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Articles with tag "Oil"
West's New Oil Sanctions Aim to Tighten Screws on Russia
The West's latest wave of sanctions on Russian energy exports seeks to hit Moscow harder than its previous moves over the Ukraine war. An EU-wide ban on...
Russia Enacts Oil Sale Ban on Price Cap-Compliant Countries
Russia’s ban on oil exports to countries and companies that adhere to a Western price cap aiming to constrain the Kremlin’s energy revenues...
Russia to Ban Oil Exports to Countries With Price Cap
Russia issued a decree Tuesday to ban oil sales to countries and companies that comply with a price cap agreed by Western countries in response to Moscow's...
Moscow Warns of Ban on Oil Sales to Countries Joining Price Cap
A senior Russian official warned Friday that Moscow would ban oil sales to countries that join a Western price cap on the country’s crude. President...
Turkey Ends Tanker Dispute Linked to Russian Price Cap
Turkey said Tuesday it has cleared up a dispute linked to a Western price cap on Russian crude that had stalled the passage of tankers through the Bosphorus...
Dozens of Oil Tankers Stuck in Turkey Amid Russian Price Cap Fallout – Reports
Millions of barrels of oil on apparently non-Russian tankers were stuck in Turkish waters due to Ankara’s proof-of-insurance demands as part of a...
Russia's Rosneft Reports $889Mln Loss from Assets 'Transfer' in Germany
Russia's oil giant Rosneft said Wednesday its profit over the past nine months had been badly hit by the seizure of its German-based refineries by Berlin...
Russian Oil Price Cap Put to the Test
The price cap on Russian oil agreed by the EU, G7 and Australia came into force on Monday. It aims to restrict Russia's revenue as punishment for its invasion...
'analyzing' the move
Russia Denounces Oil Price Cap Agreed by EU, G7
Russia on Saturday denounced a $60 price cap on its oil agreed by the EU, G7 and Australia, even as Ukraine suggested it was not tough enough and...
Russian Oil Tanks Ignite Near Belarusian, Ukrainian Borders
Oil tanks near Russia's border with Belarus and Ukraine caught fire early Wednesday, local authorities said Wednesday. The oil tank fires come a day after ...
Putin Warns of 'Grave Consequences' to Oil Price Caps
Russian President Vladimir Putin warned that Western plans to introduce oil price caps could have "grave consequences" for energy markets, during a telephone...
Turkey Becomes New Route for Russian Oil to EU – Think Tank
Moscow's revenues from fossil fuel exports fell in October to their lowest levels since the Ukraine invasion, but Turkey has become a new route for Russian...
'sovereignty' of resources
Rosneft Head Sechin Slams EU’s Energy Price Cap
A Western cap on Russian energy prices destroys individual countries’ sovereignty and plays into the hands of the United States, Igor Sechin...
ExxonMobil Exits Russia With ‘Unilateral Termination’ of Sakhalin-1 Assets
American oil giant ExxonMobil has completed its exit from the Russian market after President Vladimir Putin ordered the expropriation of its assets, the...
Russia-Germany Oil Pipeline Partly Shut After Leak
The Druzhba oil pipeline linking Russia and Germany has been partly shut after a leak was discovered in Poland, the Polish PERN operator said on Wednesday...
Kremlin Says OPEC+ Cut Output to Stabilize Oil Markets
The Kremlin said Thursday that an OPEC+ decision to sharply cut production was designed to stabilize global oil markets, after Washington said the move...
source of income
Russia Boosts Oil Output Despite Western Pressure – Kommersant
Russia increased oil production in September as major Western countries debated energy price caps over Moscow’s invasion of Ukraine, the Kommersant...
Russia Threatens Oil and Gas Shut-Off as West Pursues Energy Price Caps
"It will be the same as with oil. There will be no Russian gas in Europe,” ex-president Dmitry Medvedev warned.
China’s Energy Imports From Russia Spike to $35B – Bloomberg
China continues to boost Russia’s war chest as other countries shun Russian goods over its invasion of Ukraine.
Russia’s Oil Output Falters After Summer Rebound
Oil production had previously seen several months of recovery from Western sanctions imposed over Russia’s war in Ukraine.
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