The Latest Breaking News from Oil

A Goverment U-turn to introduce a windfall tax remains a possibility

Three salads to adapt, mix and match: broad beans, lettuce, pecorino and mint; artichoke, parmesan and lemon; and endive with anchovy dressing and croutons

Simon Clarke, chief secretary to the Treasury was speaking on BBC Radio 4 this morning

The energy security crisis since Russia's invasion of Ukraine must not lead to a deeper dependence on fossil fuels, International Energy (IEA) chief Fatih Birol said on Monday.

An oil worker told how long covid left her with debilitating memory loss – as experts warn the number of people with the condition is increasing ‘at an alarming rate’.

Abu Dhabi-headquartered petrochemicals firm Borouge said on Monday it has set the offer price for its initial public offering (IPO), which shows it could raise about $2 billion in the deal, and secured seven cornerstone investors. The Abu Dhabi National Oil Company and Borealis' joint venture set the IPO price…

Amid unyielding criticism from Republicans, Biden warns as bleak as it seems now, Republican control of Congress would be worse

Rolling coverage of the first day of the World Economic Forum in Davos

Indonesia allowed the resumption of palm oil exports from Monday after a three-week ban, but industry players said shipments were unlikely to restart until details emerge on how much of the edible oil must be held back for domestic use.