Energy suppliers raise concerns over Putin’s push for rouble payments March 24, 2022 Suppliers questions the viability of Russian President Vladimir Putin's call for gas payments to be made in roubles.
Prime Minister Boris Johnson confirms support for North Sea oil and gas industry March 14, 2022 Prime Minister Boris Johnson gave his backing to the North Sea oil and gas industry as the UK looks to ensure supply security.
Kwarteng plays down prospect of blackouts this winter amid supply crunch fears June 28, 2022 Business Secretary Kwasi Kwarteng has played down the prospect of a winter blackout, dismissing the scenario as an "extreme possibility."
European chemical companies could take a hit as valuations decline amid soaring commodity prices May 25, 2022 Investment guidance for European chemicals companies is too optimistic, warned financial services group Morningstar.
European energy firms dithering over Russia departure March 23, 2022 European companies are dithering over departing from Russia - with key assets and supply deals in the sanction hit country.
The Cost of Living Crisis Is Not Just Local, It’s Global. We Need a Global Mindset to Tackle It. January 11, 2023 The cost of living crisis is being felt by everyone – people on the breadline are now in poverty, those once well-off are now counting their coppers. This might be the picture for most in developed countries, however developing markets have largely been unaffected by Covid and inflation linked to the Russian conflict. With only [...]
Gas prices hit record levels this month reveals Office for National Statistics March 10, 2022 Gas prices soared 66 per cent in the week up to 6 March 2022 to record levels at 15.5p per kilowatt hour (kWH), according to the ONS.
Oil prices to remain high despite ‘unprecedented’ volatility March 10, 2022 Oil prices have gone on a wild journey this week - with prices fluctuating amid escalating conflict in Ukraine.
US reaches deal with EU to boost LNG supplies March 24, 2022 The US is expected to supply the EU with 15bn cubic metres of liquefied natural gas by the end of the year to reduce dependence on Russia.
Investors hunt for bargains amid global market turmoil March 9, 2022 Investors have piled into flagging equities in the past week as they hunt for bargains amid the market turmoil sparked by Russia’s invasion of Ukraine.