Category: Commodities
North Sea oil industry urges Burnham to approve new drilling in UK waters
Lobby appeals to prospective PM’s reindustrialisation agenda as it pushes for Rosebank and Jackdaw approvalThe UK’s North Sea oil industry has made a last-ditch attempt to curry favour with the Labour government by...
Read MoreNigel Farage received £270,000 from gold marketer he promotes
Reform UK leader’s Direct Bullion payment is double his fee from 2025UK politics live – latest updatesNigel Farage received £270,000 from a gold marketer for which he is a brand ambassador, his single biggest...
Read MoreNigel Farage received £270,000 from gold marketer he promotes
Reform UK leader’s Direct Bullion payment is double his fee from 2025UK politics live – latest updatesNigel Farage received £270,000 from a gold marketer for which he is a brand ambassador, his single biggest...
Read MoreNigel Farage received £270,000 from gold marketer he promotes
Reform UK leader’s Direct Bullion payment is double his fee from 2025UK politics live – latest updatesNigel Farage received £270,000 from a gold marketer for which he is a brand ambassador, his single biggest...
Read MoreReeves seizes on surprise UK growth as evidence Labour leadership must stay
Chancellor says ‘now not the time to put economic stability at risk’ as ONS records 0.3% growth in first month of Iran warBusiness live – latest updatesAnalysis: Reeves says ‘if economy ain’t broke,...
Read MoreUK economy records surprise 0.3% growth in first month of the Iran war
GDP reading ties in with some surveys suggesting UK plc has kept up momentum despite rising fuel costsThe UK economy unexpectedly grew during the first full month of the Iran war, according to official figures, suggesting the...
Read MoreAirlines and companies using fuel surcharges to cover surge in costs, UK survey shows
Firms raising prices at fastest rate in three years, driven by soaring energy and wage bills but also extra cost of metals and plasticsBusiness live – latest updatesOil prices fall as Trump hails ‘progress’ on...
Read MoreHelium: the invisible gas that powers AI, and why it’s in short supply – podcast
Alongside the oil and gas stranded in the strait of Hormuz is another commodity vital to today’s economy: helium. It is a critical element in all kinds of areas from MRI machines to the Large Hadron Collider, and even...
Read MoreNew North Sea drilling would barely reduce UK gas imports at all, data shows
Exclusive: research finds Jackdaw field would provide only about 2% of current demand, and Rosebank only 1%Opening major new fields in the North Sea would make almost no difference to the UK’s reliance on gas imports,...
Read More‘Food security timebomb’: a visual guide to the Gulf fertiliser blockade
UN says record numbers of people could face acute hunger if conflict continuesThe world has become well versed in the importance of the strait of Hormuz to the world’s energy flows, but attention is increasingly turning to...
Read MoreWould more North Sea drilling mean lower energy prices for UK consumers?
Kemi Badenoch claims increased UK oil and gas production would cut bills by £200, but critics say plan won’t workOil prices hit $100 a barrel soon after the US and Israel launched their attack on Iran, and though...
Read MoreUK offers to host international security summit on reopening strait of Hormuz
Defence chiefs have been discussing how to unblock the conduit for about a fifth of the world’s oil suppliesThe UK has offered to host an international security summit to draw up a “viable, collective plan” to...
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