Shell announces exit from Russian assets following Downing Street pressure February 28, 2022 Shell will exit is joint ventures with Gazprom following intense government pressure to divest from Kremlin-backed assets.
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.
Oil and gas rebound as pressure mounts on Russia February 28, 2022 Oil and gas prices are soaring again after the West imposed stiff sanctions on Russian financial institutions yesterday.
China’s energy consumption and coal use reaches decade highs February 28, 2022 China has recorded its biggest increase in both total energy consumption and coal use in a decade last year.
Equinor cuts Rosneft ties amid escalating pressure to divest from Russia February 28, 2022 Norwegian energy Equinor has announced it will cut ties with Kremlin-backed Rosneft and divest from its joint ventures in Russia.
Petrol prices hit £1.51 per litre as cost of living crisis deepens February 28, 2022 UK petrol prices have broken records yet again following Russia’s invasion of Ukraine, which has further driven fears of supply shortages and seen oil prices spike to over $100 per barrel for the first time since 2014. The latest fuel watch figures from motoring group RAC reveal that unleaded petrol hit a peak on Sunday, [...]
Shares in BP slump sharply following decision to sell stake in Russian oil giant Rosneft February 28, 2022 Shares in BP slumped sharply after the markets opened lower again in London. The oil giant initially dropped by as much as seven per cent, before moving back to roughly 5.58 per cent lower at 363p per share following its decision to sell its nearly 20% stake in Russian oil business Rosneft. The FTSE 100 [...]
BP ditches stake in Rosneft after Russian invasion of Ukraine February 27, 2022 BP will ditch its near 20 per cent stake in Kremlin-backed energy giant Rosneft, following Russia's invasion of Ukraine.
Analysis: UK more bullish on energy sanctions with EU’s Russian dependency raising supply fears February 27, 2022 The West has ramped up sanctions against Russia but only the UK appears eager to push for new limits to Russian energy supplies.
Key Yamal-Europe pipeline flows towards Russia again February 27, 2022 Russia’s Yamal-Europe gas pipeline is flowing eastwards away from Europe yet again, after short intermittent westbound flows according to data from German network operator Gascade. It had shipped gas in normal mode – westbound, from Poland to Germany – for around 10 hours overnight, mostly at a scale of 12.6 million kWh/h. According to renominations, [...]
