AI
Biden’s Net Zero Plans Worsen Prices
Daily Standup Top Stories BP Shares Plummet on $2 Billion Impairment Warning July 9, 2024 Mariel Alumit Shares in BP fell by as much as four percent this morning after it warned it was expected to […]
Rosneft
Downstream
Germany Nears Decision on Fate of Seized Russian Oil Operations
Germany is nearing a decision on what to do with the local units of Russian oil major Rosneft PJSC that the government seized two years ago after Moscow’s invasion of Ukraine. The future of the […]
Crude Oil News
Russia Nears Deals to Sell Gusher of Oil
Russia’s state energy giant is close to striking long-term deals to sell substantial supplies of oil, a sign that Moscow can continue to count on petroleum exports to fund its war on Ukraine. Rosneft Oil is […]
International News
Germany seizes Russian oil firm Rosneft’s refineries
Berlin has taken control of the German operations of Russian oil firm Rosneft to secure energy supplies which have been disrupted after Moscow’s full-scale invasion of Ukraine. Rosneft’s German subsidiaries, which account for about 12 percent […]
Crude Oil News
India in talks to increase Russian oil imports from Rosneft
(Bloomberg) — India is looking to double down on its Russian oil imports with state-owned refiners eager to take more heavily-discounted supplies from Rosneft PJSC as international buyers turn down dealings with Moscow over its […]
Exports
Russian Oil Producers Start Using Tankers the World Did Not Want
Russian oil producers are starting to book up an increasing number of tankers owned by the nation’s state tanker company, boosting demand for a fleet that fell from international favor after the invasion of Ukraine. […]
Finance
China among the leading contenders to snap up BP’s stake in oil company Rosneft
There is general consensus amongst analysts that oil giant BP will face an uphill struggle to find a buyer for its stake in Rosneft. Governments across the globe have condemned Russia for its invasion of […]
Finance
BP quits Russia in up to $25 billion hit after Ukraine invasion
LONDON, Feb 27 (Reuters) – BP is abandoning its stake in Russian oil giant Rosneft in an abrupt and costly end to three decades of operating in the energy-rich country, marking the most significant move […]
Crude Oil News
Russia’s Rosneft projects global oil shortages during “hasty” energy transition – He is right on the money
Energy News Beat Publishers Note (ENB): Rosneft is dead-on right! The inability of the world to have a realistic conversation of the importance of a “Balanced Diet of Power” is disappointing at best. ENB has […]