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The 122-word caption reads in part: “Uranium Ban in Niger Sparks Protests and Energy Crisis in France and the EU’ Niger, with the world’s 7th largest uranium deposits, has banned exports to France and the EU. Despite reported fears of it happening, the country did not declare any plans to halt uranium exports as of the time of writing, Aug. 16 (here). RUSSIAN OILAlthough the European Union has banned certain types of oil supplies from Russia, the region continues to receive Russian oil. In addition, Russian pipeline oil supplies to the EU are excluded from the EU ban. Niger has not announced the halt of uranium exports to France and the EU, as of Aug. 16, and parts of the EU do still receive Russian oil.
Persons: Mohamed Bazoum, Euratom, Read Organizations: European Union, Niger Sparks, Energy, EU, World Nuclear Association, Reuters, Canada, French Le Monde Locations: Niger, France, Europe, Russia, Ukraine, Nigerien, Kazakhstan, French, Bulgaria, Russian, Hungary, Slovakia, Czech Republic
POKROVSK, Ukraine, Aug 7 (Reuters) - Russian missiles struck the eastern Ukrainian city of Pokrovsk twice on Monday night, killing nine people, wounding scores and destroying apartments and a popular hotel, officials said. [1/8]A view shows a building destroyed during a Russian missile strike, amid Russia's attack on Ukraine, in Pokrovsk, Donetsk region, Ukraine August 7, 2023. It was one of the few still operating in the eastern Donetsk region, close to the frontline. Then the second blast hit her building. Another resident, 75-year-old Lidia, said she was on the phone when the second blast hit.
Persons: Volodymyr Zelenskiy, Zelenskiy, Alexei Kulemzin, Administration Pavlo Kyrylenko, Lidia, Vladyslav Smilianets, Olena Harmash, Nick Macfie, Cynthia Osterman Organizations: Donetsk Regional, Administration, REUTERS Residents, Thomson Locations: POKROVSK, Ukraine, Russian, Ukrainian, Pokrovsk, Bakhmut, Donetsk, Donetsk region, Handout
A view shows a leak detected in Druzhba oil pipeline as reported by Polish pipeline operator PERN, in Chodecz, Poland August 5, 2023, in this picture obtained from social media. The leak was detected near Chodecz, central Poland, on one of the two lines of the western section of the Druzhba through which crude oil reaches Germany, PERN said. Germany stopped buying Russian oil in January, but German media have reported that Kazakh oil was being imported through the line. The Druzhba oil pipeline is one of the world's largest and can carry 2 million barrels per day. Flows through the Druzhba pipeline have dropped sharply since Russia's invasion of Ukraine and pipeline infrastructure has been hit several times since in attacks that Moscow has blamed on Ukraine.
Persons: Anna Trzeciakowska, Grzegorz Jankowski, Vera Eckhert, Pavel Polityuk, Frances Kerry, Philippa Fletcher Organizations: REUTERS Companies, Firefighters, State Fire Services, TVN24, German Economy Ministry, Thomson Locations: Chodecz, Poland, WARSAW, Russia, Europe, Moscow, Ukraine, Germany, Wloclawek, Eastern, Central Europe, Belarus, Nord, Baltic
June 17 (Reuters) - Russian air defence units repelled a Ukrainian drone attack overnight on a pumping station on the Druzhba oil pipeline in the Bryansk region adjoining Ukraine, the region's governor said on Saturday. Three Ukrainian military drones were destroyed in the attack in the Novozybkov district, Alexander Bogomaz wrote on Telegram. Drone attacks inside Russia have been increasing in recent weeks, frequently targeting energy facilities. Russia blames Ukraine although Kyiv does not publicly acknowledge responsibility for them. The southern branch of the Soviet-era Druzhba pipeline crosses Ukraine and, despite the conflict there, continues to supply crude oil to Hungary, Slovakia and the Czech Republic.
