Here is the response by countries regarding purchases of Russian oil since the war in Ukraine started on Feb. 24 and how companies have acted.
The company said it would take two to four years and cost between $500 million and $700 million to replace Russian oil imports in case of a full European embargo.
The Indian private refiner, part-owned by Rosneft, has purchased Russian oil after a gap of a year, buying about 1.8 million barrels of Urals from Trafigura. A Bulgarian refinery, owned by Russia's Lukoil, and with Russian crude accounting for about 60% of its intake, continues to refine Russian crude.Indonesian state energy firm PT Pertamina is considering buying crude oil from Russia as it seeks oil for a newly revamped refinery.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
EU may offer Hungary, Slovakia exemptions from Russian oil embargoThe European Commission may spare Hungary and Slovakia from an embargo on buying Russian oil, now under preparation, wary of how dependent the two countries are on Russian crude, two EU officials said on Monday.
Les mer »
Under the skin: the carbon-neutral fuel that also cleans air | AutocarCarbon Engineering’s Air-To-Fuels process can turn CO2 scrubbed from the atmosphere directly into low-carbon synthetic crude oil
Les mer »
Factbox: Global edible oil markets simmer after shock Indonesia banIndonesia's ban on palm oil exports shocked global edible oils markets that already reached record high prices this year, and sparked alarm among major importers of the cooking medium.
Les mer »
EU is set to propose phasing out Russian oil by the end of the yearDemand concerns are a driver for oil prices amid continued lockdowns in the Middle Kingdom. However, the prospect of the EU banning Russian crude has
Les mer »
Daily on Energy: Green groups say court order shouldn't hold Biden down on leasing pauseSubscribe today to the Washington Examiner magazine and get Washington Briefing: politics and policy stories that will keep you up to date with what's going on in Washington. SUBSCRIBE NOW: Just $1.00 an issue!
Les mer »