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Over 200 musicians including Thom Yorke and Brian Eno have written to the Prime Minister urging rejection of the Rosebank oilfield project in the North Sea.
Britain faces potential gas shortages in the 2030s unless the government takes unprecedented action to maintain aging infrastructure and secure future supplies, according to an official assessment.
UK inflation rose to 2.9% in July from 2.6% in June as conflict in the Middle East drove up energy prices, marking the first monthly increase since March.
Global hydrogen demand surpassed 100 million tonnes in 2025, with consumption concentrated in refining and industrial applications where the molecule functions as a chemical feedstock rather than an energy commodity.
Shipping through the Strait of Hormuz remains severely restricted despite technical reopening, with Iran conditioning full normalization on sanctions relief and Israeli military withdrawal across multiple countries.
The U.S. oil rig count declined by 5 to 447, while gas rigs increased by 5 to 132, according to Baker Hughes data released Friday, as crude production rose to 13.843 million barrels per day.
