Alaska pipeline leak hits BP share, drives up oil price

BusinessGreen staff
clock •

Oil prices climb almost one per cent as key pipeline is shut

The volatile nature of oil prices was again underlined today after BP announced on Saturday that it has closed the Trans-Alaska oil pipeline following the discovery of a leak. The pipeline carries oil...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

BusinessGreen staff
Author spotlight

BusinessGreen staff

View profile
More from BusinessGreen staff

Global Briefing: US Department of Energy revokes $3.7bn earmarked for carbon capture and clean energy

Addressing systemic issues: Why we need multi-stakeholder alignment

More on Risk

One lawsuit has just helped melt the fossil fuel industry's defence against being held accountable for climate change
Risk

One lawsuit has just helped melt the fossil fuel industry's defence against being held accountable for climate change

Legal action by a Peruvian farmer has signalled a shift in the global conversation, writes University of Oxford associate professor Benjamin Franta

Benjamin Franta, University of Oxford
clock 04 June 2025 • 6 min read
Bank of England insists climate risk still 'part of our remits', despite claims of neglect
Risk

Bank of England insists climate risk still 'part of our remits', despite claims of neglect

UK central bank claims climate risk remains part of its work, despite allegations from former staff that efforts to shore-up financial resilience to nature and climate threats have been de-prioritised

Sorin Dojan
clock 03 June 2025 • 3 min read
'Triple dividend of resilience': Why climate adaptation is the 'smartest development investments available'
Risk

'Triple dividend of resilience': Why climate adaptation is the 'smartest development investments available'

Major new report from WRI examines the hidden benefits that can be unlocked through investment in climate adaptation

Amber Rolt
clock 03 June 2025 • 6 min read