From today, up to a million people on income support will be eligible for half fares on London’s buses under Ken Livingstone’s oil deal with Hugo Chávez, Venezuela’s president.
Single parents, carers, the long-term sick and disabled people will benefit from the plan, first mooted during Mr Chávez’s visit to the UK last year, paying 50p […]

China is undertaking a buying spree of oil and gas assets in oil rich Kazachstan. A year and a half ago, China’s state oil company CNPC became the main shareholder of PetroKazakhstan in a $4.2bn deal.
From petrol stations to refineries and now even a 1,000km (620 mile) long pipeline, the first one ever to go […]

Mexico has started to evacuate 13,360 workers from its Gulf of Mexico oil rigs as powerful hurricane Dean neared.
According to state oil company Pemex, which produces some 70 per cent of its crude oil from offshore platforms in the Gulf of Mexico and is a major supplier to the United States, the […]

Iran’s sacked oil minister has issued a parting warning to President Mahmoud Ahmadinejad, predicting a looming “catastrophe” in the Iranian energy sector because of high consumption.
“If we do not find a solution to the energy problem in the next 15 years, the country will face a catastrophe,” Kazem Vaziri Hamaneh was quoted as saying at […]

The British police showed their usual degree of heavy-handiness yesterday, when six people were injured and 14 arrested after clashes between police and climate change protesters near Heathrow airport.
Skirmishes were still continuing last night and protests over the aviation industry’s growing carbon emissions and attempts to expand Heathrow airport are expected to continue until midday […]