OPEC+ finalises heavy oil output cuts in bid to boost sliding prices October 5, 2022 The world's most influential oil cartel, OPEC+, has agreed to its deepest cuts in production since the pandemic.
Nervous Kremlin faces growing efforts from all sides within Russia to topple Putin as coup rumours swell in Moscow September 14, 2022 Staunch Putin loyalist Kadyrov criticizes Kremlin on Telegram Lawmakers in St Petersburg urge parliament to prosecute Putin for treason Lawmakers in Moscow call for imminent Putin removal Tensions between Kremlin and security service FSB growing fast Social media activity in Russia in overdrive Analysts convinced Kremlin coup may be imminent ‘Siloviki’ group of former FSB [...]
Total Energies hoovers up £650m dividends from Russian assets October 27, 2022 Total Energies received nearly three-quarters of a billion dollars iin dividends from Russian assets during the first nine months of the year.
EU to delay coal ban amid pressure from Germany April 7, 2022 The EU will ban Russian coal a month later than planned amid pressure from Germany to delay the restrictions.
Russians flee en masse to escape Putin’s mobilisation with few flights out of Moscow costing £10,000 September 27, 2022 Tens of thousands of Russians are fleeing their country to escape the mass military mobilisation that is currently underway. As a result, international flights out of Moscow now cost more than £10,000 per seat for a single ticket. The Kremlin ordered last week that up to 300,000 reservists across Russia should report for duty in [...]
Foreign Secretary Liz Truss backs energy sanctions against Russia February 27, 2022 Foreign Secretary Liz Truss has called for limits on oil and gas imports from Russia, following the country's invasion of Ukraine.
Russia has 38 per cent jump in energy export earnings this year: internal document August 17, 2022 Reuters Higher oil export volumes, coupled with rising gas prices, will boost Russia’s earnings from energy exports to $337.5 billion this year, a 38% rise on 2021, according to an economy ministry document seen by Reuters. The jump in revenues, if it materialises, will help shore up Russia’s economy in the face of waves of [...]
Japan will keep hold of Russian LNG stake March 31, 2022 Japan will not abandon its stake in the Sakhalin-2 LNG project in Russia, which the prime minister argued is key for energy security.
Iran suspends Saudi Arabia talks while US deal hits Russian roadblock March 13, 2022 Iran has paused talks with Saudi Arabia while Russian demands have curtailed its attempts to revive former arrangements with the US.
Can the supermarkets ever overcome accusations of profiteering? July 28, 2023 Food producers are unwilling to pass on price drops as they battle oscillating and chaotic costs for supplies that they have little control over.