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EXPLAINED: Rosneft | Vintage Vibes

Meet Pinarello Q36.5's billionaire owner Ivan Glasenberg, the man looking to shake up cycling

The owner of Tom Pidcock's team is one of cycling's most mysterious power brokers - where has he come from, and what does he want?

Cycling Weekly

India refiner Nayara's gasoline sold to Russia via traders, sources say

Indian refiner Nayara Energy's gasoline is reportedly reaching Russia, which faces fuel shortages due to Ukrainian attacks. While Indian Oil Minister stated no direct sales, traders might be facilitating these shipments. Nayara, with a stake held by Russian oil major Rosneft, has been processing exclusively Russian crude and relying on…

The Economic Times

Russia's petrol crisis worsens as citizens feel the bite of Moscow's war in Ukraine

A third of Russia's refining capacity has been knocked out by Ukrainian drone attacks, causing petrol shortages across more than half of Russia's regions.

Euronews

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Nayara Energy crosses 7,000 petrol pumps in India

Nayara Energy, backed by Russia's Rosneft, has surpassed 7,000 petrol pumps nationwide, solidifying its status as India's leading private fuel retailer. The company has rapidly expanded its network, adding over 500 outlets in just 18 months, with a significant presence in rural areas. This growth not only enhances fuel accessibility…

The Economic Times

India to account for half of global oil demand growth over next decade: Rosneft CEO

Rosneft CEO Igor Sechin stated India will drive nearly half of global oil demand growth over the next decade, projecting consumption to reach eight million barrels per day by 2035. He highlighted Russian oil supplies' economic benefits to India and China, exceeding $40 billion since April 2022, and warned of…

The Economic Times

Russia's oil major says US companies benefit from the closure of the Strait of Hormuz

Rosneft CEO Igor Sechin stated that American energy companies are benefiting most from the closure of the Strait of Hormuz. He believes the United States is altering global energy markets to serve its own interests. Sechin also noted that the OPEC+ group has weakened due to member withdrawals. He warned…

The Economic Times

Rosneft Chief Says US Energy Firms Gain From Strait Of Hormuz Closure Amid Global Oil Disruption

The comments came at Russia's flagship economic forum as governments and energy producers continue to grapple with supply disruptions linked to the Middle East conflict.

International Business Times

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Video: Fire erupts at Russia’s Tuapse refinery after Ukraine drone attack, nearby buildings evacuated

A Ukrainian drone strike ignited a massive fire at Russia's Tuapse oil refinery on the Black Sea, prompting evacuations. This major Rosneft facility, crucial for fuel exports, had previously halted operations after an earlier drone attack. Authorities are responding to the incident, with the Kremlin confirming measures are being taken.

The Times of India

Germans pining for Gerhard Schröder forget his errors and ties to Putin. The SPD needs a fresh approach

The former chancellor was the chief architect of Germany’s dependence on Russian fossil fuels and cuts to defence spending. Both haunt the country today, says German-British historian Katja Hoyer

The Guardian - UK

Gazprom and Rosneft tied to deportation of Ukrainian children, Yale report says

According to a new study, Russian energy giants Gazprom and Rosneft have played an important role in indoctrination of forcefully deported Ukrainian children.

Euronews

Oil prices hit $103 per barrel despite Trump easing some Russian sanctions

Analysts estimate about 125 million barrels of Russian oil are currently being shipped

The Independent UK

US Pressure on Russian Oil Puts Nayara Refinery’s Future in Question

The future of Nayara Energy’s refinery in Gujarat has come under a cloud after US President Donald Trump threatened to reimpose a 25% “penalty” if India does not curb its purchases of Russian crude oil. The renewed hardline stance from Washington has intensified uncertainty around the refinery’s operations and sparked…

Whats Hot

Russia working to circumvent sanctions to ensure India oil imports continue

Delhi is world’s second largest purchaser of Russian crude, which is now cheaper than oil from Middle East

The Guardian - UK

Alarm over ‘exploding’ rise in use of sanctions-busting shadow fleet

Fear that confrontation is on the cards as policing of ships becomes more aggressive and Russia challenges Europe

The Guardian - UK

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Latin Times

Russian Oil Firm Exits Venezuela as U.S. Tanker Blockade Tightens Pressure on Maduro

The company's legal representative, Andrey Shavkun, said the decision was beyond the control of either party and stemmed from conditions that make continued operations unviable

The Independent UK

EU targets Russia's shadow fleet with new sanctions, hitting businessmen and companies

The European Union has imposed sanctions on five businessmen linked to Russian oil companies Lukoil and Rosneft

The Guardian - UK

West is ‘missing obscure sanctions that could set back Russia’s war machine’

US group Dekleptocracy identifies additives for military vehicles’ lubricants and tyres as potential vulnerabilities

The Independent UK

US sanctions on big Russian oil firms are having their intended effect, Treasury official says

The Trump administration says it's seeing signs that its sanctions on Russian oil producers are working

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The Guardian - AU

Ukraine war briefing: Fire sale of Lukoil assets before start of US sanctions on Russia

Foreign properties may be nationalised if Lukoil doesn’t sell, or the proceeds frozen if it does; Zelenskyy grapples with corruption scandal fallout. What we know on day 1,359

Benzinga

Trump Hints At Nearing 'Much Different' And 'Fair' Trade Deal With India: 'They'll Love Us Again'

President Donald Trump has indicated that the United States is on the verge of striking a trade deal with India, after months of discussions between the two nations.

The Independent UK

Russian oil company Lukoil to sell international assets in response to Trump sanctions

Lukoil is selling its international assets in response to U.S. sanctions

Euronews

How long can the Russian economy continue to fund the frontline?

The Russian economy is balancing on the edge of recession, yet the war could go on for years. Its financing appears to have no immediate major obstacles, according to experts.

The Guardian - AU

Ukraine war briefing: Russian drones hunt civilians in crime against humanity, UN inquiry finds

Ukraine strengthens Pokrovsk positions amid infiltration by estimated 200 Russian troops; Lukoil selling overseas assets after US sanctions. What we know on day 1,343

The Independent UK

Ukraine-Russia war latest: Trump warns Putin ‘we have a nuclear submarine off your shore’ after cruise missile test

Trump said that Russia’s recent test of a nuclear cruise missile was ‘inappropriate’ and urged him to ‘get the war ended’

The Guardian - UK

Trump sanctions have swift impact but will world stop buying Russian oil and gas?

Analysts say president’s war on Russia’s fossil fuel revenues is a chance to bring peace to Ukraine and profit to US

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