Russia’s Use of Blacklisted Tankers to Move Oil Accelerates
WEB1 day ago · Russia’s Use of Blacklisted Tankers to Move Oil Is Accelerating. By Julian Lee. September 20, 2024 at 4:53AM EDT. (Vessel tracking data compiled by) (Bloomberg) -- A growing number oil tankers that were sanctioned for their role in transporting Russian petroleum are finding work again — a blow to western authorities who …
Russia finds it challenging to keep the lid on oil output, analysts ...
WEBMOSCOW, May 23 (Reuters) - Russia, in a rare admission of oil overproduction, said overnight that it exceeded its OPEC+ production quota in April for "technical reasons", a surprise move that...
Exclusive: Russia orders companies to cut oil output to meet …
WEBMOSCOW, March 25 (Reuters) - Russia's government has ordered companies to reduce oil output in the second quarter to ensure they meet a production target of 9 million barrels per day (bpd) by...
Oil Drilling Is Booming in Russia Despite Western Sanctions
WEBJan 10, 2024 · Russia is estimated to have drilled oil production wells with a total depth of 28,100 kilometers (17,460 miles) between January and November 2023—on course for a second consecutive year that...
The Future Turns Dark for Russia’s Oil Industry
WEBMarch 8, 2022. A week after a chorus of Western executives from Exxon Mobil, BP, Shell and other companies denounced Moscow’s violent onslaught in Ukraine and pledged to pull their companies out of...
Russian oil exports hit post-invasion high - Financial Times
WEBMay 16, 2023 · Russian oil exports edged up another 50,000 barrels a day in April to a post-invasion high of 8.3mn b/d, far exceeding the 7.7mn b/d and 7.5mn b/d that it averaged in 2022 and 2021 respectively.
A price cap on Russian oil aims to starve Putin of cash. But it's ...
WEBOct 23, 2023 · Russia’s benchmark oil — often exported with Western ships required to obey sanctions — has traded above the price cap since mid-July, pumping hundreds of millions of dollars a day into the Kremlin’s war chest.
Russia faces domestic fuel crunch, braces for more shortages
WEBMOSCOW, Aug 31 (Reuters) - Russia, one of the world's biggest oil producers, has faced shortages of fuel crucial for gathering the harvest in some parts of its southern breadbasket and the...
Russian oil and gas: headed for long-term decline? - Financial Times
WEBJun 7, 2022 · The EU, which received more than half of Russia’s crude exports in 2021, has agreed to cease seaborne imports of the country’s oil by the end of the year and hopes to phase out gas by 2027.
Oil Market and Russian Supply – Russian supplies to global energy ...
WEBAn invasion into the Ukraine by Russian troops on 24 February 2022 has as of yet not resulted in a loss of oil supply to the market. Prices nevertheless surged by USD 8/bbl to USD 105/bbl following the news, on expectations that sanctions against Russia would cripple energy exports.