Wednesday 22 Jan

UK

Gazprom downplays impact of new US sanctions
2025/01/12

Gazprom downplays impact of new US sanctions

Russian energy giant Gazprom has dismissed the latest round of US sanctions as ineffective, stating they will not disrupt its operations. The company condemned these...

Trump attacks Britain over new energy profits tax
2025/01/05

Trump attacks Britain over new energy profits tax

US President-elect Donald Trump criticized the UK's windfall tax on oil and gas producers in a social media post on Friday, adding to criticism launched...

European gas prices surge amidst Ukraine Transit Deal uncertainty
2024/12/24

European gas prices surge amidst Ukraine Transit Deal uncertainty

Natural gas prices in Europe have surged for the third consecutive day, fueled by anxieties surrounding the impending expiration of the crucial Russian-Ukrainian gas transit...

OPEC+ to hold virtual meeting this week
2024/11/26

OPEC+ to hold virtual meeting this week

The OPEC+ alliance, led by Saudi Arabia and Russia, is set to hold its scheduled meeting this week virtually. This marks the third consecutive online...

Brent crude climbs above $71 as oil prices rise slightly
2024/11/18

Brent crude climbs above $71 as oil prices rise slightly

Oil prices edged higher on Monday, but geopolitical tensions and weakening demand continue to tug the market in opposite directions. While escalating tensions between Russia...

Tourism Minister seeks to increase UK tourists
2024/11/09

Tourism Minister seeks to increase UK tourists

Minister of Tourism and Antiquities, Sherif Fathy, met with key airline executives in London to discuss strategies for increasing tourist arrivals from the UK market.

European gas prices surge on oil rally, weakening winds
2024/11/05

European gas prices surge on oil rally, weakening winds

European natural gas prices surged on Monday, driven by a combination of factors including rising oil prices, subdued weather conditions, and concerns over potential supply...