US-based ExxonMobil, the biggest privately-controlled oil company in the world, will make a new investment in Russia for the first time in over a decade as Moscow seeks to thaw its frosty investor climate and keep its oil flowing.

The chief executives of the world's biggest international oil companies will testify that the BP oil spill in the Gulf of Mexico "was preventable'', publicly distancing themselves for the first time from the UK company, the Financial Times has learnt

The government was right to go to India to carve out a new relationship based on the changing balance of economic activity and power in the world. The world Stock market index still reflects the world as it was in the last century. The USA

America's leading energy regulator has accused a Dutch oil trading firm and three of its employees - including British-born Christopher Dowson - of manipulating the crude oil market for their own ends. In the first lawsuit of its kind since the agency began investigating alleged manipulation of the market in December 2007, the US Commodities

The International Energy Agency's upcoming World Energy Outlook predicts that oil prices, which have sunk to nearly $60 per barrel, will likely rise once again to above $100 a barrel when the world economy rebounds. By 2030, the report estimates that the prices could exceed $200. This price increase will be driven primarily by a decline in the supply of oil, as production from the world'...

Many of Cadbury’s shareholders who will shortly vote to sell their company are overseas individuals and institutions. In this gobal world one group of overseas shareholders will sell to a new group of overseas shareholders. It is not quite as some present it. The Cadbury

Before and after Shell: tar sands extraction in Alberta, Canada Not every barrel of oil has the same carbon footprint - some extraction processes radically increase the amount of greenhouse gases which are released. We've been collaborating on research to identify the worst offenders, and our report (released yesterday day to coincide with the company's Annual General Meeting) singles ou...

The NHS is planning to sell a hospital built using public donations in memory of soldiers killed in the First World War.

Further proof emerged today of the deepening world oil shortage, as supermarkets up and down the country slashed fuel prices for motorists by up to 5p per litre.A spokesman for the Association of Retail Supermarket Enterprises offered his heartfelt apologies to irate customers:"It's now well accepted that soaring oil prices are the result of demand far exceeding supply, and have nothing to do with...

                       If I had sent a sales force with a good new product to sell in 21 countries of the world I would have been very disappointed if they came  back with just one success. I would have been  even more worried, if the target was to sell to 12.    &...