Shell set to sell Russian petrol stations May 13, 2022 UK-based oil giant Shell has announced it will sell its petrol stations in Russia as it continues plans to exit the country.
Energy specialist warns government needs to spend £20bn on battery storage to meet renewable goals May 12, 2022 The government will have to commit £20bn on battery storage to meet renewables targets, argued energy specialists Cornwall Insight.
‘Let the West pay more’: Russia dares EU to bring in oil ban May 11, 2022 The Kremlin has warned it has enough buyers for its energy resources outside of Western countries, as the EU weighs up a Russian oil ban.
New York’s slice of London in Sadiq Khan £10m tourism campaign May 10, 2022 NEW York was treated to a slice of London yesterday, as a handful of Coldstream guards who ordinarily stand watch at Buckingham Palace took to Times Square for the launch of a £10m campaign to lure American tourists back to the capital. Sadiq Khan was met with an enthusiastic reception from the likes of tourists [...]
The City View: Analysing the G7 plan to phase out Russian oil May 9, 2022 Today Andy Silvester talks to City A.M. reporters Nicholas Earl and Leah Montebello. They go through the G7’s decision to phase out Russian oil, historically elevated gas prices, unpick Snapchat owner Snap Inc.’s plan to compete with the likes of TikTok, and break down Uber’s CEO Dara Khosrowshahi’s recent letter to employees. And in the [...]
Kosmos slides ten per cent despite positive earnings update May 9, 2022 Shares in oil and gas producer Kosmos tumbled by more than ten per cent today despite positive first quarter results.
Oklahoma review: Sexy, edgy production has highs and lows May 7, 2022 It’s hardly the world’s best-kept secret that the musicals of Rodgers & Hammerstein, such as South Pacific and The Sound of Music, are crusty as hell. Written over 75 years ago, musical naysayers would call them sexist and perhaps even say their writing is banal – but many have retained a level of fame and [...]
Tech Weekly: Matt Hancock on crypto ambitions and lockdown decisions May 6, 2022 This week City A.M. reporters Lily Russell-Jones and Charlie Conchie sit down with Conservative MP and former Health Secretary Matt Hancock. They chat about his outspoken views on crypto, regulation, and the need for accessibiity when it comes to crypto investing; go through his post-Cabinet ambitions; and unpick his decision-making at the height of the [...]
Putin ‘running out of missiles’ amid claims quarter of Russian Army now lost: Kremlin loses momentum in Donbas May 6, 2022 Vladimir Putin could be running out of missiles and armaments because of how much his forces have had to fire during the Ukraine war so far, according to the head of Britain’s Armed Forces. The Chief of Defence Staff, Admiral Sir Tony Radakin, said Russia has now lost 25 per cent of all its forces [...]
Can Mayfair’s Park Chinois combine dinner and cabaret and make it good? May 4, 2022 There are lots of things in life that could reasonably be described as ‘a lot.’ Visiting the in-laws can be ‘a lot,’ as can indulging your drunk uncle in conversation when he’s offering his take on cancel culture. Marzipan is also ‘a lot’, and so is trifle. All of these over-stimulating experiences pale by comparison [...]