Russia Still Uses Western Insurance for Half of Tanker Fleet That Exports Its Oil March 30, 2023 By Bloomberg News Russia still relies on Western insurers to cover more than half of the tanker fleet that exports its oil, according...
Russia Has Successfully Rerouted Oil Exports Hit by Western Embargo: Energy Minister March 28, 2023 By Vladimir Soldatkin Russia has successfully redirected all its crude oil exports affected by Western sanctions over Ukraine to “friendly” countries, Energy Minister...
Denmark to Salvage Unidentified Object in Nord Stream Blast Probe March 24, 2023 By Bloomberg News Denmark is salvaging an unidentified object found next to a Russian gas pipeline that was damaged in a blast last...
Russian Oil Is Being Stored in Ghana as Pool of Buyers Shrinks February 27, 2023 By Ekow Dontoh, Sherry Su and Lucia Kassai A cargo of Russian oil is heading for storage tanks in Ghana, a nation that exports crude itself and is...
‘Shadow Fleet’ of Tankers Transporting Russian Oil Swells to 600 Ships: Trafigura February 6, 2023 By Archie Hunter, Alix Steel and Grant Smith The “shadow fleet” of ships that transport Russian oil around the world has expanded to around 600 tankers, according to...
Factbox: Here Are Main Elements of New G7-Led Price Cap on Russian Oil Products February 6, 2023 The Group of Seven rich nations, the European Union and Australia have set price caps for Russian diesel and other...
G-7 Nations, EU Agree to Price Caps on Russian Refined Oil Products February 6, 2023 European Union countries agreed to set price caps on Russian refined oil products to limit Moscow’s funds for its invasion...
Western Tankers Ramp Up Russian Oil Shipments as Prices Remain Below G7 Price Cap February 1, 2023 Western oil tankers ramped up their shipments of Russian crude in January as prices for Moscow’s flagship Urals grade held...
Intercontinental Exchange to Start Rival London Gas Market to Dodge EU Price Cap January 30, 2023 By John Ainger Intercontinental Exchange Inc. will open a parallel natural gas market in London to help traders avoid potential disruptions from new...
EU Eyes $100/Barrel Cap on Russian Premium Oil Products in Next Round of Sanctions January 27, 2023 The European Commission is proposing that the EU set a $100 per barrel price cap on premium Russian oil products...