Russian Sanctions

By Bloomberg News (Bloomberg) — The International Energy Agency said there’s “considerable downside risk” to its outlook for Russian crude

China is stepping up its efforts to import US-sanctioned Russian gas, building the beginnings of a domestic “shadow fleet” of vessels that can transport

A buildup of a billion barrels of oil on the world’s oceans includes a disproportionately large amount of crude from nations subject to some kind of

The United Kingdom has announced sweeping new maritime sanctions targeting Russia’s liquefied natural gas exports, marking a significant escalation in

BAGHDAD, Nov 10 (Reuters) – Lukoil declared force majeure at its Iraqi oil field, sources told Reuters on Monday, and Bulgaria was poised to seize its

By Jeff Mason and Nandita Bose WASHINGTON, Nov 7 (Reuters) – The United States has granted Hungary a one-year exemption from U.S. sanctions for using

Two tankers carrying around 1.5 million barrels of Russian Urals crude have dropped anchor at sea on either end of the Suez Canal, in an apparent sign of the

Global commodity trader Gunvor has withdrawn its proposal to acquire Lukoil’s international assets after the U.S. Treasury Department signaled it would

Western sanctions on Russia and Iran are creating record volumes of oil stored onboard vessels, preventing a supply glut from forming in global markets,

The Suez Canal Authority (SCA) has issued a strong denial of reports claiming it detained the Russian-flagged crude oil tanker Dignity, stating that the

Lukoil said on Thursday it had accepted an offer from global commodity trader Gunvor to buy its foreign assets, which Russia's second-largest oil company is

By Weilun Soon (Bloomberg) — An India-bound tanker filled with Russian crude reversed course and is now idling in the Baltic Sea, a sign of potential

A sanctioned liquefied natural gas (LNG) tanker made a ship-to-ship (STS) transfer off the coast of Malaysia after picking up a cargo from a Russian export

Newly imposed U.S. and EU sanctions targeting Russia and its oil giants Rosneft and Lukoil have yet to disrupt physical crude shipments from the country’s

A second gas carrier has departed from Russia's U.S.-sanctioned Portovaya LNG plant on the Baltic Sea after a hiatus, in search of a foreign buyer, showing

Supertanker freight futures have soared after the US’s sanctioning of two major Russian oil producers spurred buyers of the crude to seek

A liquefied natural gas tanker off Malaysia that appears to be receiving fuel from a sanctioned Russian vessel is owned by Chinese shipping firm Pacific Gas,

Indian refiners are poised to sharply curtail imports of Russian oil to comply with new U.S. sanctions on two top Russian producers, industry sources said on

EU’s shadow fleet crackdown expands to 557 vessels with latest sanctions package as Western allies tighten the noose on Russia’s energy sector. The

Oil prices surged around 5% to a two-week high on Thursday after the U.S. imposed sanctions on major Russian suppliers Rosneft and Lukoil over Russia's war in