Russian oil

Oil exports from Russia’s western ports fall 15%

Oil exports from Russia’s western ports fell about 15 percent below planned volumes after Ukrainian attacks disrupted operations at Novorossiysk, Reuters reported on Aug. 19, citing industry sources.

19 August, 08:31 PM

Greek tanker carrying Russian oil attacked near Novorossiysk

A Greek tanker was attacked in the Black Sea on Aug. 16 after taking on a cargo of Russian oil, Bloomberg reported on Aug. 17, citing people familiar with the matter.

18 August, 12:37 AM

India's Russian oil imports hit record high in July

India's dependence on Russian oil rose to a record level in July, with supplies from Russia accounting for 50.83% of imports by the world's third-largest oil buyer and consumer, or 2.47 million barrels per day, Reuters reported on Aug. 14.

14 August, 11:12 AM

Explosion grounds Russian oil tanker near Oman

An explosion likely occurred Aug. 8 aboard the tanker Caroline Bezengi, forcing the ship to run aground off Oman's coast and creating an oil slick covering nearly 400 square kilometers, Reuters reported on Aug. 10.

10 August, 08:33 PM

Syria agrees to sharply cut Russian oil imports during U.S. sanctions talks

Syria has agreed to sharply reduce imports of Russian oil as part of ongoing talks with the United States on lifting remaining major sanctions, Reuters reported, citing three sources familiar with the negotiations on Aug. 4.

4 August, 04:52 PM

Russia's energy revenues surge 60% in July

Russian oil and gas revenues are set to rise 60 percent in July year-over-year, Reuters reported on July 23, citing own calculations.

23 July, 11:56 PM

Russian refinery subsidies jump sixfold in June

Payments from Russia’s state budget to refineries that supply the domestic market rose more than sixfold in June year-over-year, Bloomberg reported on June 3, as the government moves to ameliorate fuel shortages.

4 July, 01:20 AM

Georgia pivots away from processing Russian oil

The Kulevi Oil Refinery, Georgia’s only crude processing facility, will stop cracking Russian crude in the coming months, its owner, Black Sea Petroleum (BSP), announced on July 2.

2 July, 08:39 PM

Fuel rationing spreads further across Russia

Authorities in four more Russian regions, Yakutia, Bashkortostan, Primorsky Krai, and Krasnodar Krai, have announced gasoline and diesel rationing, independent newspaper The Moscow Times reported on June 29.

29 June, 09:43 PM

U.S. oil sanctions against Russia back in place, Kyiv says

The United States did not extend the waiver exempting Russian oil shipments from its sanctions regime, meaning that the restrictions are once again in effect, Ukraine’s presidential commissioner for sanctions policy Vladyslav Vlasiuk said on June 26.

26 June, 10:51 PM

Trump ‘hugely impressed’ by Ukraine’s long-range strikes on Russia — FT

U.S. President Donald Trump was “hugely impressed” by Ukraine’s sustained campaign of long‑range strikes targeting Russian industry during last week’s G7 summit in France, the Financial Times reported on June 23, citing people familiar with the matter.

23 June, 07:55 PM

Not in Ukraine’s interests to completely stop Russian oil exports, expert suggests

While Ukraine continues degrading Russia’s oil export infrastructure, choking off the flow of Russian crude entirely would be counterproductive, Oleksandr Kharchenko, director of the Energy Industry Research Center, told NV Radio on June 17.

18 June, 02:56 AM

Russia turns to seaborne gasoline imports

Russia plans to begin sea imports of gasoline for the first time in a long while to make up for fuel shortages that followed Ukrainian strikes on oil refineries, Reuters reported on June 17, citing unnamed sources.

17 June, 09:54 PM

Russia to cut crude exports in June — report

Russia plans to reduce crude oil exports in June and increase domestic refining to try and avoid fuel shortages, Reuters reported on June 8, citing industry sources.

9 June, 12:39 AM

Russia’s fuel subsidy saps oil price windfall

Russia’s domestic fuel subsidy program is cutting into windfall profits from surging oil prices, Bloomberg reported on June 3, citing government data.

4 June, 01:09 AM

France arrests Russian shadow fleet tanker captain

The prosecutor’s office in Brest has placed the captain of Russian oil tanker Tagor in custody after France detained the vessel on May 31, Le Monde reported on June 3.

4 June, 12:19 AM

Russia begins production at massive Siberian oil fields once deemed unprofitable

Gazprom group began "full-scale oil production" at the Chonsky group of fields in Eastern Siberia in late May, the news agency Interfax-Russia wrote.

3 June, 10:36 AM

Rubio: U.S. eager to reinstate Russian oil sanctions

The United States would like to end exemptions to oil sanctions on Russia as soon as possible, Secretary of State Marco Rubio said on June 2.

3 June, 12:19 AM

Ukraine targets Russia’s land corridor as Crimea’s fuel shortages deepen — interview

Serhii Bratchuk, spokesperson for the Ukrainian Volunteer Army, spoke to Radio NV about Ukraine’s fire control over Russia’s southern land corridor and the mood in occupied Crimea.

1 June, 12:50 PM

More than half of Russia's shadow fleet poses massive oil spill risk — FT

More than half of the tankers in Russia's shadow fleet may be in a hazardous technical condition, posing a risk of a massive oil spill, the Financial Times reported recently.

1 June, 08:54 AM

Russian oil

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