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Britain opens nuclear fuel fund with aim to cut reliance on Russia

Britain said on Monday its 75-million-pound ($90.5 million) fund aimed at helping boost domestic production of nuclear fuel for power plants and cutting reliance on Russian uranium supplies was now open for applications.

read more... 02/01/2023

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Germany Stops Importing Oil From Russia Via Pipeline

Germany halted imports of Russian oil via pipeline on January 1, following through on a previous pledge to stop buying Russian pipeline crude despite the fact that the EU embargo exempts pipeline flows from Russia to Europe.

read more... 02/01/2023

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Poland ready for Russian oil ban

Poland is prepared for a Russian ban on oil sales to countries implementing a price cap, the climate minister said on Thursday, with the country having cut its intake of Russian crude and secured alternative supplies from producers such as Saudi Arabia.

read more... 30/12/2022

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Putin bans Russian oil exports to countries that implement price cap

President Vladimir Putin on Tuesday delivered Russia's long-awaited response to a Western price cap, signing a decree that bans the supply of crude oil and oil products from Feb. 1 for five months to nations that abide by the cap.

read more... 28/12/2022

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Daily (26.12.2022): Oil prices rose on Friday amid concerns of decreasing Russian supply

Oil prices were bullish on Friday amid signals of decreasing Russian supply which outweighed concerns for rate hikes in the US and China’s Covid19 uncertainty. Consequently, Brent crude increased by 3.6% to $83.92 a barrel and WTI oil ended 2.6% higher at $79.56 a barrel.

read more... 26/12/2022

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