Russian gas firm Gazprom to cut some supply to Shell
By Michael Race Business reporter, BBC News Russia-Ukraine war Shell has said it will work to keep gas flowing…
Saudi Aramco ramps up investment to boost production
The state-owned oil giant Saudi Aramco plans to sharply increase the amount it invests in energy production after it reported…
Airline giant Delta warns oil increases mean higher ticket prices
By Jonathan Josephs Business reporter, BBC News Russia-Ukraine war Higher oil prices are set to lead to a 10%…
War in Ukraine: US poised to ban Russian oil imports
Russia-Ukraine war US President Joe Biden is poised to announce a ban on Russian oil to punish the country…
War in Ukraine: Russia says it may cut gas supplies if oil ban goes ahead
By Daniel Thomas & Michael Race Business reporters, BBC News Russia-Ukraine war Russia has said it may close its…
Shell defends ‘difficult’ decision to buy Russian crude oil
Shell has defended its decision to purchase Russian crude oil despite the invasion and bombardment of Ukraine. The oil giant…
Ukraine conflict: Airbus, ExxonMobil and Boeing take action over Russia ties
Airbus has joined rival planemaker Boeing and oil giant ExxonMobil on a growing list of corporate giants cutting ties with…
Oil hits seven-year high and shares sink as Russia invades Ukraine
By Tom Espiner Business reporter, BBC News Oil prices have surged past $100 (£74) a barrel to hit their highest…
Peru oil spill after Tonga eruption an ‘ecological disaster’
An oil spill off the Peruvian coast has caused an “ecological disaster”, authorities have said. The La Pampilla refinery has…
Shell pays $111m over 1970s oil spill in Nigeria
Oil giant Shell will pay a Nigerian community $111m (£80m) over an oil spill more than 50 years ago. A…