Energy

Oil steadies as Middle East war worries counter demand fears

Oil benchmark Brent held above $88 on Wednesday as concerns about war escalating in the Middle East offset demand worries stemming from gloomy economic...

Ghana looks to market more oil and gas blocks

Ghana is looking to boost its oil and gas production by selling more exploration rights, aiming to avoid leaving valuable fossil fuels in the...

Chevron to buy Hess Corp for $53 billion in all-stock deal

Chevron (CVX.N) has agreed to buy Hess (HES.N) for $53 billion in stock to gain a bigger U.S. oil footprint and a stake in rival Exxon Mobil's (XOM.N) massive Guyana...

World oil, gas, coal demand to peak by 2030, says IEA

World fossil fuel demand is set to peak by 2030 as more electric cars hit the road and China's economy grows more slowly and...

Nestle, Volvo among 130 companies urging COP28 agreement to ditch fossil fuels

Companies including Nestle (NESN.S), Unilever (ULVR.L), Mahindra Group and Volvo Cars are urging political leaders to agree a timeline at the upcoming U.N. climate summit to...

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