How much of Europe’s oil and gas still comes from Russia?
In 2021, Russia supplied the EU with 45 percent of its gas and 27 percent of its oil. By 2024, these values dropped to 19 percent and 3 percent, respectively.
France detains Russian ‘shadow’ tanker to disrupt war in Ukraine
Moscow has called France’s detention of the ship, and arrest of the captain, an act of piracy.
Ukraine strikes choke off Russian oil exports and fuel supplies
Evidence mounts that Ukraine's two-pronged approach is working. Russian regions are short of fuel and export revenues are suffering.
EU hits Russian oil, shadow fleet with new sanctions over Ukraine war
European Union says move amounts to one of the strongest sanctions packages against Russia to date linked to the war.
Germany says further sanctions against Russia must target right people
Further sanctions against Russia need to target the right people, German Foreign Minister Heiko Maas said on Wednesday, adding that cancelling the Nord Stream 2 gas pipeline would merely push Russia closer to China.
UPDATE 1-Russia says it has paid Belarus full compensation for tainted oil -RIA
Russia’s ambassador to Belarus said on Wednesday that Moscow had fully compensated Minsk for the 2019 contaminated oil crisis, Russian news agencies reported, a statement that Belarus subsequently questioned.
Worried about weak oil demand, OPEC pledges action
OPEC and allied producers on Monday pledged action to support the oil market as concerns mounted that a second wave of the COVID-19 pandemic will hobble demand and an earlier plan to raise output from next year would further depress prices.
Russia's Gazprom Neft sees oil demand returning to pre-crisis levels in second-half 2021
The chief executive of Russian oil producer Gazprom Neft SIBN.MM said he expects global oil consumption to return to pre-crisis level in the second half of 2021, slightly later than the energy ministry's forecast for the second quarter.
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