Modi, Narendra
President Trump has imposed sanctions on Russia's two largest oil firms, Rosneft and Lukoil, in a move that could pressure India to stop buying oil from Russia. This move has been seen as a way to break a diplomatic deadlock between the US and India, which has been
PJSC LUKOIL
President Trump announced a major escalation in the economic war with Russia, imposing sanctions on Lukoil and Rosneft, two of Russia's largest oil companies, in an effort to cripple the Russian energy sector despite the risk of higher oil prices. The move represents a significant shift in strategy
PJSC LUKOIL
The United States and the European Union have imposed a new round of sanctions on Russia in an effort to cut into the country's oil and gas export earnings that fund its war against Ukraine. The sanctions target Russia's biggest oil companies, Rosneft and Lukoil, and
Modi, Narendra
President Trump has imposed sanctions on Russia's two largest oil firms, Rosneft and Lukoil, in a move that could pressure India to stop buying oil from Russia. This move has been seen as a way to break a diplomatic deadlock between the US and India, which has been
PJSC LUKOIL
President Trump announced a major escalation in the economic war with Russia, imposing sanctions on Lukoil and Rosneft, two of Russia's largest oil companies, in an effort to cripple the Russian energy sector despite the risk of higher oil prices. The move represents a significant shift in strategy
PJSC LUKOIL
India's largest supplier of oil, Russia, may witness a sharp decline in oil imports to the country following the imposition of sanctions by the US on Russian oil majors Rosneft and Lukoil. Industry insiders have stated that government-owned refiners are already evaluating compliance risks to ensure that the
Petroleum
US President Donald Trump's imposition of sanctions on Rosneft and Lukoil, two Russian oil giants that fund Putin's war machine through crude exports, has been met with a stern response from the Russian President. Putin called the move an "unfriendly act," but analysts believe
Foreign ministers
US President Donald Trump has made a significant shift in his policy towards Russia, imposing new sanctions on two major Russian oil companies, Rosneft and Lukoil. This move is seen as a major blow to the Russian economy, which relies heavily on oil exports to generate revenue. Despite the Kremlin&
Petroleum industry
Gazprom shares surged on Wednesday, with prices rising over 5% to above 140 rubles per share, driven by strong demand from Western investors. The rally came as some brokerages raised their target price for the company's American Depositary Shares (ADS) to over $60, anticipating the liberalization of the
Petroleum industry
The Russian stock market reached a new record high on Monday, driven by the growth of blue chip stocks, particularly in the oil sector. The RTS index climbed 2.52% to 946.33, while the MICEX stock index rose 2.81% to 834.06. Oil stocks, led by Lukoil, Surgutneftegas,
Petroleum industry
Lukoil, a major Russian oil company, has hit significant delays in joining the Total-led Kharyaga project in the northern Timan-Pechora oil province due to disagreements between Total and the Russian government over project costs. Lukoil president Vagit Alekperov stated that the company is dissatisfied with the "economics of the
Petroleum industry
Russian crude exports by rail to Arctic ports have surged to record levels, thanks to new floating storage off Murmansk, which has boosted capacity. Last month, Lukoil loaded the first 100,000t cargo of Urals from the 360,000t ULCC Belokamenka floating storage tanker stationed in the Barents Sea off
