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Oil prices drop as China data show ‘loss of momentum’ in Covid-19 recovery – business live

Key events 30m ago Another £12bn needed to keep UK energy bills support at same level, says IFS 1h...
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Business

BP profits triple to $8.5bn as energy prices soared – business live

Key events 12m ago Labour: More eye-watering profits for oil and gas producers 34m ago BP boosts dividend 50m...
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Business

Oil company profits boom as Americans reel from high fuel prices

The US’s biggest oil companies pumped out record profits over the last few months as Americans struggled to pay...
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Business

Wellcome Trust sells stakes in large oil and mining companies

One of the UK’s biggest philanthropic investors has quietly sold its stakes in large oil and mining companies such...
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Business

Ukrainian president Zelenskiy accuses Vitol over ‘Russian blood oil’

The Ukrainian president, Volodymyr Zelenskiy , has called on the world’s largest independent oil trader to stop shipping Russian...
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Business

Fossil fuel industry faces surge in climate lawsuits

The world’s most polluting companies are increasingly being targeted by lawsuits challenging their inaction on climate change and attempts...
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Technology

California plan to slash planet-warming emissions and achieve carbon neutrality draws criticism

SACRAMENTO, Calif. -- Heat waves and drought gripping California highlight the urgency to slash fossil fuel use and...
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Business

Fossil fuel firms ‘have humanity by the throat’, says UN head in blistering attack

Fossil fuel companies and the banks that finance them “have humanity by the throat”, the UN secretary general has...
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