Japan demands companies top up LNG to stave off supply shortages April 11, 2022 Japan has demanded domestic power companies top up liquefied natural gas (LNG) reserves and share energy resources.
A tale of two oil giants November 6, 2023 Energy giants BP and Shell unveiled sharp downturns in their usual earnings last week in a rocky third quarter for the sector.
A tale of two oil giants: BP struggles to keep up with Shell, but net zero scrutiny is coming November 6, 2023 Energy giants unveiled sharp downturns in their usual earnings last week, but BP is struggling compared to its rival Shell.
Bulgaria agrees to send heavy military equipment to Ukraine July 22, 2023 Bulgaria has agreed to provide the Ukrainian army with 100 armoured personnel carriers, marking a turnaround in the Nato member’s policy on sending military equipment to Kyiv following the appointment of a new, pro-Western government. Direct arms supplies were rejected by previous interim governments, appointed by President Rumen Radev. Radev is sympathetic to Russia and [...]
Wimbledon confirms ban on Russian and Belarusian tennis stars including Daniil Medvedev and Aryna Sabalenka April 20, 2022 Wimbledon has confirmed that it will ban Russian and Belarusian tennis stars, including former men’s world No1 Daniil Medvedev, due to the Kremlin’s war in Ukraine. Medvedev and women’s No4 Aryna Sabalenka are the highest ranked players affected by today’s announcement from the All England Club. Others impacted are the former women’s world No 1 [...]
Turkey’s Erdogan looks to block Sweden and Finland’s application to Nato May 17, 2022 Sweden and Finland are facing opposition to their Nato application bid from Turkey, who called them a “hatchery” for terrorist cells. Ankara’s president Recep Tayyip Erdoğan threatened to block their fast-tracked ascension to the military alliance, because of the Scandinavian countries’ willingness to host his opponents. For Stockholm and Helsinki to be added to NATO, [...]
S&P Global withdraws all ratings on Russian entities as US giant shuts down operations in Moscow March 22, 2022 US credit rating giant S&P Global Ratings said earlier this morning it will suspend all of its commercial operations in Russia. The company said that following the sanctions announced by the EU on March 15, which included a ban on providing credit ratings to legal persons, entities, or bodies established in Russia, it decided to [...]
French police seize Russian cargo ship in English Channel February 26, 2022 A ship that could belong to a Russian company suspected of violating trade sanctions was seized by French sea police in the early hours of this morning, according to reports by Reuters. The ship was diverted to the French port of Boulogne-sur-Mer between 2am and 3am, said Captain Veronique Magnin of the French Maritime Prefecture, [...]
Chinese ambassador summoned after three charged with ‘assisting a foreign intelligence service’ related to Hong Kong May 14, 2024 In a statement, the police said it was not related to a recent counter-terror operation linked to the Kremlin.
IEA warns of supply deficits with Russian oil isolated from global markets March 16, 2022 The world is set for a supply deficit of 700,000 barrels per day in the second quarter of this year, according to the IEA.