The EU is working to deploy new sanctions against the Russian shadow fleet by the end of the year; current restrictions affect less than 50% of Russian oil exports. According to Bloomberg, the sanctions package, which the EU plans to approve by the end of the year, will also include sanctions against those involved in this trade. Member states are still negotiati... #AgroRussia #RussianLNG #RussianOil #SanctionsAgainstRussia #ShadowFleetRussia
The European Parliament will adopt a resolution on the struggle with the Russian shadow fleet. This week, the European Parliament is preparing to adopt a resolution calling for more “targeted” measures against the Russian Federation’s shadow fleet. Russia’s continued eva... #EnvironmentalPollution #EuropeanParliament #RussianOil #SanctionsAgainstRussia #ShadowFleetRussia
An oil mega-company: Putin seeks to preserve trade revenue to continue the war by strengthening control over global energy markets. The Kremlin is discussing the possibility of uniting Russia’s largest oil companies into one megastructure. This would entail Rosneft taking control of Lukoil and Gazpromneft. The deal would sig... #GazpromNeft #LukOil #Putin #Rosneft #RussianEconomy #RussianOil #RussiaProfits
Despite sanctions, the volume of Russia’s shadow fleet has increased by 70% in one year. According to KSE analyses, Moscow has increased the volume of its shadow fleet of oil tankers by almost 70% despite restrictions targeting insurers and shipping companies. The volume of Russian oil tr... #OilTankers #RussianOil #SanctionsAgainstRussia #ShadowFleetRussia
The transit of Russian oil through Ukraine increased by 37%, exceeding one million tons. The transit of Russian oil through the Ukrainian section of the Druzhba oil pipeline in September increased by 37% to 1.06 million tons. According to analysts, except for record volumes in July, the t... #DruzhbaPipeline #MOL #OilTransit #RussianOil
An ex-Russian government leader calls for increased support for Ukraine and suggests a way to leave Moscow without enough resources to continue the war. A drop in oil prices to $40 per barrel within a year would lead to Russia lacking funds to wage its war against Ukraine, said former Russian Prime Minister Mykhailo Kasyanov at the Warsaw Security For... #MykhailoKasyanov #RussianEconomy #RussianOil #RussiaProfits #SanctionsAgainstRussia #WarinUkraine #WarsawSecurityForum
Saudi Arabia threatens to collapse oil prices to $50, which will hit Russia’s profits. Saudi Arabia will collapse oil prices to $50 per barrel if OPEC+ member countries continue to violate production limits, the country’s oil minister, Abdelaziz bin Salman, warned during a confere... #Iraq #Kazakhstan #Oilmining #OilPrices #OPEC #RussianOil #SaudiArabia
Russia’s oil revenue faces further decline as Saudi Arabia plans to increase its oil production while Europe focuses on sanctions against Russian LNG. Saudi Arabia is ready to abandon its unofficial price target of $100 per barrel of oil as it prepares to increase production and protect market share, writes the FT. From December, Saudi Arabia will i... #Belgium #GreatBritain #Netherlands #Oilmining #RussianLNG #RussianOil #SanctionsAgainstRussia #SaudiArabia
The West finances the Russian military by increasing its purchases of fuel derived from Russian oil. In the first half of the year, the EU, the US, Britain, and other countries that support Ukraine bought fuel produced from Russian crude worth about $2B from Turkish refineries. Meanwhile, Turkey bene... #circumventionOfSanctions #FuelImport #OilRefinery #RussianOil #Turkey
Despite circumventing sanctions and increasing its oil sales, Russia has failed to increase profits. Russia, due to the introduction of a complex of sanctions targeting trading companies and the shadow tanker fleet, and despite an increase in sales by 15-20%, cannot increase the profits generated fro... #OilTankers #RussianOil #RussiaProfits #SanctionsAgainstRussia #ShadowFleetRussia
The Russian Academy of Sciences predicts the collapse of the aggressor state’s oil and gas economy. Russia will have to bid goodbye to its “energy superpower” status. Having lost access to Western technologies and key markets for the sale of raw materials, Russia will not be able to retu... #Gazprom #GDPrussia #HydroCarbonProduction #RussianEconomy #RussianGas #RussianOil
Ukraine has a plan to resolve the oil transit issue with Slovakia. Ukraine will guarantee the transit of oil from companies that are not subject to sanctions and is ready to settle the transit issue with Slovakia in accordance with the Association Agreement with the ... #DruzhbaPipeline #Hungary #LukOil #OilTransit #PeterSijarto #RussianOil #SanctionsAgainstRussia #Slovakia
