Oil prices slump as continued Chinese lockdowns hit demand expectations May 9, 2022 Oil prices tumbled heavily this morning, with waning demand in Asia and weak data in China prompting fears of supply shortage.
Shapps pledges to ‘max out’ North Sea’s oil and gas reserves July 23, 2023 The government will “max out” the UK’s remaining reserves of North Sea oil and gas, declared energy security secretary Grant Shapps.
Will the UK’s latest sanctions on China make any difference? April 14, 2024 The UK has introduced new sanctions aimed against Chinese interference, but their bark is far worse than their bite, writes Robert Dalling.
Germany faces €5bn bill after Russia sanctions Gazprom division June 6, 2022 Russian sanctions against Gazprom Germania could cost Germany an extra €5bn a year to pay for replacement gas supplies.
Oil prices plummet as demand dips and inflation runs rampant April 19, 2022 Oil prices dropped amid growing expectations of reduced demand, with the IMF cutting its economic growth forecasts.
EU spent £4.5bn buying HALF of Russia’s LNG supplies… despite pledge to wean West off Kremlin August 30, 2023 European Union countries spent over £4.5bn buying over half of all Russia's LNG supplies during the first seven months of this year.
Now that you’re asking where your supplies come from, we should talk. January 11, 2023 As the world faces a shortfall of both energy supplies and critical metals, difficult decisions are being made to meet the growing supply gaps without risking new dependencies on unsustainable producers or compromised geopolitical actors. Quite a problem for some; particularly for a range of European countries and firms in light of the Russian invasion [...]
Insurance sector exodus could serve major hit to Russia’s energy exports May 25, 2022 Efforts on the part of insurers to cut their links to Russia could put a stranglehold on Russian energy exports, unless the Kremlin fills the void, analysts have said. The push amongst Western insurance companies to distance themselves from Russian clients, to ensure they are not in breach of Western sanctions, could severely impact the [...]
Oil prices boosted by six weeks of gains as supplies tighten worldwide August 6, 2023 Oil markets will open trading on Monday having recorded six weeks of gains across both major benchmarks, as tightening supplies bolster prices.
Putin ramps up pressure on West with plans to terminate exports May 3, 2022 Russian President Vladimir Putin has signalled he could terminate exports of products and raw materials, in response to Western sanctions.