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City A.M. • May 27, 2025

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...

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City A.M. • May 08, 2025

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...

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City A.M. • May 02, 2025

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...

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City A.M. • May 01, 2025

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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