Hungary and Slovakia’s position regarding Russian oil transit through Ukraine irritates the EU. In private conversations, EU diplomats have expressed irritation at Hungary and Slovakia’s intentions to use EU procedures to maintain their access to cheap Russian oil, contrary to the blocR... #DruzhbaPipeline #Hungary #LukOil #OilTransit #PeterSijarto #RobertFico #RussianOil #Slovnaft
Hungary is blackmailing Ukraine by blocking €6.5B in military aid due to the cessation of Russian oil transit to the EU. Hungary will block the €6.5B military aid financing program for Ukraine under the European Peace Fund until Ukraine resumes supplies of Russian oil to Hungary, Hungarian Foreign Minister Peter Szijjár... #EuropeanPeaceFund #Hungary #LukOil #OilTransit #PeterSijarto #RussianOil #Slovakia
The White House is in no hurry to increase pressure on the Russian shadow fleet due to a possible negative impact on the cost of energy carriers on the eve of the elections. Officials at the US Treasury Department have proposed new restrictions designed to halt a fleet of aging oil tankers that help transport Russian oil in defiance of international sanctions. However, as... #RussianOil #SanctionsAgainstRussia #ShadowFleetRussia #WhiteHouse
The Russian Federation’s economy is still far from a crisis, but if oil prices fall significantly, it will begin. This opinion was expressed by the Vice President of the Kyiv School of Economics, Elina Rybakova, who added that the Russian economy is overheated, but it is difficult to achieve a crisis if the West ... #OilEmbargo #RussianEconomy #RussianOil #RussianOilPriceLimit #SanctionsAgainstRussia #ShadowFleetRussia
How do Ukraine’s strikes on refineries affect the aggressor’s oil refining capacity and budget? In May, the Russian government’s subsidies to its gasoline producers increased to ₽202B ($2.5B), and the amount keeps growing. Russian authorities are forced to pay these costs to curb the rise ... #AttackOnRussia #OilRefineryRussia #RussianEconomy #RussianOil #RussiaOilRefineryDamages
The EU’s 14th package of Russian sanctions targets shadow tankers, exports of liquefied gas, and dozens of people who support the war. The EU will introduce restrictions on 20 individuals and 22 legal entities in the latest package of sanctions against Russia. The EU has already issued 13 sanctions packages on Russia following its fu... #Hungary #IndividualSanctions #RussianLNG #RussianOil #SanctionsAgainstRussia #ShadowFleetRussia
Turkey helped Russia earn €3.1B from the export of petroleum products to the EU. Last year, Turkey became the world’s largest buyer of Russian oil products, reported CSD and CREA analysts. In their view, Turkey has become a strategic transshipment point for Russian oil produ... #circumventionOfSanctions #OilEmbargo #PetroleumProducts #RussianOil #RussiaProfits #SanctionsAgainstRussia #Turkey
Ukraine’s strikes on Russian refineries have proved more effective than Western sanctions. Ukrainian strikes on Russian oil refineries are now doing what the Western sanctions regime has failed to achieve. Foreign affairs analysts state that one of the world’s largest oil producers is... #AttackOnRussia #OilRefineryRussia #RussianOil #RussiaOilRefineryDamages #SanctionsAgainstRussia #WarinUkraine
The Russian gas monopolist has recorded a loss for the first time in a quarter of a century due to the loss of the European market. The export of petroleum products from the Russian Federation has fallen to a two-year low. Due to a sharp reduction in supplies to Europe in 2023, the Gazprom corporation lost ₽629B ($6.8B). According... #Gazprom #OilRefineryRussia #RussianGas #RussianOil #RussiaProfits #SanctionsAgainstRussia
Ukraine aims to increase the volume of European gas in storage to four billion cubic meters and earn ₴70B through the transit of Russian oil. The head of Naftogaz, Oleksiy Chernyshov, is convinced that Europe is still interested in Ukrainian gas storage, and he has called on EU countries to help protect gas storage facilities from Russian a... #GasstorageUkraine #Naftogaz #OilTransit #OleksiyChernyshov #RussianOil #UkraineGTS
Russia has not yet felt the impact: Kyiv must continue attacks on Russian refineries. In the evening of April 24 in the Smolensk region of the Russian Federation, following several drone attacks, fire broke out at fuel and energy facilities after several explosions, the governor of the... #AttackOnRussia #OilProductionRussia #OilRefineryRussia #Rosneft #RussianOil #RussiaOilRefineryDamages
Sitting on two chairs: The US criticizes Ukraine’s strikes on Russian refineries over fear of rising global fuel prices. US Defense Minister Lloyd Austin criticized Ukrainian strikes on oil refineries in Russia. He stated that these strikes could negatively affect the availability of energy resources globally. “It... #EnergyCrisis #GlobalEconomy #GlobalFuelPrices #LloydAustin #OilRefineryRussia #RussianOil #WarinUkraine
