Drone hits oil depot in Russia's Rostov Oblast
A fire broke out at an oil depot in the city of Proletarsk in Russia's Rostov Oblast following a drone strike overnight on Aug. 18, Governor Vasily Golubev reported.
Russian oil news
Ukraine's Russia incursion threatens secret efforts to halt energy strikes, WP reports
Ukraine's incursion into Russia is disrupting plans for indirect talks in Qatar on mutually halting strikes on energy infrastructure, the Washington Post (WP) wrote on Aug. 17, citing undisclosed official sources.
US oil group expands in Russia as Western rivals leave, FT reports
SLB, the world's largest oilfield services company, signed new government contracts and posted over 1,000 job postings in Russia within the last year.
Bloomberg: UAE bans Eswatini-flagged ships in further crackdown on Russian shadow fleet
The United Arab Emirates introduced a ban on ships bearing the flag of the African nation of Eswatini, signaling further restrictions on "shadow fleet" vessels carrying Russian oil, Bloomberg reported on Aug. 8.
Orban’s arguments crumble in Lukoil spat with Ukraine
The Hungarian government’s arguments against Ukraine’s sanctions on Russian oil company Lukoil are falling apart. Hungary accused Ukraine of “blackmail” and endangering its energy security after Ukrainian sanctions blocked Lukoil, Russia’s second-largest oil company, from transiting crude oil through the Druzhba pipeline in June. Hungary and Slovakia
Western companies continue insuring Russian oil tankers in spite of potential price cap violations, Reuters says
According to data seen by Reuters, five Western insurance companies have continued providing services to Russian oil tankers, despite concerns that most Russian oil is still being traded above the $60 per barrel price cap.
Oil depot in Belgorod Oblast hit by drones
The drones struck an oil depot in the region's Gubkinsky district, Governor Vyacheslav Gladkov said. The attack caused an explosion at the facility and a tank caught fire.
EU sees no threat to Hungary, Slovakia due to Ukraine's Lukoil sanctions so far
The sanctions imposed by Ukraine against Lukoil do not affect the current transit of oil through the Druzhba pipeline, as Lukoil is not the official owner of this oil, according to the European Commission.
Russia's Gazprom net losses nearly double year on year
Gazprom's revenue fell by 30% last year with a net loss of $6.9 billion, the largest in 25 years.
Opinion: Europe must clamp down on Russian oil flows through Turkey
To appreciate the booming Russian fossil fuels trade, one need only go to a rooftop cafe along the Bosporus. Back in March, while sipping tea on an Istanbul terrace, I watched as, over the course of two hours, at least four tankers – later identified through open-source marine traffic websites – carried
Ukraine open to consultations with EU on Russian oil transit, Foreign Ministry says
Kyiv is open to participating in consultations with the European Union on the transit of Russian Lukoil's oil if Brussels decides to use "an appropriate mechanism," Heorhii Tykhyi, Foreign Ministry's spokesman, said on July 30.
Ukraine hit oil depot in Russia's Kursk Oblast, General Staff reports
Ukrainian forces struck the oil depot Logistics Center №43 in the village of Vozy in Russia's Kursk Oblast overnight on July 30, the General Staff reported.
EU irritated with Hungary, Slovakia over their Russian oil spat with Ukraine, Politico reports
Hungary and Slovakia turned to the EU earlier this month as Ukrainian sanctions effectively halted the supplies from the Russian Lukoil company to the two Central European countries through the Druzhba pipeline.
Ukraine's military confirms strike on oil refinery in Russia's Kursk region
The Security Service of Ukraine (SBU), in cooperation with the Ukrainian military, hit the Polyova oil depot in Russia's Kursk region overnight on July 28, the General Staff of Ukraine's Armed Forces confirmed.
Explosion at Russian Arctic gas field kills at least 2, injures 8
Authorities opened a preliminary criminal case into the potential violation of industrial health and safety standards, RIA Novosti said.
Indonesia seeking to buy Russian oil for first time in over 10 years, Reuters reports
The Indonesian state-owned refinery Pertamina has included Russian crude oil grades in its September tender lists for purchase, Reuters reported on July 23, citing three traders.
