energy

The government will make it illegal to grant new oil and gas licences in the North Sea, the King said at the state opening of Parliament, in a sign ministers are refusing to buckle in the face of a barrage of criticism that the policy is depriving the UK of billions of pounds in tax receipts without

Amid a new company restructuring, BP is weighing a potential sale of some of its natural gas assets in Egypt, Reuters reported on Friday, citing multiple sources familiar with the plans. The UK oil and gas supermajor has not taken any final decision on a potential sale, while a spokesperson for BP t

Exxon's once-hefty dividend is now tiny. Here's how to fix that

The regulator say the energy supplier breached licence conditions aimed at protecting customers in vulnerable situations.

Researchers have been exploring the use of different technologies to improve battery storage as part of the race to accelerate the deployment of renewable energy and shift away from fossil fuels. While lithium-ion batteries have significant potential to support utility-scale energy storage, their he

Oil, Geopolitics, and Occidental Petroleum: Here's Where the Stock Could Be in 12 Months

The United Arab Emirates, which joined OPEC in 1967, announced last month it was leaving the oil producer group on May 1.

Heavy ship traffic and rising regional tensions over one of the world’s most critical energy routes.

The United Arab Emirates, which joined OPEC in 1967, announced last month it was leaving the oil producer group on May 1.

A new global financial crisis is not confirmed, but the path toward one is now visible enough to map. The sequence starts with debt and oil before it reaches credit. Long-end sovereign yields and Brent crude are already close enough to stress levels to make the policy squeeze urgent. To close out th