Ukraine banned Lukoil products from crossing the border this summer, worrying Hungary and Slovakia, both of which receive Russian oil via a pipeline through Ukraine. In a statement, MOL said it would “take ownership of the affected crude oil volumes on the Belarus-Ukraine border” starting Monday. Hungarian government spokesman Zoltan Kovacs praised the workaround. “We […]
The social media accounts of two of Canada’s most vocal far-right pundits have gone unusually quiet after U.S. authorities accused them of participating in a covert Russian propaganda campaign. On Wednesday, the US Department of Justice has published an indictment against two Russian citizens who are accused of having founded a conservative media company as […]
Ukrainians in Germany have expressed their dismay that their EU country remained quietly dependent on Russian gas for years, despite stopping direct imports. At the end of June, the EU finally banned its terminals from reselling Russian liquefied natural gas (LNG) and stopped financing two new projects supported by the Kremlin. The sanctions are likely […]
Hezbollah is accused of diverting fuel from the Lebanese state to Shiite villages in the south of the country as part of a charm offensive to bolster Lebanese support, the Alma Research and Education Center said on Thursday. According to research by the Alma Center, between April and July 2024, nearly 484,000 liters of […]
Iran is launching a $70 billion investment program to halt the dramatic decline in production at its key South Pars gas field. Failure to do so will result in 40 percent of the country’s oil production from the Persian Gulf Star gas condensate refinery being lost and petrochemical costs increasing by as much as $12 […]
Over the past two years, Europe has rapidly distanced itself from Russian energy commodities in protest against Russia’s war in Ukraine. The European Union first imposed an embargo on imports of crude oil from Russia in December 2022, followed by an embargo on oil products (including gasoline and diesel) in February 2023. In the meantime […]
Atlas Oranto is one of Africa’s largest energy companies. (Devdiscourse) Caracas, August 11, 2024 (venezuelanalysis.com) – Venezuela’s state-owned oil company PDVSA has signed two agreements with Nigerian company Veneoranto to advance the exploration of offshore natural gas reserves. The ceremony took place on Thursday at the Miraflores presidential palace. Venezuelan Oil Minister Pedro Tellechea and […]
