Fossil Fuels

Global fossil fuel phase-out summit convenes in Colombia

April 27, 2026

Around 50 countries have gathered to discuss the phase-out of fossil fuels in Santa Marta, Colombia. The summit operates outside of

AI energy demand threatens UK carbon targets

April 27, 2026

AI-related electricity demand forecasts are rising sharply; government estimates may have significantly underestimated impact. Data centres could become a major emissions

Consumer giant P&G warns of $1bn hit as energy costs ripple through economy

April 24, 2026

Procter & Gamble has warned higher oil prices could cost it $1bn in profits. Rising energy costs are pushing up prices

Canada approves major gas pipeline expansion to boost supply resilience

April 24, 2026

Canada has approved a $4bn expansion of Enbridge’s gas pipeline network. The project will add around 300 million cubic feet per

UK retail sales jump as motorists rush to fill up amid fuel price surge

April 24, 2026

UK retail sales rose 0.7% in March, driven largely by a surge in fuel purchases. Petrol sales jumped more than 6%,

Energy crisis marks permanent shift away from fossil fuels, according to IEA

April 24, 2026

According to IEA executive director Fatih Birol, the global energy crisis triggered by the Iran conflict has permanently undermined the notion

BP board hit by investor climate rebellion after axing net-zero plans

April 23, 2026

BP’s board was hit by a shareholder backlash at Thursday’s AGM, with investors rejecting two board-backed resolutions giving chair Albert Manifold

Schiphol slashes airport charges to cushion airlines from fuel shock

April 23, 2026

Amsterdam’s Schiphol airport will reduce airport charges by 10% from 27 April 2026 until 31 March 2027 for daytime flights. The measure aims to offset

UK development lender launches £15 billion climate finance push

April 23, 2026

British International Investment (BII) aims to catalyse £15 billion of investment in climate and development projects over 2026‑2031, including up to £8 billion