BP has said it "can and will do better" to develop and monetise its oil and gas production as the energy giant continues to shift away from renewables and ...

US President Donald Trump has issued an executive order hitting India with an additional 25% tariff over its purchases of Russian oil. That will raise the total tariff on ...

Production has ended at a Lincolnshire oil refinery, the government has confirmed. Lindsey Oil Refinery, near Immingham, was taken over by the Official Receiver in June after its owner ...

Pritti Mistry & David McKennaBBC NewsBBCA union says about 1,000 jobs are at risk including contractors and the supply chainThe government is funding the official receiver to ensure the ...

Oil prices tumbled by 5% on Tuesday after Israel agreed to a ceasefire with Iran after nearly two weeks of conflict.Brent crude, the international benchmark for oil prices, fell ...

Global oil prices jumped after Israel said it had struck Iran in a dramatic escalation of tensions in the Middle East.The price of the benchmark Brent crude rose more ...

A North Dakota jury has found Greenpeace liable for defamation, ordering it to pay more than $660m (£507m) in damages to an oil company for the environmental group's role ...

BBC Verify explores how a ship carrying a highly-toxic chemical hit a tanker in the North Sea that was transporting jet fuel for the US military. The incident occurred ...

Simon Jack and Faarea MasudBusiness editor and business reporter, BBC NewsGetty ImagesBP has announced it will cut its renewable energy investments and instead focus on increasing oil and gas ...

Joshua Cheetham, Olga Robinson & Matt MurphyBBC VerifyReutersSatellite images reviewed by BBC Verify have shown a major oil slick spreading across the Kerch Strait that separates Russia from annexed ...

BBCCampaigners gathered outside the Court of Session ahead of the hearingA legal challenge over the decision to give consent to the UK’s largest untapped oil field is taking place ...

The government is investigating 37 UK-linked businesses for potentially breaking Russian oil sanctions - but no fines have been handed out so far, the BBC can reveal.Financial sanctions on ...