News

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

DJ Taylor: Fracking is a highly explosive issue

Shale mining might yield cheap gas, but there's one small problem: all fossil fuels run out. Plus, strange influences

Sudan and South fight over oil-rich border region

South Sudan said today it had repulsed an attempt by the Sudanese army to retake the disputed oil-producing border area of Heglig, which the southern army seized earlier this week.

Total walks away from Wessex bid

France's Total has pulled out of a £70m takeover punt at Aim-listed oil prospector Wessex Exploration. The oil giant was looking to gain a greater share of a huge field off the coast of French Guyana, in which it already has a 25 per cent stake – less than rivals Shell and Tullow.

Fuel tanker drivers vote for action

The threat of a strike by fuel tanker drivers in a dispute over terms and conditions and safety standards came a step closer today when they voted overwhelmingly in favour of industrial action.

Fracking could bring UK 50,000 jobs, says Browne

Lord Browne, the former BP chief executive, said Lancashire has the potential to be the capital of Europe's emerging shale gas industry, in a scenario he predicted could help to create as many as 50,000 jobs across the UK.

Fracking could bring UK 50,000 jobs, says Browne

Lancashire could be Europe's centre for the controversial gas extraction technique

Three Cove executives to share £40m windfall after Shell takeover

Shell is setting up shop in Kenya and Mozambique after agreeing to buy the East Africa-focused oil and gas company Cove Energy for nearly £1bn.

Shell oil protesters climb National Gallery

Environmental campaigners climbed to the roof of the National Gallery today to stage a protest against energy giant Shell.

Soaring price threatens weak euro countries

The oil price soared to a nine-month high yesterday, threatening to derail the efforts of Europe's weakest nations to pull themselves out of the economic mire and stoking inflation fears at home.

UN inspectors arrive in Iran for nuclear talks

Senior UN inspectors arrived in Tehran today for talks on Iran's disputed nuclear programme, a day after the Islamic state responded defiantly to tightened EU sanctions by halting oil sales to British and French companies.

Oil prices at nine month high after Iran dispute

Oil prices jumped to nearly 105 dollars a barrel - a nine-month high - in Asia today, after Iran said it halted crude exports to Britain and France in a dispute over its nuclear programme.

Britain's North Sea rig workers are in the money as oil pay gushes up

Workers in the UK oil and gas industry enjoy some of the highest wages paid by the sector across the world.

Diesel price reaches record high

The price of diesel at the pumps has reached record levels, the AA said today.

President Obama, pictured yesterday, warned of Iran’s 'defiant acts'

Nuclear stunt shows Iran's uncompromising mood

Warning of end to EU oil supplies fuels tensions further and adds to risk of Israeli military strike

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Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
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Lake Garda
Minoan Crete and Santorini
Prices correct as of 15 May 2015
Refugee crisis: David Cameron lowered the flag for the dead king of Saudi Arabia - will he do the same honour for little Aylan Kurdi?

Cameron lowered the flag for the dead king of Saudi Arabia...

But will he do the same honour for little Aylan Kurdi, asks Robert Fisk
Our leaders lack courage in this refugee crisis. We are shamed by our European neighbours

Our leaders lack courage in this refugee crisis. We are shamed by our European neighbours

Humanity must be at the heart of politics, says Jeremy Corbyn
Joe Biden's 'tease tour': Could the US Vice-President be testing the water for a presidential run?

Joe Biden's 'tease tour'

Could the US Vice-President be testing the water for a presidential run?
Britain's 24-hour culture: With the 'leisured society' a distant dream we're working longer and less regular hours than ever

Britain's 24-hour culture

With the 'leisured society' a distant dream we're working longer and less regular hours than ever
Diplomacy board game: Treachery is the way to win - which makes it just like the real thing

The addictive nature of Diplomacy

Bullying, betrayal, aggression – it may be just a board game, but the family that plays Diplomacy may never look at each other in the same way again
Lady Chatterley's Lover: Racy underwear for fans of DH Lawrence's equally racy tome

Fashion: Ooh, Lady Chatterley!

Take inspiration from DH Lawrence's racy tome with equally racy underwear
8 best children's clocks

Tick-tock: 8 best children's clocks

Whether you’re teaching them to tell the time or putting the finishing touches to a nursery, there’s a ticker for that
Charlie Austin: Queens Park Rangers striker says ‘If the move is not right, I’m not going’

Charlie Austin: ‘If the move is not right, I’m not going’

After hitting 18 goals in the Premier League last season, the QPR striker was the great non-deal of transfer deadline day. But he says he'd preferred another shot at promotion
Isis profits from destruction of antiquities by selling relics to dealers - and then blowing up the buildings they come from to conceal the evidence of looting

How Isis profits from destruction of antiquities

Robert Fisk on the terrorist group's manipulation of the market to increase the price of artefacts
Labour leadership: Andy Burnham urges Jeremy Corbyn voters to think again in last-minute plea

'If we lose touch we’ll end up with two decades of the Tories'

In an exclusive interview, Andy Burnham urges Jeremy Corbyn voters to think again in last-minute plea
Tunisia fears its Arab Spring could be reversed as the new regime becomes as intolerant of dissent as its predecessor

The Arab Spring reversed

Tunisian protesters fear that a new law will whitewash corrupt businessmen and officials, but they are finding that the new regime is becoming as intolerant of dissent as its predecessor
King Arthur: Legendary figure was real and lived most of his life in Strathclyde, academic claims

Academic claims King Arthur was real - and reveals where he lived

Dr Andrew Breeze says the legendary figure did exist – but was a general, not a king
Who is Oliver Bonas and how has he captured middle-class hearts?

Who is Oliver Bonas?

It's the first high-street store to pay its staff the living wage, and it saw out the recession in style
Earth has 'lost more than half its trees' since humans first started cutting them down

Axe-wielding Man fells half the world’s trees – leaving us just 422 each

However, the number of trees may be eight times higher than previously thought
60 years of Scalextric: Model cars are now stuffed with as much tech as real ones

60 years of Scalextric

Model cars are now stuffed with as much tech as real ones