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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.

barrel trimming

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.

'No limits' partnership

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.

less competition

Russian Oilfield Service Sees Record Revenue in 2022 – Vedomosti

According to data, Russian oilfield services earned 1.79 trillion rubles ($22.2 billion) in 2022, the highest figure since at least 2018.

Russian Oil Exports Hit Post-Invasion High – IEA

Revenues in April were still 27% lower than the same month in 2022 despite the boosted volumes.

Attacks on Russian Oil Facilities Deal a Military, Psychological Blow to Moscow

Drone strikes create logistical problems for the Russian military and puncture a sense of security felt by Russians far from the frontlines.

economic damage

Russia’s Oil Export Revenues Fall One-Third Due to Western Price Cap – Study

European Union and G7 countries imposed a price cap on Russian oil products in response to the invasion of Ukraine.

Russian Oil Exports Hit Near 3-Year High in March Despite Revenue Drop

Russian oil exports jumped to their highest level in almost three years in March, according to the International Energy Agency.

Friends in need

Russia Begins Fuel Deliveries to Iran by Train – Reuters

In the face of international sanctions, Russia is now exporting fuel products to Iran by rail, Reuters reported on Tuesday.

Russia Forecasts $1.5Bln Shortage in Excess Oil and Gas Revenue

The Finance Ministry said it will sell 74.6 billion rubles ($940 million) worth of foreign currency to cover the expected shortage.

Russian Oil Product Exports Reach Record High Despite Embargo

Moscow has developed alternative routes for its deliveries following a Western embargo.

Russia Says OPEC+ Oil Production Cuts 'In Interests' of Energy Markets

The bloc of countries called the decision a "precautionary" move aimed at stabilizing global markets.

shifting market

Russian Oil Exports to India Surge 2,200% Following European Sanctions

Russia increased its oil sales to India by 2,200% in 2022 after sanctions ended exports to the European market.

sanctions adaptation

Russia to Extend Oil Production Cuts Until End of June

The production cuts, which amount to about 5% of daily output, were announced after Western countries announced new sanctions on Russian oil.

shrinking margin

Russian State Oil Giant Rosneft Profit Falls After Sanctions

Western powers have imposed a raft of sanctions against Russia, including a price cap on its crude, over the conflict in Ukraine.

Russia's Oil Revenue Sinks as Sanctions Bite – IEA

Russia, however, was still shipping "roughly the same" amount of oil to world markets, according to the IEA.

Russian Gas Exports Sink by 25% Despite Rise in Oil Sales

The European Union, once the largest buyer of Russian gas, drastically reduced its imports last year.

Russia to Slash Oil Output Over Western Price Cap

Russia announced Friday it will slash crude oil output by 5% next month after Western countries imposed a price cap over the Ukraine conflict. International...

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...

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