Category : Search result: Russian oil assets


Lukoil's $2.7bn Fire Sale Before US Sanctions

Russian oil giant Lukoil rushes to sell European assets worth $2.7bn before new US sanctions take effect. Analysis reveals strategic move to offload key infrastructure. Read the full investigation.

How to Find the Best Bottle of Olive Oil

Discover how to choose the highest quality olive oil. Experts explain what to look for, from certifications to taste profiles, to ensure you're buying the best.

North Sea Oil Crisis: Thousands Face Job Axe

Exclusive investigation reveals how sweeping new medical assessments could decimate Britain's offshore workforce, threatening energy security and livelihoods across Scotland's oil heartlands.

Drone Attack Hits Bulgaria's Burgas Oil Refinery

A major drone strike has targeted Bulgaria's largest oil refinery in Burgas, causing significant damage and raising fears of escalating Russian aggression in Eastern Europe. The sophisticated attack has prompted urgent NATO security reviews.

Piper Alpha Survivor's 175ft Leap from Hell

Thirty-seven years after the Piper Alpha disaster, survivor Steve Rae recounts his desperate jump from the burning oil platform that claimed 167 lives in Britain's deadliest offshore tragedy.

Petrofac wins major Shell North Sea contract

Energy services giant Petrofac lands significant Shell contract for North Sea assets, safeguarding Scottish jobs and reinforcing Aberdeen's energy hub status amid industry transformation.

Petrofac collapse puts North Sea jobs at risk

UK oil services company Petrofac enters administration, threatening thousands of North Sea jobs and sending shockwaves through Britain's energy sector amid ongoing financial struggles.

Trump Sanctions Hit Russian Oil & Gas Markets

New US sanctions targeting Russia's oil and gas sector under President Trump are creating shockwaves through global energy markets, with analysts warning of potential price surges and supply chain disruptions.

Starmer: Seize Russian assets for Ukraine

Labour leader Sir Keir Starmer declares Britain must 'finish the job' by repurposing £26bn in frozen Russian assets for Ukraine's recovery, as he strengthens ties with European allies.

Belgium sends €1.7B Russian assets to arm Ukraine

European Commission confirms Belgium will channel billions in frozen Russian assets to purchase military hardware for Ukraine's defence, marking unprecedented move in economic warfare against Moscow.

Belgium seizes Russian billions for Ukraine defence

In an unprecedented decision, Belgian authorities have confiscated €1.9 billion from frozen Russian assets, with funds redirected to support Ukraine's military efforts against Russian aggression.

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.

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