Rex Tillerson

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 The oil industry giant reported  a $3.3 billion fourth-quarter loss as oil prices continue to fall globally. Photograph: Spencer Platt/Getty Images

Shares in BP fell as much as 10 per cent on Tuesday after the UK oil major reported its worst annual loss of $5.2 billion (€4.76 billion), hit by bill(...)

 An art installation by  Danish-Icelandic artist Olafur Eliasson entitled Ice Watch, made with parts of Greenland’s ice cap, on display in front of the Pantheon in Paris.  Photograph: Eric Feferberg/AFP/Getty Images

Organisers of the COP21 UN climate conference and environmentalists are deeply divided over the role of the fossil fuel industry. A group of NGOs sub(...)

A fall in crude stockpiles in the United States may have supported a price increase but sentiment points to further likely decreases.

Brent crude rose above $70 a barrel on Thursday, gaining nearly 1 per cent along with US futures as a fall in crude stockpiles in the United States su(...)

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