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As part of the sanctions imposed on the Russian Federation as a result of the Russo-Ukrainian War, on September 2, 2022, finance ministers of the G7 group of nations agreed to cap the price of Russian oil and petroleum products in an effort intended to reduce Russia's ability to finance its war on Ukraine while at the same time hoping to curb further increases to the 2021–2023 inflation surge.
Website. tass .com. The Russian News Agency TASS (Russian: Информационное агентство России ТАСС, romanized: Informatsionnoye agentstvo Rossii, or Information agency of Russia), abbreviated TASS ( ТАСС ), is a Russian state-owned news agency founded in 1904. It is the largest Russian news agency and one of ...
Indian private refiner, part-owned by Russia's Rosneft, has purchased Russian oil after a gap of a year, buying about 1.8 million barrels of Urals from trader Trafigura. The following lists those ...
When Arctic nations simulated a large oil spill for a virtual training exercise in March off northern Norway, Russia also took part - a rare sign of cooperation between Moscow and the West that ...
The name Novorossiya, which means New Russia, entered official usage in 1764, after the Russian Empire conquered the Crimean Khanate, and annexed its territories, [2] when Novorossiya Governorate (or Province) was founded. Official usage of the name ceased after 1917, when the entire area (minus Crimea) was incorporated in the Ukrainian People ...
A Ukrainian deputy prime minister said on Friday Russian oil refineries were legitimate targets for its forces, after a media report said the United States, a close ally, had asked Kyiv to stop ...
Russian crude oil production (red) and crude oil exports (black). The Petroleum or oil industry in Russia is one of the largest in the world. Russia has the largest reserves and was the largest exporter of natural gas. [1] It has the sixth largest oil reserves, and is one of the largest producers of oil. [2]
March 19, 2024 at 5:11 AM. MOSCOW (Reuters) - A Russian energy ministry official told a parliament meeting on Tuesday there were plans to defend oil and gas facilities with missile systems."We are ...