The company’s Russian retail stations and lubricants business have been sold to LUKOIL

LUKOIL will buy Shell’s Russian retail and lubricants businesses

The president plans to release one million barrels of crude oil daily for six months starting in May

Shell told ELN the company will “evaluate all potential future options for the project”

Diesel rising to £3 per litre is also ‘definitely in the realms of possibility’ according to experts

Ukraine’s Foreign Minister has criticised Shell for buying oil from Russia

Over the last two months, the Biden Administration has approved the release of 40m barrels of crude oil from the Strategic Petroleum Reserve to address the high oil prices

The project includes oil fields and pipeline network in Uganda and Tanzania

A new report suggests zero-emission plastics are a possibility and the only thing halting progress ‘is the will’

OGUK said blocking oil and gas projects would leave consumers more exposed to soaring energy bills