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3 mins read
India imported USD 2.8 bn worth of crude oil from Russia in July
India, the world's third largest oil consuming and importing nation, in July bought USD 2.8 billion…
PTI
2 mins read
A NATO country rejected offshore wind farms it said could slow its response to a Russian missile attack
Sweden has dropped plans for 13 wind farms in the Baltic Sea over security concerns. Wind turbines …
Mia Jankowicz
5 mins read
She grew up in Ukraine, studied accounting, and joined the army. But since Russia invaded, she did a hard career pivot — twice.
The war has created a big need for blue-collar workers in Ukraine. Women, like 32-year-old Yuliia K…
Shubhangi Goel
1 min read
India is buying the most US oil in almost a year as sanctions on Russian energy bite
Indian refiners see more WTI Midland crude oil being used in the country in coming months, sources …
Yuheng Zhan
1 min read
Ships carrying Russian diesel are idling off of Brazil in the latest hold-up for Moscow's energy flows
Russia has admitted recently that secondary sanctions from the West are choking its energy exports.
Yuheng Zhan
2 mins read
India imported 420,000 fewer barrels of Russian oil a day in February amid tightening sanctions
Weaker crude exports caused Russia's monthly energy revenue to slide by nearly 1% from January, the…
Filip De Mott
2 mins read
Ukraine says it destroyed glide bombs at a Russian air base that aircraft fly out of to bomb the front lines
Ukraine has used homemade, long-range weapons to strike Russian airfields where fighter-bombers and…
Jake Epstein
2 mins read
The US is sending less natural gas to Europe, complicating Europe's plans to cut off Russian gas
Last year, Europe still imported about 15% of its total gas supply from Russia, with about 9% comin…
Huileng Tan
2 mins read
A former Lukoil boss said an EU ban on Russian oil would bring the worst outcome for both sides
A former boss of Russia's second largest oil group said an EU ban would be "a shock for everyone. R…
Hamza Fareed Malik
2 mins read
An oil trading company named Bellatrix is one of the under-the-radar firms that has taken over from the big names in shipping Russian crude
Major oil traders have shunned Russian oil after the invasion of Ukraine, paving the way for under-…
Hamza Fareed Malik
2 mins read
China's oil purchases from Russia dropped 14% in June as lockdowns knocked the economy
China and India have stepped up their purchases of Russian oil this year, but economic slowdowns ar…
Harry Robertson
2 mins read
China's independent oil refiners are buying Russian supplies on the cheap, report says
Russia will be increasingly looking to Asia to buy its oil, after the EU proposed a phased move to …
Harry Robertson
2 mins read
Another Russian energy war is a real threat to Europe, IEA warns
A colder winter and lower gas exports from Russia could leave the European Union vulnerable, the In…
Filip De Mott
2 mins read
The US's top energy advisor urges India not to buy too much Russian oil — and says Moscow's revenues are now higher than before the war
India has ramped up its purchases of Russian oil from 100,000 barrels per day to 800,000, according…
Harry Robertson
3 mins read
The West can't completely isolate Russian banks because it would be disastrous beyond Russia
The West could still block the access of all Russian banks to SWIFT — but it would come with major …
Huileng Tan
3 mins read
India's Russian oil imports now double of Iraq
India's imports of crude oil from Russia touched a new high of 1.64 million barrels per day in Ma…
PTI
1 min read
India's oil imports from Russia surged 15% through June as it doubled down on cheap energy
India's running purchases of Russian oil is bulking up Moscow's soaring energy revenues that are on…
Zahra Tayeb
1 min read
Soaring energy prices help Russia push its current account surplus to a record $70.1 billion in the second quarter despite sanctions
Central bank data showed that Russia notched a record current account surplus of $70.1 billion in t…
Phil Rosen
2 mins read
Europe's energy crisis still isn't over
Though European gas prices have tumbled 37% since November, Goldman Sachs says that's due to demand…
Phil Rosen
1 min read
The EU is considering price caps and tariffs on Russian oil imports to undercut the Kremlin's finances, report says
The measures have been proposed ahead of EU talks on further sanctions for Russia over its invasion…