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May 23, 2022
Rosneft, the leader of the Russian oil industry and one of the largest public oil and gas companies in the world, participated in All-Russia commemorations of the 77th Anniversary of Victory Day in the Great Patriotic War ("World War ...
May 5, 2022
Processing at Russian refineries in March dropped 5.2% year on year, according to data from statistics service Rosstat, cited by the country’s TASS news agency. Over the first quarter, processing rose 3%, it said. Refineries started reducing or halting throughput in the wake of Russia’s invasion of Ukraine in late February as international buyers avoided ...
May 3, 2022
Russia’s planned offline primary oil refining capacity for April has been revised up to 5.75 million tonnes, the highest level on record, Refinitiv data and Reuters calculations showed. The revisions to April data resulted from several adjustments to maintenance plans for Russian refineries and shutdowns of crude distillation units at the Tuapse, Saratov and Ufa ...
May 2, 2022
China is picking up a significant share of the unwanted Russian crude oil that would ordinarily flow...
April 27, 2022
Almost 2M barrels of Russian oil brought to UK since Feb. 24, according to global campaigning group Greenpeace.
April 27, 2022
As Russia moves to halt gas supplies to Poland, new analysis reveals how the UK is continuing to pay millions for Russian oil
April 14, 2022
Global refinery throughput should increase by 4.4 million b/d from April to August “due to new capacity and normal seasonal gains,” the International Energy Agency said in its latest monthly report, released April 13. New capacity coming online in the Middle East and China would boost the gains, the IEA said. Two new refineries in ...
April 5, 2022
April 5 (Reuters) - Global oil supply disruptions could reach 5 million barrels per day (bpd), according to analyst estimates and reported problems, as sanctions, war and infrastructure failures hit supply just as demand is recovering close to an all-time high. RUSSIA (FORECAST -3 MLN BPD) Western sanctions on Moscow…
April 1, 2022
The dry bulk market is in transition mode, after the disruption caused in the Russian and Ukrainian wheat exports. In its latest weekly report, shipbroker Banchero Costa said that “the Russian invasion of Ukraine has particularly strong implications for the seaborne grains trade, with a potentially significant impact on both dry bulk shipping and most ...
March 31, 2022
Small and medium-sized Russian refineries, which predominantly rely on exporting their products, were expected to run at around 50% capacity in April with international buyers distancing themselves from the country’s oil after the invasion of Ukraine. Some of their output is likely to be redirected to the domestic market although availability there is already high ...