Virgin Atlantic reaps the rewards from oil bet in pandemic rebound March 13, 2022 Virgin Atlantic will offer the same number of seats for customers as this summer as it did in 2019 - prior to the pandemic.
UK steel firms suspend imports of Russian coal March 13, 2022 Tata Steel UK (Tata) and British Steel have both suspended imports of Russian coal, according to The Mail on Sunday. The decision follows sustained pressure from Western governments for businesses to divest from Russia, as it ramps up sanctions on the country following the invasion of Ukraine. Coal is used to heat blast furnaces up [...]
Oil prices to remain high despite ‘unprecedented’ volatility March 10, 2022 Oil prices have gone on a wild journey this week - with prices fluctuating amid escalating conflict in Ukraine.
CF Fertilisers confirm UK operations continue despite energy market volatility March 10, 2022 One of the UK's leading fertiliser, CO2 and ammonia providers insist there have been no changes to its operations.
Evraz shares suspended after Abramovich sanctions March 10, 2022 Shares in mining giant Evraz have dropped 11 per cent, after the government sanctioned major stakeholder Roman Abramovich.
Rio Tinto cuts ties with Russia March 10, 2022 Rio Tinto became the first major mining company to announce it was severing ties with Russian businesses following the invasion of Ukraine.
Octopus bets big on wind power with four new European deals March 10, 2022 Octopus Renewables will nearly double its wind power capabilities after reaching four new deals to ramp up power generation in Europe.
Gas prices hit record levels this month reveals Office for National Statistics March 10, 2022 Gas prices soared 66 per cent in the week up to 6 March 2022 to record levels at 15.5p per kilowatt hour (kWH), according to the ONS.
UAE hints at supporting boost in oil supplies following Russia’s invasion of Ukraine March 10, 2022 OPEC member United Arab Emirates called for more oil supplies to be pumped into the market yesterday amid fears of supply shortages.
Kwarteng commits to North Sea oil and gas as UK phases out Russian energy supplies March 9, 2022 Business Secretary Kwasi Kwarteng has said the government is committed to North Sea fossil fuel
