Gas prices surge as West races to top-up supplies ahead of looming winter months July 7, 2022 Gas prices have spiked amid continued concerns over supply shortages, as the West scrambles to secure energy supplies ahead of winter.
Shell announces pounds sterling dividend payments after oil firm slashes ties with Russia March 14, 2022 Shell has announced the pounds sterling and euro equivalent dividend payments for its latest interim dividend. The London-listed fossil fuel giant announced its fourth quarter 2021 interim dividend on 3 February at $0.24 per ordinary share. Shareholders will be entitled to €0.2181 or 18.28p per ordinary share, providing they had validly submitted US dollars, euros [...]
War enters new phase: Nato agrees to arm Ukraine to the teeth with heavier weapons as Putin ‘has changed his tactics’ April 8, 2022 As Nato foreign ministers met in the Belgian capital of Brussels to hear the demands from Ukraine for more equipment, they agreed to arm Kyiv to the teeth with much more modern weapons. Nato allies have agreed to supply “new and heavier” weapons to Ukraine as Kyiv warned it needs immediate reinforcement in its struggle [...]
US commits $300m more to Ukraine’s fight against Russia, as Moscow accusing Washington of ‘pouring oil on the flames’ April 25, 2022 The United States has committed an extra $300m in military assistance to Ukraine, as the Kremlin warns it was “pouring oil on the flames” of the war. Secretary of State Anthony Blinken stepped onto the tarmac in Kyiv this week as he met president Vlodymyr Zelensky in the Ukrainian capital. During the visit, accompanied by [...]
As Iceland rows back on palm oil, this is one slippery slope we should start to embrace March 31, 2022 Supermarket chain Iceland announced this week that it had no choice but to go back on a pledge to avoid using palm oil as an ingredient in its own-brand product range. Managing director Richard Walker wrote in a blog post that Iceland could no longer afford to use sunflower oil, the palm oil alternative it [...]
Germany rules out energy sanctions on Russia amid spiralling gas prices March 3, 2022 Germany has ruled out the prospect of oil and gas sanctions, with economy minister Robert Habeck warning against the measures.
Veteran congressman calls on Biden to ban oligarchs’ UK lawyers from the United States April 20, 2022 The UK lawyers that have worked on behalf of Russian oligarchs in their efforts to silence journalists should be banned from travelling to the United States, a senior congressman has said. In a letter to US secretary of state Anthony Blinken, Democratic Party congressman Steve Cohen called on the Biden administration to impose travel bans [...]
Gas prices rise as Gazprom threatens supply cuts to Ukraine pipeline November 23, 2022 Gas prices have climbed after Gazprom warned it could further limit supplies into Europe next week amid a dispute with Ukraine.
Global cost-of-living crisis risks ‘dire consequences’ for planet as firms ditch climate concerns January 11, 2023 The global cost-of-living crisis threatens to railroad efforts to combat climate change, “potentially leading to dire planetary and societal consequences,” the World Economic Forum (WEF) warned today. Soaring energy and food prices are forcing governments and private businesses to turn to cheaper, often dirtier resources to produce goods and services. As a result, “the risks [...]
Low-quality gas could be used to ease energy crisis June 25, 2022 Lower quality gas could be flowing through Britain's pipelines this winter, with the Government scrambling to secure energy supplies.