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Lobby appeals to prospective PM’s reindustrialisation agenda as it pushes for Rosebank and Jackdaw approvalThe UK’s North Sea oil industry has made a last-ditch attempt to curry favour with the Labour government by appealing to Andy Burnham’s reindustrialisation agenda just days before he is expected to become Britain’s next prime minister.Industry lobbyists have written to more than 400 Labour MPs to call on the government’s new leaders to allow more oil and gas drilling in UK waters

Weather cycle threatens harvests worldwide, adding to inflation already fuelled by the Iran warEconomists are warning that a “super” El Niño weather cycle this year could cause a severe shock to global food prices lasting into 2028.As the Iran war pushes up world food prices to the highest level in three years, economists said supply chains faced “two shocks at once” stoked by extreme weather linked to global heating. Continue reading...