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Russia is prepared to send any supplies rejected by European countries to other regions such as Asia, if the European Union (EU) brings in an…
Insurers are now suffering 3.6 times more losses from natural catastrophes than they were three decades ago, according to new research, which suggests insurance companies…
Russia’s invasion of Ukraine is generating fresh headwinds that will choke the European economy, reveal official forecasts published today. Surging energy prices caused by concerns…
The Government’s ambitious nuclear power push may initially increase energy bills, the Business Secretary has warned. Kwasi Kwarteng said the plan to build new power…
Siemens is set to face a €600m (£512m) hit in the second quarter after announcing its full exit from the Russian market after 170 years.…
Tesco chairman John Allan has joined calls for energy giants to be slapped with a windfall tax to ease the pressure on households suffering the…
High gas prices will persist for the next three years, warned investment bank Stifel, as millions of households struggle with the cost of living crisis.…
Russian energy giant Rosneft has been hit by a major cyberattack, according to various news reports in Germany. Germany’s Federal Office for Information Security, the…
Oil prices have risen for a fourth consecutive day with concerns over Russian supply disruptions trumping reduced demand expectations in China. Brent Crude climbed 1.7…
French energy giant TotalEnergies (Total) has taken a $4.1 billion hit following it withdrawal from a Russian liquiefied natural gas (LNG) project in the Arctic.…
The world’s supply of advanced batteries, critical for electric cars, could be shifting West, say, analysts, as production grinds to a halt in Asia. China’s…
D-Orbit has cut a deal with Beyond Gravity to deliver critical tools and structural components for the European Space Agency’s (ESA) reusable spacecraft. Satellite launch…
Crypto mining could enable sanctioned nations to evade punitive restrictions researchers the International Monetary Fund said. Sanctioned nations could monetize domestic energy supplies, which cannot…
The UK will have enough gas to meet demand this summer and could sell more supplies to Europe due to low storage levels on the…
As the much-delayed energy strategy is set to come out today, one thing is clear: the rhetoric has been centered around the need to phase…
As NATO foreign ministers met in the Belgian capital of Brussels to hear the demands from Ukraine for more equipment, they agreed to arm Kyiv…
The crown jewel of energy production, nuclear fusion using a projectile, may have been cracked in a major scientific breakthrough by a start-up in Oxford.…
Gold markets have stabilized following three weeks of decline, recording an uptick of 0.36 percent despite upcoming interest rate hikes being priced into the market.…
The UK fracking industry has been given a reprieve by the North Sea Transition Authority (NSTA), which has lifted an order requiring Cuadrilla to plug…
The Dutch government will advise citizens and businesses to use less gas but has stopped short of activating emergency energy plans. Earlier today, Germany declared…