Hungary wants to keep buying Russian oil products for its oil refiner, Slovnaft. Hungary plans to ask the EU for a one-year extension of the sanctions exemption for oil refiner Slovnaft, allowing it to export products made from Russian oil to Czechia, said Péter Szijjártó, Ministe... #MOL #PeterSijarto #RussianOil #Slovnaft #ZsoltHernadi
The EU has adopted the eleventh package of sanctions against Russia in response to the war against Ukraine. According to the new sanctions package, the EU will expand cooperation with third countries to prevent sanctions circumvention. If the efforts do not achieve the desired result, the European Council m... #circumventionOfSanctions #DruzhbaPipeline #RussianOil #RussianOilSanctions #SanctionsAgainstRussia
Ukraine demands a further reduction in the Russian oil price ceiling. According to the Ministry of Economy, last year Russia’s oil and gas exports amounted to $349B, and this year it will receive about $173B following the implementation of the embargo and price ce... #RussianOil #RussianOilEmbargo #RussianOilPriceLimit #SanctionsAgainstRussia
Borrell insists on blocking the import of Indian fuel produced from Russian oil. In an interview with the FT, the EU High Representative for Foreign Policy, Josep Borrell, called such supplies circumventing sanctions, and the EU member states should take measures. Last year India ... #circumventionOfSanctions #IndianFuel #JosepBorrell #RussianOil #SanctionsAgainstRussia
The Czech Republic has found an Italian replacement for the Russian Druzhba pipeline. Czech pipeline operator Mero has reached an agreement with its shareholders to expand the Transalpine Oil Pipeline (TAL), Czech Prime Minister Petr Fiala announced. They want to complete the project i... #DruzhbaPipeline #Mero #PetrFiala #RussianOil #TransalpineOilPipeline
The G7 is preparing a strike against the Russian Federation’s shadow fleet. According to the FT, the G7 countries want to solve the issue of manipulation of tanker transponders that are turned off while at sea or do not transmit data about their destination ports. Using these... #G7 #RussianOil #RussianOilEmbargo #SanctionsAgainstRussia #ShadowFleetRussia
Ukraine plans to increase the transit fee of Russian oil by another 50%. According to Russian media, Ukrtransnafta is planning a two-stage increase in the tariff for the transit of Russian oil through the Druzhba oil pipeline. From June 1, the rate for transit will increas... #DruzhbaPipeline #RussianOil #RussianOilTransitTariff #Transneft #Ukrtransnafta
The shadow fleet for Russian oil is replenished with dozens of tankers every month. The number of ships involved amounts to approximately 25-35 every month. According to CNN, approximately 600 tankers (10% of the global market) are generally used to transport Russian oil. Experts div... #RussianOil #RussianOilExport #ShadowFleetRussia
The US and its allies agreed to introduce two ceiling prices for Russian oil products. Deputy Secretary of the Treasury Wally Adeyemo met virtually with Deputy Ministers representing the global coalition of countries imposing a price cap on seaborne Russian crude oil (the Price Cap Coal... #RussianOil #RussianOilPriceLimit #SanctionsAgainstRussia #WallyAdeyemo
The EU reduced the supply of Russian oil by 90%. As a result of the reduction in oil imports the Russian Federation’s profits have decreased, said Matti Maasikas, the EU ambassador to Ukraine. He recalled that after Russia’s full-scale i... #RussianOil #RussianOilPriceLimit #SanctionsAgainstRussia
Prices for Russian oil fall below the proposed price caps. According to Bloomberg, prices for Urals oil at the end of last week fell to $51.96 per barrel in the port of Primorsk on the Baltic Sea. The oil price in Novorossiysk in the Black Sea also fell to a ... #RussianOil #RussianOilPriceLimit
The new package of EU sanctions will not set a Russian oil price limit. In the eighth package of European Union sanctions against Russia, there will probably be no limit on the prices of Russian oil, reported Radio Svoboda. Because the G7 is still working out the details ... #anti_Russiansanctions #EUsanctionsforRussia #RussianOil
The EU is preparing the eighth package of sanctions against the Russian Federation. In the eighth sanctions package, the European Commission will discuss a plan to limit prices for Russian oil, which the G7 countries are trying to introduce. According to Politico, on September 23, re... #anti_Russiansanctions #EuropeanCommission #EUsanctionsforRussia #RussianOil
The US, Norway, and Kazakhstan will replace Russia on the EU oil market after the embargo. After the introduction of the embargo, the EU will need to replace an additional 1.4 million barrels of Russian oil. At the same time, about 300,000 barrels per day can potentially come from the US, a... #EUOilMarket #OilEmbargo #RussianOil
The G7 has agreed on a mechanism to limit Russian oil prices. On September 2, the finance ministers of the Big Seven countries (Great Britain, Germany, Italy, Canada, France, Japan, and the US) confirmed their intention to limit the price of Russian oil. The Min... #G7 #OilEmbargo #RussianOil
The G7 plans to present a plan to cap Russian oil prices. On September 2, the finance ministers of the G7 countries will reach an agreement and present a plan for setting maximum prices for Russian oil at a virtual meeting, the WSJ writes. According to the p... #anti_Russiansanctions #OilEmbargo #RussianOil
The US is developing a plan to reduce Russia’s income from oil exports. According to Bloomberg, the United States is developing a plan to limit the Kremlin’s oil export income by setting maximum prices for Russian resources. US officials are concerned that EU sancti... #Oilexport #RussianOil
