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Oil Supplies

All articles tagged with #oil supplies

Hungary accuses Kyiv of oil flow blockade amid Druzhba dispute
world1 month ago

Hungary accuses Kyiv of oil flow blockade amid Druzhba dispute

Hungary’s prime minister Viktor Orbán accuses Kyiv of an oil blockade by delaying the Druzhba pipeline’s reopening, saying soldiers have been deployed to protect energy facilities. Kyiv says the line was shut after Russian strikes, while EU officials note non-Russian crude can cover Hungary and Slovakia. The dispute adds pressure ahead of Hungary’s elections as both countries navigate energy security and alternate supply routes.

Russia's Rosneft boosts oil sales to India amidst Western embargo.
business3 years ago

Russia's Rosneft boosts oil sales to India amidst Western embargo.

Rosneft and Indian Oil Corp have signed a term agreement to increase oil supplies and diversify oil grades delivered to India. The deal was signed during a working trip to India by Rosneft CEO Igor Sechin, and the details of the agreement were not revealed. The parties also discussed expanding cooperation between Rosneft and Indian companies in the entire value chain of the energy sector, including possibilities of making payments in national currencies.