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Russia’s invasion of Ukraine, which is having devastating human consequences, has increased the risk of a stagflation environment – one of slowing economic growth but…
Saudi Arabia’s sovereign wealth fund is reportedly looking into ways to monetise its around $90 billion (£66.7 billion) stake in Aramco, the world’s largest oil…
Commodities such as aluminum, nickel, and zinc have boomed following Russia’s invasion of Ukraine, which has exacerbated long-standing fears of supply shortages and rising energy…
Rio Tinto has paid out a monster $16.8bn (£12.4bn) dividend to shareholders, the second biggest in the history of the FTSE 100, after it rebounded…
Gold prices have rebounded this month, with the precious metal glittering in the gloom amid escalating tensions between Russia and the West. The commodity has…
Whoop Energy and XCel Power have ceased trading – affecting around 550 customers. Consumers from both energy firms will be designated a new supplier by…
The US investigation into Tesla’s malfunctions shows no sign of easing, as the agency in charge of vehicle safety evaluated today 416,000 cars over braking…
Gas prices have recovered from a mini-slump this month after flows in the Yamal-Europe pipeline were halted in both directions. UK Natural Gas prices have…
2021 was a dismal year for the UK automotive industry, as output fell 6.7 percent to less than 860,000 units – the lowest since 1956. …
Tesla enjoyed an upbeat fourth quarter, as its revenue exceeded analyst estimates by more than $1bn. The car manufacturer, which specializes in electric vehicles (EVs),…
OANDA’s senior analyst Craig Erlam has told City A.M. that oil prices could reach $100 per barrel during the first quarter, following intense rallies over…
Gas prices have slumped despite seemingly favorable geopolitical trends such as increased tensions between Russia and Ukraine, delays in the Nord Stream 2 pipeline, and…
ScotWind has raised £700m from an auction of seabed plots for a series of offshore wind projects, boosting the country’s net-zero ambitions. Seventeen projects have…
A wave of concern over the swelling cost of living is sweeping across Britain. While households are bracing for higher tax bills and are already…
Elon Musk has urged that there is room for “tens of billions” of satellites in Earth’s orbit, amid concerns that SpaceX is hoarding space for…
The international mining industry is facing arguably “its most important decade” as the world starts the transition from fossil fuels to renewable energy, the CEO…
Trade Association Energy UK – which represents over 100 members – has described record wholesale gas and power prices as a “market-wide crisis” and has…
The International Energy Agency has called on China and India to reduce coal power generation and put their climate pledges into action, describing both countries…
UK gas prices surged to an all-time high of 350p per therm on Thursday, up 520 percent year-to-date amid soaring demand and continued supply concerns…
The pace of Gazprom’s natural gas exports’ growth to Europe has slowed in recent months to just under five percent, according to data published by…