Tag Archives: Russia

Russian Sakhalin Energy wants to increase long-term contract prices, threatening to drive up energy costs in South Korea and Japan. Sakhalin Energy sees a tighter gas market now than it did earlier. Accordingly, the talks in North Asia began late last year as part of a regular price review that …

Russia’s reliance on four, mainly Asian, countries to import its coal has increased since some countries implemented sanctions against Russia after it invaded Ukraine, according to Global Trade Tracker data. This trade shift corresponds with increased coal exports from the United States to Europe and EU sanctions that went into …

Ukrainian forces conducted a drone attack on Russia’s largest Baltic port over the weekend. The operation, which used two long-range drones, resulted in a massive fire at Novatek’s gas terminal with all staff evacuated. Four tankers were moored at the port at the time of the attack. They quickly left …

Russia leapfrogged Saudi Arabia to become China’s top crude oil supplier in 2023, data showed on Saturday, as the world’s biggest crude importer defied Western sanctions to purchase vast quantities of discounted oil for its processing plants. Russia shipped a record 107.02 million metric tons of crude oil to China …

The Russian energy giant Gazprom announced on Saturday that it set a new record for daily gas deliveries to China on Jan. 12. “The supply via the Power of Siberia gas pipeline has again exceeded the company’s daily contractual obligations,” the company said in a statement, without specifying how many …

Russia was on pace for a second year of record oil drilling in 2023, further evidence of the nation’s resilience to Western sanctions. The boom in activity came alongside a recovery in the both volume and value of Russia’s oil exports, a stark illustration of how the country’s fossil fuel …

A surge in fuel oil exports pushed Russia’s refined petroleum product shipments in the four weeks to December 31 to the highest level in eight months, data from Vortexa compiled by Bloomberg showed on Friday. Russian oil product exports averaged nearly 2.7 million barrels per day (bpd) in the four …

The U.S. and its key allies on the West and the East continue to tighten the noose around Russian exports of oil and gas and with them, the ability to finance its ongoing invasion of Ukraine and to support Iranian attempts to widen the rolling Israel-Hamas War. Several new agreements …

India’s crude oil imports from its largest supplier Russia plunged in December to their lowest since January 2023, as six tankers carrying Sokol grade oil could not deliver due to payment issues amid tightening sanctions, according to data intelligence company Kpler. After rising to an all time record of 2.15 …

In the face of international scrutiny, India has staunchly defended its substantial purchases of Russian crude oil since the onset of the Ukraine war. A recent report from a parliamentary panel highlighted that all import deals were executed within the scope of Western sanctions imposed on Moscow for its involvement …