Monday, June 15, 2026
Shell says it has not agreed to Gazprom's new payment terms- oil and gas 360

Shell says it has not agreed to Gazprom’s new payment terms

Yahoo Finance LONDON – Shell said on Tuesday it has not agreed to set up a rouble account under new payment terms by Russian gas giant Gazprom to continue supplying Europe. “Shell has not agreed to new payment terms set out by Gazprom, including the creation of K (roubles) accounts,” it said in a statement. “We will work to continue

EU agrees gradual Russian oil embargo, gives Hungary exemptions- oil and gas 360

EU agrees gradual Russian oil embargo, gives Hungary exemptions

Reuters BRUSSELS -European Union leaders have agreed an embargo on Russian oil imports that will kick in around the turn of the year – and for now exempts the pipeline imports that Hungary and two other landlocked Central European states rely on. The ban, agreed overnight after weeks of wrangling, aims to remove 90% of Russia’s crude imports into the

Russia oil sanctions to burden strained supplies: Reuters poll-oil and gas 360

Russia oil sanctions to burden strained supplies: Reuters poll

Reuters Tensions over Ukraine will continue setting the tone for oil markets in coming months, with the European Union’s ban on most Russian imports sapping already constrained global crude supplies, a Reuters poll showed on Tuesday. A survey of 33 economists and analysts forecast Brent crude would average $101.89 a barrel in 2022, a slight increase from the $100.16 consensus in the previous poll published in April.

OPEC+ seen sticking with supply plan even as EU sanctions Russia- oil and gas 360

OPEC+ seen sticking with supply plan even as EU sanctions Russia

World Oil (Bloomberg) — The OPEC+ coalition will likely hold firm to its oil production plans this week even as the European Union moves to sanction group member Russia, delegates said. Global oil supply and demand levels remain stable, with no severe disruption yet to Russian exports, and thus require little action from the 23-nation alliance, according to the officials. With most

Russia widens Europe gas cuts as Gazprom halts Dutch trader's supply-oil and gas 360

Russia widens Europe gas cuts as Gazprom halts Dutch trader’s supply

Yahoo Finance Russia widened its gas cuts to Europe on Tuesday with Gazprom turning off supply to top Dutch trader GasTerra escalating the economic battle between Moscow and Brussels and pushing up European gas prices. The move comes a day after Denmark flagged a potential end to its Russian gas supply and the European Union’s toughest measure yet against Russia