A growing number of European countries are cutting fuel taxes to lower surging pump petrol prices. The move brings respite to motorists but environmentalists say it flies in the face Continue Reading
The U.K. government should press ahead with its sanctions against Russia as they are inflicting pain on Vladimir Putin’s regime, but should also help lower income families cope with the Continue Reading
ING Groep NV (INGA.AS) will no longer finance new oil and gas projects, its energy chief said, one of the first major global banks to commit to such a step Continue Reading
Russian gas deliveries to Europe through the Nord Stream 1 pipeline across the Baltic Sea dipped slightly on Wednesday, while gas continued to flow eastwards from Germany into Poland along Continue Reading
Russian energy giant Gazprom (GAZP.MM) said on Wednesday it was continuing to supply natural gas to Europe via Ukraine in line with requests from European consumers. The company said requests Continue Reading
Hundreds of companies have said they are withdrawing or suspending operations in Russia after its invasion of Ukraine, from energy producer Shell Plc (SHEL.L) to carmaker Hyundai Motor Co (005380.KS) Continue Reading
Russia’s security policy dictates that the country would only use nuclear weapons if its very existence were threatened, Kremlin spokesman Dmitry Peskov told CNN in an interview on Tuesday. The Continue Reading
More than 3.5 million people have fled abroad from the war in Ukraine, United Nations data showed on Tuesday, leaving Eastern Europe scrambling to provide them with care, schools and Continue Reading
Hungary does not support any sanctions on Russian energy shipments as it would endanger Hungary’s energy security, foreign minister Peter Szijjarto said on Wednesday at the United Nations Human Rights Continue Reading
For decades, global finance firms eagerly catered to Russian firms, billionaires and the government. Then tanks started rolling into Ukraine. Citigroup Inc. , which has thousands of staff and billions Continue Reading
