Oil

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Average price of gas surpasses $6 a gallon for first time in California
The price is a record high for the state and follows a record high average price nationwide at nearly $4.59 a gallon

Dani Anguiano in Los Angeles

19, May, 2022 @8:59 PM

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‘Carbon bomb’ makers are putting all our lives at risk | Letters
Letters: Peter Muchlinski, Robert Cooper and Andy Bradley respond to the Guardian’s exposé of big oil’s fossil fuel projects that are a colossal threat to the climate and human life

Letters

19, May, 2022 @4:47 PM

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Windfall tax would hit renewables investment, National Grid boss says
John Pettigrew claimed a levy on oil and gas companies could derail efforts to meet climate crisis targets

Alex Lawson Energy correspondent

19, May, 2022 @12:48 PM

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Shell boss faces investor rebellion over £13.5m pay package
Pirc urges shareholders at AGM to vote against Ben van Beurden’s ‘excessive’ pay

Alex Lawson Energy correspondent

18, May, 2022 @2:16 PM

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EU plans ‘massive’ increase in green energy to help end reliance on Russia
European Commission says extra €210bn needed over next five years to pay for phasing out of Russian fossil fuels

Jennifer Rankin in Brussels

18, May, 2022 @1:24 PM

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Carbon bombs: Inside the 20 May Guardian Weekly
Uncovering the oil and gas mega-projects. Also: anger in Buffalo

Graham Snowdon

18, May, 2022 @8:00 AM

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Why do petrol and diesel prices keep climbing when oil has fallen?
Even as oil prices fall from highs in March, the cost of filling up a diesel vehicle has rocketed

Alex Lawson Energy correspondent

17, May, 2022 @4:42 PM

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EU growth forecast cut as war in Ukraine fuels inflation
European Commission downgrades growth prospects from 4% to 2.7%, while economy slows rapidly in China

Larry Elliott Economics editor

16, May, 2022 @12:48 PM

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Average UK price of diesel hits record of more than £1.80 a litre
Further rise likely if EU ban on Russian oil goes ahead, and petrol up 3p since start of month at 166.65p

Alex Lawson Energy correspondent

16, May, 2022 @11:49 AM

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Hungary ‘holding EU hostage’ over sanctions on Russian oil
EU unable to agree on sixth package of sanctions as Budapest continues to block proposed oil embargo

Jennifer Rankin in Brussels

16, May, 2022 @9:51 AM

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Saudi oil giant Aramco reports 82% rise in quarterly profits
Investors to get $4bn in bonus shares after record earnings of $39.5bn on higher demand and crude prices

Sarah Butler

15, May, 2022 @1:12 PM

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Unite union seeks talks with Sturgeon over Grangemouth refinery
Union says oil refinery’s ‘strategic importance’ means talks about possible threats are urgent

Alex Lawson Energy correspondent

15, May, 2022 @11:16 AM

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