Equinor head of exploration Dodson to step down
Equinor’s head of exploration, Tim Dodson, will step down at the end of May in a planned leadership change, the Norwegian oil and gas company...
Brent slumps to 1999 lows, stocks clamber higher
Stormy oil markets sent Brent prices crashing to their lowest since 1999 on Wednesday, though a stabilisation of some petrocurrencies and a bounce in European...
Oil hits lowest this century as coronavirus crisis hammers demand
Oil slumped to less than $16 a barrel on Wednesday, hitting its lowest since 1999, with the market awash with excess supply as the economic...
Tyre industry pushes back against evidence of plastic pollution
A growing body of scientific research linking tyre wear to microplastic pollution, as well as increasing scrutiny from lawmakers in the European Union (EU), has...
Oil prices hit 1990s low as coronavirus outbreak sinks demand
Oil prices slumped again on Wednesday, with Brent falling to the lowest since 1999, as the market struggled with a massive crude glut amid a...
Ted Baker names easyJet executive John Barton as chairman
Troubled fashion retailer Ted Baker on Wednesday named easyJet Chairman John Barton as its non-executive chairman, less than a month after appointing Rachel Osborne to...
Apollo, Oaktree, BGH among those circling Virgin Australia: sources
Private equity and distressed situation specialists Apollo Global Management, Oaktree Capital Management and BGH Capital are among those that have expressed interest in restructuring Virgin...
Ships, trains, caves: Oil traders chase storage space in world awash with fuel
Oil traders are struggling to find enough ships, railcars, caverns and pipelines to store fuel as more conventional storage facilities fill up amid abundant supply...
Oil prices tumble on demand collapse, Brent at 1999 lows
Oil prices slumped again on Wednesday, with Brent falling to the lowest since 1999, as the market struggled with a massive crude glut amid a...
Global CEOs see U-shaped recession due to coronavirus: survey
Global business leaders are preparing for a drawn-out U-shaped recession due to the impact of coronavirus and many fear their companies won’t survive the pandemic,...