Government re-opens door to fracking after Russian oil ban March 9, 2022 The Prime Minister, Boris Johnson, is open-minded to the idea of bringing back fracking following a near three year moratorium on the process.
LME considers clampdown on short-selling with nickel trading still suspended March 9, 2022 The London Metal Exchangeis weighing up short-selling reforms following a nickel surge which plunged the market into chaos.
Evraz denies Kremlin ties and downplays effect of sanctions March 9, 2022 Evraz has revealed it is "deeply concerned and saddened" by conflict in Ukraine, and hopes a peaceful resolution will be found.
OPEC+ underperforms as politics weighs on oil output March 9, 2022 Oil prices remain elevated in a volatile market, with OPEC+'s performance under increasing scrutiny amid escalating conflict in Ukraine.
Oil prices fall as Europe holds back from energy sanctions on Russia March 9, 2022 Oil prices have dipped this morning after Europe stayed out of ramped-up Western sanctions on Russian energy supplies.
His Raw Materials: Putin pushes back against oil and gas sanctions with retaliatory measures March 9, 2022 Russia has announced plans to restrict the trade of goods and raw materials, in response to the US and UK imposing oil and gas bans.
Offshore energy body to help ensure security of supply as UK divests from Russian oil March 8, 2022 Trade association Offshore Energies UK (OEUK) is committed to working with the government to ensure secure energy supplies.
Ofgem boss: Hike in household energy bills ‘almost inevitable’ March 8, 2022 Ofgem boss Jonathan Brearley has warned a further painful hike in household energy bills is “almost inevitable."
US ramps up sanctions with plans to ban Russian oil imports March 8, 2022 The US is expected to impose ban on Russian oil imports as it ramps up sanctions following the country's invasion of Ukraine.
LME suspends nickel trading amid price boom March 8, 2022 The London Metal Exchange (LME) has halted nickel trading for the rest of the day after prices doubled to a record $100,000 per tonne.
