Nord Stream explosion signals challenging winter for Europe September 28, 2022 Experts warned the Nord Stream crisis could beckon future unpredictability across Europe, warned experts.
Brits’ energy bills to hit £4,000 by January as gas prices spiral out of control August 7, 2022 The average energy bill is set to climb to nearly £4,000 a year from January as gas prices continue to push upwards, new analysis has shown. Energy consultancy Auxilione warned that the Government’s price cap, which sets bills for more than 20 million households in Great Britain, could be increased further than previously expected. It [...]
Gas prices plunge as Germany closes in on storage targets August 30, 2022 Gas prices have fallen sharply today amid reports Germany is on course to meet its gas storage targets for October.
Harbour Energy returns to profit despite falling revenue and cash flow August 8, 2024 Harbour Energy has returned to the black on Thursday despite the largest UK-based North Sea oil and gas firm suffering a dip in revenue and cratered free cash flow. The producer had been a victim of the energy profit levy imposed off the back of energy price spikes in 2022, with the 75 per cent [...]
Australia weighs up gas curbs as Europe scrambles for supplies August 1, 2022 One of the world's largest suppliers of LNG is considering curbs on exports, which could exacerbate the global energy supply crunch.
Uniper bailout edges closer as energy crisis deepens July 20, 2022 Uniper is closing on a bailout from the German government, which is weighing up a 15-30 per cent stake in the company.
Ukraine’s Naftogaz says Russia told to pay $5bn for seizing Crimea assets April 13, 2023 Naftogaz revealed Moscow had been ordered by an arbitration court in The Hague to pay $5bn compensation for unlawfully expropriating assets.
Five top Kremlin-linked energy bosses have mysteriously been found dead since start of 2022 July 7, 2022 Five leading energy officials in Russia have now reportedly died in suspicious circumstances since the start of the year. A shipping boss with ties to the Kremlin, Yuri Voronov, was found with a gunshot wound at his property this week. This comes after four other officials with links to Moscow’s energy industry, and in particular [...]
Fury in Brussels: Germany caves in to Russia’s rouble demands April 28, 2022 Germany has ceded to Russian President Vladimir Putin’s demand to pay for Russian gas with roubles, as the energy crisis deepens.
Uniper upgrades outlook and considers state aid repayments after bailout July 26, 2023 Bailed-out Uniper expects billions of euros in profits in 2023 as a result of more favourable than expected gas price developments.