Activists who spent the night on two North Sea oil platforms to campaign against leaving parts of the old rigs in the sea have ended their protest after more than 24 hours.
Protesters have climbed onto two North Sea oil platforms to campaign against leaving parts of the old rigs in the sea.
A number of arts organisations will continue to receive support from oil giants, after the National Theatre split with Shell declaring fears of “catastrophic environmental collapse”.
Saudi Arabia has taken journalists to the site of a missile and drone strike on the kingdom’s oil industry that shook global energy markets over the weekend.
Iran’s foreign minister has warned that any attack on his country over a drone and missile strike on Saudi Arabia’s oil industry will result in “all-out war”, further increasing tensions across the Persian Gulf.
Secretary of state Mike Pompeo has said the US backs Saudi Arabia’s “right to defend itself” after a weekend attack targeted the heart of its oil industry”
Saudi Arabia has claimed Iranian cruise missiles and drones were used to attack the kingdom’s oil industry, showing journalists the remains of the weapons but stopping short of directly accusing Tehran of launching the assault.
Iran has warned the US that any action against it after an attack on Saudi oil installations will “immediately” be met with a response from Tehran, its state-run news agency has reported.
Saudi Arabia’s energy minister has said 50% of its daily crude oil production cut by a weekend attack has been restored.
The tensions in the Gulf following the drone attacks on oil installations in Saudi Arabia have put pressure on prices.
With little detail flowing out of Saudi Arabia after drone attacks on a refinery and oil field over the weekend, traders in London were noticeably nervous as they awaited further details.
Initial investigations show Iranian weapons were used in the weekend attack on Saudi Arabian oil installations, a Saudi military spokesman has said.
The price of oil soared in early trading on Monday following the drone attach on Saudi Arabia’s Aramco facility over the weekend, with single day jumps not seen since Saddam Hussein invaded Kuwait in the 1990s.
Saudi Arabia’s energy minister has confirmed that drone attacks on its oil facilities knocked out about 50% of the country’s production.
Saudi Arabia’s new energy minister says producers “have to share responsibility” to balance the market.
Oilfield firm Petrofac said it expected revenues to decline next year, as fraud investigations continue into its contract dealings in Saudi Arabia and Iraq.
Oil has started flowing from one of the most complex developments in the North Sea.
BP has posted a drop in half-year profits, but delivered better-than-expected second-quarter earnings after higher production offset lower oil prices.
A raging mum has slammed vandals who poured an oil-like fluid on to a reopened playpark.
A “significant” announcement on the future of Dundee’s offshore decommissioning and renewables sector is in the pipeline for next year.