Russia’s Rosneft ( ROSN.MM ), which closed its oil trading arm after sanctions were imposed by U.S. authorities in February, has set up a new Geneva-based trading business, four trading Continue Reading
Russian Energy Minister Alexander Novak said on Thursday that the global oil market could face a shortage of 3-5 million barrels per day (bpd) in July, depending on a deal Continue Reading
U.S. senators will announce a bill this week expanding sanctions on Russia’s Gazprom-led Nord Stream 2 project, Senate aides said, targeting a pipeline Washington says will make Europe too reliant Continue Reading
The Netherlands ordered a mass mink cull to extinguish a coronavirus outbreak linked to at least two human cases, hastening the demise of an industry ordered to cease by 2024. Continue Reading
Russia declared a federal state of emergency in the Krasnoyarsk region as pollution from a diesel spill in the Arctic city of Norilsk drew comparisons with the Exxon Valdez accident off Continue Reading
May was the U.K’s driest month in 124 years, and this spring was its sunniest on record. That came as welcome relief to millions of people locked down at home to slow the Continue Reading
The leaked diesel oil drifted some 12km (7.5 miles) from the site of the accident Russia’s President Vladimir Putin has declared a state of emergency after 20,000 tonnes of diesel Continue Reading
Some 20,000 tons of fuel and lubricants spilled into an Arctic river near the industrial city of Norilsk and it will take decades for the river, Ambarnaya, to recover, the Continue Reading
Crude oil futures were trading higher in mid-morning trade in Asia June 3, with the prompt-month ICE Brent contract rallying above $40/b amid optimism that OPEC+ would extend its supply Continue Reading
Brent oil rose above $40 a barrel for the first time in almost three months on signs that OPEC+ producers are close to agreeing on a short extension of their Continue Reading
