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Articles with tag "Oil"

Lukoil Seeks Tax Relief as Oil Discounts Deepen – Izvestia

Russian crude is trading at a discount of nearly 50% to global benchmarks.

France Seizes Russia-Linked Oil Tanker in Mediterranean Sea

Emmanuel Macron said the ship was suspected of being part of a “shadow fleet” of oil tankers transporting Russian oil.
2 Min read

Gazprom Neft Provisionally Agrees to Sell Stake in Serbian Oil Firm

The pending sale agreement will now be submitted to the U.S. government for approval, as the company seeks to avoid another sanctions-related shutdown...
2 Min read

Drone Hits Tanker Scheduled to Load Kazakh Oil at Russian Port

Ukraine has targeted the Caspian Pipeline Consortium (CPC) terminal in southern Russia multiple times throughout the war.
2 Min read

Moscow Says U.S. Released 2 Russian Crew From Seized Tanker

The two Russian crew members from the seized Marinera tanker were released at Moscow's request, the Foreign Ministry said.
1 Min read

Russia Accuses U.S. of Stoking 'Military-Political Tension' With Tanker Seizure

In a statement, Moscow said the ship was sailing "in accordance to the norms of international law."
2 Min read

U.S. Seizes Russia-Linked Oil Tanker Chased to North Atlantic

Washington says the tanker is part of a shadow fleet that carries oil for countries such as Venezuela, Russia and Iran.
3 Min read

U.S. Seizes Russia-Flagged Oil Tanker: What We Know

The incident marks a rare open confrontation between Washington and Moscow in the second Trump presidency.
3 Min read

India’s Russian Oil Imports Set to Fall to Lowest Level Since 2022 – Bloomberg

Levels could rise again in January as India’s largest refinery resumes deliveries.
1 Min read

Russia Faces Growing Oil Glut as Cargos Linger Offshore – Bloomberg

While Russia's seaborne shipments are rising, much of the oil being shipped is not reaching end buyers.
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Russian Oil Producers Feel Increasing Strain as U.S. Sanctions Push Prices to Pandemic Lows

Producers are struggling to cover capital expenditures at several fields at current Urals crude prices, sources at Russian oil companies told Reuters.
2 Min read

Russian Oil Prices Sink Below $35 Per Barrel

The price of Urals crude shipped from the Black Sea port of Novorossiysk fell to $34.52 per barrel as of Dec. 16, roughly half the level at the start of...
2 Min read

U.K. Targets Tatneft in Latest Update to Sanctions Against Russia

The latest measures include six oil and gas companies, among them Tatneft, Russneft and NNK-Oil, as well as seven trading firms and four chemical companies...
1 Min read

Russian Oil Prices Fall to Lowest Level Since Ukraine Invasion – Bloomberg

The average discount on Urals relative to Brent crude reached $25.80 per barrel, approaching historical records.
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Putin Pledges Steady Oil Supplies to India as He Meets Modi in New Delhi

The two leaders met on Friday for a summit focused on energy, defense and trade.
2 Min read

U.S. Suspends Some Sanctions on Russian Oil Giant Lukoil

The decision partially suspends the measures decided in October by U.S. President Donald Trump.
1 Min read
opinion Tatyana Rybakova

Russia May Have Won a Company, But Lost a Friend in Serbia

With the situation around NIS, Russia exploited its power so bluntly that the trust of ordinary Serbs is likely lost forever.
4 Min read

Russia’s Oil and Gas Revenues Fall 34% Year-on-Year in November

The data underscores mounting pressure on the federal budget from a combination of sanctions, weak crude prices and a strong ruble.
2 Min read

Ukraine Struck Druzhba Pipeline for Fifth Time This Year, Intelligence Sources Say

Hungary and Slovakia, which both rely on the pipeline from Russia, reported that oil supplies were flowing normally on Wednesday.
1 Min read

Third Tanker Carrying Russian Oil Hit by Explosions

The incident near Dakar, Senegal marks the third case involving tankers transporting Russian fuel since last week.
1 Min read
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