Russian Oil and Gas

Russia - US oil dispute, Germany suffers the consequences

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The PCK oil refinery is owned by a Russian corporation, operated by Germany, but may be "squeezed" by the US with sanctions.

Russian oil giant may have to end its ambition to go further

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The potential agreement to sell assets to the US fund Carlyle may force Lukoil to close its globalization strategy, marking a major turning point for the Russian oil giant.

Russia loses strategic oil depot in Penza after UAV attack

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The Russian oil field in Penza was confirmed to have been heavily destroyed after the UAV attack, with at least one fuel tank completely collapsed.

Hungary, Slovakia sue EU for Russian oil and gas

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Hungary and Slovakia announced that they will jointly file a lawsuit with the European Court of Justice (ECJ) to prevent the EU's plan to completely ban Russian oil and gas.

Russia agrees to sell Serbia's largest oil and gas company

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Russian shareholders of Serbia's largest oil and gas company Naftna Industrija Srbije (NIS) agreed to sell shares to a large Hungarian energy corporation.

Russian oil drifts at sea like never before

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At least 12 Russian oil tankers are waiting offshore Oman, and many others are anchored near China.

Series of oil tankers register Russian nationality to evade US sanctions

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Dozens of oil tankers have rushed to change to Russian nationality to seek safe protection from Moscow due to fears after the arrest of the super ship Skipper.

Discovering the whereabouts of a Russian oil tanker once seized by the US

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The oil tanker Marinera, flying the Russian flag, seized by the US military in international waters in the North Atlantic Ocean, has just been discovered off the northeast coast of Scotland.

Ukraine strikes straight into the heart of Russian oil and gas in the Caspian Sea

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Ukraine directly attacks Russian oil rigs in the Caspian Sea, hitting Russia's vital energy source.

Oil tanker heading to Russia attacked in the Black Sea

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A drone targeted a tanker en route to the port of Novorossiysk, Russia.

US businesses plan to acquire global oil and gas assets of Russia

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Two US businesses are secretly preparing a deal to acquire all international assets of Russian oil and gas corporation Lukoil.

US unexpectedly exempts sanctions on Russian-owned oil refinery

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The oil refinery owned mostly by Russia in Serbia is temporarily exempted from sanctions by the US.

Russia delays target of 100 million tons of LNG due to sanctions

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Russia has postponed plans to achieve 100 million tons of liquefied natural gas (LNG) per year by a few more years.

Ukraine launches Storm Shadow missiles and UAVs at Russian oil and gas facilities

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Ukraine attacked a major Russian refinery with missiles, Ukrainian military and security officials said on December 25.

Russian oil and gas revenue is forecast to fall nearly half, to its lowest level since 2020

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Russia's oil and gas revenue in December is expected to halve to its lowest level since August 2020.