A Ukrainian soldier looks at flames after throwing a cocktail Molotovs during a self-defence … [+] civilian course on the outskirts of Lviv, western Ukraine, on March 4, 2022. – The Russia...
Tag: Rosneft
Germany Sees Independence in Rosneft Swoop: Energy Update
(Bloomberg) — Berlin is taking over Russian oil major Rosneft PJSC’s German oil refineries, part of a broader move to seize control of swathes of the economy as it tries to secure energy supplie...
Germany Takes Control of Oil Refineries Owned by Russia’s Rosneft
BERLIN—Germany took control of the German business of Russian oil giant Rosneft Oil Co. as Berlin races to safeguard its energy supplies before its planned ban on Russian oil imports kicks in later th...
Last Twenty Years Clarifies Call For Windfall Profits Tax.
Senator Bob Dole (Republican – Kansas) proposed a windfall profits tax tied to inflation circa 1980. Bettmann Archive When profits reported by oil and gas companies are big, they can be really b...
Putin Will Kill Russia’s Oil And Gas Economy And Ukraine Will Eventually Emerge Stronger
TOPSHOT – The mother of Ukrainian soldier Lubomyr Hudzeliak, who was killed during Russia’s invasion … [+] of Ukraine, mourns over his flag-draped coffin during his funeral at the Ly...
India in Talks to Increase Russian Oil Imports From Rosneft
(Bloomberg) — India is looking to double down on its Russian oil imports with state-owned refiners eager to take more heavily-discounted supplies from Rosneft PJSC as international buyers turn d...
Rerouting Russian Oil Would Require Dozens Of Supertankers — That Don’t Exist
Tankers gather off the coast of Thailand. Getty Before its war in Ukraine, Russia was producing about 11 million barrels per day of crude petroleum, about 10% of global demand. Since then, amid sancti...
In Night Raid, Choppers Blow Up Fuel Depot On Russian Soil Near Ukraine
At the Russian city of Belgorod, flames roil over fuel depots hit by rockets fired by attack … [+] helicopters. Video capture. It would sound like improbable fanboy fiction if there weren’t reco...
Western Oil Companies, Facing New Demands, Find It Easier To Exit Russia
Loren Steffy, UH Energy Scholar NOVOKUIBYSHEVSK, RUSSIA – MARCH 15: A general view of the Novokuibyshev Refinery owned by Rosneft … [+] oil company on March 15, 2012 in Novokuibyshevsk, Sa...
French Government Seizes Yacht Owned By Rosneft Chief Igor Sechin
Topline French officials on Thursday seized a yacht they believe is owned by Russian oil baron Igor Sechin, a close ally of Vladimir Putin, in the port of La Ciotat, a move that comes just a day after...
BP pays charge of $11B to offload 20% stake in Russia’s Rosneft
BP will offload its stake in Rosneft of just under 20% under pressure from the government, world media wrote. They have had a stake in the Russian state-owned oil giant for almost a decade. Rosneft ac...
BP to Exit 20% Stake in Russia’s Rosneft
Russia’s aggressions in Ukraine prompted reactions from companies such as BP and United Parcel Service as well as Norway’s sovereign wealth fund as the world continues to raise pressure on President V...
BP to Exit Its 20% Stake in Russian Oil Giant Rosneft
(Bloomberg) — BP Plc moved to dump its shares in oil giant Rosneft PJSC, taking a financial hit of as much as $25 billion by joining the campaign to isolate Russia’s economy. Most Read from Bloo...
BP Drops Nearly 20% Stake In Russian-Owned Oil Firm After Invasion Of Ukraine
Topline Following pressure from the British government, British Petroleum announced Sunday it would be exiting its 19.75% ownership of Rosneft, a Russian state-owned oil firm that supplies Russia with...
BP’s Rosneft Alliance Tested by U.K. Tough Talk on Russia
(Bloomberg) — The U.K. government has argued for some of the toughest possible sanctions on Russia. At the same time, BP Plc holds one of the single biggest foreign investments in the country. M...