oil

EU is systematically working to get rid of dependence on Russian oil and gas - von der Leyen Against the backdrop of the war waged by the Russian Federation against Ukraine, the European Union is making systematic efforts to get rid of its dependence on Russian energy, including oil and gas. 24.05.22 13:00 1 193 11 Previously in trend: Sanctions against Russia War

PO on sixth EU sanctions package: Hungary still blocks embargo on Russian oil Hungary continues to block the adoption of the sixth package of European Union sanctions against the Russian Federation regarding the oil embargo. 23.05.22 19:29 3 156 19 Previously in trend: Sanctions against Russia

Kuleba on possibility of imposing oil embargo on Russia: There is very cautious optimism Resolving the oil embargo in the European Union is near. At the same time, the EU is working on Russian gas. 13.05.22 16:41 2 400 7 Previously in trend: Sanctions against Russia War

Siyarto said there had been "some progress" in negotiations with EU on an oil embargo Hungarian Foreign Minister Peter Siyyarto said there had been some progress in negotiations with the EU on an oil embargo on Russian oil. The Foreign Minister stated that more needs to be done to change Budapest's position. 10.05.22 14:47 5 397 20 World

Decisions on oil embargo can be made within 24 hours, - Stefanishyna Kyiv expects that in less than 24 hours the European Union will decide on an embargo on Russian oil. 09.05.22 19:22 3 660 9 World

G-7 countries pledge to phase out Russian oil imports - official statement The G7 countries have committed themselves to phasing out or banning imports of Russian oil 08.05.22 19:59 6 337 10 Previously in trend: Russian aggression against Ukraine Sanctions against Russia War

EU will find compromise on oil embargo: Hungary's rhetoric is attempt to "knock out" preferences, - Lithuanian Foreign Minister Landsbergis According to Lithuanian Foreign Minister Gabrielius Landsbergis, the search for compromises in the European Union on the Russian oil embargo will be successful: Hungary's basic needs will be met and a single EU sanctions policy will be maintained. 05.05.22 13:14 3 697 19 Previously in trend: Sanctions against Russia

European Commission has unanimously approved proposal to EU Council for sixth package of sanctions against Russia The official representative of the European Commission (EC) Eric Mamer said that the EC proposal submitted to the EU Council on the sixth package of sanctions against Russia was unanimously approved by members of the EU Executive Board. 04.05.22 16:02 6 061 8 Previously in trend: Sanctions against Russia

Germany is ready for embargo on Russian oil - Minister of Economy Germany is prepared for an embargo on oil from Russia, said German Economy Minister Robert Habek. 04.05.22 15:09 2 457 11 World

New EU sanctions will affect oil imports from Russia, - said Michel, President of European Council The European Union's new sanctions on Russia will include measures against Russian oil supplies. 03.05.22 18:33 3 294 6 Previously in trend: Sanctions against Russia

Germany encourages EU to give up Russian oil under sixth package of sanctions, - Foreign Minister Burbock According to German Foreign Minister Annalena Burbock, the country supports the EU's oil embargo against Russia. 02.05.22 08:53 3 252 17 Previously in trend: Sanctions against Russia

During war, Russia's revenues from sale of energy to EU countries almost doubled - Finnish Center for Energy and Clean Air Research As of February 24, exports of fossil fuels from Russia by sea and pipelines are estimated at 63 billion euros, 71% of this amount (44 billion) is accounted for by the European Union. 28.04.22 14:17 15 113 65 Previously in trend: Sanctions against Russia

Germany will abandon Russian oil by end of year - Burbock German Foreign Minister Annalena Burbock has said that Berlin will abandon Russian oil by the end of this year. Then, within the framework of the EU road map, there will be a refusal of gas from the Russian Federation. 20.04.22 19:19 3 586 20 Previously in trend: Sanctions against Russia

EU is working on potential sanctions against Russian oil sector, - said representative of European Commission Mamer The European Union does not rule out the possibility of imposing additional sanctions against Russia, in particular on oil imports from Russia. 19.04.22 15:36 1 880 9 Previously in trend: Sanctions against Russia War

Hungary will not support sanctions against Russian gas and oil and will not allow arms to be supplied to Ukraine through its territory, - Siyarto Hungary will not join European Union sanctions against Russian oil and gas. 19.04.22 14:31 23 113 163 Previously in trend: Sanctions against Russia War

