Discover the latest oil and gas news in Russia right here! Stay up-to-date on all the latest news about Russian oil and gas as it happens! We cover everything from major oil companies to fracking in this vast country.
Tag: Oil and Gas News in Russia
As Russia Gas Supply Dwindles, 2023 May Be Rough For EU...
The International Energy Agency has said that Europe is “not out of the danger zone yet”, warning that 2023 may present a “sterner...
2023: OPEC+ Will Focus On Reducing Market Volatility, While Achieving Stability
Saudi Arabian energy minister, Prince Abdulaziz bin Salman has said that OPEC+, the alliance of 23 oil-producing countries, aims at reducing market fluctuations, and...
Putin Considers Slashing Russia’s Oil Production
...Calls oil cap ‘stupid.’
Reports last Friday quoted Russian president, Vladimir Putin suggesting that his country may be considering slashing its oil production in response...
Russia’s Oil Exports Nosedive Following Price Cap
Russian crude-oil exports have taken a serious hit since new sanctions and a price cap came into force earlier in the week, with the...
EU Prepares Sanctions Against Russia’s Mining Sector
…In a monumental push to cripple Russia's wartime economy
Shortly, the executive arm of the European Union will for the first time propose banning...
The West Just Scrambled The Oil Market. What Happens Next Is...
Most Russian crude oil exports to Europe are now banned, marking the boldest effort yet by the West to pile financial pressure on President...
Russia Bombs Ukraine’s Energy Infrastructure
...To knock out power and worsen already freezing temperatures for families
In what Ukraine said was an attempt to knock-out power and basic services to...
Pakistan Secures Discounts On Oil Shipments From Russia
As the $60pb price cap on Russian oil took effect yesterday, the country has secured an agreement to supply crude oil, diesel, and gasoline...
Price Cap Against Russian Oil Underway
…Russia reported to have discretely assembled a "shadow fleet" of tankers to contain price cap.
The orchestrated price cap of $60 per barrel over Russian...
EU Sanctions Against Russian Oil: Skeptics Still Not Sure It Will...
The orchestrated European Union's sanctions against Russian oil takes effect today, and observers say energy markets may be headed for uncharted waters in the...
India Insists On Purchasing Russian Oil Despite EU Sanctions
India has said that it would continue to purchase Russian crude oil even after the EU price cap comes into effect from today.
An unnamed...
EU Agrees To $60 Oil Price Cap Against Russia
The European Union may have finally agreed to set the price cap on Russian crude oil at $60 per barrel. Quoting an EU diplomat...
Oil Price Cap: ‘Anti-Market Measure’ Against All Global Players – Russia
Russia has described the planned price cap its oil by US allies and EU countries as an anti-market measure that will have devastating effects...
EU Focuses On Getting Members Accept The $60pb Cap For Russian...
The EU leadership is reportedly shopping to get its members, as well as the G7 group of countries, to back the $60 a barrel...
Russian Oil Price Cap Could Be Delayed Until US Midterm Elections...
As the December 5 deadline for EU proposed Russian oil cap draw close, there are strong feelings among traders and consultants that the plan...
Ukraine President Wants Lower Cap On Russian Oil, At $30-$40pb
Ukrainian President, Volodymyr Zelensky, has proposed that the price for Russian seaborne oil should be capped at between US$30 and US$40 a barrel, lower...
Ahead of Dec 5 Deadline, Russia Loses Over 90% Of Its...
Reports said ahead of the planned oil cap against Russia’s oil, the country has already lost over 90% of its previous top European market—northern...
U.S., Allies May Cap Russian Oil At $60
The United States and its allies are hoping to cap Russia’s crude oil price at $60 per barrel, the Wall Street Journal said yesterday,...
EU Says No Retreat On Dec 5, Oil Cap Deadline Against...
... Assures Regulations Will Be In Order Before Deadline
Although the G7 price cap has yet to be quantified, the European Union energy commission has...
Dec 5 Deadline Panic: European Refiners Now Have Stacks Of Oil...
With the early panic about Russia’s dwindling oil exports, and the world’s subsequent oil shortage, European refiners now seem to have more crude oil...
