Russia in flames in devastating blow to Putin as Ukrainian drones set oil depot on fire
A Ukrainian drone attack ignited a massive fire at an oil depot in Russia 's Smolensk region early Tuesday, authorities ...
Rigzone11d
USA Ramps Up Pressure on Russia With Fresh Energy Sanctions
The main target of the sanctions, done in coordination with the UK, are major Russian energy companies — Gazprom Neft and ...
India Ups Efforts To Seek Alternatives To Russian Oil
Following Russia's invasion of Ukraine in 2022, India became a major buyer of Russian crude oil that was widely sanctioned by ...
Crude prices jump as U.S. imposes sweeping sanctions against Russia oil industry
Oil prices jumped more than 4% on Friday, with global benchmark Brent breaking $80 per barrel for the first time since ...
Biden admin imposes harsh sanctions on Russian oil industry to cut off funding for Ukraine war effort
The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest ...
Shadow fleet of tankers keeps Russia’s oil money flowing despite Western sanctions
The Group of Seven democracies have sought to crimp Russia’s oil export earnings that help fund the war against Ukraine.
JD Supra1d
Outgoing Administration Issues Sweeping Russia Energy Sector Sanctions
On January 10, 2025, the US government issued the latest round of sanctions targeting Russia’s revenue sources used to fund its war in Ukraine.
Oil majors brace for falls in LNG revenues as prices stabilise
The Title Transfer Facility, the European gas benchmark often used for LNG contracts in the region, traded at a high of more than €300 per megawatt hour and a low of €65/MWh in 2022. In 2024, the ...