Gas prices rise amid Yamal-Europe pipeline turbulence and Ukraine tensions February 2, 2022 Gas prices have recovered from a mini-slump this month after flows in the Yamal-Europe pipeline were halted in both directions.
Total Energies teams up with Chinese oiler to invest $10bn in Uganda and Tanzania February 2, 2022 Total Energies and CNOC have brokered a deal with Uganda and Tanzania to invest more than $10bn in developing crude oil production in East Africa.
Ofgem to unveil new price for household energy bills tomorrow February 2, 2022 Market regulator Ofgem is set to announce the latest adjustment to the price cap tomorrow, amid fears of household bills rising 50 per cent.
EU emissions trading rises to record highs in volatile energy market February 2, 2022 Prices in European Union (EU) emissions trading have reached record highs amid increased demand for allowances, and fears of gas supply shortages as tensions fester between Russia and the West over the future of Ukraine. The EU Emissions Trading Schemes recorded prices just shy of €93 per ton this morning. Demand for electricity across the [...]
Volatile energy prices set to continue into the next decade February 1, 2022 The conditions for volatile wholesale energy prices could continue into the next decade, argues energy specialist Cornwall Insight.
Why the world’s whisky fans can’t get enough of Scotch February 1, 2022 | Sponsored Scottish whisky is selling fast in every corner of the globe as drinkers and collectors embrace the ‘wee dram’. In fact, in 2020, 36 bottles of Scotch were shipped every second to 166 global markets, totalling 1.1bn a year. Emerging Asian consumers are spending more than ever on Scotch, with Singapore and Taiwan now ranking [...]
Shell: What to expect from the energy giant’s upcoming fourth-quarter results January 31, 2022 Shell is set provide investors with a key update on its massive $7bn share buyback scheme during its fourth-quarter results later this week.
FTSE 100 loses one of its biggest components as mining giant BHP bows out January 31, 2022 The FTSE 100 lost one of its biggest components on Monday as miner BHP was removed from the index, after deciding to unify its dual-listed structure into one entity in Sydney. The business’s size was only eclipsed by AstraZeneca and Shell among its peers in London. Its primary listing moved to Australia, ending a decades-long [...]
Gold under pressure amid interest rate hike concerns January 31, 2022 Gold prices chalked up its biggest weekly loss last week since September, with the Federal Reserve finally set to hike interest rates.
Mining giant Anglo Pacific names new CEO amid shift away from coal January 31, 2022 Mining company Anglo Pacific has said company veteran Marc Bishop Lafleche will succeed Julian Treger as its new CEO. Bishop Lafleche, who currently serves as Anglo Pacific’s Chief Investment Officer, will take over the firm in April of this year. Former Citi banker, Bishop Lafleche, first joined Anglo Pacific in 2014 as the company’s investment [...]
