Russian crude exports from country’s western ports plummet
Russian crude exports from Baltic and Black Sea ports dropped to 1.8 million barrels per day in July, a 19-month low.
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oil
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Russo-Ukrainian War, day 887: Ukraine receives Haenel MK 556 rifles and Leopard 1A5 tanks from Germany
These new assets come at a critical time, as Ukrainian forces have been making small gains in Zaporizhzhia Oblast, where an estimated 90,000 Russian personnel are present, according to the latest ISW report.
European Commission stalls on Hungary-Slovakia request over Ukraine’s Lukoil sanctions
The European Commission has delayed its decision on Hungary and Slovakia's plea for EU intervention in their dispute over Ukraine's Lukoil sanctions, with both countries, exempt from the EU-wide Russian oil ban. No EU member states reportedly support their position.
European nations unite to combat Russia’s sanction-evading oil fleet – Bloomberg
The UK and several European nations are set to launch a coordinated effort to target Russia's 'shadow fleet' of oil tankers, aiming to tighten sanctions enforcement.
June sees 4-month low in Russian oil export earnings
Russia's oil export revenues fell to $16.7 billion in June, a 4-month low, due to decreased crude and petroleum product exports, yet annual earnings increased by nearly 23%, Bloomberg says.
Ukraine aims to boost oil production by 50% amid ongoing war
Ukraine's largest oil company plans to increase production by 50% by 2028, defying the challenges posed by ongoing Russian aggression.
Russo-Ukrainian War, day 858: Zelenskyy says Ukraine expects strong defense commitments from NATO at Washington summit
he Ukrainian leader emphasized that if the Alliance doesn't extend an invitation for Ukraine to join, it must provide the country with the necessary weapons to defend against Russian aggression.
Big Oil finances Putin’s war crimes and Trump’s political ambitions
Recent findings suggest that Big Oil has been channeling funds into Putin's regime and Trump's political coffers, supporting Russian aggression in Ukraine and efforts to secure favors for the fossil fuel industry.
Ukraine strikes on Russian oil refiners successfully cripple Russian war machine, experts say
These attacks, which have reduced Russia's oil-refining capacity by 14 percent, push Moscow to rely more on crude oil exports, potentially lowering global oil prices, not raising them.
Drones attack oil refinery in Russia’s Kaluga Oblast
The oil refinery in Kaluga was last attacked on 15 March.
European Council approves law introducing criminal penalties for sanctions violations amid Russia’s weapons trade
The new law aims to strengthen enforcement measures against entities involved in circumventing restrictions.
Bloomberg: Russian oil exports finally facing real sanctions squeeze
Western sanctions have begun to disrupt Russia's oil exports, with recent developments indicating growing challenges for Moscow's efforts to maintain its crucial energy sales.
Russo-Ukrainian war, day 753: Russian oil refinery ablaze after alleged Ukrainian drone attack
Russian sources confirmed the drone attack but claimed the drones were “neutralized,” although the footage showed drone an oil refinery in Krasnodar in flames.
Russia earns over USD 595 billion in revenue from fossil fuel exports
Since 2022, Russia has earned over $595 billion in revenue from fossil fuel exports, the Russia Fossil Tracker…
UK sanctions oil and gold networks “propping up Russia’s war economy”
Britain imposes sanctions on Russian oligarchs, businesses, and international networks aiding Russia's oil and gold industries, which play a significant role in financing the ongoing invasion of Ukraine.
How Ukraine’s Naftogaz plans to make Russia pay $5bn for Crimea seizures
The Arbitration Tribunal at the Permanent Court of Arbitration in The Hague has ordered that Russia pay Naftogaz…
G7 agree to price cap for refined Russian oil
The international Group of Seven industrialized countries agreed on 3 February on a price cap for refined Russian…
Germany’s Wintershall Dea supplied fuel to Russian bombers – Spiegel & ZDF
A joint venture of the German group Wintershall Dea is supplying Russia's most important manufacturer of aviation fuel,…
World oil prices, Russian production both predicted to fall over the next 25 years
Just how disastrous Vladimir Putin’s decision to rely on the export of oil rather than to modernize and…
Petroleum transport operators of Russia, Slovakia, Hungary, Poland, and Belarus want to create their own association
On December 11, 2014, AK Transneft OJSC, Transpetrol (Slovakia), Gomeltransneft Druzhba (Belarus), Przyjaźń (Poland), MOL (Hungary), and MERO…