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oil and gas

BP to reduce stake in flagship carbon capture and storage projects

CCS

BP to reduce stake in flagship carbon capture and storage projects

Oil and gas giant says it is 'right time to sell' equity and bring in new partners for Net Zero Teesside and Northern Endurance Partnership projects

clock 08 May 2026 • 3 min read
Analysis: Oil and gas majors slashed low carbon spending by 65 per cent in 2025

Investment

Analysis: Oil and gas majors slashed low carbon spending by 65 per cent in 2025

Low carbon investment from seven leading oil and gas companies plummeted to lowest level since 2019 last year, according to Bloomberg New Energy Finance analysis

clock 08 May 2026 • 4 min read
Poll: Majority of UK public believes excessive oil and gas profits are 'morally wrong'

Energy

Poll: Majority of UK public believes excessive oil and gas profits are 'morally wrong'

Survey of over 2,000 UK adults finds strong support for expanding homegrown clean energy to boost Britain’s energy security

clock 06 May 2026 • 5 min read
Iran War: Oil prices rise again, fuelling fears of worsening economic fallout

Risk

Iran War: Oil prices rise again, fuelling fears of worsening economic fallout

UAE's surprise decision to quit OPEC fails to dampen oil prices, as reports suggest US is planning sustained blockade of Strait of Hormuz

clock 29 April 2026 • 4 min read
Iran War fossil fuel shock drives inflation to 3.3 per cent

Energy

Iran War fossil fuel shock drives inflation to 3.3 per cent

Fears grow that continued blockade of Strait of Hormuz could push energy and food price inflation even higher during the second half of the year

clock 22 April 2026 • 7 min read
Miliband poised to ramp up net zero plans

Politics

Miliband poised to ramp up net zero plans

Energy Security and Net Zero Secretary reportedly set to confirm plans to accelerate Warm Homes Plan and electricity market reforms in response to global energy shock

clock 20 April 2026 • 5 min read
Study: North Sea extraction would cost up to £80bn more than net zero pathway

Energy

Study: North Sea extraction would cost up to £80bn more than net zero pathway

EXCLUSIVE: New analysis reveals it could take up to 20 years to build the infrastructure needed for the UK to ‘max out’ the North Sea - and it would only reduce imports by two per cent

clock 16 April 2026 • 4 min read
'Demand destruction will spread': IEA forecasts sharpest fall in global oil demand since pandemic

Energy

'Demand destruction will spread': IEA forecasts sharpest fall in global oil demand since pandemic

Oil demand plummets and fears over jet fuel supplies grow, as governments look to ramp up clean tech deployment in response to worsening energy crisis

clock 15 April 2026 • 9 min read
The oil shocks of the 1970s transformed the world - this crisis will have an even bigger impact

Energy

The oil shocks of the 1970s transformed the world - this crisis will have an even bigger impact

New paper argues the twin energy shocks triggered by the wars in Ukraine and Iran will hasten the peak in global fossil fuel demand and usher in a new era of electrification

clock 14 April 2026 • 9 min read
Iran War: Oil prices jump back above $100 a barrel as Trump announces US blockade

Risk

Iran War: Oil prices jump back above $100 a barrel as Trump announces US blockade

President declares US will blockade Strait of Hormuz after ceasefire talks break up without agreement

clock 13 April 2026 • 5 min read
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