FTSE 100 Closes at Record High as Energy Stocks Surge on New Russia Sanctions
FTSE 100 Closes at Record High as Energy Stocks Surge on New Russia Sanctions
Russian Stocks Slide as US Sanctions Hit Rosneft and Lukoil
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 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.
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
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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.
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 soared to a four-month peak following the shutdown of a major Israeli field in the Mediterranean Sea.
European gas prices rose following Israel’s decision to halt production at its Tamar field due to the severe attacks originating from Gaza.
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
The Bank of Russia is bolstering the beleaguered rouble in response to the mounting challenges posed by Western sanctions against Vladimir Putin’s administration.