Lukanyo Mnyanda

Sidara walks away from deal because of ‘geopolitical risks and financial market uncertainty’ as broader market sells off

Brent prices slip as watchdog predicts slowing demand growth in 2024

Policy uncertainty and Labour’s levy plans threaten fall in production and jobs in ageing oil basin, executives warn

UK engineer divests divisions for $165mn as it faces pressure to mount turnaround

Harbour Energy chief says sector will be vital for decades as Wintershall deal completes

Brent drops 5% on global oversupply concerns

Brent crude has fallen 13% since late August on concerns over slowing demand

Last week’s wipeout in prices prompted a flurry of forecast changes from analysts

Sector at standstill as levy on profits and plans to close tax loopholes creates uncertainty

Having sold 70 per cent of its oil assets in two years, the Spanish energy group is pursuing a renewable future