Britain has committed a “grave strategic error” by turning its back on North Sea gas production, according to leading economist Simon French, after Israeli strikes on Iran sent oil and
Britain has committed a “grave strategic error” by turning its back on North Sea gas production, according to leading economist Simon French, after Israeli strikes on Iran sent oil and
The Kremlin can now largely disregard the G7’s price cap on Russian oil exports, as the global benchmark price has fallen below $60 a barrel.
Russia’s sudden eagerness to engage with U.S. President Donald Trump’s efforts to end the war in Ukraine comes as no surprise. The Kremlin is desperate for the conflict to conclude,
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
Russia has been compelled to halt operations at a section of the world’s largest liquefied natural gas (LNG) facility near the Arctic city of Murmansk due to diminished demand caused
Insurers have raised concerns that the price cap on Russian oil has become unenforceable, leading to an increase in ships joining a shadow fleet, thereby circumventing G7 sanctions aimed at
Russia has reportedly requested Kazakhstan’s assistance in supplying petrol, as Ukrainian attacks on Russian refineries have necessitated gasoline imports.
The National Grid has declared its intention to decrease electricity consumption on Wednesday, citing “tighter than usual electricity supply margins expected on Wednesday evening.”
Middle East war could send oil to $140 a barrel, says Allianz War in the Middle East could cause the oil price to surge to $140 a barrel and bring
Europe’s major gas supplier, Norway, is diligently following the investigation into the mysterious damage to a Baltic Sea gas pipeline.
President Vladimir Putin dismissed claims suggesting Russia’s hand in the disruption at the Balticconnector gas pipeline, calling them “utterly baseless.”