3 h. ago Sir Keir Starmer urged to oppose 'dangerous' Donald Trump demand to U

Donald Trump has told Keir Starmer to abandon his renewable energy strategy and ramp up North Sea oil and gas production.

Politics

42 h. ago UK petrol prices poised to fall further as oil prices tumble

Global prices drop after reports that Opec+ is ready to raise output despite weaker demand for fossil fuelsGlobal oil prices have tumbled by more than $1 a barrel in a sign that pressure on households at the petrol pumps could ease further.The price of Brent crude fell to $63.86 a barrel on Thursday following reports that the Opec oil cartel and its allies may increase their production for July, despite weaker global demand for fossil fuels. Continue reading...

Politics

45 h. ago UK petrol prices poised to fall further as oil production may be ramped up

Global oil prices tumble after reports that Opec+ may increase output despite weaker demand for fossil fuelsGlobal oil prices have tumbled by more than $1 a barrel in a sign that pressure on hard-pressed households at the petrol pumps could ease further.The price of Brent crude fell to $63.86 a barrel on Thursday after reports that the Opec oil cartel and its allies may increase their production for July despite weaker global demand for fossil fuels. Continue reading...

Politics

45 h. ago UK petrol prices poised to fall further as oil production may be stepped up

Global oil prices tumble after reports that Opec+ is ready to raise output despite weaker demand for fossil fuelsGlobal oil prices have tumbled by more than $1 a barrel in a sign that pressure on households at the petrol pumps could ease further.The price of Brent crude fell to $63.86 a barrel on Thursday following reports that the Opec oil cartel and its allies may increase their production for July, despite weaker global demand for fossil fuels. Continue reading...

Politics

6 d. ago Revealed: European ‘green’ investments hold billions in fossil fuel majors

Exclusive: Funds with names such as ‘Sustainable Global Stars’ have stakes in some of the world’s biggest pollutersEuropean “green” funds holding more than $33bn of investments in major oil and gas companies have been revealed by an investigation, despite fossil fuels being the root cause of the climate crisis. Some of these investment funds used branding such as Sustainable Global Stars and Europe Climate Pathway.Over $18bn was invested in the five biggest polluters: TotalEnergies, Shell, ExxonMobil, Chevron and BP. These topped a 2023 Carbon Majors ranking for oil and gas production among shareholder-owned firms. Other investments by funds following EU sustainable finance disclosure regulations (SFDR) included those in US fracking company Devon Energy and Canadian tar sands company Suncor, the investigation by Voxeurop and the Guardian found.A Legal & General Investment Management (LGIM) fund called Europe Climate Pathway had $88m invested in Shell, BP and TotalEnergies. In to...

Economics

2 w. ago Charging an electric car at home is still CHEAPER than filling up with petrol

The AA's latest EV Recharge Report for March shows that people who charge at home pay just 5.6p/mile for standard rate domestic charging compared to 11.8p/mile for petrol.

Science

3 w. 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

4 w. ago Cheapest place to buy petrol and diesel near you REVEALED in MailOnline's ultimate interactive map... so could YOU save £10 by filling up at a different station down the road?

Motorists could save themselves hundreds of pounds a year just by filling up at a different petrol station.Our real-time petrol price map, has now made that challenge a great deal easier.

Economics