Russian oil and gas News

Russia’s Oil Is Finally Getting Snarled by Sanctions

The Russian oil-export machine funding the Kremlin’s war in Ukraine is finally getting some grit in its gears. Indian oil refiners — Moscow’s second-biggest customers after China since the 2022 invasion — will no longer accept tankers owned by state-run …

Denmark Detains Shadow Fleet Oil Tanker After Ship Collision

Danish maritime authorities have detained a tanker that was due to carry Russian oil after it collided with another ship in its waters earlier this month. The Andromeda Star collided with a cargo ship called Peace south of Copenhagen on …

Shadow-Fleet Oil Tanker Damaged in Collision Near Denmark

A tanker from the shadow fleet of ships assembled to carry Russian oil was involved in a collision near Denmark, casting fresh light on the risks vessels with unknown ownership pose to the world’s oceans. The incident, which involved the …

Nord Stream Sues Insurers in London Over 2022 Pipeline Blasts

Nord Stream is seeking more than 400 million euros ($436 million) from its insurers over explosions in 2022 which ruptured pipelines designed to transport Russian gas to Germany, court filings show. Nord Stream AG names Lloyd’s Insurance Co. and Arch …

Russia Oil Fleet Shifts Away From Liberia, Marshall Island Flags as Sanctions Ramp Up

Dozens of oil tankers used by Russia have stopped sailing under the Liberian and Marshall Islands flags in recent weeks after the United States ramped up sanctions enforcement on ships linked to those registries, according to shipping data and interviews …

Update: Tankers Tied to the Russian Oil Trade Grind to Halt Following US Sanctions

A chunk of the vast fleet of tankers that Russia uses to deliver its crude oil is grinding to a halt under the weight of US sanctions, a sign that tougher measures by western regulators might be starting to have …

Shadow-Fleet Oil Tanker Insurer Gets Shut Down by Marshall Islands

A company that offers insurance to the burgeoning shadow fleet of oil tankers — including one that ran aground off the coast of Indonesia — was shut down by the Marshall Islands, the firm’s only published address. The Continental Steamship …

Shadow-Fleet Oil Tanker Runs Aground Near Singapore

A shadow-fleet oil tanker that had previously falsified its location to avoid detection on digital ship-tracking systems ran aground near Singapore, a stark reminder of the environmental risks that such vessels pose. A spokesman for the Indonesian navy said the …

EU Proposes to Ban Sale of Tankers to Russia to Curb Growth of Shadow Fleet

The European Commission is proposing to ban the sale of tankers for crude oil and petroleum products to Russia to prevent Moscow bypassing western sanctions on Russian oil with a shadow fleet of ships, a proposal by the Commission showed. …

World’s Ghost Fleet in Focus Over US Russian Price-Cap Crackdown

U.S. penalties on shippers transporting Russian oil in breach of the G7’s price cap could push more Russian cargoes onto vessels referred to as the ghost fleet and away from mainstream tankers, shipping sources and analysts told Reuters. The cap …