The head of one of the world’s leading energy trading firms, Gunvor, has resigned and sold his controlling shareholding to company staff, following mounting scrutiny over connections to Russia. Torbjörn
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Oil prices are heading towards their lowest point in two decades aside from the pandemic downturn, according to forecasts from JP Morgan. The bank projects the price of Brent crude
BP is pursuing damages exceeding £1 billion following a significant arbitration victory against the American liquefied natural gas (LNG) producer Venture Global. The case centres on claims that Venture Global
Despite the rising tensions in the region, Japan’s largest city gas supplier, Tokyo Gas, is not affected by the ongoing conflict in the Middle East. The company’s supply of super-chilled
British gas plants are positioned to receive substantial windfall payments this winter, following a pattern of multimillion-pound payouts from the previous cold season. The National Energy System Operator (NESO) reports
The global energy landscape stands poised for a significant transformation as prospects of peace between Russia and Ukraine emerge, potentially reshaping market dynamics in favour of US interests. The anticipated
Global financial markets are closely monitoring developments from China following significant advancements in nuclear fusion technology. The breakthrough has triggered widespread concern amongst Western governments and institutional investors, highlighting growing
European Union companies find themselves in a precarious position as Donald Trump threatens trade tariffs unless the bloc increases its purchases of American oil and gas. Despite Brussels expressing willingness
US liquefied natural gas giant Venture Global is positioning itself for a remarkable public debut, targeting a staggering $110bn valuation. The company’s ambitious IPO plans include offering 50 million shares
Brussels has issued guidance to EU member states advising against granting the UK expanded access to the bloc’s electricity markets, despite warnings from industry leaders that this stance could result
European gas prices soared to their highest levels in a year on Thursday following Austrian energy giant OMV’s warning of potential supply disruptions from Russia. The European benchmark TTF futures
