Labour would ban fracking ‘for good’ if Starmer gets into power October 13, 2022 Labour has committed to ban fracking “for good” if it was to get into office, while condemning a plan for a price cap on renewables. Keir Starmer’s party called of the Prime Minister to call of plans to block renewable energy projects, while calling fracking “expensive, dirty, and dangerous” Since the Russian invasion of Ukraine [...]
Law giant CMS closes Moscow offices after coming under fire for links to oligarchs March 11, 2022 European law giant CMS has said it will close its Moscow offices and withdraw from the Russian market, after Conservative MP Bob Seely named CMS partner Geraldine Proudler as one of four “amoral” lawyers working for oligarchs to silence the press. In a post on Linkedin today, the law firm said it had decided that [...]
Hungary for gas: Orban ready to pay in roubles April 6, 2022 Hungary is prepared to pay in roubles for Russian gas, confirmed Prime Minister Viktor Orban, despite the West's opposition to the move.
UK has reserve diesel supplies if Russia turns off the tap, government says February 13, 2022 The government has moved to assure people that it has wells of reserve diesel supplies in the event that Russia shuts off its supply to the UK. Russia supplies 18 per cent of the UK’s diesel, despite being less reliant on the country for other forms of gas compared to other European countries. The UK [...]
Qatar set to strike second big LNG supply deal with China June 20, 2023 Qatar is set to secure its second large gas supply deal with a Chinese state-controlled company in less than a year.
Decade-high BP profit take boosts London’s FTSE 100 May 3, 2022 The best underlying profit take from one of the UK’s biggest oil giants in a decade sent London’s top index higher today. The capital’s FTSE 100 index climbed 0.22 per cent to close at 7,561.33 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, dipped [...]
End of an era: Germany shuts down last three nuclear power plants April 16, 2023 Germany has pulled the plug on its last three nuclear power stations, ending a six-decade programme onc and for all.
Gas prices spike as Australian LNG workers vote for strike action August 21, 2023 Gas prices have risen across the continent this morning after labour unions in Australia announced plans to strike in less than two weeks/
EU finalises compromise deal to cut gas usage ahead of winter July 26, 2022 EU member states have settled on a diluted emergency plan to curb gas demand this winter in case Russia turns off the taps this winter.
McKinsey pulls staff out of Russia and sends them to Kazakhstan March 17, 2022 Consultancy giants McKinsey and BCG are pulling their staff out of Russia and sending them to the former Soviet republics of Kazakhstan and Azerbaijan. Big Three consulting firm McKinsey has already sent its Russian employees to Almaty, the largest city in Kazakhstan, according sources speaking to Financial News. Meanwhile, Boston Consulting Group (BCG) is [...]