The Latest Breaking News from Oil

Calls by countries such as UK and US to halt auction for drilling permits in the world’s second-largest rainforest branded ‘galling’

Saudi Aramco makes $42.5bn quarterly profits as BP steps up share buybacks

Closing tax loopholes would redirect more of BP and Shell’s bumper profits, says Joseph Evans of the IPPR

Savvy Ria McCullough's method produces such good results, she has pledged never to go back to cooking them in the oven again. And better still, it comes in at nearly £1 an hour cheaper.

Teenage climate change activist Greta Thunberg spoke with Holly Willoughby and Phillip Schofield on today's edition of This Morning, revealing how she handles pressure and her thoughts on campaign groups like Just Stop Oil

Saudi Energy Minister Prince Abdulaziz bin Salman stressed that Saudi Arabia and the UAE were working to increase production capacity, enhance refining volume, and convert oil into petrochemicals. He noted that the two countries were seeking to provide a safe and sustainable energy system. In his speech on the sidelines…

Greek Minister of Development and Investment Adonis Georgiadis said the diversification of energy sources was the European Union’s most important priority. He noted that the world would never return to the previous situation, even if the Russian-Ukrainian war ended. In this regard, Georgiadis stressed that all European countries would try…

As the peak season for the third quarter gets underway, several oil and gas companies have released their earnings reports and investors await reports from other major firms.

A valuable if somewhat conventional reminder of how our reliance on oil developed and the threats it now poses to life on Earth

The Norwegian start-up is building its first waste tyre recycling plant in Sunderland

US president criticises oil companies for making record profits amid the Russia-Ukraine war, warns of higher tax.