Russian Crude Shipments Shrink 25% in Just One Week
Seaborne flows of Russian crude oil declined by a quarter in the seven days to April 15. Volumes heading to Asia from ports on the Black Sea, Baltic and Arctic Continue Reading
European Gas Rises on Ruble Concerns, Norwegian Maintenance
European natural gas futures rose amid lower flows from Russia and Norway, the continent’s largest suppliers. Russian shipments via Ukraine were expected to be below capacity on Wednesday, after orders Continue Reading
Russia’s Chernobyl seizure seen as nuclear risk ‘nightmare’
Here in the dirt of one of the world’s most radioactive places, Russian soldiers dug trenches. Ukrainian officials worry they were, in effect, digging their own graves. Thousands of tanks Continue Reading
Protests Hit Lloyd’s of London HQ Over Fossil Fuel Insurance
Climate change protesters in London have targeted insurance underwriting house Lloyd’s of London for its role in enabling fossil fuel projects. The City of London Police said they were aware Continue Reading
Almost 200,000 workers in Russia still on western payrolls
Multinational companies continue to pay almost 200,000 employees based in Russia despite pledges to suspend or end activities in the country, raising fears of mass sackings or nationalisations as hopes Continue Reading
In Iran, Russia’s war on Ukraine is a political flash point
During its 1979 Islamic Revolution, Iran embraced the protest cry of “neither East nor West,” rejecting both the U.S. and the Soviet Union, then locked in the Cold War. The Continue Reading
India eyes Russian coal offered at steep discounted price amid domestic shortage
Few cargoes of Russian coal traded to India: sources Russian 5,500 kcal/kg NAR FOB at $60/mt discount to Newcastle coal Indian stockpiles dwindling, sufficient for 8 days of burn Payment Continue Reading
U.S. Has Provided Most Financial Support to Ukraine
The U.S. has provided the equivalent of 7.6 billion euros ($8.2 billion) to Ukraine since the outbreak of war, making it the country’s biggest supporter, according to the Kiel Institute Continue Reading
An EU embargo on Russian oil in the works – French minister
French Finance Minister Bruno Le Maire said on Tuesday that an embargo on Russian oil at a European Union level was in the works, adding that France’s President Emmanuel Macron Continue Reading
Rolls-Royce expecting UK approval for mini nuclear reactor by mid-2024
A Rolls-Royce (RR.L) design for a small modular nuclear reactor (SMR) will likely receive UK regulatory approval by mid-2024 and be able to produce grid power by 2029, Paul Stein, Continue Reading