ban | Egypt Oil & Gas

EU Opposes US Threat to Halt Diesel Exports Over Fuel Stocks

The European Union (EU) has opposed a US threat to suspend diesel exports to the bloc unless European countries release additional fuel from their reserves, warning that such a move could undermine energy cooperation ...

Russia Extends Diesel Export Ban Until September 30

Russia has extended its ban on diesel exports until September 30 as the country seeks to stabilize its domestic fuel market, Reuters reported, citing the Russian government. The extension also applies to exports of ma...

EU to Unveil Strategy to End Russian Natural Gas Imports by Late 2027

The European Union (EU) will announce a plan to prohibit new Russian natural gas agreements by the end of this year and gradually terminate current contracts with Moscow by the close of 2027, according to three EU off...

US Bans Oil Imports from Russia

US President Joe Biden declared a ban on oil and other energy imports from Russia in retaliation for its invasion of Ukraine, Reuters reported. “We’re banning all imports of Russian oil and gas energy,” Bi...

U.S., Europe Consider Ban on Russian Oil Imports

The US and its European allies have entered into ongoing discussions to ban imports of Russian oil, Reuters reported in reference to a statement by US Secretary of State Antony Blinken. According to Reuters, the White...

West African Banned “Dirty Fuels” Imports

Five West African countries have announced measures to end the practice of European oil companies and traders exporting “dirty diesel”, The Guardian reported. Swiss commodity traders were accused in a report published...

Exxon Mobil Records First US Crude Export

After a 40-year ban on US oil exports was lifted, Exxon Mobil Corporation became the first major American oil company to export crude oil trying to ease the crisis in the oil market in the US, together with other oil ...

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