Latest news
.jpg)
Six EU countries call for lowering of G7 price cap on Russian oil
Six European Union countries on Monday called on the European Commission to lower the $60 per barrel price cap put on Russian oil by G7 countries, arguing it would reduce Moscow's revenues to continue the war in Ukraine while not causing a market shock.
read more... 14/01/2025
Equinor postpones start of Arctic Castberg oilfield to early 2025
Norway's Equinor said on Tuesday that the startup of its Arctic Johan Castberg oilfield has been postponed to January or February from the end of 2024 due to adverse weather conditions in the Barents Sea.
read more... 10/12/2024
Russian Oil Supply via Druzhba Pipeline to Czech Republic Remains Halted
Crude oil supply from Russia to the Czech Republic via the Druzhba pipeline remained halted on Thursday, a spokesperson for Czech refiner Unipetrol told Reuters.
read more... 06/12/2024
The flow of Russian oil through the Druzhba pipeline to the Czech Republic is still suspended.
Crude oil deliveries from Russia to the Czech Republic through the Druzhba pipeline remained suspended on Thursday, according to a spokesperson from Czech refiner Unipetrol who spoke to Reuters.
read more... 06/12/2024
OPEC+ Prepares for Three-Month Extension of Cuts
OPEC+ is discussing an extension of its production cuts until the end of the first quarter of 2025, Reuters has reported, citing unnamed sources from the group.
read more... 03/12/2024