Persons: Alexander Bogomaz, Kevin Liffey, Frances Kerry Organizations: Reuters, Thomson Locations: Ukrainian, Bryansk, Ukraine, Novozybkov, Russia, Kyiv, Hungary, Slovakia, Czech Republic
The southern branch of the Druzhba pipeline supplies Hungary, Slovakia and the Czech Republic. The EU imposed an embargo on Russian oil purchases via maritime routes from December. Hungary, Slovakia and Czech Repubic were, however, allowed to continue Russian oil imports as critical feedstock. Oil supplies via a section of the southern Druzhba pipeline were temporarily suspended in November following shelling on a power station which provides electricity for a pump station. The Druzhba pipeline crosses Belarus and Ukraine and remains an income source for both countries which receive transit fees.
Persons: Unipetrol, Poland's PKN, uninterruptedly, PKN Orlen, Emelia Sithole Organizations: European Union, EU, MOL, Reuters, Minsk, Thomson Locations: MOSCOW, Ukraine, Russian, Europe, Russia, Moscow, Hungary, Slovakia, Czech Republic, Druzhba, Czech, Belarus, Kiev, Adria, Ukrainian
SummarySummary Companies Drones attack Druzhba pipeline infrastructure, Russian media sayDrones strike far inside RussiaOne killed in shelling near Ukraine borderRussian forces intercept British Storm Shadow missilesMOSCOW, May 27 (Reuters) - Ukraine struck oil pipeline installations deep inside Russia on Saturday with a series of drone attacks including on a station serving the Druzhba pipeline, while shelling from Ukraine killed at least two, Russian officials and media said. Ukraine has not publicly acknowledged launching attacks against targets inside Russia. The Telegram channel Baza, which has good sources among Russia's security services, said the drones attacked a station serving the Druzhba pipeline. Russia's oil pipeline operator Transneft (TRNF_p.MM) said earlier this month that a filling point on Druzhba in a Russian region bordering Ukraine had been attacked. Kyiv officials have previously said that Western-supplied weapons would be used exclusively against Russian forces inside Ukraine.
Ukrainian serviceman operates a reconnaissance unmanned aerial device over the outskirts of Bakhmut town, amid Russia's attack on Ukraine, near a frontline Donetsk region, Ukraine May 25, 2023. Ukraine struck oil pipeline installations deep inside Russia on Saturday with a series of drone attacks including on a station serving the vast Druzhba oil pipeline that sends Western Siberian crude to Europe, according to Russian media. Ukraine has not publicly acknowledged launching attacks against targets inside Russia. The Telegram channel Baza, which has good sources among Russia's security services, said the drones attacked a station serving the Druzhba pipeline. Russia's oil pipeline operator Transneft said earlier this month that a filling point on Druzhba in a Russian region bordering Ukraine had been attacked.
Russia claimed victory over Bakhmut after a monthlong battle over the eastern Ukrainian city. On Sunday, Russia's defense ministry backed a claim first made by the head of the Wagner paramilitary group, Prigozhin, that Russian forces have seized Bakhmut. "Their capture does not grant Russian forces operationally significant terrain to continue conducting offensive operations or any particularly strong position from which to defend against possible Ukrainian counterattacks." The battle in Bakhmut has also, at times, put the Wagner leader at odds with Russian President Vladimir Putin. "Russian forces will likely need additional reinforcements to hold Bakhmut City and its flanks at the expense of operations in other directions," ISW reported.
CNN —Ukraine has claimed it still controls parts of Bakhmut after Russian forces said they had finally captured the besieged eastern city. Ukraine’s deputy defense minister, Hanna Maliar, said Monday that Ukrainian forces were still in control of some buildings in the southwest of Bakhmut, two days after Russia claimed to have captured the city. Russian forces, bolstered by members of the Wagner mercenary group, have taken heavy losses trying to capture the city. Only two roads out to the west have remained outside Russian control, though for Ukrainian forces trying to re-supply the city, the drives in have been treacherous. Before the war, around 70,000 people lived in Bakhmut, a city once famous for its sparkling wine.