Ukraine must destroy three to four oil refineries per month to provoke a fuel crisis in Russia, said the director of the energy programs at Razumkov Center, Volodymyr Omelchenko. According to him, over 30 large oil refineries in Russia have a total capacity of 330 million tons. So far, Ukraine h... #FuelCrisisRussia #OilRefineryRussia #PetroleumProducts #RussianEconomy #RussianOil #RussiaOilRefineryDamages #RussiaProfits
Ukraine attacked the four largest Russian refineries in a single day. The Security Service of Ukraine (SBU) reported that on the night of March 13, the SBU attacked three Russian oil refineries in Ryazan, Kstovo (Nizhny Novgorod region), and Kirishi (Leningrad region). ... #AttackOnRussia #FossilFuels #RussianOil #RussiaOilRefineryDamages #WarinUkraine
Russian oil depots are burning, and diesel fuel exports have fallen to a three-month low. The volume of diesel and gas oil deliveries through Russian ports amounted to 858,000 tons last week, the lowest indicator since the beginning of December last year. Distillate shipments fell for the ... #DroneAttacksOnRussia #LukOil #Novatek #Rosneft #RussianOil #RussiaOilRefineryDamages #TuapseOilRefinery
Sanctions are starting to have an effect: contractors are severing ties with the Russian Federation. Turkey’s Dertyol terminal, which received record volumes of Russian oil last year, will no longer accept cargo from Russia due to increased US sanctions. Global Terminal Services (GTS), which ma... #DertyolTerminal #OilEmbargo #RussianOil #SanctionsAgainstRussia #Sinokor
Russia has not yet felt the full force of its sanctions, but in the coming years, a collapse is inevitable. Sanctions against Russia have damaged its economy and weapons production capabilities and created problems for years to come. But their impact has developed more slowly than expected. This is perhaps ... #RussianEconomy #RussianFossilFuels #RussianOil #RussiaProfits #SanctionsAgainstRussia
Oil refining in the Russian Federation has fallen to an almost six-month low, but sanctions are not the reason. Oil refining in the Russian Federation has continued to fall over the past week as the aggressor country’s refineries grapple with the aftermath of Ukrainian drone attacks. Refinery production f... #OilProduction #refiningindustry #RussianEnergy #RussianOil #RussiaOilRefineryDamages
The US is putting pressure on Russian-Turkish trade but, at the same time, spending billions on Russian oil products. The US threat to impose sanctions on financial companies doing business with Russia has chilled Turkish-Russian trade, disrupting or slowing some payments for imported oil and Turkish exports. “... #IndianFuel #RussianOil #SanctionsAgainstRussia #TurkeyRussiaTrade
Russian exports fell almost 30% in a year, and US sanctions have blocked their tanker fleet. According to Reuters, the total volume of Russian exports decreased by 28.3% to $425.1B. The most noticeable drop was in European supplies, which was by 68% to $84.9B. On the other hand, exports to As... #OilEmbargo #Russiaexport #RussianEconomy #RussianOil #SanctionsAgainstRussia
Sanctions are not an obstacle: Russia exports oil products to the EU through Turkey. Before the full-scale war in Ukraine started, the Turkish Dörtyol oil terminal received Iraqi oil and transferred it to tankers. However, since the first sanctions against Russia began to affect the e... #DörtyolOilTerminal #OilEmbargo #RussianOil #SanctionsAgainstRussia
Sanctions and drones have finally reached the Kremlin’s oil and gas revenues. The Rosneft Tuapse Oil Refinery stopped processing oil and as well as the production of petroleum products following an attack by Ukrainian drones. This is Russia’s only oil refinery on the Black Sea ... #DroneAttacksOnRussia #Rosneft #RussianOil #SanctionsAgainstRussia #TuapseOilRefinery
Ukrainian drones can interfere with Russian oil exports through the Baltic Sea. A new front has opened in Putin’s war against Ukraine, which emphasizes the vulnerability of oil exports from the Russian Federation’s western ports. New drone attacks are being performed on obj... #DroneAttacksOnRussia #Novatek #RussianOil #UkrainianDrone #WarinUkraine
The EU is preparing its 13th package of anti-Russian sanctions but keeps buying Russian oil through India. The European Commission will begin negotiations with EU countries on the introduction of the 13th package of sanctions against Russia, which are planned to be adopted by the second anniversary of the ... #LukOil #RussianOil #RussianOilExport #SanctionsAgainstRussia
Resources from the Russian Federation account for only 6.5% of energy purchases by the EU. According to Eurostat, in the third quarter of 2022, Russia accounted for 14.5% of all energy imports to the EU, and in the third quarter of 2023, this figure decreased to 6.5%. In the third quarter, ... #EUenergyimport #EUEnergyindependence #RussianEnergyResources #RussianGas #RussianOil
