Oil

New report claims UK is spending £6bn a year to prop up its fossil fuel industry

Booming demand for renewables and a slump in new coal plants will help drive the world to a low carbon future, predicts the IEA

New York attorney general issues subpoena relating to allegations oil giant underplayed early warnings about climate change threat

Autogiant's Stephanie Janczak says Ford is working with authorities to explain long-term financial benefits of EVs

Oil giant reports hefty charge for abandoned projects, including Arctic exploration and Canadian tar sands development, in quarterly results

Interior Department cancels two future offshore leases in Chukchi and Beaufort seas and will refuse requests from oil companies to renew existing leases

Shell, BP, Total and Statoil among 10 fossil fuel majors pledging to step up environmental action, but green groups remain sceptical

However a split may be emerging in oil industry on whether to support government intervention

Oil and gas giants announce research partnerships to develop sustainable energy technologies and algae fuels

Italian oil giant's $5.5bn project in Norwegian Arctic set to launch by the end of the year