Oil embargo is planned in sixth package of EU sanctions against Russia, - Iermak The head of the President's Office Andrii Iermak noted that an oil embargo is planned in the sixth package of European Union sanctions against Russia. 17.04.22 15:00 5 804 35 Previously in trend: Sanctions against Russia

Zelensky criticized countries that keep buying Russian oil: "They make money on other people's blood" Ukrainian President Volodymyr Zelensky accused European countries, which continue to buy Russian oil, of "earning on other people's blood". 14.04.22 20:21 3 279 22 Previously in trend: War

Number of EU countries are still strongly against embargo on Russian oil, - Lithuanian Foreign Minister Landsbergis Some EU countries strongly opposed the move during talks on an embargo on oil supplies from Russia. 13.04.22 13:51 8 935 16 Previously in trend: Sanctions against Russia

Even after atrocities of armies of Russian Federation in Bucha some EU countries can't decide on restriction on purchase of Russian energy, - Zelenskyi President Volodymyr Zelenskyi has criticized European leaders who have not yet imposed an energy embargo on Russia. He stressed that even the atrocities in Bucha didn't force the EU to take this step. 12.04.22 11:55 3 248 30 Previously in trend: Sanctions against Russia War

All world companies must stop being sponsors of barbaric Russia, - Zelenskyi During his speech before the South Korean parliament, President of Ukraine Volodymyr Zelensky called on all countries of the world, as well as world companies, to sever all ties with Russia. This is especially true for the oil industry. 11.04.22 13:16 1 877 16 Previously in trend: War

European Parliament supports immediate ban on imports of gas, oil, coal and nuclear fuel from Russia The European Parliament has called on the Council of the European Union to impose additional sanctions on Russia over the killings of civilians in Bucha. MEPs called for an immediate embargo on imports of gas, oil, coal and nuclear fuel from Russia. 07.04.22 16:22 21 823 78 Economics

Hungary won't support sanctions against Russian oil and gas. "It's red line," Szijjarto Hungary won't support any sanctions against Russian gas, oil, and nuclear energy, as it will be a "red line" for Budapest. 07.04.22 11:43 18 445 189 Previously in trend: Sanctions against Russia

Russian authorities say fire at oil depot in Belgorod began after attack by Ukrainian aircraft. VIDEO An oil depot is on fire in Belgorod, Russia. 01.04.22 08:06 79 798 240 Previously in trend: War

Podoliak called on international community to increase supplies of air defense systems to Ukraine Adviser to the President's Office Mykhailo Podoliak called on the international community to increase supplies to Ukraine of air defense systems and ammunition for jet systems, as well as to impose an embargo on oil imports from Russia and close ports for Russian ships. 23.03.22 11:22 13 137 151 Previously in trend: War

Belarus plans to buy 30% of oil via Ukraine - Lukashenko Belarusian President Alexander Lukashenko has said that Belarus plans to buy 30% of oil via Ukraine. 21.01.20 18:04 20 518 154 Economics

PGO, SFS conducting searches at BRSM-Nafta offices, - Lutsenko The Prosecutor General's Office (PGO) and the State Fiscal Service (SFS) are carrying out searches in the offices of BRSM-Nafta group of companies known as one of Ukraine's largest independent fueling station chains. 01.11.16 20:00 15 955 29 Ukrainian Politics

Ukraine’s budget to obtain funds from sold “Kurchenko’s oil" before end of the year, prosecutor general says Prosecutor General of Ukraine Yurii Lutsenko expects income from the sale of the so-called “Kurchenko’s oil” to be returned to the state budget by the end of 2016. The petroleum products were seized from fugitive Ukrainian businessman Serhii Kurchenko, a henchman to ex-President of Ukraine Viktor Yanukovych. 22.09.16 19:57 4 644 7 Previously in trend: Kurchenko’s shadow empire

Russia satisfied with current oil price, Putin says Russia is content with current oil price, although it could be a little higher. 05.09.16 21:12 49 634 177 World

Russia fails to persuade Iran to freeze oil output, - Reuters A global deal to freeze oil production could be signed in April and exclude Iran, which has the right to boost output after years of sanctions. 14.03.16 23:07 22 407 184 World

“Rolling storage”: US traders use railcars to store excess oil, - WSJ The U.S. is so awash in crude oil that traders are experimenting with new places to store it: empty railcars. 01.03.16 00:07 21 742 75 World

Plug-in cars may cause new slump in oil prices, - Bloomberg In the next two years, electric car industry may cause a new collapse of oil prices. 24.02.16 23:15 66 937 729 Economics

