The Government has intervened in the controversy over fracking in Ireland, asking the Environmental Protection Agency to conduct a study assessing environmental impacts and risks associated with the practice. This will not be ready for at least another year. Above is a sign protesting against fracking   near Belcoo, Co Fermanagh, and Blacklion, Co Cavan. File photograph: Bryan O’Brien/The Irish Times

Estimates for how much natural gas can be recovered using hydraulic fracturing of shale rock may be wildly optimistic and could lead to a sharp declin(...)

Consumers are unlikely to benefit substantially from global drops in crude oil prices. Photograph: Nick Ansell/PA Wire

The cost of fuel on Irish forecourts is unlikely to fall significantly in the run up to Christmas although prices for crude oil on international marke(...)

US crude fell $1 a barrel to $80.84 after posting its largest fall in a single session in nearly two years on Tuesday

Brent crude fell to a fresh 47-month low on Wednesday before recovering to just above $84 a barrel as faltering global growth curbed demand for fuel a(...)

A member from the oil police force stands guard at Zubair oilfield in Basra, southeast of Baghdad. Photograph: Essam Al-Sudani/Reuters

Brent crude held above $114 a barrel today near a nine-month high, supported by concerns about potential supply disruptions due to fighting in Iraq. B(...)

More energy-efficient cars are contributing to a decline in carbon emissions. Photograph: Rui Vieira/PA

Energy-related carbon dioxide (CO2) emissions in the US fell by nearly 4 per cent last year and are now at their lowest level since 1994, according to(...)

Libyan prime minister Ali Zeidan was kidnapped by armed men from a hotel in Tripoli today. Photograph: Denis Balibouse/Reuters

Brent oil rose today after news of the kidnapping of Libya’s prime minister raised concerns of new supply disruptions from the North African country.A(...)

US president Barack Obama said a ‘tailored, limited’ strike could be enough to send a strong message to Syria that the use of chemical weapons cannot be tolerated. Photograph: Alex Wong/Getty Images

Brent crude dropped toward $115 a barrel today as the possibility of a delay in a US-led military strike on Syria helped calm worries on Middle East o(...)

Oil prices fell today on worries over a looming Chinese economic slowdown and decades-high oil output in the United States but stayed just above $107 (...)

Traders work at Egypt’s Stock Exchange in Cairo yesterday.Oil slipped today from a two-week high above $106 a barrel after Egypt’s armed forces toppled its president, easing concerns over the threat of supply disruption in the Middle East.  Photograph: Mohamed Abd El Ghany/Reuters.

Oil slipped today from a two-week high above $106 a barrel after Egypt’s armed forces toppled its president, easing concerns over the threat of supply(...)

Brent crude rose 16 cents to $102.59 a barrel this morning after the biggest fall in almost a month yesterday. Photograph: Lucy Nicholson/Reuters

Brent futures rose toward $103 a barrel today as the dollar weakened, regaining ground from their biggest slide in almost a month the day before.The d(...)