#oilprice.com. × EU Development Bank Boosts Funding for Ukraine Gas Supply | OilPrice.com. The European Union's development bank has provided an additional $147-million grant to Ukraine’s state energy firm Naftogaz to secure natural gas supply following intensified Russian attacks on the cou
#Nov.13.2025
#oilprice.com. × Hungary’s MOL Moves to Acquire Stake in Sanctioned Serbian Refinery | OilPrice.com. Hungarian oil company MOL is negotiating to buy a significant stake in Serbia’s sanctioned, Russian-owned NIS refinery, which faces an imminent shutdown due to halted crude supply.
#Nov.13.2025
#oilprice.com. × Australia’s Conservative Opposition Ditches Net-Zero Goal | OilPrice.com. Australia’s Liberal Party has reversed its climate stance, pledging to scrap the nation’s net-zero and 2030 emissions targets if elected while remaining in the Paris Agreement.
#Nov.13.2025
#oilprice.com. × Norway’s Oil Industry Raises 2026 Investment Forecast | OilPrice.com. Energy operators offshore Norway have raised their 2026 investment forecast for oil and gas activities to $24.8 billion, driven by higher costs in field development, as the country plans a new licensin
#Nov.13.2025
#oilprice.com. × India’s Top Refiner Looks to Buy Non-Sanctioned Russian Crude | OilPrice.com. India's top refiner, Indian Oil Corporation, is seeking non-sanctioned Russian crude and looking to replace lost Russian supply with oil from the Americas and West Africa following new U.S. sanctions.
#Nov.12.2025
#oilprice.com. × U.S. Sanctions Widen Russia’s Crude Discount to $20 a Barrel | OilPrice.com. U.S. sanctions on Rosneft and Lukoil have caused the discount of Russia's Urals crude to benchmark Brent to widen to $20 per barrel, the highest level this year.
#Nov.12.2025
#oilprice.com. × Global EV Sales Jump 23% | OilPrice.com. Global EV and hybrid sales rose 23% year-on-year in October to 1.9 million units, with strong growth in China and Europe offset by a sharp U.S. decline following subsidy cuts.
#Nov.12.2025
#oilprice.com. × Putin and Tokayev to Discuss Gas Cooperation, U.S. Sanctions Fallout | OilPrice.com. Russian President Vladimir Putin and Kazakh President Kassym-Jomart Tokayev are meeting in Moscow this week to discuss gas cooperation and the impact of U.S. sanctions on Russian oil majors with operat
#Nov.11.2025
#oilprice.com. × U.S. Sanctions Push Indian Refiners Away From Russian Crude | OilPrice.com. Following U.S. sanctions on Rosneft and Lukoil, all but two Indian refiners have refrained from placing orders for Russian crude oil for December, prompting a pivot toward the Americas and the Middle E
#Nov.11.2025
#oilprice.com. × U.S. Sanctions Force Russian Move to Relinquish Control of Key Serbian Oil Asset | OilPrice.com. The Russian majority owners of Serbia’s sole refinery, NIS, are negotiating to cede control to a third party and have requested a U.S. license extension as sanctions halt crude supply and payment proce
#Nov.11.2025
#oilprice.com. × Sanctions and Ice Hinder Russia’s Arctic Oil Exports | OilPrice.com. Russia’s crude oil exports to Asia via the Northern Sea Route fell by 4.2% in 2025 as early ice and sanctions hindered Arctic shipping operations.
#Nov.11.2025
#oilprice.com. × Lukoil Declares Force Majeure at Huge Iraqi Oilfield After U.S. Sanctions | OilPrice.com. Russian oil giant Lukoil declared force majeure at Iraq's 400,000-bpd West Qurna-2 oilfield following new U.S. sanctions, which also led to Iraq halting payments and the collapse of Lukoil's planned $2
#Nov.10.2025
#oilprice.com. × Norway’s $2.1 Trillion Oil Fund Seeks Renewables Deals in U.S. | OilPrice.com. Norway's $2.1 trillion oil fund is actively seeking investment in US renewable energy assets and expanding its clean energy portfolio in Europe, despite potential political headwinds.
#Nov.10.2025
#oilprice.com. × Swedish Industrial Giants Bet Big on Small Modular Nuclear Reactors | OilPrice.com. Sweden’s leading industrial companies have partnered with Vattenfall to develop small modular reactors through a new joint venture, marking a major step in the country’s nuclear energy revival.
#Nov.10.2025
#oilprice.com. × India Races to Replace Russian Oil With U.S., Iraqi, and UAE Crude | OilPrice.com. India’s refiners are rushing to buy U.S., Iraqi, and UAE crude to offset losses from new sanctions on Russian oil exports.
#Nov.10.2025
#oilprice.com. × Trump Weighs Exempting Hungary From Russian Oil Sanctions | OilPrice.com. President Donald Trump told Hungarian Prime Minister Viktor Orbán that the US is considering exempting Hungary from Russian oil sanctions, a move that comes as Ukraine's President Volodymyr Zelenskyy t
#Nov.07.2025
#oilprice.com. × U.S. Sanctions on Russia Lead to Puzzling Oil Cargo Transfer Off India | OilPrice.com. An unusual, unconcealed ship-to-ship transfer of a Rosneft crude cargo between two sanctioned tankers off the coast of India is baffling market analysts following new U.S. sanctions on Russian oil prod
#Nov.07.2025
#oilprice.com. × Oil Prices Set to Extend Losing Streak as Floating Storage Soars | OilPrice.com. Record volumes of oil in floating storage are deepening concerns about a global supply glut and pushing crude prices lower despite emerging disruptions to Russian exports.
#Nov.07.2025
#oilprice.com. × Pirates Board Oil Tanker in Indian Ocean | OilPrice.com. Suspected pirates illegally boarded the Hellas Aphrodite oil tanker off the coast of Somalia on Thursday, prompting a warning from maritime security firms about renewed pirate activity in the region.
#Nov.06.2025
#oilprice.com. × Toothless EU Re-Export Ban on Russian LNG Kicks In | OilPrice.com. The re-export ban, passed back in June 2024, only targets Russian LNG cargoes passing through EU ports en route to Asia and other markets.
#Mar.28.2025
#oilprice.com. × Europe’s LNG Imports Hit Seasonal High | OilPrice.com. Europe is taking advantage of weak Asian demand for liquefied natural gas and has boosted its LNG imports to the highest level ever for this time of the year
#Mar.28.2025
#oilprice.com. × Russia’s Far East Crude Price Slumps as China’s State Refiners Cut Imports | OilPrice.com. Russia's ESPO crude blend has fallen to its lowest price since June 2024, flipping to a discount against international benchmarks, due to weakened demand from Chinese state-owned firms wary of U.S. san
#Mar.28.2025
#oilprice.com. × Just Stop Oil Hangs Up Orange Vests, Claiming Victory | OilPrice.com. After three years of attention-seeking behavior hurling tomato bisque at masterpieces and glue-sticking themselves to random surfaces, the UK’s most orange-vested climate troupe, Just Stop Oil, has dec
#Mar.27.2025
#oilprice.com. × India Turns Away Russian Oil Tanker As Sanctions Evolve | OilPrice.com. India moved on Thursday to deny entry to a Tanzanian-flagged tanker carrying Russian crude, signaling that New Delhi is ramping up scrutiny of vessels transporting oil from Russia
#Mar.27.2025
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