Shapps: Labour ‘sponsored by Just Stop Oil’ in light of ‘bonkers’ fossil fuel project ban July 4, 2023 Shapps has reaffirmed his support for domestic fossil fuel projects, as approval for the largest undeveloped oil and gas field looms.
Shell soars to record highs as oil and gas markets await fresh signals from Israel-Hamas war October 16, 2023 Commodity prices have steadied following last week's bumper rally, with markets awaiting further supply signals.
Germany backs Qatar to meet energy needs with mega LNG deal November 29, 2022 Germany is gambling on Qatari gas supplies to meet its energy needs, as it shifts from Russian pipelined gas, with a long term LNG deal.
Extinction Rebellion: City of London to be next climate campaign target August 19, 2021 Environmental activists have said they will begin a fresh campaign next week in the heart of the capital’s financial district. The fortnight-long campaign targets the City of London, which Extinction Rebellion activists blame for stoking climate change with fossil fuel investment chains. Extinction Rebellion (XR) has regularly staged demonstrations across the UK – targeting banks [...]
Putin launches biggest drone raid on Kyiv since the start of the Ukraine war May 28, 2023 Ukraine’s capital has been subjected to the largest drone attack since the start of Russia’s war, local officials said, as Kyiv prepared to mark the anniversary of its founding on Sunday. Russia launched the “most massive attack” on the city overnight into Sunday with Iranian-made Shahed drones, said Serhii Popko, a senior Kyiv military official. [...]
Ukraine war: Top UN officials host Russian envoys in bid to extend grain export deal March 13, 2023 Senior UN officials have hosted Russian envoys in Geneva in a bid to extend an export agreement amid Moscow’s invasion of Ukraine and to prevent a potential new spike in world food prices. Despite being at war, Ukraine and Russia struck a deal last July that allows Ukraine – one of the world’s key breadbaskets [...]
The City View: Michael Hewson on Germany’s Russian energy oversights and Merkel’s legacy April 19, 2022 Today Andy Silvester talks to Michael Hewson, Chief Markets Analyst at CMC Markets. They go through the latest IMF forecasts, which included downgrades and the worst growth forecast in the G7 for the UK; Germany’s exposure to energy price fluctuations, the mounting pressure to reduce its dependency on Russian oil and gas, and Angela Merkel’s [...]
Moscow’s elite in shock as another close Putin ally suddenly dies: Gazprom ‘wonderkid’ and Kremlin insider Nikolay Petrunin is no more October 17, 2022 Rumours are flying in Moscow today as it has emerged that another one of Vladimir Putin’s close allies has suddenly dies. Nikolay Petrunin, a 46-year-old Russian multimillionaire and a close confidant of the Russian president, is no more. The official reason by authorities was that the Gazprom executive has died as a result of complications [...]
Today at COP28: A change in mood December 6, 2023 As COP28 reaches its mid-way point, the initial lustre and enthusiasm of the world's great and powerful seems to be wearing off.
Harbour Energy returns to profit despite falling revenue and cash flow August 8, 2024 Harbour Energy has returned to the black on Thursday despite the largest UK-based North Sea oil and gas firm suffering a dip in revenue and cratered free cash flow. The producer had been a victim of the energy profit levy imposed off the back of energy price spikes in 2022, with the 75 per cent [...]