Page 4 - Russia Oil Production
Ukraine war: US, EU announce new partnership to undercut Russian energy
The US and European Union announced a new partnership to reduce the continent's reliance on Russian energy, the start of a years-long initiative to further isolate Moscow after invasion of Ukraine.
 "Ukraine war: US, EU announce new partnership to undercut Russian energy")
Ukraine war: EU agrees on Russia sanctions so far, but energy divides
The European Union preserved a sense of rarely seen unity through four rounds of unprecedented sanctions against Russia over its invasion of Ukraine
 "Ukraine war: EU agrees on Russia sanctions so far, but energy divides")
Russian tycoons now $8.3-billion richer as stock trading resumes
Scores of Russian billionaires got sanctioned by the EU and the UK after the Kremlin started its war against Ukraine
 "Russian tycoons now $8.3-billion richer as stock trading resumes")
'Sanctions on Russia may result in impairment losses for ONGC, others'
Indian companies' value of investments in Russia's oil and gas fields could be impaired as import bans and international sanctions may constraint future cash flow generating capacity: Moody's
 "'Sanctions on Russia may result in impairment losses for ONGC, others'")
Oil prices steady as Western leaders meet over Ukraine crisis
Benchmark Brent was up 0.3% at $121.95 a barrel by 1111 GMT, after falling by close to $2 earlier in the session
 "Oil prices steady as Western leaders meet over Ukraine crisis")
Indian Oil buys 3 mn barrels of Russian Urals for May loading: Report
Indian Oil Corp, the country's top refiner, on Wednesday bought 3 million barrels of Russian Urals and 2 million barrels of West African oil through a tender for May loading
 "Indian Oil buys 3 mn barrels of Russian Urals for May loading: Report")
Putin asks 'unfriendly countries' to purchase Russian oil, gas in rubles
In an effort to prop up the value of the ruble that plunged post the massive sanctions, Russia's Putin announced that the "unfriendly countries" must use rubles to buy the Russian oil and gas.
 "Putin asks 'unfriendly countries' to purchase Russian oil, gas in rubles")
Indian Oil buys 3 million barrels of Urals for May loading: Report
Urals crude has been purchased from trader Vitol on delivered basis at a "discount", they said
Nayara Energy buys Russian Urals crude after gap of 1 year: Report
Indian private refiner Nayara Energy, part-owned by Russia's Rosneft, has purchased Russian oil after a Urals a year, buying about 1.8 million barrels of Urals from trader Trafigura
Oil prices decline as traders weigh prospect of EU ban on Russian oil
Oil prices retreated on Tuesday after a jump in the prior session, as traders are weighing the prospect of a European Union (EU) ban on imports of Russian oil
 "Oil prices decline as traders weigh prospect of EU ban on Russian oil")
Ukraine war: French energy giant TotalEnergies to stop buying Russian oil
French energy giant TotalEnergies said it has decided to halt all its purchases of Russian oil and petroleum products by the end of 2022 at the latest.
EU split on Russia oil sanctions over Ukraine invasion, mulls other steps
The European Union's foreign ministers disagreed on Monday on whether and how to slap sanctions on Russia's lucrative energy sector over its invasion of Ukraine
Crude price settles up more than 7% as EU mulls Russian oil ban
Oil prices settled up more than 7% on Monday, with global benchmark Brent climbing above $115 a barrel
 "Crude price settles up more than 7% as EU mulls Russian oil ban")
'India's import of Russia oil less than 1% of total; share from US to rise'
In the financial year 2020-21 (April 2020 to March 2021), India imported 14 million tonnes of crude from the United States, representing 7.3 per cent of total imports
 "'India's import of Russia oil less than 1% of total; share from US to rise'")
EU must impose sanctions on Russian oil, ministers tell divided bloc
Whether to target Russian oil, as the United States and Britain have done, is a tough and divisive choice for the 27-nation EU, which relies on Russia for 40% of its gas
Oil prices up more than $6 as European Union considers Russian oil ban
Brent crude futures were up $6.52, or 6%, at $114.45 a barrel by 1442 GMT, adding to a 1.2% rise on Friday
 "Oil prices up more than $6 as European Union considers Russian oil ban")
Oil prices jump again as European Union considers Russian oil ban
Brent crude futures were up $3.40, or 3.2%, at $111.33 a barrel by 0958 GMT, adding to a 1.2% rise last Friday
Global stocks ease as Ukraine fighting rages on, oil prices climb
Most share markets rallied last week in anticipation of an eventual peace deal on Ukraine, but it could take actual progress to justify further gains
 "Global stocks ease as Ukraine fighting rages on, oil prices climb")
Not just oil and gas: 32 nations rely on Russia for nuclear power
The Biden administration reportedly is considering nuclear sanctions on Russia
 "Not just oil and gas: 32 nations rely on Russia for nuclear power")
Cutting oil demand likely to hurt Russia but could ease supply crisis
The IEA is also extremely worried about an impending oil supply crisis
 "Cutting oil demand likely to hurt Russia but could ease supply crisis")
