Europe’s LNG terminals near full-capacity amid deepening tensions between Russia and the West February 17, 2022 Most of Europe's liquefied natural gas terminals have been topped up to full capacity again, following an influx of supplies from the US.
Russia prepared to re-route gas flows if punished with sanctions February 16, 2022 Russian finance minister Anton Siluanov has warned the country could shift supplies to other markets if it is hit with sanctions.
Suppliers could be charged for luring new customers under fresh Ofgem intervention February 16, 2022 Energy suppliers could be forced to pay a levy when acquiring new customers, under freshly announced time-limited measures unveiled by Ofgem. The regulator has intervened further in the energy industry, with the introduction of the market stabilisation charge. It will mean that when suppliers attract customers from an existing energy firm, they will have to [...]
Shell plans $1bn sale of North Sea gas fields February 15, 2022 Shell is preparing to offload its stakes in two clusters of gas fields in the North Sea for up to $1bn as it shifts away from the basin.
Crude Awakening: The necessity of oil and gas in the green transition February 15, 2022 Oil and gas have a role to play in the energy mix of developed economies, even as the world transitions to renewable energy sources.
Energy round up: Prices rise amid fears Russia will invade Ukraine February 14, 2022 Petrol, oil and gas prices have risen amid rising fears Russia could invade Ukraine and disrupt supply chains.
EU deepens investigation into Gazprom’s European business amid supply concerns February 14, 2022 EU antitrust regulators will intensify information gathering on Gazprom's European business, amid the continent's growing supply crisis.
Oil and gas rally as fears of Russia invading Ukraine rise February 14, 2022 Energy commodities have responded resoundingly to reports from Washington that Russia could invade at "any moment".
Biden and Putin to hold crisis talks amid fears of imminent Russian invasion February 12, 2022 US President Joe Biden will hold talks with Russian President today, with the West fearing a war in Ukraine could ignite at any moment.
Consumer price cap: Is the safety net fit for purpose? February 9, 2022 Ofgem remain committed to the price cap, but how much of a role has it played in the ensuing energy crisis?