EU prepares to cut down gas demand ahead of cold winter months amid Russian disruption July 14, 2022 The EU will encourage member states to cut down the continent's gas demand by incentivising industries to use less energy.
Naftogaz asks creditors to defer debt payments as Russian invasion takes its toll on energy giant July 13, 2022 Ukraine's state-owned energy giant is struggling for cash, with many of its customers unable to pay their bills following Russia's invasion.
Russia suffers heavy blow as Ukraine uses US-supplied high mobility rockets to destroy key weapon depot July 12, 2022 The Ukrainian military’s southern command said this morning that a rocket strike targeted a depot in Russian-held Nova Kakhovka, about 35 miles east of the important Black Sea port city of Kherson, which is also occupied by Russian forces. The Russian ammunition depot was apparently targeted by Ukrainian forces overnight, resulting in a massive blast [...]
Russian oligarch backed fund LetterOne files lawsuit against private equity firm that cut ties following war in Ukraine July 7, 2022 The Luxembourg headquartered investment fund founded by sanctioned Russian oligarchs Mikhail Fridman and Petr Aven has filed a lawsuit against the London private equity firm that manages $5bn (£4.2bn) of it’s money. Multi-billion-dollar investor LetterOne is taking legal action against Pamplona Capital Management, in calling on the private equity firm to open its books, after [...]
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.
Russia has suffered 36,000 deaths during war in Ukraine, top Kyiv official claims July 4, 2022 The Kremlin has now suffered 36,000 deaths during its war against Ukraine according to a leading official in Kyiv. Russia’s army has suffered heavy losses in personelle, as well as almost thousands of military vehicles, including tanks, helicopters and rocket launchers. According to Newsweek, Russia’s official military losses were released mid-March when it said there [...]
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.
Two more Brits charged with being mercenaries in separatist-held Ukraine July 2, 2022 Two Brits have been charged with being mercenaries after being captured by Russian forces in Ukraine, a Russian state news agency has reported. Criminal charges had been filed against Dylan Healy and Andrew Hill under article 430 of the self-proclaimed Donetsk People’s Republic (DPR)’s criminal code, it has been reported. Healy is understood to be [...]
‘Kaboom!’ Ukraine announces recapture of Black Sea’s strategically important Snake Island June 30, 2022 Russia have abandoned the Ukrainian Black Sea outpost of Snake Island in a strategic victory for Kyiv against the Kremlin’s blockade. Ukrainian president Vlodymyr Zelensky’s office announced the major coup after Russia’s defence ministry said it withdrew as a “gesture of goodwill”. Its supposed gesture was done, according to Reuters, was to prove the Kremlin [...]
UK government is failing to match words with action in stamping out dirty money, MPs say June 30, 2022 The UK government is failing to match its rhetoric with real efforts to crack down on dirty money, MPs have warned. The government is continuing to let the UK become a “safe deposit box” for morally bankrupt billionaires, despite its rhetoric around “clamping down” on Russian money, the Foreign Affairs Committee said. The committee said [...]