UK carbon futures jumped on Wednesday after a Treasury minister said the government would consider linking the country’s ...

The newly discovered gas field contains about 480 billion cubic metres of gas, which is about seven times as much as the UK consumes in a year. As British gas consumption is likely to decline in ...

A plan mapping out a green future for Scotland’s imperilled Grangemouth oil refinery proposes £3.8bn of investments over a ...

Since the 1990s, the UK has been dependent on natural gas in more ways than one. In 2023 (the most recent year for which we ...

The newly found field has around 480 billion cubic metres of gas – roughly seven times what the country consumes each year – which it is suggested could cover the UK’s gas needs for the next ...

The UK government is pushing ahead with plans to halt new oil and gas exploration licences but left room for a “pragmatic” approach to production in a move welcomed by the industry.

Europe could need as many as 250 additional LNG cargoes to arrive in the summer to refill its inventories back up to 90%.

BP said it would increase its investments in oil and gas by about 20% to $10bn (£7.9bn) a year, while decreasing previously planned funding for renewables by more than $5bn (£3.9bn).

BP’s decision will come after they set some of the most ambitious targets among large oil companies to cut their oil and gas ...