Johnson promises Ukraine more defensive weapons in call with Zelensky March 6, 2022 Boris Johnson has promised Ukrainian President Volodymyr Zelensky more “defensive equipment” to fight off the Russian invasion in a call today. A Number 10 spokesperson said the pair “discussed the deteriorating humanitarian situation in Ukraine, precipitated by Russia’s indiscriminate attacks and ceasefire breaches” and “the increasing threat Russia’s barbaric attacks pose to Ukrainian civilians and [...]
Hunt urged to ‘double down’ on backing offshore wind or risk falling behind rivals June 12, 2023 The government needs to incentivise domestic offshore wind and support the industry so that the UK can compete with international rivals.
Seize Russian assets to pay for Ukraine damage, says EU official May 9, 2022 A senior EU official has proposed seizing frozen Russian reserves to cover the costs of rebuilding war torn Ukraine.
BP boss Bernard Looney pledges to stick to plans for oil and gas output cuts September 5, 2023 BP boss Bernard Looney says he will not further scale back his energy transition strategy after ceding some ground earlier this year.
Brave soul: Russian businessman puts $1m bounty on Vladimir Putin’s head for war crimes March 3, 2022 A Russian businessman has said he will pay $1m for anyone who arrests Russia’s president Vladimir Putin for war crimes. Alex Konanykhin is urging Russian military leaders to arrest and detain Putin as a war criminal. In a post on Facebook, the California-based crypto investor writes “I promise to pay $1,000,000 to the officer(s) who, [...]
Sombre faces in Canary Wharf as HSBC profits nosedive on Ukraine war and inflation worries April 26, 2022 It’s not the best of mornings for HSBC as the banking giant saw its first-quarter profits tumble by more than a quarter after taking a hit on expected bad debts due to the Ukraine war and soaring inflation. The lender posted a 28 per cent drop in pre-tax profits to £3.3bn for the first three [...]
Kyiv plunged into freezing darkness as the Kremlin targets power supplies November 22, 2022 Ukraine’s capital Kyiv has been plunged into freezing darkness as Russia continues to target its power supplies. President Volodomyr Zelensky spoke to his country last night branding the damage as having been done by “terrorists” from the Kremlin. The war, which began in February, is entering a new phase following Russian retreat from parts of Kherson. [...]
Renewable energy: the way forward for Europe? September 13, 2022 In European energy, Russia’s invasion of Ukraine has defined the market so far in 2022. Gas prices have soared, exacerbating inflation. How organizations, consumers, and governments respond could mark the beginning of an evolution in European energy. Is renewables the way forward for Europe? Renewed interest?Policymakers know they must move swiftly on renewables, but dealmakers [...]
Fugitive Russian oligarch allowed to sell Belgravia mansion to pay £10m legal fees May 26, 2022 A High Court judge has said fugitive Russian banker Georgy Bedzhamov should be allowed to sell his £35m Belgravia mansion, to pay his lawyers £10m in legal fees. The High Court gave Bedzhamov the OK to sell his mansion on London’s ultra-expensive Belgrave Square, to pay £5m to Mishcon de Reya and a further £5m [...]
Low-quality gas could be used to ease energy crisis June 25, 2022 Lower quality gas could be flowing through Britain's pipelines this winter, with the Government scrambling to secure energy supplies.