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BP placed its North Sea operation under review for a potential sale, arguing that another owner may be better positioned to invest in the mature UK portfolio.

Incoming Prime Minister Andy Burnham faces immediate pressure on North Sea energy projects as he prepares to assemble his cabinet and launch an ambitious domestic policy agenda this coming Monday

Production at Rosebank, the UK's biggest undeveloped oil and gas field, could be delayed for months after equipment was accidentally dropped into the sea, as the government weighs granting a licence.

Global oil prices moved higher after fresh reports of disruption in two of the world’s most closely watched shipping routes, underscoring how quickly tensions in the Middle East can ripple through energy markets…

With the Strait of Hormuz effectively closed, the militant group’s threats in the Red Sea jeopardize Saudi Arabia’s main workaround for oil

Jackdaw gasfield would create only 27 direct full-time jobs, documents show The economic case for the Jackdaw gasfield in the North Sea has come under fresh scrutiny after publicly filed documents indicated the project…

Crude prices are climbing again after Houthi claims of attacks on tankers in the Red Sea, raising fresh questions about fuel costs, inflation and global

Argentina says it will file criminal charges against Navitas Petroleum and company executives over operations linked to oil exploration around the Falkland Islands, sharpening a sovereignty dispute that has sat at the…

Heatwaves, high energy prices and calls for reindustrialisation and North Sea drilling all rank high on the to-do list facing Andy Burnham as he becomes Britain's next prime minister.

Houthi forces launched missile attacks against Saudi oil tankers in the Red Sea as American military strikes on Iranian infrastructure entered their twelfth consecutive night of intense regional hostilities

Oil has climbed above $100 for the first time since May after a fifth straight day of gains, as reports of Red Sea attacks added fresh pressure to already tense

Poland's state-backed energy group Orlen is moving to diversify crude oil supplies as disruptions linked to Saudi oil flows push European refiners to look more widely across global markets. ## Orlen looks beyond Saudi…

Ukraine struck Russia?s Black Sea naval base at Novorossiysk, raising pressure on Moscow?s war logistics and Black Sea trade risk.

Yemen’s Houthis have escalated pressure on Red Sea shipping by warning that tankers could be attacked if they use Saudi Arabian ports, a move that adds a new layer of risk to already strained maritime routes in the…

Oil prices moved higher as U.S.-Iran diplomacy stalled and reduced traffic through the Strait of Hormuz renewed concern about global energy supplies.

Yemen’s Houthi movement says it targeted two Saudi oil tankers, following its recent announcement of a naval embargo on Saudi

Oil prices climbed sharply on Thursday after reports that an Iranian parliamentary committee is reviewing a proposal that could restrict US and Israeli vessels from the Strait of Hormuz. The move added fresh supply-risk…

Crude has returned to the $100 mark for the first time since May, as traders weigh escalating conflict risks spanning the Persian Gulf and the Red Sea.

Britain’s gas system is moving back to the centre of the policy debate after an official assessment warned that the country could face supply problems in the 2030s unless ministers act more aggressively to protect the…

North Korea launched a ballistic missile from its eastern coast days before major US-South Korea exercises, according to officials in Seoul and Tokyo.

Oil price slides as us and iran pause fire cancer treatments were among the day’s key business themes in The Guardian Business live coverage, with markets reacting quickly to signs that the latest Middle East flare-up…

Yemen’s Houthi movement has claimed an attack on oil tankers at a time when the United States is carrying out more strikes on Iran, adding to already high tensions across the wider region. The claim is notable because…

The FAO Food Price Index edged higher in July as disruption and difficult weather lifted wheat, sugar and vegetable-oil quotations.

Saudi Arabia temporarily halted operations on its East-West oil pipeline after reported drone strikes against parts of the route, adding a new layer of concern to regional energy security at a time when shipping routes…