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World

Satellite data finds landfills are methane ‘super emitters’

Landfills are releasing a significant amount of planet-warming methane into the atmosphere from the decomposition of waste, scientists have warned. Researchers used satellite data from four major cities — Delhi and Mumbai in India, Lahore in ...

11 Aug 2022 at 11:41

Oil and gas prices soar as Ukraine conflict intensifies

The price of a barrel of oil soared again on Wednesday as the conflict in Ukraine raged on. A barrel of Brent Crude hit 111 dollars, a seven-year high, as hard-hitting sanctions on the Russian economy took hold. Future gas prices on ...

02 Mar 2022 at 16:25

Oil prices soar as Ukrainian conflict intensifies

The price of a barrel of oil soared again on Wednesday as the conflict in Ukraine raged on. A barrel of Brent Crude hit 111.36 dollars, a new seven-year high, as hard-hitting sanctions on the Russian economy took hold. Sanctions ...

02 Mar 2022 at 10:25

Tax relief for oil and gas firms ‘could have insulated two million homes’

A tax break for investment in oil and gas production worth up to £5.7 billion could have insulated two million homes, a think tank has said. The support, part of the emergency cost-of-living package unveiled last week, could ...

31 May 2022 at 11:33

World

IEA nations to release millions of barrels of oil amid war

The International Energy Agency said that its member countries are releasing 60 million barrels of oil from their emergency reserves on top of previous US pledges to take aim at energy prices that have soared since Russia ...

07 Apr 2022 at 20:55

Oil prices fall ‘as US mulls record release from crude reserves’

Oil prices have dropped sharply as the United States is reportedly poised to make the biggest ever release of emergency crude reserves to tackle soaring fuel costs. The price of Brent crude – the most commonly used way ...

31 Mar 2022 at 10:25

City

HSBC makes environmental pledges for fossil fuel funds

HSBC has published emissions targets that it claims will make it a “net-zero bank” by the middle of this century at the latest. The business said the targets for its oil and gas and power and utilities portfolios ...

22 Feb 2022 at 12:25

World

Methane emissions ‘significantly higher than countries claim’

Emissions of planet-warming methane from oil, gas and coal production are significantly higher than world governments claim, according to the International Energy Agency. The Paris-based agency said its analysis ...

23 Feb 2022 at 12:55

Equinor offices targeted by climate protesters over Rosebank oil field

Climate protesters have gathered outside Norwegian oil giant Equinor’s London offices to oppose the company’s plans to develop the Rosebank oil and gas field. Rosebank, which lies west of the Shetland Islands, ...

10 May 2023 at 15:08

UK risks losing £65m in exports without heat pump switch, analysts warn

The UK risks losing out on £65 million every year by the end of the decade if it does not speed up the rollout of heat pumps, energy analysts have said. Three-quarters of the UK’s boiler exports are to ...

24 Aug 2023 at 09:06

Paris Agreement target still alive thanks to clean energy growth, says IEA

The window for keeping the Paris Agreement alive has shrunk but remains open thanks to the growth in clean power generation, the International Energy Agency (IEA) has said. In an update to its roadmap ...

26 Sept 2023 at 06:00

Academics urge Sunak to end approvals for new oil and gas projects

Hundreds of academics have sent a letter to Prime Minister Rishi Sunak urging him to end approvals for all new oil and gas developments. Signed by 700 experts from universities and research bodies ...

29 Mar 2023 at 07:32

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