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Wednesday, December 2, 2020
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Libyan oil production resumes amid peace talks between rival factions

Libya’s national oil company announced it was resuming production at the country’s largest oil field as rival officials from eastern and western Libya began...

Leaking oil ship splits apart near protected areas off Mauritius

The grounded Japanese ship that leaked tons of oil near protected areas off the Indian Ocean island nation of Mauritius has split apart, officials...

BP cuts dividend for first time since Deepwater Horizon after huge loss

BP has slashed its dividend payout for the first time since the Deepwater Horizon disaster, after the company’s profits were squeezed by a drop...

Opec and allied nations extend cut in oil production by a month

Opec and allied nations have agreed to extend a production cut of nearly 10 million barrels of oil a day through to the end...

Vladimir Putin lambasts billionaire over oil spill in Arctic region

Russian President Vladimir Putin chastised the billionaire owner of a nickel giant for negligence over a massive fuel oil spill that has inflicted huge...

Blow to pension savers as Shell cuts dividend for first time since 1945

A decades-long streak was brought to an end by the coronavirus on Thursday as oil giant Shell slashed its dividend for the first time...

Shell reveals ambition to be emissions-neutral by 2050

The boss of one of the world’s biggest oil producers has said it is vital to look to the long term amid...

Global deal to cut oil output in sight after Mexico signs up

Opec and nations including Russia have agreed to boost oil prices by cutting as much as 10 million barrels a day in production. Even more...

BP cuts spending to strengthen finances amid ‘brutal’ conditions

BP said it is acting quickly to strengthen its finances amid the “most brutal environment for oil and gas businesses in decades” after prices...

Shell warns over hit of up to €730m after oil price crash

Royal Dutch Shell has warned it expects to take a hit of up to $800m (€730m) in the first quarter as the coronavirus crisis...

Latest news

UN allowed humanitarian access to conflict-hit region of Ethiopia

The United Nations has signed a deal with Ethiopia’s government to allow “unimpeded” humanitarian access to the embattled Tigray region – at least the...

Joe Biden’s victory certified in two key states as Donald Trump fights on

Two battleground states, Wisconsin and Arizona, certified their presidential election results in favour of Joe Biden, even as President Donald Trump’s legal team continued...

China probe lands on moon in bid to return lunar rocks to Earth

A Chinese robot probe sent to return lunar rocks to Earth for the first time since the 1970s landed on the moon, the government...

Belarus opposition to make list of police officers accused of abuse

Belarus’ opposition will compile a register of police officers accused of abuses against peaceful demonstrators protesting the reelection of the country’s authoritarian leader, an...

Two killed as car ploughs into pedestrian zone in German city

Two people were killed and several injured in the southwestern German city of Trier when a car drove into a pedestrian zone, police said. Trier...
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