G7 leaders agree to investigate capping oil import price
Democratic leaders will aim to drive the price of oil down through restrictions on businesses.
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Business & Regulation
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Business & Regulation
Russia cuts gas exports to Shell and Ørsted after refusal to change payments
Russia is looking to pressure companies into paying for energy with its currency.
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UK chancellor announces tax on oil and gas profits
After weeks of uncertainty, the UK Government has said that it will impose a one-time tax on oil and gas…
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Brazilian president disposes of Petrobras CEO – again
The Brazilian president has disposed of the company’s third CEO in two years.
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Current carbon developments would lock in unsustainable future
An investigation has found that the pace of fossil fuel developments still exceeds necessary decarbonisation.
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EU plans total embargo of Russian oil, but obstacles remain
Responding to the invasion of Ukraine, the EU commission plans its biggest sanction yet.
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Halliburton reports 24% increase in first quarter revenue
The company posted a total revenue of $4.3bn in the first quarter of 2022.
Petrobras CEO nominee rejects position ahead of AGM
Company shareholders remain uncertain of Petrobras’ direction after CEO and chair nominees withdraw.
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