Category: Oil and gas companies

Why Russia’s economy is unlikely to collapse even if oil prices fall

Hopes that tougher sanctions and lower oil prices could derail Putin’s war effort underestimate how far the Kremlin has rewired its economyPacing inside the Kremlin last weekend, as news feeds churned out minute-by-minute...

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Ed Miliband looking into more North Sea drilling despite Labour pledge

Exclusive: Energy secretary examining ways to allow oil and gas exploration without breaking manifesto promiseEd Miliband is planning to encourage drilling in the North Sea despite a manifesto promise not to grant new licences...

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‘Total infiltration’: How plastics industry swamped vital global treaty talks

Petrostates and well-funded lobbyists at UN-hosted talks are derailing a deal to cut plastic production and protect people and the planetBeing surrounded and yelled at about “misrepresenting reality” is not how...

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Reeves promised oil industry ‘quid pro quo’ over windfall tax in private meeting

Government accused of making ‘secret exchange deal’ with fossil fuel companies to compensate for tax hikeThe chancellor, Rachel Reeves, told a fossil fuel company the industry would receive a “quid pro...

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‘This is the looting of America’: Trump and Co’s extraordinary conflicts of interest in his second term

Bitcoin, internet, EVs, private dinners for hire – the list of pay-for-play and quid quo pro goes on, and on … and onThe South Lawn of the White House had never seen anything like it. The president of the United...

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Miliband in blistering attack on Farage’s UK net zero ‘nonsense and lies’

The energy secretary has accused Reform UK’s leader of peddling dangerous falsehoods about renewable power• Tories and Reform use the steel crisis to knock clean energy. They’re wrong: it will secure all our...

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Ban on new drilling confirmed as ministers consult on North Sea’s ‘clean energy future’

Gas and oil industry cautiously welcomes government proposals that could ease tax burden on sectorThe UK government has pledged to “unleash the North Sea’s clean energy future”, as it confirmed plans to ban new...

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Keir Starmer urged to resist pressure to permit Rosebank North Sea oilfield

Leading climate group warns of damage to green agenda if giant project goes aheadKeir Starmer will do huge damage to the global fight against climate change if he gives in to political pressure and allows the development of a...

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