Russia appears to have recently added four LNG carriers to its growing dark fleet of tankers exporting cargoes from the sanctioned Arctic LNG 2 project, a Bloomberg analysis of shipping data showed on Monday.
Ukraine said it struck two major fuel-producing facilities and an oil pumping station in Russia, adding more pressure on the nation’s refinery runs that hit multi-year lows in April.
Russia said it has no plans of leaving its alliance with OPEC after the United Arab Emirates’ shock decision to quit the cartel raised questions about its future amid a historic supply disruption caused by the Iran war.
The European Union would prefer Southeast Asian countries to diversify their oil supply by buying oil from producers other than Russia, the EU’s foreign policy chief Kaja Kallas said on Tuesday during meetings of representatives with ASEAN countries.
Russia has restarted limited oil loadings at its Black Sea port of Novorossiysk after a drone attack earlier this week forced a full suspension.
Russia would be ready to keep supplying natural gas to Europe if there are any volumes left from increased exports to other markets, Kremlin spokesman Dmitry Peskov told Russian media on Sunday.
Russia has offered several cargoes of liquefied natural gas from Novatek’s Arctic LNG 2 facility to South Asian buyers, Bloomberg has reported, noting the facility is under U.S., EU, and UK sanctions.
Drones attacked Russia’s Ust-Luga port on the Baltic Sea setting it on fire as Ukraine carried out the most intense air strike on its foe in more than a year.
Russia is ready to divert oil to India to offset Middle East supply disruptions, with about 9.5 million barrels of Russian crude in vessels near Indian waters and able to arrive within weeks, an industry source with direct knowledge told Reuters. The source declined to say where the non Russian fleet cargoes were originally headed but said they could deliver to India within weeks, giving refiners rapid relief.
Russia’s oil exports were essentially flat in 2025 compared to a year earlier, with most supplies – a massive 80% — going to China and India, Russian Deputy Prime Minister Alexander Novak said on Friday.