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
Berkshire Hathaway increases stake in Occidental Petroleum
With the latest purchases, Berkshire Hathaway now holds approximately 152.7 million Occidental shares.
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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UK considering windfall tax on oil and gas companies as cost-of-living soars
The price of electricity, gas and other fuels within CPI measurement is already 69.6% higher than a year ago.
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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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