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Russia, oil and sanctions
Sweeping new U.S. sanctions target Russia's oil production and exports
The U.S. Departments of Treasury and State Friday applied new sanctions on Russia's oil production and exports. Sanctioned were oil companies, 183 ships, dozens of oil traders, insurance companies and energy officials.
Russian Oil Production Collapses to 20-Year Low
Russia's average daily production of crude oil in 2024 slumped to its lowest level in nearly two decades, according to the latest figures, which reportedly show the impact of Ukrainian drone strikes on Russian energy infrastructure.
Russian Oil Firm Shrugs off Sanctions, Insurer Says Dodgy Operators Will Profit
Russian oil producer Gazpromneft shrugged off the impact of major new U.S. sanctions on Friday, while insurance company Ingosstrakh said they would create a market vacuum that would benefit less reputable competitors.
1d
U.S. Oil Production Will Disappoint Again In 2025
One of the biggest misconceptions in the oil market is the perceived growth in non-OPEC+ oil supplies moving forward, ...
17h
Why Oil Has Hit A 3-Month High With Brent Touching $80
On Friday, crude oil futures rose to price levels last seen in October 2024. What are the reasons behind the uptick in prices ...
16h
on MSN
Biden admin imposes harsh sanctions on Russian oil industry to cut off funding for Ukraine war effort
The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest ...
1d
on MSN
Shell, Chevron start oil production at Gulf of Mexico's Whale project
Shell (NYSE:SHEL) said Thursday it began production at its Whale floating facility in the Gulf of Mexico, which is expected ...
4d
on MSN
3 Smart Oil Stocks to Buy in 2025
While oil stocks performed poorly last year, they could bounce back in 2025. Devon Energy ( DVN -0.53%), ConocoPhillips ( COP ...
1d
Chevron announces start of oil production from Whale semi-submersible platform
Chevron (CVX) announced the start of oil production from the Whale semi-submersible platform in the deepwater U.S. Gulf of Mexico. Chevron ...
Crude Oil Prices
1d
Shell Starts Production at Gulf Oil Field
Shell begins commercial production at its Whale oil field in the Gulf of Mexico, while writing down a promising oil discovery ...
3d
India's ONGC engages BP to boost production in largest oil field
India's top explorer Oil And Natural Gas Corp on Wednesday said energy major BP will act as technical service provider to ...
Oil
1d
Shell starts oil production from deepwater Gulf of Mexico Whale development
Shell Offshore Inc. (Shell), a subsidiary of Shell plc, has started oil production at its Whale floating production platform, ...
4d
on MSN
Suncor breaks company records for oil production, refinery throughput
Suncor Energy (NYSE:SU) said Monday it broke company records for oil production in Q4 and FY 2024, and set records for ...
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