A price cap set by the Group of Seven (G7) as well as an outright ban by the European Union on Russian
Tag: Oil and Gas
Infographic: How much oil does Russia produce? | Infographic News
A price cap on Russian seaborne oil – agreed to by the European Union, the Group of Seven nations and Australia –
Greece, Bulgaria discuss oil pipeline bypassing Bosphorus Strait | Oil and Gas
A European Union embargo on Russian oil that takes effect on Monday has led Greece and Bulgaria to talk about reviving a
OPEC+ keeps oil targets amid weakening economy, Russian sanctions | OPEC News
Cartel wants to gauge impact of two measures aimed at hitting Russia’s oil revenues: price cap and EU boycott. OPEC and its
Qatar gears up for FIFA World Cup equity market boom | Qatar World Cup 2022 News
Doha, Qatar – Qatar is gearing up for a FIFA World Cup equity market boom as the country’s stock exchange is all
Court rejects Nigeria’s $1.1bn damages request against Eni, Shell | Oil and Gas News
The main case revolved around a deal in which Eni and Shell acquired the OPL 245 offshore oilfield in 2011 in Nigeria.
Turkey accuses US of ‘bullying’ Saudi Arabia over OPEC+ oil cuts | OPEC News
Turkey’s foreign minister slams US for ‘bullying’ Saudi Arabia after OPEC+ announced oil production cuts despite Washington’s objections. Turkey accused the United
Pakistan finance minister says it may buy discounted Russian oil | Business and Economy News
If India buying oil from Russia, ‘we also have a right’, minister says as Pakistan aims to preserve its shrinking forex. Pakistan
Biden releasing 15 million barrels of oil from strategic reserve | Energy News
Just weeks before US midterms, move completes a previously announced release of 180 million barrels amid war in Ukraine. US President Joe
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