Intelligence documents leaked last month offered a glimpse into Ukraine's wartime strategy. Among the Ukrainian's secret plans: occupy Russian villages and bomb an oil pipeline. Among the extreme strategies Zelenskyy considered: occupying Russian villages, bombing an oil pipeline that transfers Russian oil to Hungary, and firing long-range missiles at targets beyond the Russian border. In another meeting, the Ukrainian leader lamented, "Ukraine does not have long-range missiles capable of reaching Russian troop deployments in Russia nor anything with which to attack them." Representatives for the Pentagon and Ukraine's Ministry of Defense did not immediately respond to Insider's requests for comment.
May 10 (Reuters) - Russia's oil pipeline operator Transneft (TRNF_p.MM) said on Wednesday that a filling point on the Europe-bound Druzhba pipeline in a Russian region bordering Ukraine had been attacked, the TASS news agency reported, citing the company. Transneft said nobody was injured in the incident, which it branded a "terrorist attack", TASS reported. "Yes, indeed, early this morning there was an attempt to commit a terrorist act against the Druzhba oil pipeline system at the Bryansk filling station," Transneft's spokesman told TASS. Early on Wednesday, Baza, a Telegram channel with links to Russia's law enforcement agencies, reported that three empty oil reservoirs at the Druzhba pipeline's filling station came under attack. Druzhba pipeline was attacked several times after the start of what Kremlin casts as a special military operation in Ukraine last February.
[1/2] Zsolt Hernadi, Executive Chairman of Hungarian oil and gas group MOL poses during an interview with Reuters in Budapest, Hungary, April 27, 2023. Hernadi said MOL was fighting to prevent a hike in oil transit fees in Ukraine and also in Croatia. The BTC pipeline transports crude oil from offshore oil fields in the Caspian Sea to the Turkish coast. He said MOL would pay Ukraine's pipeline operator Ukrtransnafta directly for the transit of Russian oil but there was still a dispute over a Ukrainian hike in fees. "There are still disputes, discussions ongoing about the transit fee, as a multi-fold increase has been flagged (by Ukraine)."
Germany, Poland and a few other EU nations are pushing for sanctions on Russian nuclear energy, as the bloc looks at new ways to hurt the Kremlin's revenues amid Moscow's invasion of Ukraine. The 27 European nations have sanctioned Russian seaborne oil, coal and significantly cut purchases of natural gas from Moscow in the wake of its war with Ukraine. "The nuclear sector is still outstanding. Nuclear technology is an extremely sensitive area, and Russia can no longer be seen as reliable partner within it," he said. "Between March and December 2022, Russia exported just over $1 billion-worth of materials and technology of relevance to the nuclear energy sector," the Royal United Services Institute, a think tank, said in a report in February.
Schwedt has traditionally supplied 90% of the gasoline, diesel, jet fuel and fuel oil used in Germany's capital city. Moscow last month retaliated against their bilateral efforts by halting oil flows to Poland via the Druzhba pipeline, thereby squeezing Poland’s ability to free up oil for Schwedt. Polish state-controlled refiner PKN Orlen now needs to use more capacity at the Gdansk oil terminal to feed its own Plock refinery. ROSNEFT STAKEGermany and Poland started discussions about shipping non-Russian oil to Schwedt via the port of Gdansk, Polish pipelines and Druzhba in early spring 2022. KEBCOIn a move that further complicated talks with Poland, Germany late last year approached Kazakhstan about supplies for Schwedt, sparking new concerns in Warsaw.
