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Tag: Russian oil


Energy & Environment, Industry

Russia says it will cut oil production over Western caps

February 10, 2023

Via: Federal News Network

Russia announced Friday that will cut oil production by 500,000 barrels per day next month after Western countries capped the price of its crude over its action in Ukraine. “As of today, we fully sell all our crude output, but […]


Energy & Environment, Industry

US, allies aim to cap Russian oil prices to hinder invasion

July 13, 2022

Via: Washington's Top News

With thousands of sanctions already imposed on Russia to flatten its economy, the U.S. and its allies are working on new measures to starve the Russian war machine while also stopping the price of oil and gasoline from soaring to […]


Energy & Environment, Industry

Germany to reduce reliance on Russian energy

March 25, 2022

Via: Federal News Network

Germany’s economy minister says his country has forged contracts with new suppliers that will allow it to significantly reduce its reliance on Russian coal, gas and oil in the coming weeks. Robert Habeck told reporters in Berlin on Friday that […]


Energy & Environment, Industry

Russian oil sale to India complicates Biden’s efforts

March 18, 2022

Via: Federal News Network

President Joe Biden’s campaign to unite the globe against the Russian invasion of Ukraine is being challenged not only by adversaries such as China but also by the world’s most populous democracy, India. An Indian government official said on Friday […]