FTSE 100 Closes at Record High as Energy Stocks Surge on New Russia Sanctions
Moscow Times Reports Sharp Fall in Russian Stock Market
Russian Stocks Slide as US Sanctions Hit Rosneft and Lukoil
Caspian Sunrise PLC (AIM: CASP) First well spudded at West Shalva Contract Area
The board of Caspian Sunrise is pleased to announce that the first well to be drilled on the West Shalva Contract Area has been spudded.
The cessation of Russian gas has compelled nearly all industries in Transnistria to shut down.
The halt of Russian gas supplies to Moldova’s separatist region of Transnistria has necessitated the shutdown of nearly all industrial operations, with the exception of food production facilities.
Russian gas deliveries to Europe via Ukraine have halted
Ukraine has terminated the gas transit route following the expiration of a 2019 agreement in the early hours of New Year’s Day. This development marks a significant step in Europe’s
Caspian Sunrise plc (AIM:CASP) Proposed Sale of the BNG shallow structures for $83 million
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Exxon finalizes £48bn acquisition to become the leading shale oil producer.
Exxon Mobil is set to acquire Pioneer Natural Resources in a deal valued at $59.5bn (£48.4bn), positioning it as the premier global shale oil producer.
Gas prices spike due to concerns over a potential sabotage-induced leak on subsea pipeline
UK gas prices experienced a sharp rise after Finland’s government suspected that a leak in an underwater pipeline resulted from “external interference”. Finnish President Sauli Niinisto announced that along with
UK gas prices have jumped to their highest level in four months after Israel field closure
UK gas prices have soared to a four-month peak following the shutdown of a major Israeli field in the Mediterranean Sea.
Gas prices rise as Israel halts production at Tamar field
European gas prices rose following Israel’s decision to halt production at its Tamar field due to the severe attacks originating from Gaza.
Crude prices rallied to as high as $89 a barrel on Monday
Crude oil prices reached as high as $89 a barrel on Monday. This rise is attributed to concerns that the attack by Hamas on Israel may escalate tensions in the
Russia attempts to stabilize the rouble amidst Western sanctions’ impact
The Bank of Russia is bolstering the beleaguered rouble in response to the mounting challenges posed by Western sanctions against Vladimir Putin’s administration.