Articles - The Moscow Times

Our journalism is banned in Russia. We need your help to keep providing you with the truth.

Contribute today

Hungary Welcomes Russia Crude Supply Deal After Ukraine Halts Lukoil Transit

Hungarian energy company MOL said it reached a deal ensuring the continued supply of Russian oil via a pipeline running through Ukraine.

India Overtakes China as Russia’s Top Oil Importer in July – Reuters

Russian crude exports to India last month reached a record 2.07 million barrels per day compared with 1.76 million to China.

Ukrainian Drones Spark Fuel Fire in South Russia

Ukrainian drones attacked an oil storage facility in Russia's southern Rostov region early Sunday morning, the local governor said.

Is the Western Quest to Strangle Russia’s ‘Shadow Fleet’ Doomed to Fail?

Over two years into the invasion of Ukraine, sanctioning Russia's energy sector — the Kremlin's main cash cow — remains an elusive task for the Western...

Western Insurers Provide Cover for Russian Crude Tankers – Reuters

At least five companies provided insurance to 10 tankers that sailed from Russia to Asia this year, including two carrying Rosneft oil.

Indonesia Seeks to Buy Russian Oil for the First Time in Decade – Reuters

State-owned oil and natural gas corporation Pertamina added two Russian oil grades alongside others to its tender lists for purchase in September.

Ukrainian Sanctions Halt Lukoil Deliveries to Slovakia, Hungary – Reports

Sanctions signed by Zelensky have effectively banned Russia’s second-largest oil producer Lukoil from using Ukraine as a transit hub.

Russian Oil and Gas Revenues Surge in June – Reuters

The estimated 812 billion rubles in revenues would mark a more than 50% year-on-year increase — up from 529 billion rubles in June 2023.

Russian Refinery Halts Operation After Drone Strike

The Slavyansk-on-Kuban refinery is one of the biggest in southern Russia.

Russia to Cut Oil Output by 471,000 Bpd in 2Q24

Deputy Prime Minister Alexander Novak said Moscow will reduce its output by 350,000 bpd in April, 400,000 bpd in May and 471,000 bpd in June.

Bulgaria Ends Russian Oil Imports

Bulgaria is historically close to Moscow and was almost entirely dependent on Russian oil and gas imports before Moscow's full-scale invasion.

Russia to Ban Gasoline Exports for 6 Months

The Russian government previously imposed “temporary restrictions” on gasoline and diesel exports late last year to tackle surging prices.

U.K. Lawmakers Warn Russia Skirting Oil Sanctions With 'Shadow' Tankers

Initially successful, the $60 per barrel price ceiling on Russian oil lost its impact once Moscow found new buyers and tankers to deliver its exports.

Russia Says Redirected Most Oil Exports to China, India

Western sanctions including a European Union embargo on its seaborne oil deliveries have forced Russia to direct its exports to other markets.

Russia's Monthly Income From Oil Exports Surpasses Pre-War Levels – Bloomberg

Despite the G7 price cap, Moscow's net oil revenues almost doubled between April and October, totaling $11.3 billion for that month.

Almost No Russian Oil Sold Below G7 Price Cap – FT

An unnamed senior European official told FT that G7 countries and their allies would need to "toughen up" on sanctions against Russia.

Poland Restores Druzhba Pipeline After Leak Discovery

Polish operators halted pumping through a section of the pipeline late Saturday after they discovered a leak at one of its sections.

Russian Oil Exports to China Hit New All-Time Record

Russia exported 10.5 million tons of crude oil to China in June, breaking the previous record of 9.71 million tons set in May.

Russia to Cut Oil Exports in August

Moscow's announcement of a voluntary oil export cut by 500,000 barrels per day builds on production cuts announced earlier this year.

China’s Russian Oil Imports Highest Since Ukraine Invasion

Customs data shows that imports of Russian crude by China have almost doubled since Moscow invaded its neighbor last year.

View more articles