Russian oil

Russian Federation

Norway's Equinor Confirms Trading Halt in Russian Oil

Norwegian state oil company Equinor said on Monday it will stop trading in Russian oil as the company shuts down operations in Russia following its invasion of …

Oil&Gas Drilling

Shale Drilling Climbs Most in Month as Biden Calls for More Oil

Shale explorers returned to growth mode this week, adding the most rigs in a month as the Biden administration calls on them to unleash more crude to offset a b…

Russian Federation

Renewable Energy Could Benefit from US Ban on Russian Oil

President Biden’s Executive Order banned the import of oil, liquefied natural gas and coal from Russia.

Crude Oil

Reluctance to Buy Russian Crude Could Cause Long-Term Output Problems

Standard Chartered: continuing consumer reluctance to buy from Russia and shortages of capital, equipment, and technology will impact Russian oil output.

Crude Oil

Canada Looking at Boosting Oil Pipeline Flows to U.S., Minister Says

Canada is studying ways to increase pipeline utilization to boost crude exports as Europe seeks to reduce its dependence on Russian oil, the country's natural r…

Crude Oil

Norway's Equinor Halts Trading Russian Oil

Norwegian state oil company Equinor has stopped trading Russian oil as it winds down operations there in the wake of Moscow's invasion of Ukraine, Chief Executi…

Natural Gas

Gas Prices Jump in Wake of Biden's Ban on Russian Oil

The cost to fill up the gas tank has gone from bad to worse with the national average hitting a new record. President Biden warned Americans to expect to pay ev…

Crude Oil

UK to Phase out Russian Oil Imports by End of 2022

The UK Government has announced plans to phase out oil imports from Russia by the end of 2022 in response to Vladimir Putin’s illegal invasion of Ukraine.

Oil & Gas Trade

Biden Announces Ban on Russian Oil, Gas Imports to US

President Joe Biden announced Tuesday morning that the US would ban imports of #oil, natural gas and coal from #Russia. The British government also announced it…

Nuclear Power Plant

U.S. Ban on Russian Energy Imports Does Not Include Uranium

U.S. President Joe Biden's ban on American imports of Russian oil and other energy products, announced on Tuesday, does not include a ban on imports of uranium …

Crude Oil

U.S. Sanctions on Russian Oil to Leave More Cargoes at Sea with No Buyers

The U.S. ban on Russian oil and gas imports is likely to leave more cargoes at sea with no buyers.

Oil & Gas Trade

US and Europe Discuss Plans to Ban Russian Oil Imports, Blinken Says

US Secretary of State Antony Blinken is in Europe to co-ordinate with allies against Russia's military offensive in Ukraine. APThe US and European partners …

Oil Price

Crude Oil Surges on Russia Oil Embargo Risk

WTI is continuing to soar. U.S. Secretary of State Antony Blinken has signaled the Biden administration and its allies are discussing an embargo on Russian oil,…

Oil & Gas Trade

Ukraine: Workers Refuse to Unload Russian Oil from Ship

Workers are refusing to unload Russian oil from a German-flagged ship which is moored at a major British oil refinery.

Oil & Gas Trade

Hundreds of NGOs Call for Import Ban on Russian Oil, Gas

Hundreds of civil society groups and NGOs Friday called on governments worldwide to "reject and ban any import of fossil fuels from Russia" in order to cut off …