Russian gas exporters’ profit decreased by three times, while Turkey saved $2B thanks to Russian oil. According to the results from January – November, Russian gas export turnover fell by three times, the Federal Customs Service of Russia reported. Gas supplies decreased in value by 69%, and in ... #RussianGas #RussianOil #RussiaProfits #SanctionsAgainstRussia
How are restrictions against Russian oil working one year after implementation? After Russia’s full-scale invasion, the gray fleet has accounted for more than half of Russia’s oil exports for the first time. The gray fleet helped Moscow survive the shock of Western sanction... #RussianOil #RussianOilEmbargo #SanctionsAgainstRussia #ShadowFleetRussia
The West has found a way to combat Russia’s circumvention of the oil price ceiling: Denmark will block tankers, and the US will focus on controlling shipping companies. The EU plans to instruct Denmark to check the availability of Western insurance and possibly block the passage of Russian oil tankers through its waters. This is part of the West’s efforts to reestabl... #circumventionOfSanctions #RussianOil #RussianOilPriceLimit #SanctionsAgainstRussia
The EU will approve the 12th sanctions package against the Russian Federation on November 15. Work on the 12th package of Russian sanctions is ending, the EU’s high representative for foreign policy, Josep Borrell, said. “This package will contain a larger list (of personal sanctio... #JosepBorrell #Russiandiamonds #RussianOil #SanctionsAgainstRussia
Russia uses Western sanctions to obtain excess profits from the sale of oil. Tax revenues from oil and gas to the Russian budget in October increased by more than 100% compared to September and more than 25% compared to October last year, reported the WSJ. This is a sharp turn... #RussianOil #RussianOilPriceLimit #RussianOilSanctions #RussiaProfits
Russian oil still finds its way to Germany, while the country seeks to replace Russian gas with Ukrainian biomethane. Following the attack on Ukraine, EU oil operations with Russia were prohibited. However, according to Süddeutsche Zeitung, although Russian oil can no longer be imported into Germany, the country̵... #biomethaneproduction #gascrises #Rosneft #RosneftDeutschland #RussianGas #RussianOil
Moscow still receives huge revenues from energy exports, despite restrictions from the West. Russia is still selling its oil at much higher prices than the $60 per barrel mandated by the G7 countries due to strong demand from China and India, Politico writes. It is noted that the West’s... #Oilexport #RussianOil #RussianOilPriceLimit #SanctionsAgainstRussia
Russia is successfully bypassing the G7 oil price cap and boosting its export revenues. In August, almost 75% of all seaborne oil shipments from Russia were carried out without Western insurance, compared to about 50% this spring. The rise means Russia is increasingly adapting to circumv... #circumventionOfSanctions #RussianOil #RussianOilExport #RussianOilPriceLimit #SanctionsAgainstRussia
Russia’s income from oil sales has increased to its highest point since October 2022. According to the International Energy Agency (IEA), in August 2023 Russia’s revenues from oil exports increased by $1.8B to $17.1B due to an increase in oil prices, which more than compensated f... #OilImport #OilPrices #RussianEconomy #RussianOil #RussianOilPriceLimit
Germany has increased the import of Russian oil through India by 1,100%. As Spiegel writes, against the backdrop of massive anti-Russian sanctions, Germany imports large volumes of Russian oil through India. Germany mainly imports oil from India, which is used to produce d... #circumventionOfSanctions #OilImport #OilIndia #RussianOil #RussianOilSanctions
The US State Department: Russian oil price cap is working effectively. State Department representative Eric van Nostrand said that the $60 per barrel price limit for purchasing Russian oil introduced by the G7 countries and their allies continues to work despite quotatio... #EricVanNostrand #RussianOil #RussianOilPriceLimit #RussianOilSanctions #SanctionsAgainstRussia
Oil prices have hit a nine-month high. As Trading Economics writes, WTI oil rose above $85 per barrel amid expectations that the leaders of the OPEC+ countries will continue to cut oil production. The Deputy Prime Minister of the Russian F... #OilPrices #OilProduction #OPEC #RussianOil
A loophole in the oil price ceiling allows the Russian Federation to earn billions. Inflated transportation costs allow Russian companies to make much more from selling crude oil to India than previously recognized. According to the FT, these cost overstatements could bring in more t... #circumventionOfSanctions #RussianOil #RussianOilPriceCeiling
