G7 | Egypt Oil & Gas
G7 Unveils 100 mmbbl Reserve Release to Ease Energy Market Pressures
The Group of Seven (G7) nations will coordinate the release of 100 million barrels (mmbbl) of diesel and other energy reserves through the International Energy Agency (IEA) to help stabilize global energy markets, Reu...
G7, EU Weigh Full Ban on Maritime Services for Russian Oil Exports
The Group of Seven (G7) nations and the European Union (EU) are discussing a full ban on providing maritime services for Russian oil exports. This move would replace the existing price cap mechanism in an effort to fu...
G7-Led Coalition Sets Price Cap on Russian Oil Products
The Group of Seven wealthy nations (G7), the European Union and Australia have set price caps for Russian diesel and other refined petroleum products in order to maintain market supply while reducing Moscow’s in...
G7 to Assess Level of Price Cap on Russian Oil in March
According to the U.S. Treasury, the Group of Seven officials have decided to evaluate the level of the price cap on Russian oil exports in March rather than January, as initially anticipated, in order to give the mark...
G7 May Restrict Russian Oil Shipments
If Moscow doesn’t heed a price cap, the wealthy nations of the Group of Seven (G7) are considering, among other things, to restrict the shipping of Russian oil to deprive Moscow of bumper revenues during its inv...
G7 Leaders Make Progress in Discussions to Cap Russian Oil Ahead of G7 Summit
A German government official said that just before the start of the annual three-day G7 summit on Saturday, the leaders of the Group of Seven rich democracies had “very constructive” discussions about poss...Page 1 of 1
