News

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

US Independence: Shale gas helps make it self-sufficient in energy

US to become world leader in oil and gas thanks to fracking

The United States will leapfrog Saudi Arabia and Russia to become the world's biggest producer of oil and gas in the next five years as the controversial practice of "fracking" for hydrocarbons contained in shale rocks has enabled the country to increase production massively, according to an authoritative new report.

Squeezing out the last few drops out of the UK's oil industry

Petrol sale slumps have left oil refineries on the brink of closure, reports Mark Leftly

Last Night's Viewing: Secret State,Channel 4
Comic Strip Presents...Five Go to Rehab, Gold

It's quite a cheeky touch to open your four-part political thriller with the question "Seen enough?" Who, after all, could answer "Yes" that early in the day, particularly as Secret State, Robert Jones's very free adaptation of Chris Mullin's thriller A Very British Coup, opens with a tantalising vision of local apocalypse. A pair of very shiny shoes is crunching through the cinders of a disaster zone – revealed, when the camera pulls back, as a blasted Northern town.

Oil prices rise as US refineries restart after Hurricane Sandy

The restart of refineries in the storm-hit northeastern United States gave a small boost to crude oil prices on Thursday.

London listing for Russian seismic data analyst

IG Seismic Services is set to become the latest Russian company to float in London after the geophysical data analyst, chaired by a former first deputy governor of the resource-rich Komi Republic, announced a $200m (£124m) listing.

BG Group shares sink 14 per cent as output forecast gives causes for alarm

Shares in BG Group fell by 14 per cent to hit a two-year low yesterday after the gas producer that was spun out of British Gas admitted that its 2013 production forecasts were wrong and told the City not to expect any growth next year.

Floodwaters from superstorm Sandy surround homes in South Bethany, Delaware

Oil prices rise on Superstorm Sandy threat

Oil prices rose today after a Superstorm Sandy caused havoc across the north-eastern US and threatened to inflict more damage inland.

Superstorm Sandy may cost States up to $50bn as stock exchange stays shut

First time bad weather has shut NY market for two consecutive days since 1888

Shell fired up for Fram gas boost

Shell said that its Fram field in the North Sea would be up and running within three years and will provide 5 per cent of Britain's gas at peak production, after winning government approval for the project.

BP and Rosneft reveal details of £17bn Russian oil deal

Rosneft has agreed to buy BP's 50% stake in its troubled TNK-BP joint venture

BP due to announce £17bn deal with Rosneft

BP could unveil a $28bn (£17bn) deal with the Russian state-controlled oil group Rosneft as early as today.

BP and Rosneft in talks to finalise details of £17bn Russian oil deal

BP could unveil a $28bn (£17bn) deal with the Russian state-controlled oil group Rosneft as early as today.

Rosneft's TNK-BP takeover set to create biggest oil firm

Rosneft was on course to buy both halves of the TNK-BP Russian joint venture for an estimated $56bn (£35bn) last night after holding audacious overlapping takeover talks with the owners, BP and the AAR consortium.

Total warns about 'inaccurate' oil prices

With the fires from the Libor scandal still burning, the temperature is rising in the oil markets amid mounting concerns that this could be the next of the City's dark corners to blaze into life.

Total sounds a warning on 'inaccurate' oil prices

After Libor, the French giant's concerns could ignite latest scandal in markets
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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