Britain lifted England's moratorium on controversial gas fracking to boost energy security, despite breaking the ruling Conservative party's manifesto pledge.
UN raises $5m to prevent oil spill disaster in Red Sea
The United Nations is launching a crowd-funding campaign for an operation intended to prevent an aging Yemeni oil tanker from unleashing a potentially catastrophic spill in the Red Sea, a senior official said Monday. "We hope to raise $5 million by the end of June," David Gressly, the UN's humanitarian...
North Sea oil project wins Israeli takeover boost
A North Sea oilfield project off Scotland's coast opposed by environmentalists and paused after energy giant Shell decided to exit the Cambo initiative has been boosted by an Israeli takeover. Ithaca Energy, owned by Tel Aviv-listed Delek Group, announced late Thursday a deal to buy Siccar Point Energy for an...
