Downing Street calls on public sector bodies to review contracts with Russian energy suppliers March 28, 2022 The government has instructed public sector bodies to review energy deals and other contracts they have with Russian firms.
British Airways is the first airline to take delivery of UK sustainable jet fuel March 28, 2022 British Airways has become the first airline to use sustainable aviation fuel produced in the UK on a commercial scale.
Spotting an opportunity: Nigeria exploits anti-Moscow sentiment as oil giant offers to replace Russian gas in UK and Europe March 28, 2022 Nigeria has said it is ready and prepared to provide the UK and Europe with much more gas than it currently does in order to offer an alternative to Russian gas, according to a government minister. Nigeria’s Minister of State for Petroleum Resources, Timipre Sylva, told various media cross Africa his country is ready to [...]
Oil prices tumble as Shanghai shuts down amid surging Covid-19 cases March 28, 2022 Oil prices dipped four per cent on both major benchmarks this morning following Shanghai's launch of a two-stage lockdown to combat Covid-19.
Octopus Renewables Investment Trust calls for clearer direction in government energy strategy March 28, 2022 ORIT has reported a 9.3 per cent growth in NAV and fully covered dividends in its full-year results following multiple new deals.
National Grid’s £4.2bn gas sell-off to Macquarie comes under fire from Vince Cable March 28, 2022 Former business secretary Vince Cable has criticised National Grid's decision to sell a 60 per cent stake in NGG to Macquarie.
Interventions have merit, but government mustn’t get hooked on meddling March 28, 2022 The drumbeat towards another Sunakian save-the-day package has begun, it seems. It is barely weeks since the Chancellor’s first energy market intervention, a devillishly complicated scheme of rebates and discounts to reduce the pain of higher energy prices. Russia’s invasion of Ukraine has now added further upward pressure on those same costs, and it is [...]
Exclusive: Carbonplace and Climate Impact X team up for carbon credit scheme March 25, 2022 Carbonplace and Climate Impact X have teamed up on a pilot scheme to lower entry barriers for carbon credits trading.
G7 leaders call on OPEC to raise oil supplies March 25, 2022 The leaders of the G7 nations yesterday urged OPEC to boost oil production following Russia's invasion of Ukraine.
Energy suppliers raise concerns over Putin’s push for rouble payments March 24, 2022 Suppliers questions the viability of Russian President Vladimir Putin's call for gas payments to be made in roubles.