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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Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
3.	Provence 6 nights B&B by train from £599pp
Prices correct as of 12 March 2015
No postcode? No vote

Floating voters

How living on a houseboat meant I didn't officially 'exist'
Louis Theroux's affable Englishman routine begins to wear thin

By Reason of Insanity

Louis Theroux's affable Englishman routine begins to wear thin
Power dressing is back – but no shoulderpads!

Power dressing is back

But banish all thoughts of Eighties shoulderpads
Spanish stone-age cave paintings 'under threat' after being re-opened to the public

Spanish stone-age cave paintings in Altamira 'under threat'

Caves were re-opened to the public
'I was the bookies’ favourite to be first to leave the Cabinet'

Vince Cable interview

'I was the bookies’ favourite to be first to leave the Cabinet'
Election 2015: How many of the Government's coalition agreement promises have been kept?

Promises, promises

But how many coalition agreement pledges have been kept?
The Gaza fisherman who built his own reef - and was shot dead there by an Israeli gunboat

The death of a Gaza fisherman

He built his own reef, and was fatally shot there by an Israeli gunboat
Saudi Arabia's airstrikes in Yemen are fuelling the Gulf's fire

Saudi airstrikes are fuelling the Gulf's fire

Arab intervention in Yemen risks entrenching Sunni-Shia divide and handing a victory to Isis, says Patrick Cockburn
Zayn Malik's departure from One Direction shows the perils of fame in the age of social media

The only direction Zayn could go

We wince at the anguish of One Direction's fans, but Malik's departure shows the perils of fame in the age of social media
Young Magician of the Year 2015: Meet the schoolgirl from Newcastle who has her heart set on being the competition's first female winner

Spells like teen spirit

A 16-year-old from Newcastle has set her heart on being the first female to win Young Magician of the Year. Jonathan Owen meets her
Jonathan Anderson: If fashion is a cycle, this young man knows just how to ride it

If fashion is a cycle, this young man knows just how to ride it

British designer Jonathan Anderson is putting his stamp on venerable house Loewe
Number plates scheme could provide a licence to offend in the land of the free

Licence to offend in the land of the free

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From farm to fork: Meet the Cornish fishermen, vegetable-growers and butchers causing a stir in London's top restaurants

From farm to fork in Cornwall

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Robert Parker interview: The world's top wine critic on tasting 10,000 bottles a year, absurd drinking notes and New World wannabes

Robert Parker interview

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Don't believe the stereotype - or should you?

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