MakeUK, a manufacturing lobbyist, is warning that soaring energy prices could force manufacturers to halt operations. Skyrocketing energy bills and the wider cost-of-living crisis are squeezing plant owners. The rise Continue Reading
Russia’s Gazprom has shut down the Nord Stream 1 pipeline to Germany, claiming that it has been unable to repair the necessary equipment. Now, in a facility near the start Continue Reading
Truss Drafts Energy Plans to Aid UK Households, Businesses Incoming Prime Minister Liz Truss has drafted plans to fix annual electricity and gas bills for a typical UK household at Continue Reading
President Vladimir Putin said on Wednesday he wanted to discuss reopening a U.N.-brokered deal that allows Ukraine to export its grain via the Black Sea after accusing Kyiv and the Continue Reading
State energy giants Gazprom (GAZP.MM) and China National Petroleum Corporation (CNPC) signed several agreements on Tuesday, including on the use Russian roubles and Chinese yuan to pay for Russian natural Continue Reading
President Vladimir Putin said Russia will not supply crude oil, refined products or gas to any nations that introduce price caps on Russian commodities, describing such measures as “another stupidity.” Continue Reading
British Prime Minister Liz Truss holds her first cabinet meeting after taking office at Downing Street on September 07, 2022 in London, England. (Photo by Frank Augstein – Pool/Getty Images) Continue Reading
Germany is not convinced that a price cap on Russian gas imports would be a smart move, Politico has reported , citing a spokesman for the German economy ministry. “We Continue Reading
Italian Eni has vowed to fully replace Russian gas by 2025 thanks to major developing LNG projects from Africa to the Middle East and major discoveries in the Eastern Mediterranean. Continue Reading
‘This will be the department for growth’. Jacob Rees-Mogg has been appointed as the UK’s new Secretary of State for Business, Energy and Industrial Strategy, after Liz Truss became the Continue Reading
