US energy secretary Rick Perry to step down, Trump says
US energy secretary Rick Perry will leave his job by the end of the year, President Donald Trump has said.
Donald Trump
“Freedom gas” in Ukraine scrutinised amid US corruption allegations
The US has set out charges against two men, Lev Parnas and Igor Fruman. The two men, who were involved in schemes for LNG imports into Ukraine, are accused of violating campaign finance laws.
Don’t let Citgo ‘fall into Russian hands’, Ted Cruz tells Trump.
U.S. Sen. Ted Cruz and six other members of Congress are asking President Donald Trump to avoid a situation that could put the Houston refining company Citgo in Russian hands.
Demand overshadows risks
Oil price predictions always end in disaster but complacency in the market poses a number of risks, given global uncertainty.
Any US action to Saudi oil attack will be met with ‘immediate response’, Iran warns
Iran has warned the US that any action against it after an attack on Saudi oil installations will "immediately" be met with a response from Tehran, its state-run news agency has reported.
Trump’s EPA look to retreat on proposals for methane rules on oil wells
The US Environmental Protection Agency is set to unveil a proposal that would step back from federal regulation specifically targeting methane emissions at oil and gas facilities, potentially staving off requirements for a million existing US wells.
Oil set for weekly loss after biggest slump in four years on Trump tariffs
Oil is set for a weekly loss after the steepest one-day drop in more than four years as President Donald Trump abruptly escalated the trade war with China, stoking concerns over slowing growth.
Iran’s leader vows response to British ‘piracy’
Iran's top leader has said his country will retaliate over the seizure of an Iranian tanker by British authorities.
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.
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.