The new package of EU sanctions against Russia will target Sberbank and oil supplies. European Commission President Ursula von der Leyen told this to Bild am Sonntag, Reuters reports…
Major trading companies plan to cut purchases of oil and oil products from Russian state-owned oil companies as early as May 15 to avoid violating European Union sanctions against…
Oil and gas production in russia has fallen to its lowest level since the summer of 2020. This was reported by RBC with reference to Reuters. According to the publication, oil and…
British Prime Minister Boris Johnson and US President Joe Biden discussed boosting military and economic support to Ukraine, informs The Guardian. According to their journalists, Downing…
The European Union must adopt strong sanctions against russia in the next, sixth package. Restrictions should apply to the purchase of russian oil and all russian banks, not just some…
Ukraine offered the EU to impose an "Iranian model" of sanctions against Russia in terms of payments for gas that can be supplied to Europe, and the money for it will not go directly…
Representatives of the European Union and OPEC will hold talks in Vienna on 11 April amid calls to the group of producers to increase oil production and on the possibility of imposing…
Despite a publicly made statement of refusing Russian oil, oil company Shell Plc continues to buy it, presenting it as a so-called blending in which only 49.99% is produced in Russia…
The US House of Representatives and Senate passed and sent to President Joe Biden for his signature legislation that would bar US imports of Russian oil, gas, and coal, Bloomberg reported…
The European Parliament called the Council of the European Union to introduce additional sanctions against russia due to its war against Ukraine. It is stated in the resolution adopted…
In his annual letter to investors, JP Morgan Chase CEO Jamie Damon called on the White House to take a stronger stance against "new serious geopolitical realities" emerging after russia's…
Denmark made a decision to refuse purchasing oil from russian federation. The case was informed by the Head of the Office of the President of Ukraine, Andriy Yermak. "Denmark has…
During today’s shelling of Poltava region, the Kremenchug oil refinery plant and depots of fuel and lubricants came under enemy fire. The Head of Poltava Regional State Administration…
On Friday, 1 April, more than 30 countries released their oil reserves and joined a market saturation campaign to lower prices. US President Joe Biden announced this today, Interfax-Ukraine…
President Biden announced on Thursday that the United States would release up to 180 mn barrels of oil from the Strategic Reserve to counter the economic consequences of Russia's invasion…