Britain added Egypt's Zohr gas field to a list of projects exempt from its Russia sanctions on December 18, according to Reuters. The exemption applies to the Mediterranean field where Russian oil major Rosneft ho ...
India’s imports of Russian crude oil are set to exceed 1 million barrels per day (mmbbl/d) in December, according to trade and refining sources, bucking earlier expectations of a sharp drop as refiners resume purc ...
The European Union (EU) has imposed new sanctions on Russian oil interests, targeting traders and shipping networks accused of helping Moscow bypass Western restrictions on crude exports that fund its war in Ukrai ...
The Group of Seven countries (G7) and the European Union (EU) are discussing replacing the existing price cap on Russian oil with a full ban on providing maritime services for Russian oil exports, to further reduc ...
Iraqi oil ministry officials said that ExxonMobil has reached out to express interest in acquiring Lukoil’s majority share in the massive West Qurna 2 oilfield, Reuters reported.
Russia is exploring opportunities to increase oil exports to China and deepen cooperation on liquefied natural gas (LNG), Deputy Prime Minister Alexander Novak said Tuesday during a Sino-Russian business forum in ...
US oil giant Chevron is reviewing potential opportunities to acquire international assets owned by sanctioned Russian producer Lukoil, five sources told Reuters on November 17. This move follows a US Treasury waiv ...
The US Treasury issues licenses to allow the sale of Lukoil's foreign assets and exempts Bulgaria's Burgas refinery from sanctions to safeguard partner energy security.
Lukoil’s sale to Gunvor is blocked by the US Treasury, raising pressure as the Nov 21 sanctions deadline nears. Industry analysts predict Lukoil may be compelled to sell its international assets at deep discounts ...
Russian oil giant Lukoil plans to sell its international assets following the imposition of new restrictive measures against the company and its subsidiaries. Lukoil has begun reviewing bids from potential buyers ...
