Stock markets around the world were mixed this morning, as a jump in oil prices threatens to add upward pressure on inflation.

Fears of another wave of inflation as oil price 'heading for $100 a barrel'

A 2019 aerial photo provided by ConocoPhillips shows an exploratory drilling camp at the proposed site of the Willow oil project.

Climate activists have said the deal will put the US president's climate legacy at risk and break his campaign promise to stop new oil drilling on public lands.

Joe Biden approves Willow oil drilling project in Alaska despite criticism

Unsurprisingly, climate campaigners are furious. Greenpeace accuses BP of 'mining gold out of the vast suffering caused by the climate and energy crisis.'

BP to produce more oil and gas but insists it is still on road to net zero

The London arts venue has faced pressure from environmental campaigners to distance itself from the oil giant.

Royal Opera House cuts ties with long-term sponsor BP after climate protests

The UK and EU have stopped buying shipments of crude oil from Russia in one of the most far-reaching efforts so far to target Putin's war chest.

West sets oil price cap and Russian crude ban in bid to choke Putin's profits

The sculpture was unveiled ahead of world leaders meeting in Egypt as part of COP27.

'Liquid death' giant engine oil fountain sculpture unveiled in Bristol

The Biden administration is furious and threatening to re-evaluate the whole US-Saudi relationship. 

The Saudis humiliate Joe Biden - and deliver a victory to Moscow

The 33rd round of offshore licences has been instigated by the North Sea Transition Authority, which has estimated that over 100 may eventually be granted.

UK starts new licensing round for oil and gas exploration despite climate fears

Sarah Webb, 50, is defiant despite spending six nights in a women's prison for breaching a court injunction

I'd do it again, says protestor who spent six days in jail for oil demonstration

The explosion on Friday night was triggered by a fire at two fuel storage areas where more than 100 people worked. 

Manhunt underway after explosion at Nigerian oil refinery leaves many dead

080422 FUEL PROTESTS ESSEX/ANG ESX POLICE

The deputy chief constable of Essex Police has called for fuel distribution companies to step up their own private security rather than relying on police.

Police under 'real strain' as bill for fuel protests tops £1m

The sanctions imposed on Russia are hurting its economy - but those sanctions have been carefully designed to avoided disrupting the supply of energy. 

Why is Europe still buying Russian oil and gas?

Employees stands on part of the BP Etap platform (Eastern Trough Area Project) in the North Sea, around 100 miles east of Aberdeen, Scotland, as David Cameron visited the oil and gas platform as the focus of the Scottish independence debate shifted to the future of North Sea production.  Andy Buchanan/PA


As the world moves towards an eco-conscious future, change is already happening in a city where tens of thousands of jobs rely on the oil and gas industry.

How Aberdeen, the oil capital of Europe, is adapting to a clean energy future

A controversial plan to allow exploratory drilling for oil on the Isle of Wight  has been rejected by councillors.

Plans to drill for oil on Isle of Wight rejected

Upon further investigation, South West Water staff were able to establish that oil had managed to enter the sewer from an "external source." 

Oil

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