WARSAW, March 6 (Reuters) - Poland's PKN Orlen (PKN.WA) will demand compensation after Russia halted oil deliveries to Poland via the Druzhba pipeline in late February, Chief Executive Officer Daniel Obajtek said on Monday, without giving further details. "... Russians stopped pumping oil to Poland...so we will now take legal action and demand claims," he told private Radio Zet. He declined to give a value for potential compensation saying he could not discuss details of company contracts. Last March, Poland pledged to stop using Russian oil by the end of 2022, the same time as PKN's long-term contract with Rosneft (ROSN.MM) expired. Last week Prime Minister Mateusz Morawiecki said Poland would cut its oil imports from Russia to close to zero in February-March from around 10% of the oil refined by PKN at the beginning of 2023.
Losses were limited by oil supply concerns after Russia halted exports to Poland via a key pipeline. That positive economic data helped global stock markets to rebound, yet shares remained near six-week lows as investors braced for interest rate hikes in the United States and Europe. Adding to global oil demand worries, rising Sino-U.S. tensions hammered equity markets in China and Hong Kong while investors awaited policy signals from the upcoming National People's Congress. On Monday, Russian oil pipeline monopoly Transneft said it started pumping oil from Kazakhstan to Germany via Poland through the Druzhba pipeline, while halting deliveries to Poland. Russia announced plans this month to cut oil exports from its western ports by up to 25% in March versus February, exceeding previously mooted production cuts of 5%.
Meanwhile, Russia halted supplies of oil to Poland via the Druzhba pipeline, Polish refiner PKN Orlen (PKN.WA) said on Saturday, a day after Poland said it had delivered its first Leopard tanks to Ukraine. Russian pipeline operator Transneft blamed the halt on a lack of completed paperwork for supplies for the second half of February. Russia announced plans earlier this month to cut oil exports from its western ports by up to 25% in March versus February, exceeding its previously mooted production cuts of 5%. "Russian oil output has exceeded expectations in recent months due to lax EU/US sanctions," Bank of America said in a note. Adding some downside pressure, U.S. crude oil inventories surged to the highest level since May 2021 last week, data from the Energy Information Administration (EIA) showed.
Oil lower on firm dollar, market shrugs off Russian supply cuts
  + stars: | 2023-02-27 | by ( ) www.cnbc.com   time to read: +3 min
Oil storage tanks stand at the RN-Tuapsinsky refinery, operated by Rosneft Oil Co., at night in Tuapse, Russia. Oil prices inched lower in volatile trade on Monday, as a stronger dollar and fears of recession risks offset gains arising from Russia's plans to deepen oil supply cuts. A firm dollar makes commodities priced in the U.S. currency more expensive for holders of other currencies. Adding to the downside pressure, U.S. crude oil inventories surged to the highest level since May 2021 last week, data from the Energy Information Administration showed. Oil prices have fallen by about a sixth in the year since Feb. 24, 2022, when Russian troops first marched into Ukraine.
Companies Polski Koncern Naftowy Orlen SA FollowSINGAPORE, Feb 27 (Reuters) - Oil was little changed in early trade on Monday, as Russia's plans to deepen oil supply cuts continued to support prices, while increasing global inflation risks and rising crude inventories in the United States weighed. Oil prices have fallen by about a sixth in the year since Feb. 24, 2022, when Russian troops first marched into Ukraine. Two weeks after the invasion, prices surged to a record high of nearly $128 a barrel over supply concerns, but have since cooled over fears of a global economic slowdown. "China's manufacturing PMI data for February will be key to steering the oil prices for this week. A rebound in Chinese economic data will boost sentiment and improve the demand outlook," said Tina Teng, an analyst at CMC Markets.
WARSAW, Feb 25 (Reuters) - Russia has halted supplies of oil to Poland via the Druzhba pipeline, Daniel Obajtek, chief executive officer of Polish refiner PKN Orlen (PKN.WA), said on Saturday. PKN Orlen said it could fully supply its refineries via sea and that the halt in pipeline supplies would not impact deliveries of gasoline and diesel to clients. The pipeline, which supplies oil to Poland and Germany, as well as to Hungary, Czech Republic and Slovakia, was excluded from sanctions to help countries with limited options for alternative deliveries. Following the invasion of Ukraine and before the EU embargoed seaborne supplies from Russia, Orlen stopped buying Russian oil and fuels via the sea. Its capacity tops volumes that can be processed by Polish refineries and is in part used to supply oil to refineries in eastern Germany that are linked to Druzhba.
