FTSE 100 today: London markets poised to follow global uptrend January 23, 2024 Asian stocks mirror Wall Street's rally; Nikkei surges on BOJ's dovish tone, while China lags behind. All eyes on Netflix, Johnson & Johnson, and Procter & Gamble earnings, shaping a day of market anticipation.
Explainer: How Russia is dodging oil sanctions and what the West is doing about it January 13, 2024 G7 sanctions are slowing Russia's oil industry but the sanctions are not having the desired effect
Russia oil exploration hits record levels as Putin fights sanctions with drilling January 10, 2024 Russia's 2023 drilling volumes broke post-pandemic records
Harbour Energy’s $11.2bn acquisition will transform the North Sea player January 8, 2024 Panic buying the week before Christmas is a familiar practice the world over. Presents, booze, holidays; the phenomenon is a manifestation of ‘fear of missing out’ culture and one that incurs massive spending. News of London-listed Harbour Energy’s blockbuster $11.2bn buy of Wintershall Dea’s oil and gas assets closed at 3pm GMT on 21st December. [...]
Owner of major UK refinery extends loan deal with Russian oil firm January 3, 2024 The owner of one of the UK's largest oil refineries has agreed an extension to a loan facility with a Russian oil company that is under sanctions in the US, company accounts show.
Will oil and gas remain biased to the upside? December 24, 2023 You cannot tell the story of oil and gas in 2023 without talking of a fall.
North Sea’s biggest oil and gas producer, Harbour Energy strikes £9bn deal for German peer December 21, 2023 Harbour Energy on Thursday agreed to acquire Wintershall Dea's non-Russian oil and gas assets in a £9bn share and cash deal with BASF and LetterOne.
Oil prices remain under pressure despite Red Sea disruption December 21, 2023 Oil prices remain under pressure.
Roman Abramovich: Ex-Chelsea owner loses legal bid against EU over Putin sanctions December 20, 2023 Abramovich had filed a lawsuit at the EU’s general court against the European Union Council, which imposed the punishment on the oligarch.
UK court grants injunction against Russian pipeline firm in $14bn lawsuit December 7, 2023 Russian state-owned oil pipeline company Transneft has had its ability to move funds restricted after a UK court granted an injunction against the firm as part of a $14bn lawsuit.