News

Fourth quarter profits declined to $2.1 billion from $7.3 billion a year earlier

The Cuadrilla shale fracking facility in Preston, Lancashire

Fracking set to resume in Lancashire in bid to prove shale gas industry is commercially viable

Fracking activities are set to resume in an area that was hit by two minor earthquakes linked to the controversial technology.

Jim Armitage: Politicians put all eggs in one basket on energy

It's really little wonder fracking is such a big deal for our political leaders. Because they some years ago bet our energy future on the hissing stuff when deciding on the next generation of electricity power stations.

A Cuadrilla shale fracking facility in Preston, Lancs

Where do we dig? The trouble with fracking

It's not so easy to exploit shale gas reserves found in the UK

Shale gas: Centrica puts £160m into fracking fields around Blackpool

Parent group of British Gas will take 25% stake in six Lancashire wells

James Moore: Shareholders' rebellion was a long time coming

Outlook After a spring when most institutional shareholders appeared to be sleeping, a remuneration report has at last been defeated.

Opec will not change output target

Opec oil ministers agreed to keep the group’s oil output target unchanged for the rest of this year at their twice yearly meeting in Vienna yesterday.

Derek Pain: Laggards putting the brakes on portfolio

No Pain, No Gain

Saudi giant Aramco snaps up slice of Exeter tiddler

Saudi Aramco, the world's biggest oil producer, has taken a 25 per cent stake in a tiny Exeter-based manufacturer of drilling products.

16 children and one teacher 'burned to death' on Pakistan school bus

Young victims aged between six and 12

EU taps top oil traders for price-fixing information

The European Commission stepped up its investigation into oil price fixing as it sought information from trading houses such as the FTSE 100 giant Glencore.

'Limp-wristed and lettuce-like': MP attacks inquiry into BP and Shell petrol price-fixing allegations

Oil giants targeted by European Commission in probe into suspected market manipulation

Rise of East and fracking to transform oil market

The global oil market will be transformed over the next five years as faster-than-expected production growth in North America combines with a greater acceleration in demand than predicted among Asian and Africa countries, according to a new report.

BP starts to motor again as profits overtake the forecasts

BP chief executive Bob Dudley today offered some evidence that his turnaround of the beleaguered oil giant is heading the right way.

BHP Billiton sells copper mine

BHP Billiton has sold its Pinto copper mine in Arizona to Capstone Mining of the US for a higher than expected $650m (£418m) as it refocuses on core assets.

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Independent Travel
Pompeii, Capri & the Bay of Naples
Dubrovnik, the Dalmatian Coast & Montenegro
Burgundy, the River Rhone & Provence
Lisbon, Oporto and the Douro Valley
Lake Garda, Venice & Verona
Spain
Prices correct as of 23 January 2015
Syria crisis: Celebrities call on David Cameron to take more refugees as one young mother tells of torture by Assad regime

Celebrities call on David Cameron to take more Syrian refugees

One young mother tells of torture by Assad regime
The enemy within: People who hear voices in their heads are being encouraged to talk back – with promising results

The enemy within

People who hear voices in their heads are being encouraged to talk back
'In Auschwitz you got used to anything'

'In Auschwitz you got used to anything'

Survivors of the Nazi concentration camp remember its horror, 70 years on
Autumn/winter menswear 2015: The uniforms that make up modern life come to the fore

Autumn/winter menswear 2015

The uniforms that make up modern life come to the fore
'I'm gay, and plan to fight military homophobia'

'I'm gay, and plan to fight military homophobia'

Army general planning to come out
Iraq invasion 2003: The bloody warnings six wise men gave to Tony Blair as he prepared to launch poorly planned campaign

What the six wise men told Tony Blair

Months before the invasion of Iraq in 2003, experts sought to warn the PM about his plans. Here, four of them recall that day
25 years of The Independent on Sunday: The stories, the writers and the changes over the last quarter of a century

25 years of The Independent on Sunday

The stories, the writers and the changes over the last quarter of a century
Homeless Veterans appeal: 'Really caring is a dangerous emotion in this kind of work'

Homeless Veterans appeal

As head of The Soldiers' Charity, Martin Rutledge has to temper compassion with realism. He tells Chris Green how his Army career prepared him
Wu-Tang Clan and The Sexual Objects offer fans a chance to own the only copies of their latest albums

Smash hit go under the hammer

It's nice to pick up a new record once in a while, but the purchasers of two latest releases can go a step further - by buying the only copy
Geeks who rocked the world: Documentary looks back at origins of the computer-games industry

The geeks who rocked the world

A new documentary looks back at origins of the computer-games industry
Belle & Sebastian interview: Stuart Murdoch reveals how the band is taking a new direction

Belle & Sebastian is taking a new direction

Twenty years ago, Belle & Sebastian was a fey indie band from Glasgow. It still is – except today, as prime mover Stuart Murdoch admits, it has a global cult following, from Hollywood to South Korea
America: Land of the free, home of the political dynasty

America: Land of the free, home of the political dynasty

These days in the US things are pretty much stuck where they are, both in politics and society at large, says Rupert Cornwell
A graphic history of US civil rights – in comic book form

A graphic history of US civil rights – in comic book form

A veteran of the Fifties campaigns is inspiring a new generation of activists
Winston Churchill: the enigma of a British hero

Winston Churchill: the enigma of a British hero

A C Benson called him 'a horrid little fellow', George Orwell would have shot him, but what a giant he seems now, says DJ Taylor
Growing mussels: Precious freshwater shellfish are thriving in a unique green project

Growing mussels

Precious freshwater shellfish are thriving in a unique green project