EU Commission clarifies all Russian LNG trade is banned from 2027 for EU operators
EU-based companies will be prohibited from selling Russian liquefied natural gas next year, even if buyers are located outside the EU, according to a letter seen by Reuters on Thursday."The ban prohibits companies to trade/market Russian LNG to third countries as it is not relevant whether the Russian LNG is destined for the EU or not," said the letter dated June 1 from the office of EU Energy Commissioner Dan Jorgensen, addressed to Poten and Partners, a shipping brokerage and…
Video: British Commandos Intercept Russian Tanker
British commandos boarded and intercepted a sanctioned Russian shadow fleet oil tanker in the Channel on Sunday, leading for the first time an operation to disrupt the oil revenue that helps fund Russia's war in Ukraine.The vessel Smyrtos, sailing under a Cameroonian flag, was boarded by Royal Marine Commandos and National Crime Agency (NCA) officials in the early hours on Sunday, with support from Chinook helicopters and other aircraft, a frigate and a minehunter."This successful…
Russia Conducts Baltic Sea Drills During NATO Exercises in the Region
Russia's navy has conducted military drills in the Baltic Sea, practising unguided missile launches, bombing runs and missile strikes, it said, as major U.S.-NATO exercises also took place in the region, the Interfax news agency reported on Tuesday.The NATO BALTOPS naval exercise, which began on June 4 and runs until June 20, are the biggest war games in the Baltic Sea this year, bringing together some 20 vessels from 15 nations with around 6,000 personnel.Russia carried out its own drills from June 8–9 in and near its Kaliningrad exclave…
Maritime Drone Self-Detonates in Constanta Port
A maritime drone self-detonated on Friday in Romania's Black Sea port of Constanta near an oil terminal, without causing casualties, as Ukraine accused Russia of jamming one of its vessels before it drifted into Romanian waters.The explosion was the second major incident in a populated area in Romania on NATO's eastern flank in just a week as the spillover threat increases from the war in Ukraine, which has been fighting against a full-scale Russian invasion since 2022.Ukraine's navy said one of its naval drones lost control while on a mission in the Black Sea…
TotalEnergies Remains Silent as Russia Approves Sale of Arctic LNG 2 Stake
Russian President Vladimir Putin has approved the sale of a 10% stake in the sanctioned Arctic LNG 2 project held by France's TotalEnergies to a company called Nordline LLC, according to a decree published on Wednesday.TotalEnergies declined to comment and has not issued any statement on a sale, unlike previous divestments from Russia.Reuters has identified two Russian-registered entities named Nordline LLC, both linked to private Russian LNG producer Novatek, the majority owner of Arctic LNG 2…
Russia Says Magnetic Mines Found on Tanker
Several magnetic mines had been detected on a tanker in Russia's Baltic Sea port of Ust-Luga, Russia's Investigative Committee said on Monday.The committee said the mines, manufactured in a NATO country, were found by divers during an inspection of the hull of the tanker Arrhenius, which arrived from Belgium's port of Antwerp to load liquefied petroleum gas.Russia has beefed up safety measures in its ports following suspected acts of sabotage aimed at undermining its energy infrastructure.NATO has not mined any tanker…
UK Defers Russian Crude Diesel, Jet Fuel Import Ban
Britain said on Wednesday it will continue to allow imports of diesel and jet fuel refined from Russian crude in third countries, deferring a ban first announced in October, to help the country cope with supply issues caused by the Iran war.The decision was criticised by lawmakers in Britain and Ukraine who accused the government of easing pressure on Russia and backtracking on promises to stop Moscow profiting from oil production to fund its war with Ukraine.Prime Minister Keir Starmer said the measures were part of a broader sanctions package that increased pressure on Moscow and that allowi
UK Eases Russian Fuel Sanctions to Safeguard Diesel and Jet Supply
Britain will allow imports of diesel and jet fuel refined abroad from Russian crude under a sanctions carve-out, watering down restrictions to help ensure supply at home as prices soar due to the conflict in the Middle East.While Britain's support for Ukraine remains steadfast, junior treasury minister Dan Tomlinson said, he added that the national interest had to come first and therefore a loosening of certain sanctions on some Russian products for now made sense."We have to make sure that we protect the security of supply for really important foundational goods in our economy…
Revenue for Russian LNG Exports Decreases as Shift to Asia Doubles Costs
