His Raw Materials: Putin pushes back against oil and gas sanctions with retaliatory measures March 9, 2022 Russia has announced plans to restrict the trade of goods and raw materials, in response to the US and UK imposing oil and gas bans.
Ukraine invasion ‘will definitely accelerate the EU’s progress towards net zero,’ says analyst March 3, 2022 Russia’s invasion of Ukraine has put pressure on Europe’s energy grid, as it imposes sanctions on its largest oil and gas supplier. Europe is the largest home for Russian crude oil, with around 53 per cent of it ending up on the continent, according to the latest research by ING’s head of commodities strategy Warren [...]
Russia’s ex PM and President Medvedev threatens to nuke Germany over Putin arrest warrant March 24, 2023 The former President and prime minister of Russia Dmitry Medvedev appears to have threatened Germany with a nuclear attack this morning. The controversial politician made the claim on Twitter in response to the International Criminal Court’s decision to issue an arrest warrant for Vladimir Putin, for war crimes. This comes after Germany, which was one [...]
Gas prices slide ahead of spring as banking chaos sparks recession fears March 20, 2023 Gas prices have dropped in this afternoon's trading as warmer weather and economic turmoil eased expectations of demand.
Lukoil board members step down from roles March 17, 2022 Three international board members of Russian petroleum giant Lukoil have left the company today. This includes Roger Munnings, chairman of the Russian-British Chamber of Commerce, Toby Gati, member of the US-Russia Business Council (USRBC), and former Austrian Federal Chancellor Wolfgang Schüssel, president of TTG Global. The oil company’s board of directors now consists of eight [...]
From Russia with losses: BP counts the cost of Rosneft exit amid escalating windfall tax row May 4, 2022 BP’s decision to pull out of its Russian holdings after the Kremlin’s invasion of Ukraine has blown a £20bn hole in its first quarter finances.
Editorial: An ‘off-ramp’ for Putin? West can only offer him a u-turn March 8, 2022 As Russia’s invasion of Ukraine goes ever more bloody and ever more of a military disaster for the Kremlin, it has become trendy to talk of giving Putin an “off ramp” that allows him to save face, whilst also bringing to an end the senseless murder being unleashed on Ukraine. Putin’s people themselves offered one [...]
IEA: Renewable energy to ramp up by a third this year, driven by supply security fears and Chinese growth June 1, 2023 The world's renewable energy capacity will jump a third this year, revealed the International Energy Agency.
Wheat prices spike as Russia threatens to suspend exports March 14, 2022 European wheat prices have risen amid threats from Russia it will suspend exports of wheat, barley, maize and rye.
Europe ramps up buys of South African coal amid supply security push ahead of Russia ban June 15, 2022 European countries have ramped up purchases of South African coal to meet their energy needs, as the continent scrambles to secure supplies.