Russian Oil and Gas

Russia breaks down gas infrastructure, Ukraine struggles ahead of harsh winter

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Russia's major attack on energy infrastructure has caused widespread power outages, raising concerns about Ukraine's heating system collapsing.

Major Russian oil buyers exempted from US sanctions

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US President Donald Trump has granted Hungary a sanctions exemption for purchasing Russian oil.

US makes tough announcement, potential buyers withdraw from Russian oil and gas deals

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Swiss-based Gunvor Group announced the withdrawal of the international asset purchase offer of Russian oil and gas giant Lukoil.

Russia loses major oil customer due to US sanctions

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India's major refineries, including Reliance, are preparing to stop buying Russian oil ahead of the deadline for US sanctions.

The mystery of the fire at an important Russian refinery in Europe

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The fire at Hungary's MOL refinery - a strategic facility specializing in processing Russian oil - is raising suspicions of an external sabotage incident.

New risks for Russian oil and gas group branch in Germany

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Germany naturalizes the Russian oil and gas giant Rosneft branch despite being exempted from US sanctions.

US unexpectedly exempts sanctions on Russian oil and gas group's branch

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The US has removed a subsidiary of Russian Oil and Gas Group Rosneft in Germany from the sanctions list.

US sets deadline for Germany to end the fate of Russian oil and gas group

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The US has given Germany a 6-month deadline to completely handle the ownership of Russian oil and gas giant Rosneft's assets in its territory.

Hungary threatens to sue EU over Russian gas ban

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Hungary has said it will sue the EU in a court of high authority over a ban on Russian gas, and has said it will fight to the end to protect energy security.

Russian oil and gas giant sells assets after US sanctions

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Russian oil and gas giant Lukoil will sell assets abroad following US sanctions.

Strategy to help the EU escape the trap of dependence on energy and raw materials

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Facing risks from Russia and China, the EU is implementing a multi-term strategy to regain autonomy in energy and raw materials.

Hungary disagrees with EU, affirms it cannot give up Russian oil

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Hungarian Foreign Minister Peter Szijjarto affirmed that the country cannot give up Russian oil, emphasizing that this is a matter of geography and supply, not politics.

Germany proposes US exemption from sanctions on Russian oil and gas group

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Germany is seeking to offer the US an exemption from sanctions on the Rosneft branch of Russian oil and gas giant amid the risk of a shortage of oil supplies.

Guaranteed customers hesitate to accept Western sanctions on Russian oil

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Reliance Industries, Russia's largest oil buyer, is reconsidering imports after the West imposed additional sanctions on Russian oil.

Oil prices cool down, markets suspect US commitment to sanction Russia

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Oil prices cooled down after soaring, as the market was skeptical about the real effectiveness of Russian sanctions.