Oil tanker attack: What could happen in the Gulf?
The Strait of Hormuz has become a key battleground in the stand-off between the United States and Iran, with claims and counter-claims on either side of an argument ostensibly about oil.
Donald Trump
Trump calls Iran ‘nation of terror’, implicates country in tanker bombing
Donald Trump has confirmed the assessment of senior advisers and publicly accused Iran of being behind recent attacks on oil tankers near the strategic Strait of Hormuz in the Persian Gulf.
Brent bounces back as Trump holds out on trade deal
Brent crude traded around $70 a barrel as a two-day rebound petered out on signs the U.S. and China are still far from reaching a trade deal, while supply risks from the Persian Gulf to Venezuela kept investors wary.
Oil above $70 ‘must be a positive’ as North Sea investors remain cautious
Higher crude prices should encourage North Sea oil companies to dial down the caution and bring forward more new projects, a prominent petro-economist said yesterday.
Scotland ‘doing what it needs to’ on renewables, says Robert Redford’s documentarian son
The documentary filmmaker son of Robert Redford has said Scotland is "doing what it needs to" in terms of renewable energy compared to the US market.
People’s vote ‘dangerous’, claims business leader
One of the north-east’s most powerful businessmen has warned that another Brexit referendum would be “really dangerous” for the UK.
Trump gives Arctic oil drilling the go-ahead
The Trump administration outlined plans for selling drilling rights on every acre of the Arctic National Wildlife Refuge’s coastal plain, despite acknowledging potential oil spills and impacts to polar bear and caribou that roam through the region.
If you cross us, there will be hell to pay: US lashes out at Iran
President Donald Trump has lashed out at Iran, with national security adviser John Bolton also warning there would be "hell to pay" if Tehran crossed the US.
Despite Trump promises, coal is declining again
More than any other recent president, Donald Trump came to office promising to revive coal and restore mining jobs.
UK, EU to block US sanctions on Iran
The UK and EU partners will move to block Donald Trump's sanctions on Iran in order to preserve peace, they have announced.
Trump issues fresh trade threats as oil hits third weekly drop
Oil posted a third weekly loss, as Saudi Arabia’s reassurances that it won’t flood the global crude market failed to offset a 4.2 percent price drop at the start of the week.
Oil companies struggle to navigate Trump on steel tariffs
U.S. tariffs on foreign steel are testing oil and gas companies' ability to navigate the Trump administration.
Greens hit out at Trump over Aberdeen windfarm claims
Scottish Greens leader Patrick Harvie has ridiculed US President Donald Trump’s 2012 claim that erecting wind farms will bring about the “almost total destruction of Scotland’s tourism industry”, ahead of a protest in George Square this evening.
Trump causes NATO controversy claiming Germany ‘controlled’ by Russian oil and gas
Donald Trump has launched a blistering attack on Germany as he stepped up demands for Nato allies to contribute more to their collective defence.
WATCH: Aberdeen bay wind farm goes live
The new £300 million wind farm off Aberdeen has reached a major milestone by generating power for the first time.
Trump piles pressure on Saudis flummoxed by higher oil price
If the world’s biggest crude exporter says it’s going to ramp up production, prices usually drop. But as Saudi Arabia adds barrels before its customers get burned, prices have jumped. And Donald Trump isn’t happy.
Exxon, Chevron CEOs warn Trump tariffs hurting oil sector
The CEOs of the two largest U.S. oil companies said Tuesday that tariffs enacted by the Trump administration would slow growth in the U.S. oil and gas sector.
Coal plants keep shutting despite Trump’s order to save them
President Donald Trump has ordered a rescue of the nation’s struggling coal and nuclear power industries, but that doesn’t mean utilities are reconsidering the shutdown of unprofitable plants.
Energy secretary, citing cyber threat, says Trump is ‘right’ on coal, nuclear closures
Energy Secretary Rick Perry said on Monday that the closure of coal and nuclear plants could hurt the United States' ability to recover from a cyberattack against its electric grid.
Trump planning tariffs on European steel and aluminium
President Donald Trump's administration is thought to be planning to impose tariffs on European steel and aluminium imports after failing to win concessions from the European Union, a move that could provoke retaliatory tariffs and inflame trans-Atlantic trade tensions.
Trump’s Iran move could unravel Opec output deal
The international nuclear agreement with Iran might not be the only deal U.S. President Donald Trump has unraveled.
Oil gains as Iran crude buyers get US ultimatum to cut imports
Oil rebounded to trade at the highest level since 2014 as investors focused on how buyers of Iranian crude will react to U.S. sanctions aimed at cutting exports from OPEC’s third-largest producer.
Oil prices drop ahead of Trump decision on Iran nuclear deal
Oil prices sank on Tuesday as traders awaited news on whether the US would remain in the Iranian nuclear deal.
Total at risk of losing gas field stake to CNPC if it quits Iran
Total SA, the only Western energy major investing in Iran, will lose its stake in the South Pars natural gas field to its Chinese partner if the Paris-based company withdraws from the country, the head of National Iranian Oil Co. said.
Oil rises over $70 as market awaits Trump call on Iran sanctions
U.S. oil rose above $70 a barrel for the first time since November 2014 as traders braced for a re-imposition of U.S. sanctions on Middle East crude producer Iran.