Russia’s Seaborne Fuel Oil, VGO Exports Decline 6% in May Amid Ukraine Strikes

• Tuesday, 23rd June 2026
• by Fatma Ahmed

Russia’s seaborne exports of fuel oil and vacuum gasoil (VGO) declined by around 6% month-on-month (MoM) in May to 3.2 million metric tons, as Ukrainian drone strikes on energy infrastructure disrupted production and ...

U.S, EU Tighten Pressure on Russia with Oil, LNG Sanctions

• Thursday, 23rd October 2025
• by Fatma Ahmed

U.S. President Donald Trump announced on Wednesday Ukraine-related sanctions for the first time in his second term, blacklisting Russian oil major companies Lukoil and Rosneft amid growing frustration with President V...

Libya’s Official Government Can’t Sell Oil Directly

• Sunday, 14th June 2015
• by Egypt Oil & Gas

Libya’s official government, based in the east since fleeing the capital, has so far failed to sell oil by itself, despite setting up a Dubai bank account and new central bank unit, industry and banking sources ...

Libya’s War Rages but Eni Refuses to Step Out

• Wednesday, 8th April 2015
• by Egypt Oil & Gas

Italian energy giant Eni SpA has emerged in recent weeks as the only international oil company still pumping near capacity in war-torn Libya, helped by protection from militias and tribes secured by its local partners...