All articles tagged with #rosneft
A drone attack damaged Rosneft’s Kuibyshev refinery in Russia’s Samara region, hitting CDU-4 and CDU-5 and forcing a halt to oil processing. Each unit handles about 73,000 barrels per day. The Kuibyshev hub also includes the Syzran and Novokuibyshevsk refineries, which have been hit previously as Kyiv targets Russia’s energy infrastructure to disrupt fuel supplies and wartime revenues.
At the St. Petersburg International Economic Forum, former SVR colonel Andrei Bezrukov warned Russia will remain in a state of war for decades, predicting a mix of hot and creeping warfare and new global clashes, with possible escalation in Asia. He urged Moscow to militarize its economy and warned the Western hegemon is weakening, as security tensions surround a high-profile conference amid Ukrainian strikes.
Drones struck three ships linked to Russia’s so‑called “shadow fleet” in the Black Sea near Turkey. The Palau‑flagged James II was hit in the engine room (20 crew aboard), while Altura and Velora (both Sierra Leone flags) were damaged during a ship‑to‑ship transfer. No casualties were reported. All three vessels have been sanctioned over Russian oil exports; Ukraine’s HUR says the shadow fleet siphons oil and helps Moscow evade sanctions, potentially handling up to a third of seaborne Russian oil.
Ukrainian drones struck Russia’s Syzran oil refinery in the samara region, sparking a massive fire and killing two people with several injured; the strike is the second at the plant in just over a month and part of Kyiv’s broader effort to degrade Moscow’s oil infrastructure. The refinery processes up to 8.5 million tons annually, and the broader outages across central Russia have brought roughly 83 million tons of capacity offline—about a quarter of Russia’s total refining output.
A fire broke out at the Syzran oil refinery in Russia's Samara region after a drone attack. Authorities closed airspace at all altitudes and activated the Kovyor emergency aviation protocol. The refinery, part of Rosneft, processes about 7–8.5 million tonnes of oil annually. Ukrainian forces had hit several major oil facilities in Russia overnight, including the Syzran refinery where fires were reported.
Russia will suspend Kazakh crude flow through the Druzhba pipeline to the PCK refinery in eastern Germany starting May 1, redirecting volumes via other routes. Rosneft Germany has informed regulators and Moscow confirmed the suspension. German officials say the impact on fuel supply should be limited as the refinery can operate with reduced Kazakh intake and has been replacing Russian crude; the move is linked to current technical capacities and comes amid broader disruption context involving Ukraine-related damage to Druzhba.
Lukoil faces a crisis after the US blocked its deal with Gunvor due to sanctions, risking a €14bn asset loss and raising the possibility of a takeover by Rosneft, as the company’s international expansion is halted and domestic prospects are limited.
A rivalry among top Russian oil traders is disrupting Rosneft's operations and costing billions, amid Western sanctions and internal disputes, threatening Russia's crucial revenue streams and its war efforts in Ukraine.
The US has imposed sanctions on Russia's largest oil companies, Rosneft and Lukoil, to pressure Moscow into ending its invasion of Ukraine, aiming to impact Russia's economy and potentially influence peace negotiations, while also causing a rise in global oil prices.
The US imposed sanctions on Russia's top oil companies, Lukoil and Rosneft, amid growing frustration over the Ukraine war, while the EU banned Russian LNG imports in its 19th sanctions package, marking a significant escalation in Western efforts to pressure Russia.
The US has imposed sanctions on Russia's largest oil companies, Rosneft and Lukoil, to pressure Moscow to end its war in Ukraine, marking the first such sanctions since Trump returned to office. The move aims to cut off revenue funding the Russian military effort, with coordinated actions from the UK and EU, including potential bans on Russian natural gas and financial dealings, signaling increased international pressure on Russia.
A drone attack caused a fire at Rosneft's Novokuybyshevsk refinery, leading to the suspension of crude processing. The refinery, capable of processing 8.3 million tons annually, shut down its two crude distillation units but is expected to resume operations in early November. This incident follows recent attacks on Russian energy infrastructure, highlighting ongoing tensions and vulnerabilities in the region.
Russia's Rosneft reported a 68% drop in net income to $3 billion in the first half of the year, primarily due to declining oil prices caused by increased production from OPEC+ countries and U.S. output, amid ongoing geopolitical tensions and attacks on Russian oil infrastructure.
EU sanctions have led Nayara Energy, an Indian refiner partly owned by Rosneft, to require upfront payments for oil shipments, reflecting the broad impact of new EU measures targeting Russian energy trade, including stricter price caps and restrictions on Russian petroleum products.
Rosneft, Russia's second-largest company, criticized EU sanctions on its Indian refinery, Nayara Energy, claiming they are illegal and do not affect its profits directly. The sanctions, part of broader EU measures against Russia, target various Russian interests amid ongoing geopolitical tensions.