News

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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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 1 May 2015
General Election 2015: Ed Miliband's unlikely journey from hapless geek to heart-throb

Miliband's unlikely journey from hapless geek to heart-throb

He was meant to be Labour's biggest handicap - but has become almost an asset
General Election 2015: A guide to the smaller parties, from the the National Health Action Party to the Church of the Militant Elvis Party

On the margins

From Militant Elvis to Women's Equality: a guide to the underdogs standing in the election
Amr Darrag: Ex-Muslim Brotherhood minister in exile still believes Egypt's military regime can be replaced with 'moderate' Islamic rule

'This is the battle of young Egypt for the future of our country'

Ex-Muslim Brotherhood minister Amr Darrag still believes the opposition can rid Egypt of its military regime and replace it with 'moderate' Islamic rule, he tells Robert Fisk
Why patients must rely less on doctors: Improving our own health is the 'blockbuster drug of the century'

Why patients must rely less on doctors

Improving our own health is the 'blockbuster drug of the century'
Sarah Lucas is the perfect artist to represent Britain at the Venice Biennale

Flesh in Venice

Sarah Lucas has filled the British pavilion at the Venice Biennale with slinky cats and casts of her female friends' private parts. It makes you proud to be a woman, says Karen Wright
11 best anti-ageing day creams

11 best anti-ageing day creams

Slow down the ageing process with one of these high-performance, hardworking anti-agers
Juventus 2 Real Madrid 1: Five things we learnt, including Iker Casillas is past it and Carlos Tevez remains effective

Juventus vs Real Madrid

Five things we learnt from the Italian's Champions League first leg win over the Spanish giants
Ashes 2015: Test series looks a lost cause for England... whoever takes over as ECB director of cricket

Ashes series looks a lost cause for England...

Whoever takes over as ECB director of cricket, says Stephen Brenkley
Fishing for votes with Nigel Farage: The Ukip leader shows how he can work an audience as he casts his line to the disaffected of Grimsby

Fishing is on Nigel Farage's mind

Ukip leader casts a line to the disaffected
Who is bombing whom in the Middle East? It's amazing they don't all hit each other

Who is bombing whom in the Middle East?

Robert Fisk untangles the countries and factions
China's influence on fashion: At the top of the game both creatively and commercially

China's influence on fashion

At the top of the game both creatively and commercially
Lord O’Donnell: Former cabinet secretary on the election and life away from the levers of power

The man known as GOD has a reputation for getting the job done

Lord O'Donnell's three principles of rule
Rainbow shades: It's all bright on the night

Rainbow shades

It's all bright on the night
'It was first time I had ever tasted chocolate. I kept a piece, and when Amsterdam was liberated, I gave it to the first Allied soldier I saw'

Bread from heaven

Dutch survivors thank RAF for World War II drop that saved millions
Britain will be 'run for the wealthy and powerful' if Tories retain power - Labour

How 'the Axe' helped Labour

UK will be 'run for the wealthy and powerful' if Tories retain power