News

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

Gas sale means BG will miss output target

Shares in BG Group tumbled today after the former exploration arm of British Gas warned that it would not hit its production target of more than one million barrels of oil equivalent a day by 2015.

Shell sets its sights on a leading role in fracking

Oil giant posts profit slide, reveals $90m Arctic rig hit and confirms its interest in UK shale gas deal

Shell feels chill of Arctic problems

Oil giant's profit to soar as price rises and China booms

Editorial: We must not talk ourselves into a 'triple dip'

Yesterday's keenly awaited GDP figures allowed the doom-mongers to forecast that the UK was headed for a "triple-dip" recession, if we were not in one already. The Chancellor, at the World Economic Forum in Davos, professed himself disappointed with the news, even as he vowed to press on with Plan A.

Market Report: Kenyan gossip lifts Tullow and Afren

Hot gossip flown in from northern Kenya warmed up chilly London and sent shares in oil explorers Tullow Oil and Afren to the top of the charts today.

Freed British hostages, identified only as Peter and Alan, near the site at In Amenas, Algeria, yesterday

Homecoming survivors speak of relief, and fear for those left behind in Algeria

Two of the workers killed in the terrorist attack on the Algerian natural gas site were employees of a British private security firm responsible for maintaining the safety of the base. One was named yesterday as Yann Desjeux, 52, a former French special forces soldier in overall charge of security at the In Amenas site. The second was a Briton travelling in a coach that was attacked by Islamist fighters as it approached the gates of the gas complex. He had not been named at the time of going to press yesterday.

Tullow in a dive as dry holes take toll

Shares in Tullow Oil tumbled by 3 per cent after the FTSE 100 explorer announced a $670m (£417m) write-off for 2012 to cover the cost of dry holes and licence relinquishments.

Market Report: Morgan Stanley puts power into Punch

Punch Taverns jumped yesterday after it emerged that Morgan Stanley had hiked its stake in the troubled UK pub owner to 12 per cent. Against a backdrop of discussions with investors about restructuring the business, shares in Punch rose as much as 8.6 per cent in the morning as Morgan Stanley revealed it had increased its stake by 10 per cent to 76.5 million shares. They declined later but still ended up 1.9p, or 2.5 per cent, at 7.6p.

Fracking: Why the controversial gas extraction process is causing widespread concerns

Opposition to fracking has intensified in recent years over fears the controversial gas extraction process could poison drinking water and cause major environmental damage.

China buys up BHP stakes in Australia

China yesterday stepped up its worldwide hunt for gas to keep its 1.3 billion population warm.

Angry campaigners hi-jacked Waitrose’s Facebook page, challenging the chef over Shell’s plans to drill for oil in the Arctic

How do you marinate a polar bear? Greenpeace protesters hi-jack Delia Smith online Q&A

There aren’t many culinary queries that can stump Delia Smith. “How do I marinate a polar bear?” appears to be one of them.

Balls said the Chancellor could not claim 'we're all in this together'

'It is not the rest of the world's fault': Balls joins in blame game

Jeers for shadow Chancellor after error in attack on Coalition's economic strategy

Fracking expansion in UK would leave Coalition's green credentials 'in tatters', say campaigners

Anti-fracking campaigners will deliver a letter to 10 Downing Street as protests take place in London today.

Talks on new climate pact start in Qatar

Attempts to create a new climate treaty failed in Copenhagen three years ago

BP slapped with record $5bn fine over Gulf of Mexico oil disaster

BP will pay the biggest criminal penalty in US legal history by some distance after reaching a $4.5bn (£2.9bn) settlement with American authorities over the Gulf of Mexico spill.

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Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
Minoan Crete and Santorini
Prices correct as of 15 May 2015
Abuse - and the hell that came afterwards

Abuse - and the hell that follows

James Rhodes on the extraordinary legal battle to publish his memoir
Why we need a 'tranquility map' of England, according to campaigners

It's oh so quiet!

The case for a 'tranquility map' of England
'Timeless fashion': It may be a paradox, but the industry loves it

'Timeless fashion'

It may be a paradox, but the industry loves it
If the West needs a bridge to the 'moderates' inside Isis, maybe we could have done with Osama bin Laden staying alive after all

Could have done with Osama bin Laden staying alive?

Robert Fisk on the Fountainheads of World Evil in 2011 - and 2015
New exhibition celebrates the evolution of swimwear

Evolution of swimwear

From bathing dresses in the twenties to modern bikinis
Sun, sex and an anthropological study: One British academic's summer of hell in Magaluf

Sun, sex and an anthropological study

One academic’s summer of hell in Magaluf
From Shakespeare to Rising Damp... to Vicious

Frances de la Tour's 50-year triumph

'Rising Damp' brought De la Tour such recognition that she could be forgiven if she'd never been able to move on. But at 70, she continues to flourish - and to beguile
'That Whitsun, I was late getting away...'

Ian McMillan on the Whitsun Weddings

This weekend is Whitsun, and while the festival may no longer resonate, Larkin's best-loved poem, lives on - along with the train journey at the heart of it
Kathryn Williams explores the works and influences of Sylvia Plath in a new light

Songs from the bell jar

Kathryn Williams explores the works and influences of Sylvia Plath
How one man's day in high heels showed him that Cannes must change its 'no flats' policy

One man's day in high heels

...showed him that Cannes must change its 'flats' policy
Is a quiet crusade to reform executive pay bearing fruit?

Is a quiet crusade to reform executive pay bearing fruit?

Dominic Rossi of Fidelity says his pressure on business to control rewards is working. But why aren’t other fund managers helping?
The King David Hotel gives precious work to Palestinians - unless peace talks are on

King David Hotel: Palestinians not included

The King David is special to Jerusalem. Nick Kochan checked in and discovered it has some special arrangements, too
More people moving from Australia to New Zealand than in the other direction for first time in 24 years

End of the Aussie brain drain

More people moving from Australia to New Zealand than in the other direction for first time in 24 years
Meditation is touted as a cure for mental instability but can it actually be bad for you?

Can meditation be bad for you?

Researching a mass murder, Dr Miguel Farias discovered that, far from bringing inner peace, meditation can leave devotees in pieces
Eurovision 2015: Australians will be cheering on their first-ever entrant this Saturday

Australia's first-ever Eurovision entrant

Australia, a nation of kitsch-worshippers, has always loved the Eurovision Song Contest. Maggie Alderson says it'll fit in fine