Power of sanctions: Russians are abandoning their beloved London courts May 22, 2024 There has been a dramatic drop over the past year of Russian businesses and individuals using London’s Commercial Court
Saudi Aramco unveils record profits of £133.9bn after oil price surge March 12, 2023 Saudi Arabian oil giant Aramco reported a record annual profit of £133.7bn ($161.1bn) for 2022 - powered by higher energy prices.
Alexei Navalny: UK government under fire for ‘pathetic’ response to Putin critic’s death February 21, 2024 A senior Tory MP has called on the government to go “a lot further” in punishing Putin today after ministers sanctioned prison officers at the Artic jail where Alexei Navalny was killed.
EU mulls plans to ban insurers from insuring ships carrying Russian oil May 9, 2022 The European Union is considering banning insurers from insuring ships carrying Russian oil, as another means of draining Russia of the financial resources it needs to continue bankrolling its war in Ukraine. If brought into force, the new sanctions would come as another blow to Russia’s energy export industry, as the EU also weighs up [...]
G7 ministers set big targets for solar and wind but stop short of phasing out coal April 16, 2023 The G7 has set big new collective targets for solar power and offshore wind capacity, but stopped short of a quicker date for phasing out coal.
Abramovich £2.5bn Chelsea sale proceeds release held up by ‘disagreement’, Lords told December 12, 2023 Abramovich was forced to sell the football club last year.
Former Shell boss Ben van Beurden raked in £9.7m paypacket last year as profits soared March 9, 2023 The former Shell boss enjoyed a hefty bump-up in his paypacket last year, before leaving the energy giant in January.
Aramco boss blames Europe for energy supply crisis this winter September 20, 2022 Europe's plans to cap bills for consumers is not a long-term helpful solutions o the global energy crisis, argued Aramco boss Amin Nasser.
World Cup briefing: England v Iran at 1pm November 21, 2022 Not feeling excited by the Qatar 2022 World Cup? Need a reason to watch today’s games? Let City A.M. get you in the mood. Group B: England v Iran, 1pm, BBC England begin their bid to go one better than their runner-up finish at last year’s European Championship when they play Iran this afternoon. They [...]
IEA warns OPEC+ cuts risk supply deficit as it predicts record oil demand April 15, 2023 Output cuts announced by OPEC+ producers risk exacerbating an oil supply deficit, the International Energy Agency (IEA) said,