Oil prices dip below $100 per barrel following IEA pledge to flood markets April 7, 2022 Oil prices dropped below $100 on both major benchmarks today - with markets weighed down by pledges from the IEA to boost supplies.
As we loosen Russia’s grip on energy, we mustn’t hand the reins to Beijing April 7, 2022 As the much delayed energy strategy is set to come out today, one thing is clear: the rhetoric has been centered around the need to phase out Russian oil and gas, and increase British self-reliance. Reaching both of these aims won’t be possible in the short-run, as an energy revolution of such Herculean proportions takes [...]
British embassy guard facing nine charges of spying for Russia under official secrets act April 7, 2022 A British man who was an embassy guard in Germany is facing nine charges under the Official Secrets Act, accused of spying for Russia. David Ballantyne was extradited from Germany, where he was living in Potsdam and working as a security guard. The 57-year-old will appear at Westminster Magistrates Court today, over alleged offences committed [...]
Aircraft lessors see ‘horrendous’ hike in insurance costs April 7, 2022 Lessors are already seeing a “horrendous” hike in insurance costs as the Kremlin’s retaliation against Western sanctions start to bite, said BOC Aviation’s boss Robert Martin. “Because there are going to be huge claims on these insurances this year for confiscation or theft if the aircraft aren’t given back, this will then have a knock [...]
Bitcoin could minimise the threat of nuclear war April 7, 2022 Bitcoin is the 'weapon' that prevents attackers from denying people access to their property without resulting in war, says Chris Kacher.
Days after comparison to ‘negotiating with Hitler’, Macron’s dialogue with Putin is ‘splitting Nato’ April 7, 2022 Days after Poland accused France’s president of “negotiating with Hitler” by speaking to Vladimir Putin, France has now been accused of “splitting Nato” with its continued attempts to talk with Russia. Its president Emmanuelle Macron has been keeping an open dialogue with Moscow’s leader, along with Germany. Putin has been accused of war crimes, a [...]
EU to delay coal ban amid pressure from Germany April 7, 2022 The EU will ban Russian coal a month later than planned amid pressure from Germany to delay the restrictions.
UK Energy Strategy: Experts weigh in on plans to transform the domestic energy sector April 7, 2022 Analysts and experts assess the state of the UK's energy sector with the government announcing plans to boost domestic production.
Nikita Mazepin: I lost my seat in Formula 1 because of ‘cancel culture against Russia’ April 7, 2022 Russian motor racing driver Nikita Mazepin says he is a victim of “cancel culture” following his sacking by Formula 1 team Haas. Mazepin lost his seat at the US outfit on the eve of the 2022 season when Haas cut all ties with Russia in the wake of its invasion of Ukraine. Haas’s main sponsor [...]
Shell to weather up to $5bn hit from Russia write downs April 7, 2022 Energy giant Shell said it could weather a $5bn hit in the first quarter after its decision to cut ties with Russia following its invasion of Ukraine.