BG has £6.7bn offer in pipeline for Origin shareholders
Gas explorer BG Group turned up the heat on Australia's Origin yesterday by announcing plans to make an improved £6.7billion offer direct to shareholders.
Brown bids to win cut in sky-high oil prices
Gordon Brown last night raised hopes of a fall in oil prices when he said major oil producing countries had agreed for the first time that they are too high.
Salmond steps up oil fund pressure
FIRST Minister Alex Salmond yesterday stepped up the pressure on Westminster to set up a Scottish oil fund.
Pay for nuclear power plea
Oil-rich states should use the trillions of dollars they are making from soaring prices to finance new nuclear power plants in Britain, Gordon Brown said yesterday.
Concern that rig oil pollution may be spreading up north-east river
Fears were raised last night that oil particles washed ashore at a north-east beach were spreading up a prominent river.
Fuel protesters put pressure on EU leaders
HUNDREDS of farmers and lorry and taxi drivers blocked roads in Brussels yesterday to push for help in coping with soaring fuel prices.
New offer to tanker drivers worth 14%
THE deal aimed at ending the bitter fuel tanker drivers' dispute is worth around 14% over two years, it emerged yesterday.
Tanker drivers’ union agrees pay deal with employers
A deal to resolve the bitter fuel drivers' pay dispute was agreed last night, averting the threat of further strikes.
Pumps run dry across Scotland as strike bites
Pumps across many parts of Scotland ran dry yesterday as Shell tanker drivers prepared for their fourth day on strike.
Union warns of shortages as strikers picket depots
Petrol supplies to Shell garages were hit yesterday as hundreds of drivers launched a four-day strike in a long-running row over pay which union leaders warned will lead to shortages over the weekend.
Forecourt-shortage fear as strike goes ahead
Last-ditch talks aimed at averting a four-day strike by hundreds of fuel tanker drivers in a row over pay broke down last night.
BP chairman dismisses talk of $250 oil
The chairman of UK oil major BP has rejected as "apocalyptic" a prediction by Gazprom chief executive Alexei Miller that oil prices would soar to $250 a barrel by the end of next year.
Householders braced as gas prices rise
Fears over fresh rises in energy bills for long-suffering households grew yesterday after wholesale gas prices for next winter set a new record.
Spanish lorry drivers in fuel price strike
TENS of thousands of Spanish lorry drivers began an indefinite fuel price protest strike yesterday that could bring the country to a standstill. It immediately led to lengthy queues at many service stations across the country by drivers worried they would be left without petrol.
Salmond says prices an outrage
THE impact of rising fuel prices was yesterday branded a "massive national outrage" by First Minister Alex Salmond.
Shell oil tanker drivers vote for strike action in pay row
Hundreds of oil tanker drivers contracted to oil giant Shell have voted to go on strike in a row over pay, it was announced yesterday.
MPs urge ‘push ahead with personal carbon-credits plan’
The UK Government should push ahead with a "radical" system of personal "carbon credits" if it wants to meet emissions targets, MPs said yesterday.
British Energy generating plenty bid interest
British Energy said yesterday it had received a range of proposals from several parties wishing to make a full offer for the nuclear-power firm.
Soaring oil price could cost budget airlines dear
Budget airline easyJet said yesterday that soaring fuel costs caused half-year losses to more than double and added that rocketing oil prices would put many carriers out of business.
Production fears keep on driving oil price higher
OIL hit another record high yesterday, climbing above $122 a barrel amid warnings that supply fears could push prices to $200.
Diary
May 5-8: Offshore Technology Conference, Houston, US. URL: www.otcnet.org/2008. Look out for details of the Munro's/Press and Journal travel packages shortly
Hauliers take protest to streets of capital
DOZENS of hauliers took their protest against record-high diesel prices to the streets of London yesterday.
Proposal hope for refinery dispute
Hopes of an end to the Grangemouth oil refinery dispute rose last night after a proposal was drawn up to break a deadlocked row over pensions.
Rising oil prices pump up profits to £3m an hour for energy giants
Oil giants BP and Shell were the toast of shareholders yesterday but faced anger from motorists after pumping profits of more than £3million an hour.
Oil refinery chief jeered by striking workers on trip to Grangemouth
The founder of Ineos was jeered by striking workers yesterday as he visited the Grangemouth oil refinery on the second day of a bitter dispute over pensions.