It is the first major energy extraction agreement with a foreign firm since the Taliban took power. Source link

The government has extended the windfall tax on oil and gas companies. Source link

The oil price cap, agreed by Western countries, aims to reduce Russian revenue for its war in Ukraine. Source link

Jeanne Martin, head of the banking programme at ShareAction, a charity that campaigns for reducing investment for fossil fuels like oil and gas, said: "HSBC's announcement sends a strong ...

The G7 nations and its allies have agreed to limit the price of Russian oil to $60 a barrel. Source link

The price of crude fell below $23 a barrel at one point as demand plummets due to the coronavirus pandemic. Source link

"We have been clear that we want to encourage reinvestment of the sector's profits to support the economy, jobs, and our energy security, which is why the more investment ...

Plunging demand, oversupply and dwindling storage space trigger another global oil selloff. Source link

Current chief executive Ben van Beurden will leave at the end of 2022 after nine years at the helm. Source link

Rosneft Deutschland, which accounts for about 12% of German oil processing capacity, will fall under the trusteeship of the Federal Network Agency regulator, which said the original owner no ...

In the US, several large US companies have already filed for bankruptcy, with more expected in a sector where debt levels were already dangerously high. Services firms, desperate to ...

Members of the Group of Seven say the move will hurt Russia's ability to finance its war on Ukraine. Source link