Stena Immaculate, a US oil tanker, was carrying some 220,000 barrels of jet fuel destined for the American military when it was struck by a cargo ship on Monday. Prof Alastair Grant, from the ...

Referring to his oil and gas plans, the President said America has "more liquid gold under our feet than any nation" which could defeat inflation and dramatically lower costs. He blamed his ...

New York hedge fund Elliott Management is pushing British oil major BP (BP) to abandon all renewable energy projects, it was reported, after a corporate strategy reset fell short of the mark.