Mariupol has been occupied by Russian forces for several weeks Russia plans to annex more Ukrainian territory using a similar “playbook” to its takeover of Crimea, the US says. Citing Continue Reading
Russia’s Gazprom has told customers in Europe it cannot guarantee gas supplies because of ‘extraordinary’ circumstances, according to a letter seen by Reuters, upping the ante in an economic tit-for-tat Continue Reading
Gazprom has declared force majeure on gas deliveries to at least one major customer in Europe, which would protect the Russian giant from compensation payments for unrealized deliveries, Reuters reported Continue Reading
Tanker owners in Europe are shipping as much Russian crude as possible before energy sanctions against Moscow take effect in December. Since Russia’s invasion of Ukraine in February, Western nations have pledged to Continue Reading
Russian fuel oil exports to Saudi Arabia rose almost twofold during the second quarter as the Saudis sought to free up more local crude for export while using the discount Continue Reading
The European Union could ban the import and transit of some fuel oil from Russia around six months ahead of the planned deadline, an EU official and four traders told Continue Reading
Western sanctions and the exodus of international oil and engineering companies from Russia after Putin’s invasion of Ukraine will slow down Russia’s energy industry development. Russia’s claims that it can Continue Reading
Kremlin-controlled energy giant Gazprom (GAZP.MM) said on Wednesday it could not guarantee the safe operation of a critical part of the Nord Stream 1 gas pipeline because of doubt over Continue Reading
Commodity trader Trafigura has sold a multibillion-dollar stake in a giant Russian oil project to an obscure Hong Kong company that was set up just nine days before Russia invaded Continue Reading
Canadian Prime Minister Justin Trudeau said that the sanctions exception it made to return Russia’s repaired gas turbine was a “very difficult” decision to make, Reuters reported on Wednesday. Canada Continue Reading