Russia’s war machine is still making plenty of cash from il exports. An increase in the rate of export duty charged on crude oil shipped out of Russia in July has helped the Kremlin to ride out a slump in revenue inflow in the first full week of the month. Duty rates ... #RussianAgression #RussianOil #RussianOilExport
The G7 group might impose tariffs on Russian oil as an alternative to an embargo. Representatives of the US Treasury Department, at a meeting of G7 finance ministers, will propose that the EU introduce tariffs on Russian oil as a faster alternative to a direct oil embargo. The US ... #G7 #OilEmbargo #RussianOil #Sanctions
Germany accuses Russia of using energy as a weapon. German Vice-Chancellor and Economy Minister Robert Habeck accused Russia on Thursday of using energy “as a weapon,” following an announcement by the Russian government on Wednesday to impo... #Germany #RobertHabeck #RussianAgression #RussianOil
Japan will impose an oil embargo on Russia. After Sunday’s online meeting of G7 leaders, Japanese Prime Minister Fumio Kishida said that Japan would impose a ban on Russian crude imports as part of the G7’s decision to counter Russi... #FumioKishida #JapanOilEmbargo #OilEmbargo #RussianOil
How much will it cost Europe to give up Russian oil? For the European Union, abandoning Russian hydrocarbons is a matter of political will, not survival. The embargo on Russian oil will cost about €100 for each adult European, as stated on nv.ua by E... #EUenergy #HermanGalushchenko #RussianOil
The head of the European Council is convinced that the EU will agree on oil sanctions against Russia. European Council President Charles Michel is confident that the European Union will impose sanctions on Russia’s oil sector. He said the EU would end its dependence on Russian energy and that n... #CharlesMichel #EUsanctions #EUsanctionsPackage #RussianOil
The EU might abandon Russian oil by the end of the year. The European Union intends to propose a ban on Russian crude by the end of the year and gradually impose restrictions on imports. According to Bloomberg, the EU will also insist on disconnecting more ... #EUbanRussianOil #EUsanctions #RussianOil #WarinUkraine
Russia’s revenues from energy sales to EU countries almost doubled. Since the beginning of the full-scale invasion of Ukraine, Russia’s revenues from the sale of fossil fuels to EU countries have almost doubled, reported the Finnish Center for Energy and Clean ... #RussianAgression #RussianEnergy #RussianOil #RussiaProfits
The European Union fails to agree on the Russian energy embargo. The European Union fails to agree on the Russian energy embargo. #EUsanctions #JosepBorrell #OilEmbargo #RussianOil
The EU expects the sixth package of sanctions against Russia this week. The EU expects the sixth package of sanctions against Russia this week. #RussianOil #RussianOilEmbargo #Sanctions #WarinUkraine
Germany will abandon Russian oil imports by the end of 2022, and then gas. Germany will halve Russian oil imports #AnnalenaBaerbock #Germany #RussianOil
Russia’s oil companies are losing profits due to export difficulties. The Head of the Office of the President of Ukraine, Andriy Yermak, said that Russian companies’ average daily volume of oil refining decreased by 6% in the first half of April. According to Reut... #BanRussianOil #Oil #RussianOil
Russia faces a significant oil production decrease due to sanctions . The International Energy Agency (IEA) predicts that the fall in oil production in Russia due to sanctions in April will be 1.5 million barrels per day and rise to 3 million barrels per day the follo... #OilEmbargo #RussianOil #RussianOilBan
The US Congress has approved an embargo on energy from Russia. The US Congress has voted to tighten sanctions against Russia, backing an embargo on Russian energy and depriving Russia of its trading partner status, reported Reuters. The Senate unanimously voted ... #BanonrussianOIl #Embargo #RussianOil #UScongress
MEPs demand a full embargo on Russian oil, coal, nuclear fuel, and gas imports. The European Parliament expressed indignation over reported atrocities by the Russian armed forces and demanded that perpetrators of war crimes be held accountable. A resolution including this demand ... #Embargo #MEP #RussianOil #СанкціїРосіі
The EU may impose an embargo on Russian oil and gas. EU ambassadors plan to meet on April 6 to discuss a package of new sanctions against Russia in connection with Russia’s aggression against Ukraine, reported The Financial Times. Sanctions propos... #Embargo #EUandRUssia #OilEmbargo #RussianOil
Russia could end the year with a record surplus of $240B from energy exports. Due to record oil and gas prices, the main products of Russian exports, even with reduced energy sales, the aggressor state will receive about $321B in revenue. This is more than a third more than in ... #RussianGas #RussianOil #Sanctions
Russian oil companies have difficulties selling their products on the market. Zarubezhneft’s tender for the sale of six batches of Urals oil was unsuccessful, as none of the buyers responded to the offer. The total volume of oil offered for sale amounted to 600,000 tons ... #NobodyBuysRussianOil #RussianAgression #RussianOil #RussianOilSanctions
The US Congress is preparing a plan to block Russian oil and may approve $10B in aid to Ukraine. U.S. House Speaker Nancy Pelosi said Sunday that the House is studying legislation to ban Russian oil imports, and Congress intends to approve $10B in aid to Ukraine this week. “The House of Re... #RussianOil #RussianOilSanctions #UScongress #ussanctions