Russia's diversification of its liquefied natural gas exports to Asia after the loss of the European market will cut its revenue due to at least a doubling of logistics costs, industry sources and analysts told Reuters.The European Union plans to fully phase out Russian LNG imports from the beginning of 2027 as part of its sanctions pressure on Moscow over the war with Ukraine.In an attempt to regain the initiative, President Vladimir Putin said early in March that Russia could…
Ukrainian Drones Hit Russian Port, Tankers and Military Ships
Ukraine launched a wave of drone attacks on targets across Russia on Sunday, hitting the Baltic Sea port of Primorsk and setting it on fire, and striking a number of vessels, as it steps up attacks on energy infrastructure and other targets.Ukraine's President Volodymyr Zelenskiy said the strikes had caused significant damage to the oil terminal port. They also hit an oil tanker, a small Russian Karakurt-class missile ship and a patrol boat in the Baltic Sea, he said on Telegram."Each such result further limits Russia’s war potential…
Ukrainian Drones Hit Tuapse Port Again, Environmental Crisis Deepens
Ukrainian drones struck Russia's Black Sea port of Tuapse on Friday for the fourth time in 16 days as authorities struggled to cope with a mounting environmental disaster from toxic black smoke clouds and oil leaking into the sea.Ukraine's SBU security service said drones had again struck the sea port and refinerythat make Tuapse an important hub for Russian oil exports.Reuters could not confirm the latest strike on the refinery, which has been hit and set ablaze at least twice…
Russian-Stolen Grain Vessel Will Not Unload in Israel
A vessel carrying grain that Ukraine says was stolen from areas occupied by Russia will not unload in Israel, Ukraine said on Thursday, after Kyiv requested Israel to seize the cargo.Ukraine's prosecutor general, Ruslan Kravchenko, said on the Telegram app that the vessel, Panormitis, left Israel's territorial waters and departed into neutral waters following "a range of procedural measures taken by Ukraine"."On the basis of the materials provided by the Ukrainian side within the framework of international legal cooperation…
Russia Adds Four LNG Carriers to Fleet
Russia has added four LNG carriers to its fleet, LSEG ship-tracking data and the Russian ship register showed on Wednesday, which could help the country to increase its market share ahead of an EU ban on Russian gas imports.The European Union in January gave its final approval to a ban on Russian gas imports by late 2027.The bloc has also imposed sanctions on Russia in response to its war on Ukraine. The sanctions have limited Russia's access to the vessels it needs to gain a…
Ukraine Strikes Russian Oil Pumping Station
Ukraine struck what it said was an oil pumping station 1,500 km (900 miles) into Russia near the Ural Mountains with drones overnight, and President Volodymyr Zelenskiy said Kyiv would keep increasing the range of its strikes.Kyiv has stepped up its attacks inside Russia in recent weeks, aiming to knock out oil refineries, depots and ports and cripple Moscow's biggest source of funding for its war in Ukraine, as global prices have risen due to the Iran war.Zelenskiy said Ukraine's security service had reported a successful strike deep inside Russia…
Russian Superyacht Crosses Strait of Hormuz
A superyacht owned by Russian billionaire Alexey Mordashov was able to transit the blockaded Strait of Hormuz after undergoing maintenance in Dubai because neither Iran nor the United States objected, a source close to Mordashov said on Tuesday.It has been unclear how the multi-deck pleasure vessel, worth over $500 million, gained permission to sail on Saturday through the commercially important waterway at the heart of the U.S.-Iran conflict, where traffic has been severely restricted since February.Sailing under a Russian flag…
Operations Paused at Tuapse Oil Refinery After Drone Attack
Russia's Tuapse oil refinery, which sells most of its products for export, halted operations following a Ukrainian drone attack on April 16, two industry sources said on Tuesday.Ukraine has increased attacks on Russia's energy infrastructure as the U.S., which had brokered peace talks to stop the conflict with Russia, has shifted its focus on the war in Iran. The U.S. has also eased some sanctions on Russian oil to help reduce the impact of supply disruption in the Gulf.According to Russian officials…
US-Sanctioned Russian LNG Makes Its Way to India
A cargo of liquefied natural gas from Russia's Portovaya plant on the Baltic Sea that is under U.S. sanctions is on its way to India, LSEG shipping data showed on Wednesday.If it reaches its destination, it would be the first such delivery to India since U.S. President Donald Trump last year said Prime Minister Narendra Modi had assured him India would stop buying Russian energy.India has never publicly confirmed any such pledge and has said its buying decisions are guided by price, supply security and consumer interests.
