Russian state-owned pipeline company Transneft has started supplying Germany with crude oil from Kazakhstan through the Druzhba pipeline. (2023 REUTERS/Maxim Shemetov/File Photo) MOSCOW (Archyde.com) – Russia’s state-owned pipeline company Transneft began supplying Germany with crude oil from Kazakhstan on Monday through the Druzhba pipeline. On the other hand, crude oil supply to Poland, which is … Read more
Officials from South Korea’s Ministry of Trade, Industry and Energy are visiting the United States this week to express “concerns” over the U.S.’s anti-inflation law passed on Thursday. Pictured is a Hyundai electric vehicle. FILE PHOTO: Paris October 2018. REUTERS/Benoit Tessier SEOUL (Archyde.com) – Officials from South Korea’s Ministry of Trade, Industry and Energy are … Read more
[London / Dubai 30th Archyde.com]–The OPEC Plus, which is made by the Organization of Petroleum Exporting Countries (OPEC) and non-member oil producing countries such as Russia, decided to increase production at the meeting on June 2, and the “shadow” by Saudi Arabia. There was a diplomatic effort. Saudi Arabia, which had been trying to increase … Read more
On June 11, US gasoline prices exceeded $ 5 a gallon for the first time. The rise in fuel costs, which is the main factor pushing up prices, will not stop. Taken in May in New Jersey (2022 Archyde.com / Eduardo Munoz) [Archyde.com]-US gasoline prices exceeded $ 5 a gallon for the first time on … Read more
On May 20, shipping data and oil traders revealed that China was secretly expanding imports of cheap Russian crude oil. Taken in June 2019 at Sinopec Oil Facility in Nantong, China (2022 Archyde.com) [Singapore, 20th Archyde.com]–China’s imports of cheap Russian crude oil are secretly expanding, according to shipping data and oil traders. After the invasion … Read more
In the first quarter financial results announced by British oil giant BP on May 3, net income was the highest level in more than 10 years. It also announced an expansion of share buybacks. Taken in January 2021 near Brighton, UK (2022 Archyde.com / Toby Melville) [London, 3rd Archyde.com]–The first quarter financial results released by … Read more
It has been found that refueling companies have stopped replenishing Russian-registered merchant ships at major European ports such as Spain and Malta. The photo is the Rock of Gibraltar. Taken in January 2021 (2022 Archyde.com / Jon Nazca) [Archyde.com]–It was found that refueling companies have stopped replenishing Russian-registered merchant ships at major European ports such … Read more
China’s state-owned oil and gas giant, Sinopec Group, has terminated talks on Russia’s large-scale petrochemical investment and gas sales business, sources said. Taken in August 2008 (2022 Archyde.com / Bobby Yip) [Archyde.com]–China’s state-owned oil and gas giant, Sinopec Group, has terminated talks on Russia’s large-scale petrochemical investment and gas sales business, sources said. It is … Read more