oil and gas

Propposed levy set to extend beyond oil and gas firms and include a tax on the earnings of electricity generators benefitting from soaring prices, according to government insiders

Carbon Tracker warns oil firms' climate strategies lack credibility as they largely focus on offsetting, CCS, and direct air capture rather than emissions cuts

Oil and gas giant says stellar financial performance is 'crucial for Shell to play a leading role in the energy transition'

The government is urging the oil and gas industry to ramp up investment in the 'clean energy technologies of the future', but can increased production really become compatible with net zero goals?

More than 500 climate groups worldwide argue Russia's invasion of Ukraine should usher in new age of green, equitable energy worldwide

Researchers argue wealthier nations that can better withstand rapid cuts to fossil fuel revenues must eliminate their oil and gas production quickest

Swiss firm confirms it will no longer provide insurance for new oil and gas projects unless developers can show they have credible net zero transition plans

Fossil fuel companies confirm plan to review collective methane targets for 2025 and onwards in light of new goal

Government says it is working to secure alternative supplies from other regions, such as the US, the Netherlands, and the Gulf, as it prepares wider energy security plan

The UK and EU are in the process of drawing up plans setting out how they will reduce their reliance on Russian oil and gas. But could they cut off supplies altogether, amid growing pressure from campaigners and the Kremlin's foreboding threats to launch...