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Russian president Vladimir Putin attends a loading ceremony of the ‘Christophe de Margerie’, an ice-class tanker, at the Yamal LNG plant in the Arctic port of Sabetta.

Vladimir Putin visited Arctic Siberia on Friday to celebrate the launch of a $27 billion (€23 billion) liquefied natural gas (LNG) development that wi(...)

Shell has been in Africa’s biggest oil producer the longest. Photograph: Simon Dawson/Bloomberg

Royal Dutch Shell should face investigations in three countries for alleged complicity in Nigerian government abuses, including murder and rape, more (...)

Activists hold a sit-in at  COP23 in Bonn. Photograph: Epa/Philipp Guelland

Stronger Chinese economic growth and greater use of coal will push global greenhouse gas emissions to a record high in 2017, according to a report iss(...)

A trader works on the floor of the New York Stock Exchange on Friday. Stocks climbed after new figures showed the US economy had grown 3 per cent in the third quarter. Photograph: Michael Nagle/Bloomberg

Robust corporate earnings reports helped a broad advance in world equity markets on Friday. Despite political turmoil in Spain, European shares rose m(...)

 Iranian supreme leader Ayatollah Ali Khamenei at a meeting with Iranian elite students in Tehran, Iran, today. Photograph: Iran supreme leader website/EPA

Iran’s supreme leader has described Donald Trump as “mentally retarded” as he urged Europe to do more to back the 2015 nuclear deal, following the US (...)

Providence Resources has put out a request for pricing on a rig for its prospect at Barryroe, off the coast of Cork. Photograph: Finbarr O’Rourke

Shares in Providence Resources took a kicking on Monday after the Irish explorer run by Tony O’Reilly jnr revealed its Drombeg prospect off the southw(...)

In the US, uncertainty about the impact of tropical storm Harvey pushed investors toward safe-haven assets. Photographer: Michael Nagle/Bloomberg

Sterling-sensitive stocks such as C&C, Total Produce and Bank of Ireland were out of sorts on Monday in Dublin as the UK currency continued its lo(...)

The new crude pipeline will connect Uganda’s Hoima oilfields in the west to the port of Tanga in neighbouring Tanzania.  Photograph: iStock

Standard Bank Group’s Ugandan unit plans to raise $3 billion (€2.56bn) for a crude pipeline by the second half of next year as the east African countr(...)

The award comes days after Providence agreed a €19 million deal with a subsidiary of French giant Total. Photograph: iStock

Oil and gas explorer Providence has awarded share options worth almost €640,000 to its chairman Pat Plunkett and four non-executive directors. The ne(...)

 British oil giant BP rebounded back into net profit in the first quarter, energised by deep cost-cutting and rising crude prices, the group announced on May 2, 2017.  Photograph: Getty Images

BP’s profit nearly tripled in the first quarter of 2017 from a year earlier thanks to higher oil prices and production, and as its sharp cost cutting (...)

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