Harbour Energy chief says sector will be vital for decades as Wintershall deal completes
Brent drops 5% on global oversupply concerns
Neo Energy has warned it will slow UK investments, blaming ‘fiscal and regulatory uncertainty’
Energy economics specialist Víctor Rodríguez will run Mexico’s 86-year-old state oil company Pemex
Energy minister says government could have done more to make offshore discovery commercially viable
UK energy companies were allowed by regulator to recoup rising costs through customer bills
Declining fossil fuel output and surging demand spark energy shortage despite production from vast Zohr field
Democratic presidential candidate has dropped her opposition to fracking but still supports green transition
Sadiq al-Kabir the focus of high-stakes power struggle that has shut down most of the country’s oil production
Chief executive Wael Sawan’s cost-cutting drive has reached the oil major’s core upstream business
Also in today’s newsletter, the familiar name foiling Democrats’ efforts to rein in big business, and falling petrol prices
Bank’s analysts cut share price targets for BP, TotalEnergies, Shell, Equinor and Repsol over weaker fossil fuel prices
Fire onboard the Greek-owned Sounion had sparked warning of an imminent ‘ecological disaster’
Decision casts doubt on the future of the project, one of the North Sea’s biggest
Coalition reduces financing by $15bn but does not deliver equivalent rise in funding for clean energy projects
The Sounion has a cargo of 1mn barrels of crude and is on fire after being attacked by Houthi rebels in Yemen
Climate activists might celebrate the contraction in production but countries need to finance their energy transitions
US says vessel targeted by Houthis appears to be leaking crude from its 1mn-barrel cargo
Boom for traders that followed Russia’s full-scale invasion of Ukraine may be coming to an end
Lowest levels since March look set to keep tumbling as the US election draws near
Energy economics specialist Víctor Rodríguez tasked with helping turn round the fortunes of state-run energy company
Political wrangling sends crude 3% higher
Bullish forecast from US supermajor contrasts with predictions of rapid transition form fossil fuel
Contested location of GB Energy’s headquarters to be announced soon, says minister
Warning from EU task force comes after Houthis claim to have struck vessel carrying 150,000 tonnes of crude
