Oil

Pavel Zavalny, head of the Russian State Duma Committee on Energy, said that foreign banks have lately been delaying payments for oil and gas to the Russian side, fearing sanctions.

Belarus and Russia have fixed the price of gas in rubles until the end of the year. Belarusian Deputy Prime Minister Yury Nazarov told about it.

Germany will not refuse cooperation with Gazprom, said candidate of technical sciences Alexander Vlasov FBA "Economy Today".

Europe's goal to reduce dependence on Russian gas is beneficial for US LNG exporters.

Failures are observed in payment for deliveries of Russian energy resources abroad.

The Italian oil and gas company Eni signed an agreement to increase gas production in Egypt, as well as to increase the supply of liquefied natural gas (LNG) to Europe.

China is reducing gas purchases from Russia due to the end of the heating season, lockdown and geopolitics, ABN reports.

Oil refineries in India have complained about the high cost of Russian oil. Reported by Bloomberg.

Federation Council Speaker Matvienko said that European countries may refuse Russian energy resources, RIA Novosti reports.

Ruble settlements for gas with Minsk minimize the negative impact of sanctions on Belarus.

President of Ukraine Volodymyr Zelensky called on the European Union to set specific deadlines for the complete or partial withdrawal of EU countries from Russia's gas and oil.

Transit of Russian gas through Ukraine to Europe on Tuesday will decrease by more than 20% and will reach the level of the past weekend.

The Danish energy company Ørsted refused to make payments to Gazprom in rubles, Reuters reports with reference to the head of the enterprise, Thomas Thune.

MEPs by a majority vote adopted a resolution calling on the European Union to impose an embargo on the supply of Russian gas, oil, coal and nuclear fuel.

The incident occurred at the Devonport base, located in the city of Plymouth in the southwestern part of England.