Tag: Russia

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Oil down nearly US$1 on bearish US data, crude stocks build

Oil futures fell by nearly US$1 on Thursday, extending losses from the previous day, as a surprise jump in US crude stocks weighed on the...

China’s COVID reopening set to push 2023 oil demand to new high, IEA says

The lifting of COVID-19 restrictions in China is set to boost global oil demand this year to a new record high, the International Energy...

Lukoil sells oil refinery in Sicily to G.O.I. ENERGY, Trafigura

Russia's second-largest oil producer Lukoil (LKOH.MM) said on Monday it has reached an agreement to sell its ISAB oil refinery in Sicily to G.O.I. ENERGY, which...

Russia’s Putin clears foreign currency settlements for gas debt

Russia will allow countries to pay debt settlements for gas supplies in a foreign currency, according to changes made by President Vladimir Putin on...

Russia’s Rosatom sees 2022 exports growth at 15% – report

Russia's Rosatom expects its 2022 exports growth at 15%, while its foreign order portfolio has remained stable at $200 billion, the state nuclear energy...

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World Bank’s Banga says more bilateral debt forgiveness needed

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

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