Europe will never return to Russian gas, European Commission insists
Body unveils plans to ban all gas imports from Russia by January 2028 – but faces backlash from Hungary, Slovakia and Austria The European Commission...
Category : Oil and gas companies
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 winds down gas supply to Europe via Ukraine as transit deal expires
Exports to cease on New Year’s Day as Europe faces cold snap and higher than usual fall in reserves since September Europe will receive the...
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...
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...
US energy firms use Ukraine war to lock in long-term gas contracts
Oil and gas companies seek expansive contracts to tackle short-term problem of tight European gas supply American oil and gas companies are pushing to solve...
Labour renews call for ‘proper’ windfall tax as Shell declares record £32.2bn profit – UK politics live
Bank of England says UK still heading for a recession but downturn may be shorter and shallower than previously expected On the subject of Rishi...
Shell will pay about $2bn in UK and EU windfall taxes for last quarter
Firm said in October it had not paid any UK windfall taxes because of heavy investment in North Sea Shell has revealed it will pay...
