Spotting an opportunity: Nigeria exploits anti-Moscow sentiment as oil giant offers to replace Russian gas in UK and Europe March 28, 2022 Nigeria has said it is ready and prepared to provide the UK and Europe with much more gas than it currently does in order to offer an alternative to Russian gas, according to a government minister. Nigeria’s Minister of State for Petroleum Resources, Timipre Sylva, told various media cross Africa his country is ready to [...]
Pantheon Infrastructure invests £40m in UK gas infrastructure March 28, 2022 Pantheon Infrastructure (PINT) will invest £40m in the UK's gas transmission and metering business alongside Macquarie.
National Grid’s £4.2bn gas sell-off to Macquarie comes under fire from Vince Cable March 28, 2022 Former business secretary Vince Cable has criticised National Grid's decision to sell a 60 per cent stake in NGG to Macquarie.
US reaches deal with EU to boost LNG supplies March 24, 2022 The US is expected to supply the EU with 15bn cubic metres of liquefied natural gas by the end of the year to reduce dependence on Russia.
Shell announces plans to invest £25bn in UK energy March 24, 2022 Shell will invest up to £25bn in the country's energy system over the next decade, according to UK country chair David Bunch.
Boris Johnson calls for wind and nuclear ramp up ahead of energy strategy announcement March 24, 2022 Prime Minister Boris Johnson has revealed the UK's new energy strategy will expand domestic nuclear and offshore wind capacity.
Oil prices rally as Caspian pipeline problems escalate supply worries March 23, 2022 Prices on both major benchmarks jumped over five per cent amid escalating supply shortage fears following pipeline disruption.
Putin pushes for rouble payments causing gas prices to spike March 23, 2022 Russia will seek payment in roubles for gas sales from “unfriendly” countries revealed President Vladimir Putin today.
Office for Budget Responsibility warns household energy bills could double this year March 23, 2022 Energy bills could spike 40 per cent this winter, warned the OBR, placing further pressure on cash-strapped households.
European energy firms dithering over Russia departure March 23, 2022 European companies are dithering over departing from Russia - with key assets and supply deals in the sanction hit country.