Category : Search result: Russian oil assets


US sanctions Russian oil giants, markets volatile

Washington escalates economic warfare with sweeping sanctions against Rosneft and Lukoil, triggering oil price volatility and global supply chain concerns as China trade tensions intensify.

Trump's Russia Oil Sanctions: Will They Work?

The Trump administration's latest move to sanction Russian oil companies raises critical questions about effectiveness, global energy markets, and geopolitical strategy in a divided world.

Russian funds to buy Gripen jets for Ukraine

In a landmark move, Western allies plan to use seized Russian funds to purchase advanced Gripen fighter jets for Ukraine, significantly enhancing its air defence capabilities against ongoing aggression.

Petrobras abandons Amazon oil exploration plans

Brazil's state oil giant Petrobras has dramatically halted controversial drilling plans near the Amazon River mouth, marking a significant victory for environmental campaigners ahead of COP30 climate talks.

EU to use frozen Russian assets for Ukraine aid

European leaders are on the verge of a groundbreaking agreement to use billions in frozen Russian state assets to fund Ukraine's military and reconstruction efforts, with legal concerns now overcome.

India denies Trump's Russian oil ban claims

Indian officials have directly contradicted Donald Trump's assertion that New Delhi agreed to stop purchasing Russian oil, creating fresh uncertainty about global energy markets and US-India relations.

Labour's North Sea oil plan sparks industry backlash

Keir Starmer faces mounting criticism over Labour's controversial North Sea oil and gas policy as industry leaders warn of economic devastation and Nigel Farage positions Reform UK as energy industry defenders.

Trump administration auctions Gulf of Mexico for oil drilling

Former President Donald Trump's administration is pushing forward with controversial plans to auction over 73 million acres for oil and gas drilling in the Gulf of Mexico, drawing immediate backlash from environmental groups and setting up a major politic

France seizes Russian oil tanker in Channel sanctions raid

In a dramatic enforcement of EU sanctions, French officials have impounded the Boracay tanker carrying Russian oil products near Cherbourg. The vessel, linked to a sanctioned Russian oligarch, highlights Europe's tightening grip on Moscow's energy exports

Oil Prices Plummet in Worst Weekly Drop Since June

Global oil markets face significant turbulence as prices head for their steepest weekly decline since June, with OPEC+ production cuts failing to offset weakening demand and economic concerns.

Seed Oil Health Risks & Benefits Revealed

New research reveals surprising truths about seed oils like sunflower, corn and canola. Discover the real health benefits and risks in our expert investigation.

French troops raid Putin's shadow fleet tankers

In a stunning covert operation, French special forces have boarded and seized two Russian oil tankers suspected of smuggling sanctioned crude, marking a dramatic escalation in Western efforts to enforce oil price caps.

Prax Lindsey Refinery Cuts 140 Jobs

The Prax Lindsey oil refinery announces devastating job cuts affecting 140 workers, raising concerns about the UK's energy sector stability and local economic impact in North Lincolnshire.

North Sea geology blocks oil extraction ambitions

A bombshell geological study reveals that complex rock formations beneath the North Sea could prevent the UK from extracting up to half its remaining oil and gas reserves, dealing a major blow to energy security plans.

Reeves to Seize Russian Assets for Ukraine

UK Chancellor Rachel Reeves announces bold plan to use frozen Russian assets for Ukraine's rebuilding efforts, aligning with G7 allies and signalling a tougher stance on Kremlin-linked wealth.

The Best CBD Oil in the UK: 2024's Top Picks

Discover the UK's top-rated CBD oils for wellness. Our 2024 guide cuts through the hype with expert testing, brand comparisons, and essential buying tips to find your perfect natural supplement.

EU Imposes Major New Sanctions on Russian Oil & Gas

The European Union unveils its most aggressive sanctions package yet, directly targeting Russia's critical oil and gas sectors. The move aims to cripple Putin's ability to fund the ongoing war in Ukraine, marking a significant escalation in the West's eco

Trump Threatens Russia Sanctions Over NATO Oil Purchases

Exclusive: Former President Donald Trump declares he will impose severe sanctions on Russia if NATO member states refuse to halt purchases of Russian oil, signalling a major shift in US foreign policy approach.

Hundreds of 'Shadow' Tankers Exposed in Baltic Sea

A major investigation reveals a clandestine fleet of over 600 tankers is operating in the Baltic Sea, using opaque ownership and dubious insurance to transport Russian oil, raising serious environmental and security risks for the region.

UK sanctions target Russian metals and diamonds

The UK government announces a new wave of sanctions aimed at crippling Russia's war economy, banning imports of Russian metals and targeting the lucrative diamond industry in coordination with G7 allies.

North Sea Oil: £450bn Boom or Climate Doom?

Explosive new report reveals the staggering economic value of North Sea oil versus climate targets. Discover the fierce political battle raging over the UK's energy future.

Trump Threatens India With Tariffs Over Russian Oil

Former US President Donald Trump's advisors issue a stark warning to India, threatening tariffs if Narendra Modi's government continues purchasing Russian oil, potentially straining US-India relations.

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