OPEC+ underperforms as politics weighs on oil output March 9, 2022 Oil prices remain elevated in a volatile market, with OPEC+'s performance under increasing scrutiny amid escalating conflict in Ukraine.
Sadiq Khan to create £90m City Hall green bond programme February 15, 2022 Sadiq Khan will issue City Hall green bonds as a part of a £90m programme intended to boost the UK’s investment in green infrastructure. The new programme, which will be in the mayor of London’s £16bn+ 2021-22 Budget, will see £86m spent on the green bond programme and a further £4m spent on developing “high-impact [...]
Oil and gas rally as fears of Russia invading Ukraine rise February 14, 2022 Energy commodities have responded resoundingly to reports from Washington that Russia could invade at "any moment".
Mark Carney slammed over fossil fuels ahead of COP26: ‘Watering down rules for finance’ October 7, 2021 Just weeks before the UK hosts the COP26 climate summit, around 90 climate groups have written to UN Special Envoy Mark Carney and place ads in the Financial Times and Toronto Star today, urging him “to stop greenwashing financial institutions that continue to invest in expanding fossil fuel infrastructure.” The groups said that, while his [...]
OPEC and EU tensions drive oil prices as China eases pandemic restrictions April 12, 2022 Oil prices rebounded nearly five per cent across both major benchmarks amid growing tensions OPEC and EU tensions.
Total pain: French energy giant suffers $4.1bn hit from Arctic LNG project April 28, 2022 TotalEnergies has taken a $4.1 billion hit following it withdrawal from a Russian liquiefied natural gas (LNG) project in the Arctic.
Shell under pressure as politicians urge firms to follow BP’s lead and ditch Kremlin-backed assets February 28, 2022 BEIS member Alexander Stafford has urged companies to follow BP's lead and sever ties with Kremlin-backed organisations.
National Grid underestimates blackout risk, warns energy experts October 10, 2022 Blackouts remain a grave possibility this winter, despite the National Grid's bullish forecast, warned energy experts.
Legal but harmful: The Online Safety stalemate is still stuck in the trenches November 9, 2022 When the government first announced the “legal but harmful” requirement in the online safety bill it wasn’t quite clear who was most offended. From the free speech activists fearful of overzealous regulation, to the tech entrepreneurs wary of burdensome requirements and the human rights lawyers cautious of government overreach, the screams of dissent came from [...]
EU deepens investigation into Gazprom’s European business amid supply concerns February 14, 2022 EU antitrust regulators will intensify information gathering on Gazprom's European business, amid the continent's growing supply crisis.