The benchmarks closed lower by about 4% last week after the United States reported higher crude and gasoline inventories. Expectations that the U.S. Federal Reserve will continue raising interest rates which could strengthen the dollar also capped oil prices. China is the world's largest crude oil importer. China, along with India, have become top buyers of Russian crude following the European Union embargo. India's Russian oil imports hit a record 1.4 million barrels per day in January, trade data showed.
MOSCOW, Feb 17 (Reuters) - Kazakhstan will supply 100,000 tonnes of oil via Russia's Druzhba pipeline to Germany in March for the PCK Schwedt refinery after it agreed commercial and legal terms with all parties involved, two sources familiar with the talks said. Kazakhstan's Kazmunaigaz (KMG) oil company will supply the volume via the pipeline system of Russia's Transneft to the refinery, the sources said. The oil will be supplied to Rosneft Deutschland, which Germany had put under a trusteeship of the German industry regulator, the sources said. Germany stopped Russian oil imports via Druzhba from January and has been working hard to try to secure supply for Schwedt from alternative routes. Eni, which owns 8.33% in PCK Schwedt, didn't immediately answer a Reuters request for comment.
Russia announced that it would cut oil production by 500,000 barrels per day in March after the West slapped price caps on Russian oil and oil products. The European Union's embargo on Russian oil products came into effect on Feb. 5, building on the $60 oil price cap implemented by the G-7 (Group of Seven) major economies on Dec. 5. Bosoni, who's head of the oil industry and markets division at the IEA, told CNBC on Wednesday that Russian oil production and exports had held up "much better than expected" in recent months. Some Russian oil is also still making its way to Europe through the Druzhba pipeline and Bulgaria, both of which are exempt from EU embargo. watch now"The price cap was put in place to allow for Russian oil to continue to flow to market, but at the same time reducing Russian revenues.
LONDON, Dec 29 (Reuters) - Oil prices pared losses after falling by over $2 earlier in the session, as a weaker dollar partially offset demand fears resulting from surging COVID-19 cases in China. U.S. West Texas Intermediate crude futures fell $1.07, or 1.36%, to $77.89 a barrel, after reaching session lows of $76.79. A weaker dollar makes oil cheaper for holders of other currencies and can boost demand. U.S. crude oil inventories fell less than expected, by about 1.3 million barrels, in the week ended Dec. 23, according to market sources citing American Petroleum Institute figures. Markets, however, drew some support from Russian President Vladimir Putin's ban on exports of crude oil and oil products from Feb. 1 for five months to nations that abide by a Western price cap.
Oil falls as China COVID spike dampens demand outlook
  + stars: | 2022-12-29 | by ( Rowena Edwards | ) www.reuters.com   time to read: +2 min
LONDON, Dec 29 (Reuters) - Oil prices fell by over 2% on Thursday as surging COVID-19 cases in China dimmed hopes of a recovery in fuel demand for the world's largest crude oil importer. U.S. crude oil inventories fell less than expected, by about 1.3 million barrels, in the week ended Dec. 23, according to market sources citing American Petroleum Institute figures. Markets, however, drew some support from Russian President Vladimir Putin's ban on exports of crude oil and oil products from Feb. 1 for five months to nations that abide by a Western price cap. Germany said the ban has "no practical significance" as the country has been working since spring to replace Russian oil supplies and ensure security of supply. Russian oil pipeline operator Transneft said Kazakhstan's KazTransOil had requested an additional 1.2 million tonnes of capacity on the Druzhba pipeline for 2023 to facilitate extra oil shipments to Germany, the RIA Novosti news agency reported.
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