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Energy

  • Russia warns West of $300 oil prices and gas supply cuts if countries impose energy sanctions

    March 8, 2022

    Russia has warned the West it could close pipelines and that oil prices will spike to over $300 if countries impose energy sanctions.

  • Exclusive: Invinity on vanadium flow batteries and the UK’s net zero plans

    March 8, 2022

    Invinity chief executive Larry Zulch and chief commercial officer Matt Harper spoke with City A.M. about vanadium batteries and net zero.

  • Energy sanctions on Russia could leave Europe exposed warn analysts

    March 8, 2022

    Analysts suggest Europe will struggle to make up the shortfall in Russian gas supplies if it rolls out energy sanctions on the country.

  • Wheat price rallies could hurt hospitality and cause food prices to spike warn industry leaders

    March 8, 2022

    Hospitality and supermarkets could bear the brunt of rocketing record prices following Russia's invasion of Ukraine.

  • London Stock Exchange steps in and cancels trades in rebounding Polymetal International

    March 8, 2022

    Polymetal International's rally was cut short after the London Stock Exchange cancelled key morning trades.

  • Oil dips as European leaders play down prospect of sanctions on Russian energy supplies

    March 7, 2022

    Oil prices have dipped following strong rallies this morning, with Europe playing down the prospect of sanctions on Russian energy supplies.

  • Rolls-Royce’s small modular reactors enter approval process after successful funding round

    March 7, 2022

    Rolls-Royce's small modular reactors are a step closer to construction with the project set to begin the approval process.

  • Gas prices soar to £8 per therm as West weighs up sanctions targeting Russian energy supplies

    March 7, 2022

    Natural gas prices in the UK and Europe have rocketed from already-record highs, peaking at a staggering £8 per therm earlier today.

  • Oil hits 14-year highs and closes in on $130 per barrel amid fears of tightening supplies

    March 7, 2022

    Oil prices soared to $130 per barrel earlier this morning - its highest level since 2008 - amid supply fears.

  • En+ Group loses Lord Barker as chairman as Russian energy giant considers separating international unit

    March 7, 2022

    En+ Group said this morning it has started a review of its strategy on Rusal , thereby considering a separation of the aluminium company’s international business, the energy giant clarified in a statement. Moreover, Gregory Barker, who has served as executive board chairman at En+ since November 2017, has resigned. “A strategic review is currently [...]

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