The UK’s financial regulator has fined the London Metal Exchange (LME) £9.2 million for failing to maintain adequate systems and controls to handle a major short squeeze in the nickel
The London Metal Exchange discovers irregularities in nickel contracts
The reopening of nickel trading during Asian trading hours by the London Metal Exchange (LME) has been postponed due to the discovery of irregularities in nine nickel contracts.
The London Metal Exchange to reopen nickel trading during Asian hours
Next month, the London Metal Exchange will end a year-long suspension of nickel trading during Asian trading hours, which was introduced after the Ukraine invasion.
Europe’s Fossil Fuel Use Is Set to Plummet in 2023
As the European Union focuses on renewable energy sources to replace Russia’s energy supply, the amount of electricity generated from fossil fuels is expected to plummet.
Intercontinental Exchange Inc to Start Rival Gas Market in London to Sidestep EU Price Cap
Intercontinental Exchange Inc. is opening a parallel natural-gas market in London to assist traders with potential disruptions due to the European Union’s new rules. This will help them deal with
Forthcoming IPO: Georgina Energy, Top Three Goals for the forthcoming helium/hydrogen/gas company set to list on AIM next month
2022 to date has not exactly blown the lights out as far as IPOs have been concerned.
Mystery leaks hit both Russian undersea gas lines, raising European suspicions
On Tuesday, European countries raced to investigate mysterious leaks in Russian gas pipelines that run under the Baltic Sea between Sweden and Denmark.
EU sanctions target Russian oil and banks with new EU sanctions
According to the EU’s top diplomat, new sanctions will be imposed on Russia by the European Union for its war on Ukraine. They will target Russia’s oil industry, banks, and
Putin warns West: Moscow can end exports and deal
On Tuesday, Russian President Vladimir Putin notified the West that he would cease exports and contracts. This was the Kremlin’s most severe response to the US and its allies’ sanctions
EU could offer Hungary and Slovakia exemptions from Russian oil embargo
Two EU officials stated Monday that the European Commission might spare Hungary and Slovakia from an embargo against Russian oil purchases. This was in preparation because of their dependence on
Gazprom has not booked Q3 capacity via Yamal pipeline – EU energy ministers meet for emergency talks
Gazprom, the Russian gas giant, has not booked any gas transit capacity via Yamal-Europe’s Yamal-Europe pipeline in the third quarter, Interfax news agency reported Monday, citing the GSA Platform auction
Russian gas flows to Europe through key pipelines broadly steady Friday morning.
Three key pipeline routes provided Russian gas to Europe, and they were generally steady Friday morning.