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Tuesday, July 7, 2020
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Oil

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...

Beat The Winter Blues

Winter can come with its share of ups and downs. The festive season followed by a January low, what is common is the winter...

Saudi oil giant Aramco ‘to be floated on stock market’

The long-planned initial public offering of a sliver of Saudi Arabia’s state-run oil giant Saudi Aramco will see shares traded on Riyadh’s stock exchange...

UK agrees to further talks over disposal of old Shell oil rigs

The UK has agreed to hold further talks with other European countries before deciding whether to approve Shell’s plans to decommission four disused oil...

Latest news

Macron removes French interior minister after police protests

French President Emmanuel Macron has removed his interior minister as part of a government shake-up on Monday following protests against police brutality. The reshuffle is...

UK demand for new cars down almost 35% in June

Demand for new cars fell by 34.9% last month, an automotive industry body said. Only 145,377 new cars were registered in June compared with 223,421...

Nemanja Matic signs new Manchester United contract

Nemanja Matic has signed a new contract with Manchester United which will keep him at the club until June 2023. The 31-year-old Serbia midfielder joined...

Beijing accuses UK of ‘gross interference’ over Hong Kong citizenship offer

Beijing has accused ministers of a “gross interference into China’s internal affairs” by offering Hong Kong residents a route to citizenship over a controversial...

Anger as social distancing keeps Grenfell victims from Inquiry

Victims of the Grenfell Tower fire have expressed anger at not being able to attend the inquiry into the disaster due to social-distancing measures. The...
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