Search results
Results From The WOW.Com Content Network
Russian oil exports by destination in 2020. On 7 March 2022, German chancellor Olaf Scholz and other European leaders pushed back against the call by the US and Ukraine to ban imports of Russian gas and oil because "Europe's supply of energy for heat generation, mobility, power supply and industry cannot be secured in any other way".
The EU has significantly reduced imports of gas from Russia since it launched its full-scale invasion of Ukraine in 2022, but a number of eastern member states still depend largely on the supplies ...
Due to low demand for Russian crude, the benchmark Russian Crude Oil Urals oil was trading at a $18 discount to Brent and still struggling to find purchasers as oil traders feared sanctions. [ 162 ] Prior to the sanctions, about 60 percent of Russia's oil exports went to European OECD member countries.
Since the 2022 Russian invasion of Ukraine, the European Union, the G7 nations and Australia have imposed sanctions on Russia.The sanctions on oil began in December 2022 and included an embargo of Russian oil, namely, the bringing of crude oil and refined oil products from Russia to the EU and other G7 nations by ship, with a few exceptions.
The EU has also ramped up imports of Russian LNG to help heat its homes and power its factories, but faces a self-imposed deadline of 2027 and plans to break its dependence on all Russian fossil ...
Russian gas exports to Europe via Ukraine were stable on Wednesday, data from Kremlin-controlled producer Gazprom showed, with nominations for flows to Austria from Slovakia also unchanged.
Export product Value ($) 1: Crude Petroleum: 121,443 2: Refined Petroleum: 66,887 3 Unspecified commodities: 55,265 4: Coal: 15,987 5: Petroleum Gas: 9,501 6: Wheat ...
The Nord Stream 1 pipeline which transports gas from Russia to Germany was undergoing maintenance from Aug.31 - Sept. 2, cutting flows to zero and raising concerns about a prolonged halt to supply ...