oil

Georgia's only refinery to end Russian oil purchases and switch to Kazakh and Libyan crude

Black Sea Petroleum LLC, which owns the oil refinery at Georgia's Kulevi port, will switch to processing Kazakh and Libyan crude in August and September 2026, ending purchases of Russian oil, The Moscow Times reported on Aug. 3.

3 August, 05:29 PM

Russian coal exports face vessel shortage after Ukraine's attacks

Ukrainian attacks in the Black Sea have sharply reduced the number of vessels available to export coal from Russia, disrupting shipments and tightening shipping capacity, The Moscow Times reported on Aug. 3.

3 August, 01:36 PM

Zelenskyy confirms strikes on Russian oil sites, terminal

Ukraine's Defense Forces struck a Russian export terminal and oil facilities in the Rostov and Yaroslavl oblasts, and in the Udmurt Republic, President Volodymyr Zelenskyy confirmed on X on July 27.

27 July, 01:08 PM

Ukraine's SBU strikes Russian oil facilities in Bashkortostan, Ulyanovsk and Kaluga oblasts

Ukraine's Security Service carried out a series of long-range strikes, targeting Russian oil and military infrastructure in Russia and occupied Crimea, the SBU said on July 24.

24 July, 04:56 PM

Russian shadow fleet tanker suspected of oil spill

A tanker from Russia's sanctioned shadow fleet likely spilled oil off the coast of Oman, Reuters reported, citing satellite images analyzed by independent experts on July 18.

18 July, 05:36 PM

Japan to end reliance on Strait of Hormuz for oil imports from July

Japanese Prime Minister Sanae Takaichi said Japan will source all of its crude oil imports from suppliers outside the Strait of Hormuz starting in July, as the country seeks to reduce its exposure to geopolitical risks, Bloomberg reported on June 11.

11 June, 07:02 PM

Belarus sharply increases gasoline and diesel deliveries to Russia amid supply crunch

Belarus sharply increased rail shipments of gasoline and diesel from its refineries to Russia in May as fuel shortages worsened there because of seasonal demand growth and lower output caused by Ukrainian attacks, The Moscow Times reported on June 9.

9 June, 03:25 PM

Trump envoy pushes to tap Greenland oil to counter international energy crises

Greenland could export 2M barrels of oil per day right now to lower global energy prices amid Iran war, Louisiana Governor Jeff Landry, serving as U.S. President Donald Trump’s special envoy to Greenland, claimed, The Hill wrote on May 22.

25 May, 01:25 PM

Ukrainian forces hit Lukoil refinery and Yaroslavl oil facility

Ukraine’s Defense Forces struck the Lukoil-Nizhegorodnefteorgsintez oil refinery and the Yaroslavl-3 oil pumping station in Russia, the Ukrainian military’s General Staff said on May 19.

19 May, 03:14 PM

Ukrainian drones hit major Russian refinery in Perm for third time – SBU

Ukraine’s Security Service struck the Permnefteorgsintez oil refinery and an oil pumping station in the Russian city of Perm for the third time, targeting facilities more than 1,500 kilometers (930 miles) from the Ukrainian border on May 8.

8 May, 04:57 PM

Japan turns to Kazakhstan for oil as Middle East supply risks mount

Japan is in talks to purchase Kazakh crude oil, Kazakhstan's national energy company KazMunayGas reported on May 4.

6 May, 01:52 PM

Ukraine strikes Kirishi refinery and oil station in Russia’s Leningrad Oblast

Ukraine’s Security Service and defense forces struck the Kirishinefteorgsintez refinery and a Kirishi oil pumping station in Russia’s Leningrad Oblast, the SBU press service said on May 5.

5 May, 06:11 PM

Oil prices fall as Trump announces Operation Project Freedom

Oil prices dropped after Trump announced that the U.S. will begin an effort to assist ships stranded in the Strait of Hormuz, Reuters wrote on May 4.

4 May, 02:20 PM

Ukrainian forces hit four oil industry sites in Russia – General Staff

Units of Ukrainian Armed Forces struck four key oil industry facilities in Russia overnight, the General Staff said on Apr. 18.

18 April, 03:31 PM

U.S. extends exemption for seaborne shipments of Russian oil

The U.S. Treasury Department Office of Foreign Assets Control has extended a limited exemption allowing certain seaborne shipments of Russian oil and petroleum products loaded as of April 17, issuing General License 134B while keeping sanctions in place.

18 April, 01:55 PM

Norway oil exports jump 68% to record levels amid Iran conflict

Norway reported record oil exports of 57.4 billion kroner ($6.1 billion) in March, up 67.9% year on year, according to data from the Statistics Norway on Apr. 16.

16 April, 10:37 AM

Drones strike oil pumping station in Russia’s Volgograd Oblast, fire visible for 25 km

Drones struck the Tinguta oil pumping station in Russia’s Volgograd Oblast overnight, with satellite data showing a fire visible up to 25 km away, the monitoring Telegram channel Crimean Wind reported on Apr. 10.

10 April, 05:28 PM

Why Zelenskyy toured the Middle East and tensions with Rheinmetall – Former Naftogaz CEO Kobolyev

Former Naftogaz CEO Andriy Kobolyev says Russia must factor in Saudi Arabia’s role, outlines the impact of the war in Iran and assesses Donald Trump’s tactics in an interview with NV on Apr. 7.

7 April, 01:26 PM

India quadruples imports of Venezuelan oil, emerging as top buyer

Indian refiners have become the largest buyers of Venezuelan oil, replacing China as the top importer after the United States took control over the country’s oil sales, Bloomberg reported on Apr. 2.

2 April, 02:36 PM

Saudi Arabia to cut oil shipments to China and India amid Middle East war

Saudi Arabia’s oil sales to its two biggest Asian buyers, China and India, will be lower than usual in April due to supply disruptions caused by the war in the Middle East, Bloomberg reported on March 26.

26 March, 11:56 AM

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