Netherlands stops short of emergency gas plans amid supply shortage fears March 30, 2022 The Dutch government will advise citizens and businesses to use less gas but has stopped short of activating emergency energy plans.
Germany raises prospect of power rationing with emergency gas plans March 30, 2022 Germany has triggered emergency plans to manage gas supplies following the Kremlin's demand for contracts to be paid in roubles.
Energy analysts welcome renewable plans but warn support for households still needed March 30, 2022 Onshore wind will provide the UK with long-term energy security but won't resolve this winter's energy crisis, according to energy experts.
Russian promise to ‘drastically reduce hostilities’ may be bid to ‘deceive people and deflect attention’ March 30, 2022 Ukraine and the United States have cast major doubt on Russia’s reported promise to “drastically reduce hostilities”, with and secretary of state Antony Blinken warning it could be a bid to “deceive people and deflect attention”. Following “constructive” ceasefire negotiations held in Turkey between officials from the two warring sides, it has been reported that [...]
Russia refuses to back down from rouble demands March 29, 2022 The dispute over gas payments has become "a case of which side will blink first" argues Craig Erlam, senior markets analyst at OANDA.
Good Energy boss warns renewable ramp up will not ease this year’s cost of living crisis March 29, 2022 Profits and gross margins at renewable specialists Good Energy have taken a hit from the crisis, but its asset sale has steadied the ship.
Aircraft leasing market could oust Russia beyond Ukraine conflict, lessor says March 29, 2022 Russian airlines could be ousted from the aircraft leasing market well after the end of the Ukraine conflict, said today the world’s second-largest leasing company Avolon. According to the Dublin-based company’s chief executive Domhnal Slattery, the predominantly Irish leasing sector could oust Moscow following the Kremlin’s decision to re-register aircraft as part of its anti-sanctions [...]
Oil prices plummet as Russia-Ukraine peace talks show signs of promise March 29, 2022 Oil prices nosedived on Tuesday afternoon across both major benchmarks - extending losses from the previous day.
UK Government seizes Russian-owned £38m super yacht in Canary Wharf March 29, 2022 The UK seized a £38m Russian-owned super yacht in Canary Wharf, transport secretary Grant Shapps said today. Officers from the National Crime Agency issued a detention order after they uncovered the owner’s identity despite it being “deliberately well hidden.” Named Phi, the vessel was built in the Netherlands and carried a Maltese flag while the [...]
Polymetal weighs up Russian demerger after Ukraine invasion March 29, 2022 Polymetal International has confirmed it is "evaluating various options that could maximise shareholder value following a difficult trading period.