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Energy

  • Fuel be sorry: Record petrol prices could hurt retail sector warn experts

    March 7, 2022

    Experts suggest record prices at the pumps could hurt the retail sector and potentially stall the UK's ecommerce boom.

  • Ukraine war Day 6: Russia admits close to 500 of its troops are dead with thousands wounded

    March 2, 2022

    Some 498 Russian troops have been killed in Ukraine, with 1,597 wounded, Russia’s Defence Ministry said in its first report of military casualties since the country invaded its eastern European neighbour last week. Moreover, the Russian bombardment of Kharkiv in Ukraine has killed 21 people and hurt 112, a Ukrainian official said. Some Russian planes [...]

  • They are coming: Calls to stop Russian tankers heading for Kent  

    March 2, 2022

    The government must immediately intervene to stop two Russian tankers – containing enough liquid gas to supply the UK for up to 12 days – from docking in Kent at the weekend, a union said this afternoon.   The Boris Vilkitsky and Fedor Litke are bound for Grain LNG with plans to unload on Sunday, according [...]

  • Gas prices spike as Russia ramps up invasion of Ukraine

    March 2, 2022

    Gas prices spiked across the continent amid festering fears of supply constraints following Russia's invasion of Ukraine.

  • Trafigura freezes Russian investments and reviews options for Vostok oil stake

    March 2, 2022

    Trafigura has revealed it has frozen its Russian investments, and is reviewing its 10 per cent stake in Kremlin-backed project Vostok Oil.

  • Shell under pressure as politicians urge firms to follow BP’s lead and ditch Kremlin-backed assets

    February 28, 2022

    BEIS member Alexander Stafford has urged companies to follow BP's lead and sever ties with Kremlin-backed organisations.

  • Energy prices spike after Russia invades Ukraine

    February 25, 2022

    Russian President Vladimir Putin’s decision to launch a full-blown incursion of Ukraine sent energy prices soaring raising fears the UK's living squeeze will tighten.

  • Exclusive: ‘Nuclear has a lot going for it while net zero will simply not happen’, says sceptical environmentalist Bjorn Lomborg

    February 22, 2022

    Bjorn Lomborg is not your typical environmental thinker. A former Greenpeace activist, he is now frustrated with the state of our climate change debate – calling for constructive solutions rather than apocalyptic predictions. So what are Lomborg’s solutions? City A.M.’s Michiel Willems finds out. There is a lot to do about nuclear energy at the moment. [...]

  • Germany suspends Nord Stream 2 pipeline as Russian troops push into Ukraine

    February 22, 2022

    German chancellor Olaf Scholz has halted the approval process of the Nord Stream 2 pipeline as Russia ramps up tensions in Ukraine.

  • Exclusive: Good Energy chief slams poorly run companies in worsening market crisis

    February 22, 2022

    The energy crisis has been worsened by poorly managed energy firms and price competition, argues Good Energy boss Nigel Pocklington.

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