The UK will allow new oil and gas production only from existing or nearby North Sea fields while extending the windfall tax ...

Meanwhile, speculators are increasingly bearish towards the European gas market The oil market is stuck between the potential for progress in Russia-Ukraine peace talks and what that would mean for ...

European gas storage continues to trend lower, falling below 78% full. The strong draws come amid colder-than-usual weather, ...

Canada and the United States share more than just a border. For decades, Canadian oil and gas have flowed south to power ...

Currently, there is no equivalent to fuel duty for electric vehicles. Excise duty was brought in for EVs for the first time in April 2025, costing £10 for the first year and then rising to a standard ...

Oil and gas industry advocates say they're heartened by an expected agreement between Alberta and Ottawa on a new West Coast ...

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With oil trading near $55–60 per barrel, many producers—especially smaller independents—are struggling to maintain ...

OIL industry chiefs have accused Rachel Reeves of “taxing the industry to death”  after she snubbed their pleas to scrap ...

Japan’s Osaka Gas Co. is looking to invest in more US gas-fired power plants, as the boom in artificial intelligence and data ...

An oil and gas service industry group predicts lacklustre prices for those resources will weigh on spending and activity next year, but the prospect of new export infrastructure ...

Britain will allow new oil and gas production on or near to existing fields with some conditions, the government said on ...