Crude Oil

Oil & Gas
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
Shell Sorry for Buying Russian Crude
Oil major Shell on Tuesday apologised for buying a cargo of Russian crude oil last week, a decision which was made with the security of supplies in mind and gui
Oil & Gas
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
Germany Says It Won't Stop Buying Russian Energy Despite Moscow’s War in Ukraine
Germany will continue to buy natural gas, oil and coal from Russia despite Vladimir Putin’s aggression against Ukraine, the government in Berlin said Monday.
Oil & Gas
Shell to Buy Russian Crude and Use Profits to Help Ukraine
Shell, Europe’s largest oil company, said Saturday that it would probably continue to buy Russian crude oil to feed into its refineries and supply customers wi
Coal
China Scrambles to Ensure Energy Security as Commodities Soar
China plans to increase its crude oil, natural gas, and coal production, boost reserves of energy commodities, and keep stable imports to ensure its energy secu
Oil & Gas
China Confident of Ensuring Energy Supply Despite Challenges
China’s government is capable of supplying sufficient energy despite serious challenges as it will step up production capacity and boost reserves to keep price
Oil & Gas
Shell Defends Decision to Buy Discounted Oil From Russia
Oil major Shell has sought to defend its decision to buy a heavily-discounted consignment of oil from Russia, saying it would commit the profits to a fund dedic
Oil & Gas
Elon Musk: “We Need to Increase Oil & Gas Output Immediately”
Elon Musk, CEO of Tesla, has shared some thoughts on Twitter about the current situation with oil and gas and Russia.
Oil & Gas
U.S. Gasoline Prices Soar to Highest Since 2008 on Russia Conflict
U.S. gasoline prices at the pump jumped 11% over the past week to the highest since late July 2008 as global sanctions cripple Russia’s ability to export crude
Oil & Gas
Shell Defends 'Difficult' Decision to Buy Russian Crude Oil
Shell has defended its decision to purchase Russian crude oil despite the invasion and bombardment of Ukraine.
Oil & Gas
Treasury Department Assures Wall Street It Can Still Trade Russian Oil and Gas
The U.S. Treasury Department clarified Friday afternoon that Wall Street’s traders and banks can continue to buy and sell Russian oil and gas.
Oil & Gas
Japan to Release 7.5 Mil Barrels Oil From Private Reserves in IEA's Joint Efforts
Japan expects to release 7.5 million barrels of oil from privately held reserves.
Oil & Gas
Clean Energy Broke Records in 2021 but Still Can’t Catch up with Oil and Gas
The US is way off track from meeting clean energy goals.
Oil & Gas
Oil Demand to Take a Severe Hit if Russia’s War in Ukraine is Prolonged
War in Ukraine could result in as much as 1 million barrels per day (bpd) of oil demand being removed from the global market, research by Norway’s energy intel

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Turkmenistan Expands Oil Production at Uzynada Field

Crude Oil

UK to Phase out Russian Oil Imports by End of 2022

Shell Sorry for Buying Russian Crude

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

Germany Says It Won't Stop Buying Russian Energy Despite Moscow’s War in Ukraine

Shell to Buy Russian Crude and Use Profits to Help Ukraine

China Scrambles to Ensure Energy Security as Commodities Soar

China Confident of Ensuring Energy Supply Despite Challenges

Shell Defends Decision to Buy Discounted Oil From Russia

Elon Musk: “We Need to Increase Oil & Gas Output Immediately”

U.S. Gasoline Prices Soar to Highest Since 2008 on Russia Conflict

Shell Defends 'Difficult' Decision to Buy Russian Crude Oil

Treasury Department Assures Wall Street It Can Still Trade Russian Oil and Gas

Japan to Release 7.5 Mil Barrels Oil From Private Reserves in IEA's Joint Efforts

Clean Energy Broke Records in 2021 but Still Can’t Catch up with Oil and Gas

Oil Demand to Take a Severe Hit if Russia’s War in Ukraine is Prolonged

Turkmenistan Expands Oil Production at Uzynada Field

Russia’s Rosneft Reports 70% Fall In 9-Month Net Income

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