Business

A pelican mired in oil from BP's Gulf of Mexico spill.

Seven years after oil spill, BP's rating lifted

The agency bumped up the oil giant's rating one notch, citing a strong performance despite oil price volatility and greater fiscal clarity following its $26.5 billion settlement of the deadly 2010 Gulf of Mexico spill.

Oil rises to month-high

Saudi energy minister Khalid al-Falih paid a rare visit to Iraq on Monday in the latest effort by the top oil producer ...

​Oil prices rose to their highest levels in more than a month, on bets that top exporters would agree to extend supply curbs.

How Sydney can keep its power during heatwaves

Heatwaves that pushed NSW's electricity supplies to the brink in February will become more common in the future, a ...

The Berejiklian government will issue warnings of potential threats to electricity supplies from this summer after its review of February's heatwave found the power sector to be vulnerable.