Russian energy squeeze pushes Uniper to the brink July 4, 2022 The German government could acquire a stake in troubled energy giant Uniper, amid escalating energy prices and tensions with Russia.
Gas prices soar to £8 per therm as West weighs up sanctions targeting Russian energy supplies March 7, 2022 Natural gas prices in the UK and Europe have rocketed from already-record highs, peaking at a staggering £8 per therm earlier today.
Why we might need to take inflation positivity with a grain of salt August 15, 2023 Temple Melville is forecasting dark skies for world economies as Russia squeezes vital exports, meaning crypto needs a defined role.
West under pressure to secure energy supplies as Norwegian offshore workers go on strike July 5, 2022 Europe faces further pressure in securing supplies ahead of winter , after Norwegian oil and gas workers went on strike today.
Ministers chase mega-deal for gas from Norway amid supply scramble October 10, 2022 Ministers are still chasing a gas deal with Norwegian energy giant Equinor as the UK races to stave off blackouts this winter.
Boris Johnson: We’re paying higher energy bills due to Putin, Ukraine is paying in blood August 25, 2022 As Brits face soaring energy bills in part due to Russia’s war in Ukraine, outgoing prime minister Boris Johnson said they should take on the burden because “the people of Ukraine are paying in their blood”. The soon-to-be former prime minister made his remarks during a surprise visit to Kyiv as Ukraine marked its 31st [...]
Germany raises prospect of power rationing with emergency gas plans March 30, 2022 Germany has triggered emergency plans to manage gas supplies following the Kremlin's demand for contracts to be paid in roubles.
Russia-Ukraine: What will sanctions mean for UK businesses? February 3, 2022 Liz Truss this week warned Russia that the UK is now prepared to hit the Russian Federation with its “toughest sanctions regime” ever, as it seeks to deter the country from sending troops into Ukraine. “Nothing is off the table and there will be nowhere to hide,” the foreign secretary said. But as of yet, [...]
No pressure? Gazprom cuts gas flows into Europe as cold winter months loom July 25, 2022 Gazprom plans to further cut gas flows into Europe, raising the chilling prospect of rationing and blackouts this winter.
Letters: Back to the history books on the energy crisis February 21, 2022 [Re: We must end our dependency on Russia’s gas and embrace renewable, Feb 18] For an escalation to have a large and lasting impact on markets beyond Russia and Ukraine, it would probably have to result in a significant hit to energy supply (something which did not happen after the annexation of Crimea). In fact, [...]