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Getting the world’s richest and most powerful nations to unilaterally agree to a move away from fossil fuels earned the recent COP28 summit in Dubai…
Cryptocurrency markets experienced a rollercoaster ride following a false announcement on the U.S. Securities and Exchange Commission’s (SEC) official social media account, X. The misleading…
The number of container ships transiting through the Red Sea towards the Suez Canal tumbled 90 per cent year-on-year through the first week of January,…
reductions in the coming months. Figures today from energy analysis consultancy Cornwall Insights show that the average costs for 2024 will be £113 per MWh…
Shell’s fourth-quarter results will include impairment charges of up to $4.5 billion, which would be partly offset by a strong gas trading business, the UK-based…
Houthi rebel disruptions reaching the Straits of Hormuz could double oil prices, Goldman Sachs has warned. In an interview given to American television station CNBC…
The UK’s manufacturing sector fell deeper into contraction in December, while business optimism fell to its lowest level in a year, a closely watched survey…
A long-awaited change in Japan’s monetary policy framework is one of the things that investors will be paying close attention to in 2024. For decades,…
It’s been a remarkable 2023 for Europe’s major airlines. Travel demand has returned with a vengeance after years of Covid-related torment. Carriers across the board…
A combination of soaring demand for travel and supply chain delays saw a record-breaking backlog of airplanes on order in November, according to new aviation…
The UK’s march towards a greener future was dealt several blows over the last year, but ended with the return of optimism as 2023 came…
Oil prices have spiked and could remain elevated as companies try and find alternative cargo routes following vessel attacks in the Red Sea. International benchmark…
“The biggest climate law ever in Europe, and some say in the world,” Peter Liese, lead negotiator for the European Parliament said. In reference to…
Former BP chief executive Bernard Looney will not receive a £32.4m salary and bonuses package after “serious misconduct”. In a press release circulated this evening, the company…
London-based commodities broker Marex has filed for an initial public offering (IPO) in New York in a huge blow to the City after a drought…
Ofgem and the Department for Energy Security and Net Zero have submitted proposals to expand protection for businesses in response to the Federation of Small Businesses’ (FSB)…
Adverts for Air France, Lufthansa and Etihad have been banned for giving consumers a misleading impression of the airlines’ environmental credentials. The Google ads, all…
A British-owned ship has been hit by a missile in the Red Sea as part of an assault by Iranian-backed rebels, the US military said. The Bahamas-flagged Unity…
The Cop28 climate summit has opened in Dubai, yet it is already clear that the world is not on track to meet the climate change…
BP has bought up full control of solar power developer Lightsource BP in a move demonstrating the former’s ambitions outside of fossil fuels. The oil…