Oil prices climb towards $100 as the West rolls out sanctions on Russia February 23, 2022 The escalating crisis on Ukraine’s eastern flank saw oil prices inch towards $100 a barrel for the first time in almost a decade yesterday.
Gas prices soar amid raised fears of supply shortages as Ukraine suffers cyber-attacks February 23, 2022 Gas prices have shot up 12 per cent on both major benchmarks, raising fears of further energy supply shortages and disruption.
Rio Tinto unveils whopping $16.8bn dividend with surging iron ore demand powering profits February 23, 2022 Rio Tinto has paid out a monster $16.8bn dividend to shareholders, the second biggest in the history of the FTSE 100.
Oil prices steady as supply fears ease February 23, 2022 Oil prices have stabilised after hitting seven year highs, with the West so far avoiding measures that could hit Russian oil and gas.
Methane emissions 70 per cent higher amid soaring wholesale gas prices, IEA reveals February 23, 2022 Methane emissions from the global energy sector are 70 per cent higher than officially reported with coal figures logged for the first time.
Hochschild Mining boss at a loss to explain tumbling shares amid rebounding profits February 23, 2022 Hochschild Mining has reported rebounding revenues and a boost in profits, despite the continuing impact of Covid-19 on its business.
Analysis: Scholz’s orange light for Nord Stream 2 February 23, 2022 German Chancellor Olaf Scholz’s decision to suspend the approval process for Nord Stream 2 following Russia’s decision to instigate conflict in Ukraine was both an emphatic display of solidarity with the West, and also a canny political move, reflecting the savviness of Angela Merkel’s successor. The choice allowed him to present a united front with [...]
Golden opportunity: Worried investors drive the rally February 22, 2022 Gold prices have rebounded this month, with the precious metal glittering in the gloom amid escalating tensions between Russia and the West.
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.
Oil closes in on $100 milestone as Putin orders Russian troops into Ukraine February 22, 2022 Oil prices are surging on both major benchmarks amid growing fears of tightening supplies and conflict in Ukraine.