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Russia has increased supplies of its oil from the Arctic to Syria, which needs the feedstock for its refineries, according to shipping data cited by an industry source and LSEG data.
The faltering volumes came as oil prices climbed with Israel and Iran trading missile attacks since Friday. Weekly average prices for Russia’s crude exports gained by about $4 a barrel last week and ...
The Arctic is gaining global attention as melting ice unlocks access to vast natural resources. From “ecosystem services” like climate regulation to lucrative mineral and oil reserves ...
without detailing the refinery’s current operational capacity. Gazprom Neft, which produces ARCO and Novy port Arctic oil grades, and the Syrian oil ministry did not respond to requests for comment.
Russia's seaborne oil product exports in May were down 1.2% from April at 9.604 million metric tons, data from industry ...
Smirnov, former chief Arctic geologist for the Soviet Union ... are now independent of the rest of Russia for their oil and gasoline. Refinery equipment, which the U.S. shipped to Russia under ...
Russia has already dispatched a record amount of oil through its section of the Arctic Circle this year, expediting cargo deliveries to China in what is an environmentally sensitive area. At least ...
Congress is once again floating the idea of using projected oil and gas revenues from leasing in the Arctic National Wildlife Refuge to offset rising deficits. But new lease sales in the Refuge ...
SINGAPORE/MOSCOW (Reuters) - Russia’s Arctic oil exports to China are set to rise sharply this month buoyed by a jump in ship-to-ship transfers at sea to ensure tankers pulling into port are not ...
The Trump administration is eying the possibility of oil leasing in Arctic Ocean areas more than 200 miles from shore, an area where U.S. territorial rights are unclear. Information about the ...