Fresh doubts over Nord Stream 2 pipeline as EU put approval process on hold February 1, 2022 Approval for Nord Stream 2 has been put on hold, and the European Commission will scrutinise the project's compliance with EU energy policy.
Putin’s war mongering in Ukraine must serve as a lesson against complacency February 1, 2022 As Ukraine faces down a mounting threat of a Russian incursion, Nato has reinforced its Eastern borders in Romania and Estonia. There is a chorus of international voices calling on Putin to stand down the 100,000 troops he has stationed on the border, and we are being forced to reckon with our own complacency. But [...]
Truss: All major Russian businesses at risk of heavy UK sanctions if Putin invades Ukraine January 31, 2022 The UK will not hesitate to freeze the assets of any major Russian business or any oligarch linked to the Kremlin if Vladimir Putin invades Ukraine, Liz Truss today announced. The foreign secretary said any Russian business that has “economic or strategic significance” to Russia could be shut out of operating in Britain and that [...]
Ryanair urges Belarus to guarantee planes will never be diverted as it prepares for Ukraine ramp up January 31, 2022 Low-cost carrier Ryanair has urged Belarus to guarantee that it will never divert a plane again, after one its planes was forced to land in Minsk in May. “I think it is fundamental to the future of air travel that we do not have a repetition of what in my mind was the first case [...]
Ukraine crisis: Johnson to travel to Kiev on Tuesday and speak to Putin today January 31, 2022 Boris Johnson will travel to Kiev tomorrow to meet with president Volodymyr Zelensky over the Ukraine-Russia crisis, with the Prime Minister also set to speak to Vladimir Putin today. Johnson will hold a press conference tomorrow in Ukraine following his meeting with Zelensky. It comes as foreign secretary Liz Truss will today outline a set [...]
IEA suggests countries could turn to coal amid soaring gas prices January 31, 2022 European gas demand could decline this year as high prices make coal more competitive for power generation, according to the IEA.
Steel sales slump at Evraz amid Russian export pressures January 31, 2022 Global steel and mining giant Evraz reported a slump in sales of its steel products last year after new rules on exports of its Russian products put a squeeze on production.
Energy bills could spiral to almost £2,000 per year warns Cornwall Insight January 30, 2022 The consumer price cap will rise to £1,897 per annum for April, according to the latest gloomy forecasts from energy specialists Cornwall Insight.
Oil remains at $90 per barrel amid growing geopolitical turmoil January 30, 2022 Brent Crude and WTI Crude have consolidated their gains from rallies this week, as concerns over tightening supplies this year continue to fester.
Truss: UK willing to sanction Russian oligarchs close to Putin over Ukraine January 30, 2022 The UK will level tough sanctions on Russian oligarchs close to Vladimir Putin if he invades Ukraine, Liz Truss has said. The foreign secretary said she would next week introduce legislation in parliament that will “target more Russian interests that are of direct reliance to the Kremlin” and that the sanctions would come in place [...]