OIL

Tycoon urges Russia to meet US energy threats head-on
Business

Tycoon urges Russia to meet US energy threats head-on

Washington previously vowed to halve Moscow’s energy revenues by 2030 Oleg Deripaska (left), co-founder of En+ and Rusal © Sputnik /…
Biden draining US strategic crude reserves – industry association
Business

Biden draining US strategic crude reserves – industry association

The emergency stockpile is currently at its lowest level since 1983 © Getty Images / Michael Ciaglo / Stringer The repeated…
West takes new step to tighten Russian oil sanctions – Reuters
Culture

West takes new step to tighten Russian oil sanctions – Reuters

The US and its allies are reportedly pressuring several countries to ensure Russian tankers don’t sail under their flags © Getty…
OPEC+ to extend oil output cuts
Business

OPEC+ to extend oil output cuts

The voluntary reductions are intended to stabilize falling crude prices © Getty Images / Bloomberg Creative The OPEC+ group of major…
Another BRICS member to join OPEC+
Business

Another BRICS member to join OPEC+

Brazil will become part of the alliance of major crude exporters in January, the country’s energy minister has revealed  …
US vows to halve Russia’s energy revenues by 2030
Business

US vows to halve Russia’s energy revenues by 2030

Washington is committed to its sanctions policy, a senior official has told the FT ©  Getty Images/Leonid Ikan Washington will…
US court backs 1990s Russian oligarchs
Business

US court backs 1990s Russian oligarchs

The former owners of the defunct oil major Yukos are seeking $50 billion from Moscow © Getty Images / Oleg Nikishin…
EU state’s sole refinery at risk of shutdown – Lukoil
Business

EU state’s sole refinery at risk of shutdown – Lukoil

The energy titan has denounced Bulgaria’s decision to scrap its exemption from an EU ban on Russian oil imports ahead…
Western sanctions on Russian oil not working – Bloomberg
Business

Western sanctions on Russian oil not working – Bloomberg

Moscow is selling crude above the $60-a-barrel price cap, according to data © Getty Images / Paul Russell The price limit…
End ‘magical thinking’ about defeating Russia – US experts
World

End ‘magical thinking’ about defeating Russia – US experts

Analysts at the Carnegie Endowment for International Peace have conceded it’s unrealistic to expect Moscow to lose the Ukraine conflict…
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