Category: Commodities

EU urges member states to slash gas use by 15% to counter ‘Russian blackmail’

Call for voluntary cut until March 2023 with binding reduction targets possible when Moscow ‘likely’ halts suppliesThe European Union’s executive body has urged member states to slash their gas consumption by 15%, as it warned that a complete shutdown …

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EU urges member states to slash gas use by 15% to counter ‘Russian blackmail’

Call for voluntary cut until March 2023 with binding reduction targets possible when Moscow ‘likely’ halts suppliesThe European Union’s executive body has urged member states to slash their gas consumption by 15%, as it warned that a complete shutdown …

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EU plans ‘massive’ increase in green energy to help end reliance on Russia

European Commission says extra €210bn needed over next five years to pay for phasing out of Russian fossil fuelsThe EU plans a “massive” increase in solar and wind power, and a short-term boost for coal, to rid itself of its reliance on Russian oil and…

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Climate chaos certain if oil and gas mega-projects go ahead, warns IEA chief

Fatih Birol says ‘carbon bombs’, revealed in Guardian investigation, will not solve global energy crisisThe world’s leading energy economist has warned against investing in large new oil and gas developments, which would have little impact on the curre…

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Russia’s economy is under siege, but will the west break first?

Sanctions will take time and ‘Ukraine fatigue’ could blunt west’s resolve as cost of living crisis deepensRussia-Ukraine war – liveVisa and Mastercard to suspend operations in RussiaIt must have looked so simple for Vladimir Putin. Given his military s…

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Russia’s economy is under siege, but will the west break first? | Larry Elliott

Sanctions will take time and ‘Ukraine fatigue’ could blunt west’s resolve as cost of living crisis deepensRussia-Ukraine war – liveIt must have looked so simple for Vladimir Putin. Given his military superiority, a lightning strike by Russian forces wo…

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Russia’s economy is under siege, but will the west break first? | Larry Elliott

Sanctions will take time and ‘Ukraine fatigue’ could blunt west’s resolve as cost of living crisis deepensRussia-Ukraine war – liveIt must have looked so simple for Vladimir Putin. Given his military superiority, a lightning strike by Russian forces wo…

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Russia’s economy is under siege, but will the west break first? | Larry Elliott

Sanctions will take time and ‘Ukraine fatigue’ could blunt west’s resolve as cost of living crisis deepensRussia-Ukraine war – liveIt must have looked so simple for Vladimir Putin. Given his military superiority, a lightning strike by Russian forces wo…

Read more

Russia’s economy is under siege, but will the west break first? | Larry Elliott

Sanctions will take time and ‘Ukraine fatigue’ could blunt west’s resolve as cost of living crisis deepensRussia-Ukraine war – liveIt must have looked so simple for Vladimir Putin. Given his military superiority, a lightning strike by Russian forces wo…

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Facts give lie to claim record oil money is being poured into green projects

Analysis: Little of record profits going to UK taxpayers as fossil firms claim cash is needed for move to low carbonThe chief financial officer of the oil and gas company BP, Murray Auchincloss, told investors this week: “It’s possible that we’re getti…

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