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

Oil prices fall after warning from World Bank

A strong warning from the World Bank that growth in Asia may slow further dragged down the price of oil today.

Fuel costs have doubled under Obama

California petrol 'crisis' lets Romney stay on the offensive

Rising prices play to challenger's claim that fuel costs have doubled under Obama

French oil deal cuts fuel costs

France has cut the price of petrol and diesel by up to six euro cents per litre in a move aimed at fulfilling a key campaign pledge of president Francois Hollande.

Roman Ambramovich to learn Boris Berezovsky case outcome

Chelsea Football Club owner Roman Abramovich will discover this week whether he has won a multibillion-pound legal battle with fellow Russian oligarch Boris Berezovsky, court officials have said.

Cuadrilla looks to drill new well

Cuadrilla Resources is to submit a planning application for a horizontal well in Lancashire to discover the viability of recovering gas trapped within the county's shale foundations.

Time almost up for Shell to begin Arctic drilling

Shell is racing to begin a massive drilling campaign in US Arctic waters before they freeze over and postpone activities by a year.

The company has set aside $38bn to cover the bill for the Gulf of Mexico oil spill, which claimed 11 lives

BP's troubled waters

As problems continue to pile up, the oil giant's claim to have turned a corner is still seen as premature

Shell's shares slide after fall in quarterly profits

Shares in Royal Dutch Shell yesterday fell more than 2 per cent to the bottom of the FTSE 100 index after Europe's biggest oil major surprised the City with a 13 per cent fall in profit to £5.7bn.

Chinese oil giant agrees £10bn deal for Canada's Nexen

Cnooc has agreed to buy the Canadian oil producer Nexen for $15.1bn (£9.7bn), in a deal that could make the Chinese oil giant the operator of the giant Buzzard field in the North Sea.

Esso and its contractor charged over Fawley refinery death

Esso and one of its contractors are to be prosecuted over the death of a sailor at one of Europe's largest oil refineries, the Crown Prosecution Service (CPS) said today.

Scores killed in Nigeria fuel tanker fire

A tanker truck caught fire and exploded in Nigeria today shortly after breaking down, killing at least 95 people who then rushed to the scene to scoop fuel, an official said.

Leading article: Preserving the Arctic wilderness must be a priority

It is difficult to overstate either the pristine beauty or the scientific value of the vast Arctic wilderness. As one of Earth's few remaining untouched ecosystems, it is an environmental paradise of inestimable variety and wonder.

Total begins bid to 'kill' gas leak on North Sea oil platform

An operation to stop a gas leak on a North Sea oil platform has got under way.

Soaring oil price fuels a jump in Shell profits

Shell has reported an 11 per cent rise in profits for the first quarter, as the soaring price of oil outweighed the drag of lower US gas prices on its bottom line.

Call for 600m fracking limit

Controversial "fracking" for shale gas should only take place at least 600 metres down from aquifers used for water supplies, scientists said today.

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There will be a chance to bid for a rare example of the SAS Diary, collated by a former member of the regiment in the aftermath of World War II but only published – in a limited run of just 5,000 – in 2011
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Bianca Miller and Katie Bulmer-Cooke are scrutinised by Lord Sugar's aide Nick Hewer on The Apprentice final
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File: James Woods attends the 52nd New York Film Festival at Walter Reade Theater on September 27, 2014
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Burgundy, the River Rhone & Provence – Five-star MS Swiss Corona 7 nights from £999pp
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Surrounded by high-rise flats is a little house filled with Lebanon’s history - clocks, rifles, frogmen’s uniforms and colonial helmets

Clocks, rifles, swords, frogmen’s uniforms

Surrounded by high-rise flats is a little house filled with Lebanon’s history
Return to Gaza: Four months on, the wounds left by Israel's bombardment have not yet healed

Four months after the bombardment, Gaza’s wounds are yet to heal

Kim Sengupta is reunited with a man whose plight mirrors the suffering of the Palestinian people
Gastric surgery: Is it really the answer to the UK's obesity epidemic?

Is gastric surgery really the answer to the UK's obesity epidemic?

Critics argue that it’s crazy to operate on healthy people just to stop them eating
Homeless Veterans appeal: Christmas charity auction Part 2 - now LIVE

Homeless Veterans appeal: Christmas charity auction

Bid on original art, or trips of a lifetime to Africa or the 'Corrie' set, and help Homeless Veterans
Pantomime rings the changes to welcome autistic theatre-goers

Autism-friendly theatre

Pantomime leads the pack in quest to welcome all
The week Hollywood got scared and had to grow up a bit

The week Hollywood got scared and had to grow up a bit

Sony suffered a chorus of disapproval after it withdrew 'The Interview', but it's not too late for it to take a stand, says Joan Smith
From Widow Twankey to Mother Goose, how do the men who play panto dames get themselves ready for the performance of a lifetime?

Panto dames: before and after

From Widow Twankey to Mother Goose, how do the men who play panto dames get themselves ready for the performance of a lifetime?
Thirties murder mystery novel is surprise runaway Christmas hit

Thirties murder mystery novel is surprise runaway Christmas hit

Booksellers say readers are turning away from dark modern thrillers and back to the golden age of crime writing
Anne-Marie Huby: 'Charities deserve the best,' says founder of JustGiving

Anne-Marie Huby: 'Charities deserve the best'

Ten million of us have used the JustGiving website to donate to good causes. Its co-founder says that being dynamic is as important as being kind
The botanist who hunts for giant trees at Kew Gardens

The man who hunts giants

A Kew Gardens botanist has found 25 new large tree species - and he's sure there are more out there
The 12 ways of Christmas: Spare a thought for those who will be working to keep others safe during the festive season

The 12 ways of Christmas

We speak to a dozen people who will be working to keep others safe, happy and healthy over the holidays
Birdwatching men have a lot in common with their feathered friends, new study shows

The male exhibits strange behaviour

A new study shows that birdwatching men have a lot in common with their feathered friends...
Diaries of Evelyn Waugh, Virginia Woolf and Noël Coward reveal how they coped with the December blues

Famous diaries: Christmas week in history

Noël Coward parties into the night, Alan Clark bemoans the cost of servants, Evelyn Waugh ponders his drinking…
From noble to narky, the fall of the open letter

From noble to narky, the fall of the open letter

The great tradition of St Paul and Zola reached its nadir with a hungry worker's rant to Russell Brand, says DJ Taylor
A Christmas ghost story by Alison Moore: A prodigal daughter has a breakthrough

A Christmas ghost story by Alison Moore

The story was published earlier this month in 'Poor Souls' Light: Seven Curious Tales'