British oil major, has temporarily suspended all shipments through the Red Sea in response to concerns about potential escalation following US and UK strikes on Yemen’s Houthi rebels

Experts caution against potential global impacts on energy markets due to escalating tensions in Yemen, citing a temporary surge in oil prices and disruptions to trade routes

Analysts have raised concerns about disruptions and rising costs for global ocean freight shipping

Climate change “fuels conflict” and leads to “dwindling resources,” the Security Council was told

The ship in question holds four times the amount of oil carried by the Exxon Valdez, which caused one of the worst environmental disasters in US history when it spilled in 1989

It is asking for $80m to prevent one million barrels of oil from leaking into the Red Sea

The rusting FSO SAFER oil tanker has 1.14 million barrels of crude oil on board

A new 54MW power plant which is claimed to have taken a “record 23 days” to construct has been inaugurated in Yemen. Located in the province of Aden, it is expected to generate enough energy to power around 150,000 homes – or provide up to 15% of the province’s summer electricity demand. The project, built […]

Companies planning to exploit oil and gas in countries where conflict is an everyday occurrence aren’t fully thinking about the risks, a security advisor has warned the industry. With firms looking further afield to find prized fossil fuels, risks cannot be ignored, said James Hopkinson of Blue Hackle, which operates in higher risk locations like […]