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
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 30 January 2015
Isis hostage crisis: The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power

Isis hostage crisis

The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power, says Robert Fisk
Missing salvage expert who found $50m of sunken treasure before disappearing, tracked down at last

The runaway buccaneers and the ship full of gold

Salvage expert Tommy Thompson found sunken treasure worth millions. Then he vanished... until now
Homeless Veterans appeal: ‘If you’re hard on the world you are hard on yourself’

Homeless Veterans appeal: ‘If you’re hard on the world you are hard on yourself’

Maverick artist Grayson Perry backs our campaign
Assisted Dying Bill: I want to be able to decide about my own death - I want to have control of my life

Assisted Dying Bill: 'I want control of my life'

This week the Assisted Dying Bill is debated in the Lords. Virginia Ironside, who has already made plans for her own self-deliverance, argues that it's time we allowed people a humane, compassionate death
Move over, kale - cabbage is the new rising star

Cabbage is king again

Sophie Morris banishes thoughts of soggy school dinners and turns over a new leaf
11 best winter skin treats

Give your moisturiser a helping hand: 11 best winter skin treats

Get an extra boost of nourishment from one of these hard-working products
Paul Scholes column: The more Jose Mourinho attempts to influence match officials, the more they are likely to ignore him

Paul Scholes column

The more Jose Mourinho attempts to influence match officials, the more they are likely to ignore him
Frank Warren column: No cigar, but pots of money: here come the Cubans

Frank Warren's Ringside

No cigar, but pots of money: here come the Cubans
Isis hostage crisis: Militant group stands strong as its numerous enemies fail to find a common plan to defeat it

Isis stands strong as its numerous enemies fail to find a common plan to defeat it

The jihadis are being squeezed militarily and economically, but there is no sign of an implosion, says Patrick Cockburn
Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action

Virtual reality: Seeing is believing

Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action
Homeless Veterans appeal: MP says Coalition ‘not doing enough’

Homeless Veterans appeal

MP says Coalition ‘not doing enough’ to help
Larry David, Steve Coogan and other comedians share stories of depression in new documentary

Comedians share stories of depression

The director of the new documentary, Kevin Pollak, tells Jessica Barrett how he got them to talk
Has The Archers lost the plot with it's spicy storylines?

Has The Archers lost the plot?

A growing number of listeners are voicing their discontent over the rural soap's spicy storylines; so loudly that even the BBC's director-general seems worried, says Simon Kelner
English Heritage adds 14 post-war office buildings to its protected lists

14 office buildings added to protected lists

Christopher Beanland explores the underrated appeal of these palaces of pen-pushing
Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Scientists unearthed the cranial fragments from Manot Cave in West Galilee