Thursday January 16, 2025 - The new restrictions 'roughly triple the number of directly sanctioned Russian crude oil tankers, enough to affect around 900,000 barrels per day', analysts at Standard ...

MOSCOW (Reuters) - Sweeping U.S. sanctions on Russia's oil industry will make it more expensive for Moscow to sell its oil and complicate sea-borne crude exports due to restrictions on tankers ...

Brent crude oil opened the year of 2020 amidst an uptrend that began in November 2020 from $38.84 per barrel and continued the rally to $68.72 per barrel until early March 2021. Since the 2022 year ...

This phased plan minimizes CAPEX to first oil while providing flexibility for basin expansion and acceleration of production from fields beyond Sea Lion. An updated FDP has been submitted to the ...

Lyudmila Rokotyanskaya of Moscow-based BCS brokerage, said the new sanctions will likely be quite efficient for at least a few months and lead to a material decline in Russia's sea-borne oil ...

The vessels under the latest U.S. sanctions include nine tankers that loaded oil products at Russian Baltic and Black Sea ports in December and January. Four of them - Cup, Aquatica, Turaco and ...

The most important type of crude oil used in Europe is Brent Crude, named after the North Sea oilfield where it is extracted. Brent Crude is a particularly light crude oil which is carried from ...

Following the public consultation for the Environmental Impact Statement (EIS) for the Sea Lion Field Northern Development Area, Phase 1 and 2, submitted by Navitas Petroleum Development and ...

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Sea levels are rising and oceans are becoming warmer. Longer, more intense droughts threaten crops, wildlife and freshwater supplies. From polar bears in the Arctic to marine turtles off the coast of ...