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Focus on Surgutneftegas

FILE PHOTO: A view shows pipelines at a gas processing facility, operated by Gazprom company, at Bovanenkovo gas field on the Arctic Yamal peninsula, Russia May 21, 2019. Picture taken May 21, 2019. REUTERS/Maxim Shemetov/File Photo
AnalysisOilPoliticsTrade

Analysis: Russia’s Arctic oil feels the chill from US sanctions

US sanctions disrupt Russia's Arctic oil, stranding supplies and impacting global markets.

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Reactions to new US sanctions against Russian energy interests

New US sanctions on Russian energy target tankers, traders, and oil firms, adding uncertainty to global oil markets.

FILE PHOTO: Oil pump jack is seen in front of displayed U.S. flag in this illustration taken, October 8, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
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Dozens of oil tankers drop anchor after latest US sanctions bite

US sanctions on Russian oil spark a halt in tanker trade, with 65 vessels anchored near China, Russia, and Singapore.

FILE PHOTO: An employee counts Russian 1000-rouble banknotes in a bank office in Moscow, Russia, in this illustration picture taken October 9, 2023. REUTERS/Maxim Shemetov/Illustration/File Photo
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Russian rouble slips as oil price and forex action limit sanctions impact

Rouble weakens as U.S. sanctions target Russian oil firms, while rising oil prices and yuan forex sales offer support.

Miniatures of oil barrels and a rising stock graph are seen in this illustration taken January 15, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
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Oil hits more than 3-month high as US sanctions hit Russia exports

By Scott DiSavino NEW YORK (Reuters) – Oil prices climbed about 2% to a four-month high on Monday on expectations that wider U.S....

Ligovsky Prospect, Tutunciftlik, Izmit, Turkey, December 15, 2019. REUTERS/Yoruk Isik
BusinessEconomyNewsOilPoliticsTrade

Tougher U.S. sanctions to curb Russian oil supply to China and India

US sanctions on Russian oil force China and India to seek Middle Eastern, African supplies, spiking prices and freight costs.

FILE PHOTO: The Druzhba oil pipeline between Hungary and Russia is pictured at the Hungarian MOL Group's Danube Refinery in Szazhalombatta, Hungary, May 18, 2022. REUTERS/Bernadett Szabo//File Photo
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Hungary plans talks with allies to combat higher oil prices after new US sanctions on Russia

Hungary will talk with allies to address higher oil prices due to new US sanctions on Russia's energy sector.

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