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EU Begins Drafting Embargo On Russian Oil
The European Union has started drafting its proposal for an embargo on Russian oil imports as its latest response to the war in Ukraine, the New York Times reported, citing Brussels officials and diplomats.
read more... 18/04/2022
Russian oil embargo could be part of next EU sanctions package
The European Union’s executive is drafting proposals for an EU oil embargo on Russia, the foreign ministers of Ireland, Lithuania and the Netherlands said on Monday (11 April), although there is still no agreement to ban Russian crude.
read more... 12/04/2022
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Ireland, Lithuania push EU for Russian oil sanctions ahead of Biden meeting
Ireland and Lithuania called for the EU to impose sanctions on Russia's oil trade at a meeting in Brussels on March 21 ahead of talks with US President Joe Biden later in the week.
read more... 22/03/2022
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Norway oil firms raise 2022 investment forecasts
Oil and gas firms in Norway have increased their 2022 investment forecasts during the last three months as the industry prepares to take advantage of tax incentives designed to boost activity, a national statistics office (SSB) survey showed on Thursday.
read more... 19/11/2021
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Equinor plans $8.8 bln development of world's northernmost oilfield
Norway's Equinor (EQNR.OL) said on Wednesday it plans to invest up to 75 billion Norwegian crowns ($8.80 billion) to develop the Wisting petroleum discovery, set to become the world's northernmost oilfield.
read more... 11/11/2021