Oil industry targets profits from petrochemicals despite uncertain fossil fuel demand

This article is an onsite version of our Moral Money newsletter. Premium subscribers can sign up here to receive it three times a week. Standard subscribers can upgrade to Premium here, or view all FT newsletters. Visit our Moral Money hub for the latest ESG news, opinion and analysis from the FT Welcome back. For … Read more

Labour’s driving law changes set to have big impact on Britons – Fuel duty, car insurance and more

Britons are bracing for a number of major legislative changes in the coming years, following Labour’s landslide victory in this week’s general election. Keir Starmer dominated the vote, winning 412 seats in a stunning election campaign that saw the Conservatives lose 250 seats and Rishi Sunak ousted as prime minister. With Labour set to take … Read more

Women and younger drinkers fuel Guinness revival

A rare bright spot at Diageo’s January results presentation was the rising popularity of Guinness, the famous Irish stout that became the UK’s favourite beer last year. CEO Debra Crew said the “Guinnfluencers” on social media were key to the brand’s success. She told reporters that consumption among women had increased by 24 percent, with … Read more

Ratcliffe-on-Soar: Last fuel delivery is end of the line for coal – BBC News

Image caption, Ratcliffe-on-Soar Power Station has been a prominent landmark for over half a century The UK’s last coal-fired power station is entering its final days. The factory in Ratcliffe-on Soar, Nottinghamshire, is a prominent landmark for rail passengers on the Midlands Main Line and for traffic on the M1 which passes close by. The … Read more

Lufthansa will impose a green surcharge to pass on sustainable fuel costs

Unlock the Editor’s Digest for free Roula Khalaf, editor-in-chief of the FT, selects her favorite stories in this weekly newsletter. Lufthansa is the first airline to pass on the costs of the new European emissions rules to passengers. It has been announced that from next year there will be a surcharge of €1 to €72 … Read more

Why are fuel prices higher in Wales than Northern Ireland? – BBC news

Image caption, Mobile hairdresser Eleni Lewis says fuel prices are taking a large chunk of her turnover Item information Author, Felicity Evans Role, Money Editor June 24, 2024 Updated 39 minutes ago For mobile hairdresser Eleni Lewis, fuel costs are always a priority when planning jobs. The 28-year-old from Pontyates in Carmarthenshire said her £200-a-month … Read more

Gene editing strikes oil: High-efficiency Camelina revolutionizes biofuels

SciTechDaily

Artist’s rendering of the effect of editing all six copies of the TT8 gene in Camelina sativa. Seeds with inactivated TT8 genes (right) show a yellow color, reduced thickness of their seed coat and an accumulation of almost 22% more oil than wild seeds (left). Credit: Valerie Lentz/Brookhaven National Laboratory Scientists have increased oil production … Read more

Taylor Swift and Olympics scams fuel fraud in 2024 – BBC News

Image source, Getty Images Item information Author, Charlotte Edwards Role, Business reporter 5 hours ago Fake Olympics and Taylor Swift tickets are the two biggest online scams consumers are likely to encounter this year, UK Finance warns. The warning came as the banks’ lobby group reported that the number of people duped by romance and … Read more

Adani suspected of fraud by selling low-quality coal as high-quality fuel

Adani Group has dismissed low-quality coal as a much more expensive cleaner fuel in deals with an Indian state-owned energy company, according to evidence from the Financial Times that sheds new light on allegations of a long-running coal scam. The documents, secured by the Organized Crime and Corruption Reporting Project (OCCRP) and reviewed by the … Read more