Magic Circle law firm Allen & Overy set to wind down Moscow offices March 10, 2022 Magic Circle law firm Allen & Overy has joined its Magic Circle rivals in vowing to wind down its Moscow office, as law firms from across Europe and the US pile out of Russia. Allen & Overy’s decision to wind down its Russian operations comes after the firm first opened its Moscow office in 1993. [...]
London law firm BCL Solicitors sent legal threats to Foreign Office on behalf of Russian oligarch March 9, 2022 London law firm BCL Solicitors has been named as one of the law firms that sent letters to the Foreign Office, on behalf of Russian oligarchs seeking to challenge the government’s sanctions regime. In a written response to Labour MP Margaret Hodge, Conservative minister James Cleverly said BCL Solicitors had sent letters to the Foreign [...]
Gas prices surge as West races to top-up supplies ahead of looming winter months July 7, 2022 Gas prices have spiked amid continued concerns over supply shortages, as the West scrambles to secure energy supplies ahead of winter.
Russian energy squeeze pushes Uniper to the brink July 4, 2022 The German government could acquire a stake in troubled energy giant Uniper, amid escalating energy prices and tensions with Russia.
European round up: Germany puts coal power on standby while EU pushes for Russian oil ban May 24, 2022 Germany is preparing to extend the life of coal-fired power stations which would have been discontinued over the next two years.
Consumer price cap could spike to £3,000 per year warns Investec February 24, 2022 The consumer price cap could spike to £3,000 per year in October, warned Investec, following Russia's invasion of Ukraine.
UK at risk of gas supply shortages this year, warns Ofgem October 3, 2022 The UK is at risk of gas shortages this winter following Russia's invasion of Ukraine and continued disruption to energy supplies, warned Ofgem.
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.
Gas prices rise amid escalating Russia tensions and Nord Stream 2 uncertainty December 13, 2021 Gas prices have surged amid growing tensions over Russian troops at the Ukrainian border and increased Nord Stream 2 pipeline uncertainty.
Russia refuses to back down from rouble demands March 29, 2022 The dispute over gas payments has become "a case of which side will blink first" argues Craig Erlam, senior markets analyst at OANDA.