‘Greenwashing’: fossil fuel execs to hold invite-only forum at UN climate summit

BP, Shell and Chevron representatives will be at event on sidelines of UN climate summitOil and gas executives are holding an exclusive invitation-only forum with environmentalists and government representatives on the sidelines of the UN climate summi…

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Saudi oil attacks push prices up by highest amount since 1988

Price of Brent crude surges by more than $12 a barrel as 5% of world’s oil supply is wiped outThe Saudi oil attacks have triggered the steepest petroleum market price surge in 30 years and stoked fears for the global economy.The attacks on Saudi Arabia…

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Political uncertainty puts London listing for Saudi Aramco in doubt

Decision to rule out UK and Hong Kong would be major blow to both financial centresSaudi Arabia’s revived plans for a $2tn mega-listing of its state oil company may rule out the London Stock Exchange amid Britain’s rising political uncertainty, accordi…

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Ineos looks to US for fracking sites as UK options wane

Sir Jim Ratcliffe slates government restrictions as ‘archaic and unworkable’Sir Jim Ratcliffe, one of Britain’s richest men, has set his sights on the US shale gas industry as his fracking ambitions in the UK wane.The owner of petrochemicals giant Ineo…

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European markets rattled as global recession fears linger

Index of Britain’s top 100 firms at six-month low and oil prices fall 3% to below $58 a barrelStock markets in Europe extended their losing streak on Thursday and oil prices fell 3% to below $58 a barrel as mounting recession concerns continued to hit …

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