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Energy

  • Russia’s rouble demands slammed by steel baron Vladimir Lisin

    April 5, 2022

    Russia's plans to demand roubles for exports will undermine the country's position on global markets, argued steel baron Vladimir Lisin.

  • Government paves way to end fracking moratorium with new survey

    April 5, 2022

    The government has announced a survey into fracking ahead of the unveiling of its long-awaited energy strategy.

  • Zinc prices rally amid reduced output and soaring energy prices

    April 5, 2022

    Zinc prices have skyrocketed again amid fears of reduced output in already tight markets, rising to $4,470 per tonne.

  • Repsol and Ørsted team up to explore Spanish offshore wind developments

    April 5, 2022

    Energy firms Repsol and Ørsted have joined forces to develop Spanish offshore wind, with the market closing in on commercialisation.

  • 10m British pensions at BlackRock ‘helped’ Putin’s invasion of Ukraine via £1bn in oil energy dividends

    April 5, 2022

    Fund manager BlackRock – which oversees 10 million British pensions – has helped Putin build his war chest by investing heavily in Russia’s biggest companies, the Bureau of Investigative Journalism told Morning Wire this morning. While those investments have strengthened Putin, they have also generated a fortune for BlackRock’s clients, the group said. Since 2014, [...]

  • MPs question why promised security review into sale of UK semiconductor giant to Chinese company is not happening

    April 5, 2022

    The takeover of a hi-tech British company to a Chinese-owned firm has allegedly “not begun”, MPs have said as they question why it is taking the government so long. Prime Minister Boris Johnson last year asked national security adviser Sir Stephen Lovegrove to examine the purchase of Newport Wafer Fab by Nexperia for a reported [...]

  • Germany resists EU ban on Russian gas as it continues to be Putin’s customer: ‘We would inflict damage on ourselves’

    April 5, 2022

    Germany has rejected calls for an EU embargo on Russian gas imports, despite mounting civilian deaths in Ukraine.

  • Solar power pipeline exceeds onshore wind

    April 4, 2022

    The number of solar power development plans has massively outstripped proposed onshore wind sites over the past two years.

  • ExxonMobil suspends Russian LNG project

    April 4, 2022

    ExxonMobil (Exxon) has suspended its Far East liquefied natural gas project (LNG) in Russia - putting the development into doubt.

  • Britain must build a green economy to ‘eliminate Russian fuel from our energy mix once and for all’

    April 4, 2022

    Britain must build its green economy to “eliminate Russian fuel from our energy mix once and for all”, the International Trade Secretary is to argue today. Speaking during a visit to Norway, Anne-Marie Trevelyan will say the UK must first use its relationships with “reliable energy partners” to “meet our needs, protect our supply chains, [...]

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