Russia & FSU
News
March 25, 2022
Chevron Corp.’s oil production venture in Kazakhstan -- which operates the country’s largest field -- is curbing output due to issues at a supply link on the Black Sea.
News
March 23, 2022
DTEK Group, NJSC Naftogaz of Ukraine and NPC Ukrenergo called on the international business community to stop buying Russian energy resources and stop any supplies of components and technologies for the fuel and energy sector to Russia.
News
March 22, 2022
TotalEnergies SE said it will stop buying Russian crude and diesel by the end of the year, becoming the latest energy giant to shun the country’s oil in protest against the invasion of Ukraine.
News
March 22, 2022
Russian refiners are trimming their output, threatening to exacerbate a European diesel market already in short supply, Gunvor Group Chief Executive Officer Torbjorn Tornqvist said.
News
March 21, 2022
As the situation has developed, Schlumberger has been evaluating its path forward, and has decided to immediately suspend new investment and technology deployment to Russia operations.
News
March 16, 2022
Russia’s oil output may slump by about a quarter next month, inflicting the biggest supply shock in decades as buyers shun the nation’s exports following its invasion of Ukraine.
News
March 14, 2022
German Finance Minister Christian Lindner remains opposed to a boycott of Russian oil and gas, even with leading members of his Free Democratic Party saying restrictions should be imposed to punish Russia.
News
March 13, 2022
Oil resumed its decline after Iran carried out a missile strike in Iraq following the suspension of nuclear talks, while Russia’s bombardment of Ukraine prompted more calls to sideline the OPEC+ producer.
News
March 10, 2022
Moscow’s decision to escalate its eight-year conflict in Ukraine has sparked a global energy crisis, says GlobalData’s MEED.
News
March 09, 2022
Russia’s invasion of Ukraine has brought a wartime energy transition to Europe. The continent’s decades-long timelines for overhauling energy supply systems that support more than 440 million people are now being revved up under extraordinary duress.
News
March 08, 2022
Energy Workforce and Technology Council CEO Leslie Beyer said their industry supports the Administration’s continued sanctioning of Russia, including the most recent ban on imports of Russian oil.
News
March 08, 2022
The world and energy market are at a point in history, as important as the end of both world wars, and that was true before the Russian invasion of Ukraine, said Atlantic Council President and CEO Frederick Kempe.
News
March 08, 2022
Biden said the U.S. will ban imports of Russian fossil fuels including oil, a major escalation of Western efforts to hobble Russia’s economy that will further strain global crude markets.
News
March 08, 2022
Brent crude futures surpassed $132 a barrel while West Texas Intermediate rose to $128. The Biden administration is poised to impose a ban on U.S. imports of Russian energy as soon as Tuesday.
News
March 07, 2022
United Steelworkers International President Tom Conway said the union calls on their government and employers to cut off all Russian imports of crude oil that would be processed in our domestic refineries.
News
March 07, 2022
Brent crude soared almost 18% to just shy of $140 a barrel at the open in Asia following news over the weekend that the U.S. and its European allies are discussing a possible ban on Russian oil exports.
News
March 06, 2022
The U.S. House is exploring a bill that would ban the import of Russian oil and energy products, as a steady stream of companies pulled out of the country in response to Moscow’s invasion of Ukraine.
News
March 04, 2022
After taking a barrage of criticism for buying a cargo of Russian crude, Europe’s largest oil company Shell Plc says it’s navigating the market with government guidance.
News
March 04, 2022
We think it’s important to actually quantify the extent to which the U.S. is importing Russian crude and products. Politicians have referred to “Russian oil” as if all imports from that country are strictly crude oil. This is not true.
News
March 03, 2022
The Biden administration’s objections to banning oil imports from Russia puts it at odds with a bipartisan clamor to punish Moscow for the invasion of Ukraine despite the inevitable pain it would cause by soaring gasoline prices.
News
March 03, 2022
Canada is ratcheting up sanctions on Russia in response to the invasion of Ukraine in coordination with Western allies, unveiling new restrictions on energy companies and steep tariffs on exports.
