Treasury grants licence to pay contracts for Russia’s Gazprombank until May 31 April 22, 2022 The treasury has granted a licence to pay Russia’s Gazprombank and its subsidiaries until the end of next month. The decision was made to ensure gas supplies continue to flow to the European Union according to a document seen by Reuters. The license allows an individual or firm to continue paying any contracts that began [...]
Swap flights for trains and no driving on Sundays to cut down energy bills suggests IEA April 22, 2022 The IEA is calling for measures to reduce energy consumption, such as swapping short haul flights for trains and not driving on Sundays.
Major firms should be ready for wave of Russian cyberattacks, global spy alliance says April 22, 2022 UK companies should protect themselves against cyberattacks and be wary of hackers exploiting software used to work from home, one the world’s major intelligence alliances has warned. The Five Eyes alliance of spy agencies from the UK, US, Canada, Australia and New Zealand, has said the Russian government is planning to launch a series of [...]
Budweiser owner AB InBev to exit Russian venture in $1.1bn hit April 22, 2022 Budweiser owner Anheuser-Busch InBev has said it will cut off supplies of its beer to Russia by selling its stake in a joint venture to a Turkish partner. The move will trigger a $1.1bn impairment charge in the world’s largest brewer’s first quarter results. The Belgian brewer revealed it was in “active discussions” about selling [...]
Warrior Wellington set for Romantic follow up success April 22, 2022 RACING enthusiasts from around the globe will have their alarm clocks set on Sunday morning for the FWD Champions Day extravaganza from Sha Tin, which is live on Sky Sports Racing. Despite the Covid-19 restrictions scuppering any plans for overseas visitors, Hong Kong’s best gallopers will be locking horns in three Group Ones worth a [...]
Self-confidence has left Nato and Britain unprepared for a threat against the alliance April 22, 2022 Earlier this week, General Sir Richard Barrons warned the Defence Select Committee that the United Kingdom (UK) would not be ready if Russia attacked British territory or that of Nato allies. Since 1949, the government has pledged to defend the North Atlantic Treaty Organisation alliance. Although one nuclear-armed peer is unlikely to attack another, the [...]
BP pushes forward with North Sea oil and gas project April 21, 2022 BP has submitted its environmental statement for the Murlach project to the energy regulators, as it pushes ahead with plans to develop the site.
Russia claims victory in Mariupol despite remaining Ukraine troops April 21, 2022 Russia has claimed victory in the key port city of Mariupol after an almost two-month long attack, despite an estimated 2,000 Ukrainian troops still holding firm in a steel plant. Russian defence minister Sergei Shoigu today said it would take “three to four days” to defeat the final Ukrainian troops at the Azovstal steel plant, [...]
New wave of UK sanctions targets Russia’s war machine April 21, 2022 Vladimir Putin’s war leaders have become the latest target of UK sanctions. 26 individuals have been hit with restrictions in wake of Russia’s renewed assault on the eastern Ukrainian regions of Donetsk and Lushank. Among those targeted are Lt Colonel Azatbek Omurbekov, a Commanding Officer in the Russian Army with involvement in the ‘Bucha massacre’. [...]
Shell in talks with Chinese state-backed firms as it looks to offload Russian energy stakes April 21, 2022 Shell has turned to China, as the energy giant looks to offload its chunky stake in a major Russian gas project.