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A number of companies say they will continue to pay their employees and keep up leases, but is it sustainable?

India’s minimal dependence on Russian crude means that the South Asian oil buyer can weather any potential supply disruption from Russia, but surging oil prices are starting to put a huge amount of upward pressure on import bills and inflation. However, analysts said Indian buyers are increasingly becoming cautious about shipment logistics and delays of ...

Russia moved on Jan. 24 to assert that it remains a “reliable guarantor of European energy security”, a day after the US and UK governments began withdrawing embassy staff from Kiev amid concerns that Ukraine — a key transit hub for oil and gas — could be invaded. “Russia was a reliable guarantor of European ...

6 hours Aramco To Sell Pipeline Stake To EIG For $12 Billion 7 hours Uganda, Tanzania Seal $3.5-Bln Oil Pipeline Deal 3 days North Dakota Oil Pipeline Prevails Over Environmentalists 3 days Iran Says It Will Return To Nuclear Compliance After U.S. Lifts Oil Sanctions 3 days China Sets World Record For Deep-Sea Drilling In Disputed South China Sea 3 days Total’s $5-Billion Uganda Project Set For Imminent Go-Ahead 3 days Democrats Propose $8 Billion Bill To Clean Up Abandoned Wells ...

Europe lagging in battery metals production – report VW’s Salzgitter plant Image courtesy of Volkswagen A report on battery metals produced by Aperio Intelligence on behalf of Eurobattery Minerals forecasts a considerable increase in raw materials demand for Europe’s e-mobility sector by 2025, which is unlikely to be met by local producers. According to the document, Europe produced around 750,000 EVs in 2019, a total that is set to rise to more than 4 million in 2025. This equates to an increase from 4% of market share in 2019 to 22% market share in 2025.  Sign Up for the Battery Met...