A woman walks through flood water in Cork city recently. Photograph: Niall Carson/PA

It is tempting to imagine that a sea change in Ireland’s on-again, off-again relationship with the reality of climate change has occurred in re(...)

The International Energy Agency  said US oil demand grew by 390,000 barrels a day last year, or 2 per cent, reversing years of decline. Photograph: Inpho

US demand for oil grew by more than China’s last year for the first time since 1999, according to the International Energy Agency, giving the stronges(...)

Greenpeace activists throw coal in the air during a protest in front of the Polish Economy Ministry headquarters building against the World Coal Summit and the 19th conference of the United Nations Framework Convention on Climate Change (COP19) in Warsaw yesterday. Photograph: Reuters

Most of the world’s coal reserves “will have to stay in the ground” and further investment in mines and coal-fired power stations could go ahead on(...)

The International Energy Agency said that while oil markets look well supplied in the short term, prices could rise in the next few months due to a seasonal increase in demand. Photograph: Dimas Ardian/Bloomberg News

Brent oil held above $108 a barrel today, heading for its biggest weekly gain since early July on expectations the Federal Reserve will stick with its(...)

Pump jacks are seen in the Midway Sunset oilfield, California. The US will become the world’s largest oil producer next year  thanks to its shale oil boom. Photograph: Lucy Nicholson/Reuters

The United States will become the world’s largest oil producer next year - overtaking Russia - thanks to its shale oil boom which has transformed the (...)

Fracking debate misses big point

Recent protests in England over the use of ‘fracking’ to recover gas from underground rock formations may be a harbinger of things to come. It is an i(...)

Stocktake

Uncertainty in Syria has already hit global markets. Might a serious escalation of tensions hammer stocks?Unlikely. One famous study, What Moves Stock(...)

A Syncrude Canada Ltd oil refinery in Fort McMurray, Alberta. Oil prices are on track for their biggest monthly gain in a year. Photograph: Brent Lewin/Bloomberg.

Brent crude oil slipped below $115 a barrel today as fears over supply disruptions in the Middle East eased after Britain said it will not join any mi(...)

Brent crude held steady below $108 a barrel this morning, after pulling back from a three-month peak. Photo: Bloomberg

Brent crude held steady below $108 a barrel this morning, after pulling back from a three-month peak the session before as the prospect of more supply(...)

Demonstrators erect a seven meter high “fracking rig” as they call for a ban on exploration and development of shale gas and coal bed methane in the UK.

Shale gas reserves in the north of England could supply the UK’s energy needs for years to come, scientists have declared, as warnings emerge that the(...)