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Russia Energy

All articles tagged with #russia energy

Tatneft Caps Fuel Sales Across Russia After Drone Strike Hit Refineries
business1 month ago

Tatneft Caps Fuel Sales Across Russia After Drone Strike Hit Refineries

Tatneft has imposed caps on gasoline and diesel purchases at about 800 stations nationwide following Ukrainian drone strikes on its refineries, with regional limits such as 30 L gasoline/60 L diesel in Chelyabinsk and 20 L gasoline/40 L diesel in southern Moscow; the Taneco refinery in Nizhnekamsk reportedly halted operations after the strike, and Tatneft’s shares fell over 3% as authorities attribute shortages to drone attacks and coordinate an industry-wide response to stabilize energy supplies.

EU Implements Stringent Sanctions on Russia's Energy Sector Amid Ukraine Conflict
world1 year ago

EU Implements Stringent Sanctions on Russia's Energy Sector Amid Ukraine Conflict

The EU has imposed its 18th round of sanctions on Russia, targeting energy and banking sectors, banning transactions with 22 banks, restricting Russian oil imports, and lowering the oil price cap to $47.60 per barrel, aiming to pressure Moscow amid ongoing conflict in Ukraine, despite limited success and opposition from some member states.