Updated: Ukraine hits Russia's Tuapse oil refinery, source confirms
The Russian Defense Ministry claimed its forces intercepted eight drones over Krasnodar Krai, 47 drones over Rostov Oblast, one each over Belgorod, Voronezh, and Smolensk oblasts, and 17 over the Black and Azov seas.
Ukraine's sanctions on Russia's Lukoil may result in fuel crisis in Hungary
The restrictions have created supply shortages in Budapest, which depends on Russia for 70% of its oil supply, with Lukoil providing half of that volume, according to Politico.
Mass fire reported at low voltage equipment plant in Kursk Oblast
A large fire broke out at a low-voltage equipment plant in Kursk Oblast, Governor Alexei Smirnov reported on July 16.
UK, EU member states will step up inspections of Russian oil fleet, Bloomberg says
An "unspecified number" of governments are expected to approve the plan on July 18, during a meeting of the European Political Community hosted by British Prime Minister Keir Starmer in the U.K., according to a draft statement.
SBU drones behind overnight strike on Russian oil depot in Rostov Oblast, source says
"According to our information, it was SBU drones that (caused the explosion) at the facility where various brands of gasoline and diesel fuel with a total volume of 12,500 cubic meters were stored," an intelligence agency source told the Kyiv Independent on July 13.
Drone attack caused fire at oil depot in Russia's Rostov Oblast, governor claims
Ukrainian drones attacked an oil depot in Russia's Rostov Oblast, causing a large fire overnight on July 13, Governor Vasily Golubev claimed. The Ukrainian military has not commented on the reports.
Indian state refiners discussing long-term oil import deal with Russia, Reuters reports
India's state-run refiners are in talks with Russia about a long-term oil import deal, Reuters reported on July 11, citing an undisclosed government source.
Russia's oil export revenues continue to drop for 4th straight month
Russia's revenues from oil exports in June were about $16.7 billion, a 1.2% drop from the previous month. Earnings from oil exports have continued to decline since a high of almost $19 billion in February 2024.
Ukrainian strikes reduced Russian oil refining by 17%, NATO official tells media
Ukraine's drone strikes on Russian oil refinery sites have caused the volume of Russia's oil refining to fall by around 17%, a NATO official reportedly told journalists in Washington on July 9.
Drone attacks caused fire at substations, oil depot in 2 Russian regions, governors claim
According to the Russian Defense Ministry, Russian air defense shot down three drones over Belgorod Oblast, two over Voronezh Oblast, five over Astrakhan Oblast, seven over Kursk Oblast, and 21 over Rostov Oblast.
Ukraine war latest: Ukrainian drones attack ammunition, oil depots in Russia
Key developments on July 6,7: * Ukrainian drones attack ammunition, oil depots in Russia, source says * Leaked documents suggest more Russians killed in Ukraine than previously thought * Poll: More and more Russians think a nuclear strike on Ukraine is justified * Ukraine working on new maritime strategy, Zelensky says * Turkey proposes
SBU behind drone attack on Russia's Krasnodar Krai oil depots, source says
Drone attacks were reported in Russia's Krasnodar Krai region overnight on July 6, causing large fires at two oil depots.
Russian milblogger video captures alleged Ukrainian drone strike on oil depot
"Romanov" appears to have been at the scene of an earlier drone strike and was filming rescue services in the area.
Drone attacks on Russia's Krasnodar Krai damage oil depots, communications tower
Drone attacks targeting Russia's Krasnodar Krai region caused fires at two oil depots overnight on July 6, while also damaging a communications tower, various Russian media outlets reported.
Drone hits oil depot in Tambov Oblast, Russian official says
The drone hit the facility at 4:35 a.m. local time and caused a small fire, according to Governor Maksym Yegorov.
US efforts to sanction Russia, Iran hampered by desire to keep gas prices low, sources tell WSJ
"(President Joe Biden) has wanted to do everything that he could to make sure that American consumers have the lowest price possible at the pump, as it affects families' daily lives," a senior administration official told the Wall Street Journal.
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