ExxonMobil trebles buyback scheme after $3.4bn Russia write-down April 29, 2022 Exxon Mobil (Exxon) has revealed a hefty $3.4bn write-down following its withdrawal from Russia in its first quarter update.
Oil prices recover as Germany lifts opposition to Russian import ban April 29, 2022 Oil prices have risen for a fourth consecutive day with concerns over Russian supply disruptions trumping reduced demand in China.
Government doubles support for high energy businesses as energy crisis deepens April 29, 2022 The government is boosting support for high energy usage businesses, amid spiralling energy costs and record power prices.
Fury in Brussels: Germany caves in to Russia’s rouble demands April 28, 2022 Germany has ceded to Russian President Vladimir Putin’s demand to pay for Russian gas with roubles, as the energy crisis deepens.
Total pain: French energy giant suffers $4.1bn hit from Arctic LNG project April 28, 2022 TotalEnergies has taken a $4.1 billion hit following it withdrawal from a Russian liquiefied natural gas (LNG) project in the Arctic.
It would be ‘silly’ to provide households with more support before price cap update, says Rishi Sunak April 28, 2022 Chancellor Rishi Sunak plays down the prospect of immediate support for households despite mounting pressure on consumers.
Customers could save nearly £150 by turning off ‘vampire electronics’ reveals British Gas April 27, 2022 Households could save £147 on their electricity bills every year by switching off electronics left on standby, according to British Gas.
Shares in Atome Energy soar amid fertiliser crisis April 27, 2022 Shares in Atome Energy have soared 24.4 per cent powered by the ongoing fertiliser crisis - which has been exacerbated by raised gas prices.
Uniper expects to pay for Russian gas in roubles despite halting flows into Poland and Bulgaria April 27, 2022 Uniper has confirmed it still expects to be able to pay for long-term gas contracts from Russia through the roubles payments process signed into law by Russian President Vladimir Putin last month.
Austria to pay for Russian gas in roubles April 27, 2022 Austria has ceded to Russian demands to pay for its gas supplies in roubles, amid escalating tensions between the West and the Kremlin.