Finance News – U.K.
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Ed Miliband forced to look again at North Sea oil and gas
The government is reconsidering regulatory adjustments for North Sea oil and gas operations to potentially reduce consumer energy costs and impact investment in the sector’s future...
Read Full Article →Shell boss warns of ‘huge impact on trade’ if Israel-Iran conflict escalates
Disruptions in the strategic maritime route essential for a significant portion of global oil transport may lead to volatility in energy prices and widespread consequences for inte...
Read Full Article →Shell and BP: FTSE 100 giants get analyst backing after oil surge
The recent rise in oil prices amid geopolitical tensions has led to increased investor confidence and positive analyst recommendations for major energy companies within the FTSE 10...
Read Full Article →The first North Sea oil is pumped ashore in Britain – archive, June 1975
The commencement of oil extraction in the North Sea marked a pivotal moment that contributed significantly to Britain's economy by enhancing energy independence and generating subs...
Read Full Article →Oil trades at four-month high as Israel-Iran conflict enters sixth day
The recent escalation in the Israel-Iran situation has contributed to a notable increase in oil prices, influencing global markets and potentially affecting energy-related expenses...
Read Full Article →World’s largest banks pledged $869bn to fossil fuel firms in 2024, new report finds
In 2024, leading global financial institutions substantially raised their monetary support to companies in the coal, oil, and gas sectors, increasing total investments by over $160...
Read Full Article →UK petrol prices poised to rise as Israel-Iran conflict pushes up cost of oil
The ongoing Israel-Iran tensions have increased oil costs, potentially leading to higher fuel expenses for UK consumers despite a recent decline in Brent crude prices due to hopes...
Read Full Article →The fallout from Israel’s strikes on Iranian energy sites
Disruptions to Iran's oil and gas facilities have the potential to increase volatility in global energy prices and impact economic stability in affected regions.
Read Full Article →Oil in the new age of volatility
Rising energy costs are expected to challenge efforts to reduce inflation and may limit the central bank's ability to implement interest rate reductions in the near future.
Read Full Article →How the Israel-Iran attacks could impact the global economy
Tensions between Israel and Iran may disrupt key oil supplies and shipping routes in the Middle East, potentially causing fluctuations in global markets and affecting international...
Read Full Article →Oil and gold prices soar and stock markets fall after Israel’s attacks on Iran
The recent military actions in the Middle East have led to a marked rise in commodity prices, particularly crude oil and precious metals, while global equity indices experienced no...
Read Full Article →Why oil traders are watching the Strait of Hormuz
The possibility of interruptions in a key maritime passage has caused crude oil prices to increase, highlighting the waterway's critical role in global energy markets and supply ch...
Read Full Article →Oil surges after Israel’s attack on Iran
The recent military action has driven oil prices higher, reflecting concerns among market participants about potential disruptions to energy exports in the affected area.
Read Full Article →Conservatives vow to end oil and gas windfall tax
Ending the additional tax on oil and gas profits could impact government revenue while potentially encouraging increased investment and production within the energy sector.
Read Full Article →Will the North Sea oil and gas industry be Labour’s next U-turn?
Changes in government approach toward North Sea energy production could significantly impact employment levels, regional economic stability, and fiscal revenues derived from the se...
Read Full Article →North Sea windfall tax causing ‘irreversible damage’ says oil giant
The additional tax on oil and gas companies operating in the North Sea is reportedly impacting industry stability and employment, leading to concerns about long-term financial effe...
Read Full Article →Qatar orders up to 210 Boeing jets during Trump visit
Qatar's commitment to purchasing a large number of Boeing airplanes highlights a substantial economic development, reflecting strong business ties and significant financial agreeme...
Read Full Article →Dutch climate campaigners vow to take Shell to court again
Potential legal challenges against Shell could impact the company’s investments and future revenues by targeting ongoing oil and gas developments linked to environmental concerns a...
Read Full Article →UK windfall tax can fund switch to green jobs for North Sea oil workers – report
Implementing a permanent levy on energy company profits could provide substantial funding to support the retraining and employment of North Sea oil workers in sustainable energy se...
Read Full Article →Stock markets, dollar and oil rally as US and China agree to slash tariffs in 90-day pause – busines...
The temporary suspension of reciprocal import taxes between the United States and China has positively influenced global markets, leading to increased investor confidence and upwar...
Read Full Article →Harbour Energy forecasts higher oil and gas production
Harbour Energy’s increased production forecast suggests potential revenue growth while maintaining stable operating costs, reflecting the company’s resilience amid fluctuating mark...
Read Full Article →Saudi-led Opec+ expands production despite falling oil prices
Opec+ has decided to increase oil production by 411,000 barrels per day for the second month in a row, amidst a backdrop of declining oil prices in the market.
Read Full Article →Chevron and Exxon profits drop on falling oil price
Chevron and Exxon reported decreased profits due to declining oil prices, highlighting the industry's vulnerability to reduced demand amid ongoing trade tensions that could impact...
Read Full Article →Shell: FTSE 100 giant’s shares rise after unveiling buyback and profit hit
Shell's first-quarter adjusted earnings of $5.58 billion exceeded expectations but reflected a significant decline from the previous year, influenced by lower crude oil prices amid...
Read Full Article →Investment funds in April: Energy plummets while property soars
In April, investment funds demonstrated contrasting performances, with energy funds declining significantly due to decreased oil prices, while property funds experienced considerab...
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