin strike crisis continues as refuse workers reject ‘totally inadequate’ pay deal

The British Army have been brought in to help tackle the rubbish piling up on the streets

Economics