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Ukrainian attack halts oil exports from Russia’s Novo, affecting 2% of global supply, sources say

Ukrainian attack halts oil exports from Russia’s Novo, affecting 2% of global supply, sources say

by AIP Online Bureau | Nov 17, 2025 | Eco/Invest/Demography, International News, Risk Management

The attack was one of the biggest on Russian oil-exporting infrastructure in recent months. It follows a ramping-up of Ukrainian strikes on Russian oil refineries since August, part of an attempt by Kyiv to degrade Moscow’s ability to finance its war MOSCOW:...

US sanctions Russian oil majors over Ukraine, prompting jitters in India and China

by AIP Online Bureau | Oct 23, 2025 | Eco/Invest/Demography, International News, Policy, Regulation

The sanctions target oil giants Rosneft and Lukoil, which between them account for more than 5% of global oil output In another bid to starve Moscow of revenue, the EU also approved a 19th package of sanctions that includes a ban on Russian liquefied natural gas...
US calls on G7, EU to impose tariffs on China, India over Russian oil purchases

US calls on G7, EU to impose tariffs on China, India over Russian oil purchases

by AIP Online Bureau | Sep 14, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

A U.S. Treasury spokesperson called on G7 and European Union allies to impose “meaningful tariffs” on goods from China and India to pressure them to halt their purchases of Russian oil WASHINGTON: Group of Seven nations’ finance ministers discussed...
Fossil-Fuel Demand: Myth of peak is crumbling

Fossil-Fuel Demand: Myth of peak is crumbling

by AIP Online Bureau | Sep 12, 2025 | Articles, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Policy

For now, the world isn’t performing an “energy transition” but an “energy addition,” where renewables top up oil, gas and coal. Regardless of well-intended green aspirations, that will remain the case for years, if not decades, unless governments impose significant...
Nayara turns to dark-fleet tankers and Russian oil for survival

Nayara turns to dark-fleet tankers and Russian oil for survival

by AIP Online Bureau | Aug 21, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management

The refiner, part-owned by Russian oil major Rosneft PJSC, is an important pillar of the Indian market. Its 400,000 barrels-a-day processing plant accounts for 8% of the country’s refining, and the company operates 7% of its fuel stations. It’s been forced to reduce...
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