Rosneft Diverts Oil From Novorossiysk After Drone Attack
Rosneft is diverting oil supplies to the Tuapse refinery from the Black Sea port of Novorossiysk after the terminal, which handles roughly 14% of Russia's crude exports, was heavily damaged in a drone attack, three sources said on Monday.A Ukrainian drone attack sparked a large fire at the Sheskharis oil terminal in the Novorossiysk port last week, damaging two of its main berths and forcing oil exports from the port to halt, according to the sources, who were familiar with the…
US Considers Extending Russian Oil Waiver as Prices Spike During Iran Conflict
President Donald Trump's administration is likely to extend as soon as Friday a waiver allowing countries to buy some sanctioned Russian oil and petroleum products, two sources familiar with the matter told Reuters.The U.S.
UK Deploys Military to Deter Russian Submarine Attacks on Subsea Cables
Britain deployed military vessels to prevent any attacks on cables and pipelines by Russian submarines which spent more than a month in and around British waters earlier this year, its defence minister John Healey said on Thursday.Britain accused Russia of using the distraction of events in the Middle East to try to conduct the covert operation in the High North maritime region, home to key shipping routes and critical infrastructure such as undersea cables.Healey said British forces and allies including Norway tracked and deterred malign activity by the Russian vessels…
Novatek Establishes Company to Build Vessels, Floating Facilities Amid Global Tanker Shortage
Russia's largest producer of liquefied natural gas Novatek has set up a company to build its own vessels and floating facilities, according to the state's registry of authorised companies, amid a shortage of gas tankers due to sanctions.Ilya Lushchikov, who is also head of Novatek's Murmansk LNG project, is in charge of the new company, called Severny Inzhiniring, or Northern Engineering, which was set up on March 25, according to the registry.Novatek did not reply to a request for comment.Western sanctions imposed in 2022 significantly limited the availability for Russia of ice-class tankers
Russian Grain Vessel Found After Drone Attack, Towed to Shore
A Russian ship carrying wheat that was believed to have sunk in the Sea of Azov after a Ukrainian drone attack has been found and towed to shore, while the death toll from the attack has risen to three, state news agency TASS said on Monday.Analysts said the April 5 attack on the ship added to risks to global food security and agricultural trade stemming from the ongoing U.S.-Israeli war against Iran.Russian media said the vessel was carrying wheat from the Port of Azov, near the city of Rostov…
Ukrainian Drones Attack Caspian Pipeline Consortium's Black Sea Terminal
Russia on Monday said that Ukrainian drones attacked the Caspian Pipeline Consortium's Black Sea terminal, which handles 1.5% of global oil supply, damaging the single point mooring (SPM), loading infrastructure and four vast storage tanks.Separately, the Ukrainian military said it had struck oil loading facilities at the nearby Sheskharis oil terminal in Novorossiysk.The strikes could be among the most significant on Russia's Black Sea export facilities during the more than four-year-old war with Ukraine…