Norway to set up compensation scheme for 1980 oil rig disaster victims’ families
Parliament backs scheme for relatives of 123 men who died in worst disaster in Norway’s waters since second world war Forty-five years after the Alexander...
Category : Oil
Eurozone economy stagnated ahead of European Central Bank interest rate decision – business live
Live coverage of business, economics and financial news as ECB expected to cut interest rates by 0.25 percentage points in effort to support growth It...
Russia’s shadow oil fleet and Gaza ceasefire plan to top US-UK talks in London
Antony Blinken to meet David Lammy in precursor to Joe Biden’s talks with Keir Starmer in Washington Moscow’s use of a shadow fleet transporting western-sanctioned...
Sanctioned Russian oligarchs allowed to invest in UK North Sea oil producer
Critics say Labour ‘should have run a mile’ from LetterOne after it is acquires 15% of Aberdeen-based Harbour Energy The government faces growing criticism after...
Cop29 host Azerbaijan seeks $1bn from fossil fuel producers for climate fund
Countries and companies involved in oil and gas extraction to be asked to join scheme aimed at tackling global heating Fossil-fuel producing countries and companies...
Zelenskiy to attend UK cabinet meeting in effort to disrupt Russian oil sales
Ukraine’s president will ask for more help to block Putin’s growing ‘shadow fleet’ of tankers carrying sanctioned crude to buyers The Ukrainian president, Volodmyr Zelenskiy,...
Gazprom slumps to first annual loss in 20 years as trade with Europe hit
£5.5bn loss in 2023 comes after gas sales more than halved following Russia’s invasion of Ukraine The Kremlin-owned gas company Gazprom has plunged to its...
Climate activists across Europe block access to North Sea oil infrastructure
Blockades at facilities in Germany, the Netherlands, Norway and Sweden, with protests in Scotland and action expected in Denmark Climate activists in four countries are...
Russia temporarily bans export of petrol and diesel to stabilise domestic market
Four ex-Soviet states excepted from ban, which has been prompted by railway bottlenecks and weak rouble Russia has temporarily banned exports of petrol and diesel...
Germany plans to ban installation of most oil and gas heating from 2024
Bill due before Bundestag in June would encourage homeowners to switch to renewables Germany plans to ban the installation of most oil and gas heating...
