According to ship monitoring, traders, and shipping sources, commodity dealers such as Trafigura and Vitol helped keep Russia’s oil flowing through its Baltic and the
Category: Energy
Putin’s demand for payment in roubles confounds Asian gas buyers.
On Thursday, Asian importers of Russian gas scrambled as Russian President Vladimir Putin declared “unfriendly” countries must pay in roubles for Russian gas, the latest
Saudi Arabia is increasing its oil investments as the price of crude rises.
Saudi Arabia’s state oil giant, Aramco, announced on Sunday to increase spending by approximately 50% this year as it reported a tripling in 2021 profits,
Europe erupts in turmoil over high energy costs and record inflation.
High energy costs are causing instability in parts of Europe, with Spain sending more than 23,000 police officers on Friday to deal with a truckers’
Gazprom, Russia’s state-owned energy company, said gas exports via Ukraine will continue at the same rate.
Gazprom, a Russian natural gas supplier, announced on Saturday that gas exports through Ukraine would continue at the same rate of 109.5 million cubic metres
The U.S moves to cripple the Russian economy by banning all oil imports.
President Joe Biden took a harsher line against Russia’s economy on Tuesday, ordering a ban on Russian oil imports in retribution for Vladimir Putin’s aggression
Russian sanctions, Iran Nuclear deal delay drive Oil price near $140.
On Monday, oil prices soared to their highest levels since 2008, as the US and its European allies discussed barring Russian oil imports and hopes
Nuclear reactors at Ukraine’s Zaporizhzhia plant captured by Russian forces remain in good condition. – IAEA
After a projectile hit a nearby structure on the site overnight, there was no damage to the reactors at Ukraine’s Zaporizhzhia nuclear power station, and
Russia-Ukraine war: Oil rises above $110, U.S and 30 nations agree to release 60m barrels.
The International Energy Agency announced Tuesday that all 31 member countries have decided to release 60 million barrels of oil from their strategic reserves “to
Ukraine crisis: Oil price hits $100 per barrel, Germany’s Scholz halts Nord stream 2, energy supply to Europe in jeopardy.
Rising energy prices and concerns about a Russian invasion of Ukraine are forcing European leaders to reconsider their energy security, particularly their decades-long reliance on
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