Russia's government mulls five percent cut in defense procurement spending: sources, - Reuters Russia's government is considering cutting spending on defense procurement this year by 5 percent, a move that would extend the budget squeeze to a sector that up to now has been immune from real cuts. 19.02.16 13:47 4 960 32 Previously in trend: Economic disaster

No agreement to freeze oil production reached by Iran, Iraq, Venezuela, and Qatar Oil Ministers of Iran, Iraq, Venezuela and Qatar could not come to an agreement on the freezing of oil production in 2016 at a meeting in Tehran Feb. 17. 19.02.16 00:02 20 395 117 Economics

Saudi Arabia "not prepared" to cut oil production The Foreign Minister of Saudi Arabia said on Thursday, after the top exporter agreed with Russia to freeze output if major rivals follow. 18.02.16 20:30 47 029 223 Economics

Share of Russia’s budget oil and gas revenues slumped from 70 to 45 percent, - PM Medvedev The share of the Russian federal budget revenues from oil and gas production fell from 70 to 45 percent. 05.02.16 23:03 22 628 167 Previously in trend: Economic disaster

Plunging oil prices could make world more peaceful, - Washington Post The global drop in oil prices may contribute to making the world more peaceful and cooperative. 29.01.16 22:13 31 028 98 Economics

Yatseniuk orders probe into possible collusion in oil market On Jan. 22, Prime Minister of Ukraine Arsenii Yatseniuk held a meeting on oil market pricing and quality of oil products. 22.01.16 16:48 7 792 58 Ukrainian Politics

World oil prices continue slumping: Brent traded $28.26 per barrel, WTI - $27.68 World oil prices have resumed falling at London and New York stock exchanges. 20.01.16 10:20 26 686 143 Economics

Russia's oligarchs lost $11 billion in just 10 days of oil price plummeting, - The Telegraph The gilded generation of Russia's richest men have suffered drastic losses during the market turmoil this year, hastening the end of an era of world dominance 19.01.16 00:03 40 916 187 Economics

Iran boosts oil production amidst nuclear sanctions lifting, - Associated Press Iran is aiming to increase its oil production by 500,000 barrels per day now that sanctions have been lifted under a landmark nuclear deal with the U.S. and EU. 18.01.16 18:43 33 445 178 Economics

MP Chornovol publishes draft parliamentary resolution on sanctions against Rosneft. DOCUMENT People's Front faction MP Tetiana Chornovol has published the text of the draft resolution submitted to the Verkhovna Rada of Ukraine to impose sanctions against Rosneft JSC and its subsidiaries in Ukraine. 18.01.16 23:21 28 411 41 Ukrainian Politics

Sberbank of Russia Head German Gref: “Oil era is over, we have lost” Speaking at the Gaidar Forum, Head of the Russian Sberbank Bank German Gref said that Russia appeared to be among the countries that "are losing". 15.01.16 16:23 275 389 913 Previously in trend: Economic disaster

Brent crude trades at $30.67 per barrel Oil price renewed the plunge on Friday after slight appreciation on Thursday against the backdrop of lifting of sanctions imposed against Iran. 15.01.16 10:32 10 700 83 Economics

Brent crude oil trades at $30 per barrel Brent crude oil price goes down on Thursday, trading near the mark of $30 per barrel in anticipation of oil supply increase, which should follow lifting of sanctions against Iran next week. 14.01.16 09:59 36 973 235 Economics

Brent dips below psychological threshold of $30 per barrel With the U.S. Department of Energy claiming growth of raw material stocks, crude oil prices sped up the decline: North Sea Brent crude was traded below its psychological mark of $30 a barrel for the first time since February 2004. 13.01.16 22:58 121 184 633 Economics

Low oil prices might last for decades, - Russian Economic Development Minister Ulyukayev The biggest threat for the Russian economy at the moment is that low oil prices can last for decades. 13.01.16 11:29 14 339 85 World

Brent plunges below $31 per barrel The price of Brent crude oil futures for delivery in February slumped below $31 per barrel. 12.01.16 09:59 137 524 641 Economics

Brent slumps by 2.15%, price of nickel and copper going down as well Oil and non-ferrous metals have fallen in price on Monday on the backdrop of the new fears over the Chinese economy prospects. The gold has gone up in price to a nearly two-month high. 11.01.16 10:50 81 945 477 Economics