Over 20% of the world’s oil refining capacities are now under threat of closure due to a combination of declining profitability in gasoline and increasing pressure to reduce carbon emissions.…
ENERGY
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ENERGY
Russian Oil Firms Face Payment Delays Amid Increased Banking Scrutiny from China, UAE, and Turkey
Russian oil firms are encountering significant delays in receiving payments for crude oil and fuel, with banks in China, Turkey, and the United Arab Emirates (UAE) exercising heightened caution due…
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ENERGY
Call for Accountability: Expelling Rosatom from the UN Global Compact Amid Allegations of Human Rights Violations
The persistence of business relations and agreements with Russia’s “Rosatom” nuclear energy company, despite serious allegations including risks to life, threats to security, property damage, and environmental hazards such as…
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ENERGY
Gunvor: Russia Loses Nearly 600 Thousand Barrels a Day Due to Ukrainian Strikes on Refineries
In a recent report by Gunvor, and as reported by Bloomberg, it was revealed that approximately 600 thousand barrels of daily oil refining capacity in Russia were knocked offline as a…
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This week marks the second anniversary of the successful emergency synchronisation of Ukraine and Moldova’s electricity grid to the Continental European Network. An EU spokesperson said the operation “is a very…
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The Russian state-owned company Rosatom is actively promoting the contract with Uzbekistan for the construction of a nuclear power plant near Lake Tuzkan in the Jizzakh region. Rosatom, the sanctions…
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OPINIONENERGY
Rosatom: France Could Lead in the Sanctions Against the Russian Nuclear Sector, Writes Andrii Chubyk
The Board of Governors of the International Atomic Energy Agency (IAEA) passed on March 8th, 2024 a resolution drafted by Ukraine regarding nuclear safety, security, and safeguards in Ukraine, with…
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In response to heightened sanctions from the United States, Russia has redirected its fleet of oil tankers away from Liberian and Marshall Islands flags, opting instead to register them under…
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Despite facing Western sanctions, Russian Oil and Gas Revenues surged by over 80% in February compared to the previous year, exceeding $10 billion. This significant increase was driven by rising prices…
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In today’s world, where energy resources serve as a linchpin for economic development and geopolitical leverage, Russia holds a pivotal role in the LNG export domain. Over recent years, there…