Kwarteng: UK aims to ‘drive down’ amount of gas being taken from Russia
Even the “tiny fraction” of gas that the UK takes from Russia is “too much”, business secretary Kwasi Kwarteng has said.
Vladmir Putin
Escalating Moscow-Western tensions speed up Russia’s energy pivot to China
The Ukraine crisis has pushed Moscow and Beijing closer together as Russia and China jointly push back against US dominance.
Update: Energy prices surge on Ukraine with oil closing In on $100
Energy prices surged after Russian President Vladimir Putin signed an order to send what he called “peacekeeping forces” to the two breakaway areas of Ukraine that he officially recognized on Monday.
Russia declares state of emergency over Arctic Circle oil spill
Russia declared a federal state of emergency in the Krasnoyarsk region as pollution from a diesel spill in the Arctic city of Norilsk drew comparisons with the Exxon Valdez accident off Alaska in 1989.
Russian oil set to lose billions in ship-fuel overhaul
Russia is set to suffer the biggest revenue losses from rules mandating cleaner marine fuels from 2020, because the world’s top exporter of the sulfurous residual oil that powers ships doesn’t look prepared for the change.