Record oil and gas production under President Joe Biden has enabled the US to smoothly transition toward cleaner energy and fight climate change without driving up prices, a top White House ...

Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today. From reproductive rights to climate change to Big Tech, The ...

The president of Azerbaijan, who is hosting climate summit COP29, has hailed oil and gas as "a gift from God" as he lambasted Western media and climate activists. President Ilham Aliyev kicked ...

The campaign groups are arguing that the government, along with the North Sea Transition Authority (NSTA), failed to consider the full impact of emissions caused by burning oil and gas from the ...

Copyright 2024 The Associated Press. All Rights Reserved. FILE - A flare burns natural gas at an oil well in Watford City, N.D., Aug. 26, 2021. (AP Photo/Matthew ...

The Biden administration is finalizing a new rule that will require oil and natural gas companies to pay a federal fee if they exceed certain levels of methane emissions. The move, which the ...

Azerbaijan’s president has branded oil and gas a “gift from God” as he welcomed delegates to the COP29 climate summit. President Ilham Aliyev praised the use of natural resources ...

Azerbaijani President Ilham Aliyev used a keynote speech at the Cop29 climate summit to lash out at Western critics of his country’s oil and gas industry, saying it had been the victim of a ...

Under one scenario being discussed, state-backed giant Rosneft Oil would absorb fellow state producer Gazprom Neft—a subsidiary of natural-gas exporter Gazprom—and independently-owned Lukoil ...

Supporters said the action was needed to shift the state away from dependence on fossil fuels, but opponents said it will trigger higher gas prices ... had prompted the oil company to invest ...

The selection raised a few eyebrows. Why would a petrostate like Azerbaijan, where two-thirds of government revenues come from oil and gas, want to host climate talks? One man who can answer that ...

Last month Russia exported near-record volumes of oil, at a decent price. But there is one exception. After shutting its main gas pipeline to Europe in 2022, Russia had hoped that Arctic LNG 2 ...