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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.

Oil markets turned higher after reported attacks in the Red Sea and a fire near the Strait of Hormuz renewed concern about shipments moving through a vital energy

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.

Documents filed by Adura suggest the North Sea Jackdaw gasfield would generate only 27 direct full-time jobs, intensifying scrutiny of its economic case

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.

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

Yemen’s Houthi movement has warned shipping companies that tankers could be targeted if they use Saudi Arabian ports on the Red Sea, raising fresh concern over regional trade routes

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

HOUSTON: Oil prices rose by more than $3 a barrel on Thursday on news that an Iranian parliament committee is reviewing a bill that would ban US and Israeli vessels from the Strait of Hormuz and fine violators up to a fifth of the value of

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.

An official assessment says Great Britain could face gas supply shortfalls in the 2030s unless ministers take exceptional steps to protect ageing infrastructure and prepare for low-probability shocks

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 prices edged higher for a third straight session as stalled peace prospects around Iran and the Strait of Hormuz kept traders focused on supply risks

The claim comes as American strikes on Iran escalate tensions across the region, with the Red Sea once again emerging as a possible flashpoint for

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

Oil price nerves have returned for businesses that were hoping fuel costs would settle, with shipping risks and Middle East tension complicating planning again. It is the kind of update that people search for

North Korea has restated its nuclear policy while Washington signals interest in renewed diplomacy and reduced military tension.

US President Donald Trump has said North Korean leader Kim Jong Un has responded to his outreach, reviving attention on whether direct diplomacy between Washington and Pyongyang could return. The comment came after

U.S. markets hovered near record territory as oil volatility, high Treasury yields and July inflation data kept investors cautious.

Oil has climbed above $95 a barrel for the first time in six weeks as renewed conflict around key shipping routes raises fears of fresh global supply disruption

Pakistan imported a record 3.482 million tonnes of palm oil worth $3.785 billion in FY26, compared to 3.214 million tonnes worth $3.4 billion in FY25, according to Pakistan Bureau of Statistics data.

Climate change is driving record heat in Europe's seas, scientists say, with the Mediterranean warming nearly 2 degrees Celsius because of human activity. The Express Tribune world feed reported that peak temperatures

Oil prices rose on Friday after US President Donald Trump warned that countries trading with Iran could face additional economic sanctions, adding a fresh layer of uncertainty to already tense global energy markets

Brent crude fell sharply as traders responded to a pause in hostilities between the US and Iran, while AstraZeneca’s chief called for faster drug innovation