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Russia's July seaborne oil product exports up 1.1% m/m, Reuters calculations show

Russia's July seaborne oil product exports up 1.1% m/m, Reuters calculations show MOSCOW, Aug 14 (Reuters) - Russia's seaborne oil product exports in July rose to 9.289 million metric tons, up 1.1% month on month, data from industry sources and Reuters calculations showed. Russia's offline primary oil refining capacity for July at 2.5 million tons was below June's level by some 44%, according to Reuters calculations based on data from industry sources.
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Energy group MOL's July Urals oil imports fall short of plan, sources say

Energy group MOL's July Urals oil imports fall short of plan, sources say MOSOCOW/PRAGUE, Aug 9 (Reuters) - Supplies of Russian Urals crude oil to MOL's refineries in Slovakia and Hungary via the Druzhba pipeline in July were 17% below initial nominations, data provided by industry sources and Reuters calculations show. The Hungarian energy company owns refineries in landlocked Hungary and Slovakia, both of which are fed by the Druzhba pipeline's southern spur.
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Ukraine's Naftogaz says situation around Lukoil supplies is politicised

UPDATE 1-Ukraine's Naftogaz says situation around Lukoil supplies is politicised Adds additional Naftogaz quotes, background KYIV, Aug 6 (Reuters) - The fall-out from a Ukrainian ban on the transit of oil from Russia's Lukoil's LKOH.MM is politicised and Hungary and Slovakia received the same volume of oil in July as before the ban, the head of Ukraine's Naftogaz said on Tuesday.
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Ukraine's Naftogaz CEO says situation over Lukoil oil supplies is politicised

Ukraine's Naftogaz CEO says situation over Lukoil oil supplies is politicised KYIV, Aug 6 (Reuters) - The situation with Ukraine's ban on Russian group Lukoil's LKOH.MM oil transit to Hungary and Slovakia is politicised, the head of Ukrainian firm Naftogaz said on Tuesday, saying the countries received the same amount of oil in July as before the ban.
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Fire at gas processing plant in Russia's Komi region put out, RIA says

Fire at gas processing plant in Russia's Komi region put out, RIA says MOSCOW, Aug 6 (Reuters) - A fire that broke out on Tuesday at a Lukoil-owned gas processing plant in Russia's northern Komi region has been extinguished, state news agency RIA quoted emergency services as saying. The cause of the blaze was not clear. Reporting by Reuters; Writin
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Gas processing plant ablaze in Russia's Komi region, RIA says

Gas processing plant ablaze in Russia's Komi region, RIA says MOSCOW, Aug 6 (Reuters) - A fire broke out at a Lukoil-owned gas processing plant in Russia's Komi region, state news agency RIA quoted emergency services as saying on Tuesday. Reporting by Reuters; Writing by Anastasia Teterevleva; Editing by Mark Trevelyan
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Companies sell their businesses in Russia

FACTBOX-Companies sell their businesses in Russia Adds HSBC, Danone, Hugo Boss, updates Yandex Aug 6 (Reuters) - Some Western companies have sold their Russian assets or handed them over to local managers to comply with sanctions over the war in Ukraine and respond to threats from the Kremlin that it may seize foreign-owned assets. Below are some companies that have sold their businesses in Russia, divided by sector: AUTOS Continental CONG.DE sold its Russian tyre plant to holding company S8 Cap
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Med crude-Urals diffs steady, CPC Blend up on demand for Sept cargoes

Med crude-Urals diffs steady, CPC Blend up on demand for Sept cargoes MOSCOW, Aug 5 (Reuters) - Urals crude oil differentials to dated Brent held steady on Monday, while Caspian CPC Blend estimations jumped on stronger bid s as demand emerged for September loading barrels, traders said. Oil production at Libya's Sharara field, one of the country's largest production areas, has fallen by 60,000 barrels a day due to ongoing protests in the area.
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Head of Hungary's MOL sees no reason to wean off Russian oil

Head of Hungary's MOL sees no reason to wean off Russian oil BUDAPEST, Aug 5 (Reuters) - The head of Hungarian oil and gas giant MOL has said he sees no advantage in Hungary weaning itself off Russian oil supplies, and dismissed warnings of fuel shortages in the country as "politics". Following Russia's 2022 invasion, the EU prohibited oil imports to its member states, but gave an exemption to Hungary, Slovakia and the Czech Republic to allow them to find alternative routes and supplies.
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Med crude-Urals diffs stable, CPC Blend down on offer

Med crude-Urals diffs stable, CPC Blend down on offer MOSCOW, Aug 2 (Reuters) - Urals crude oil differentials to dated Brent kept stable in an opaque market, while Caspian CPC Blend eased further on offer in the Platts window, traders said on Friday. Russia will increase oil exports via its western ports to 1.95 million barrels per day (bpd) in August, up by some 150,000 bpd from July, although high domestic demand will restrain overseas sales potential, two trade sources said on Friday.
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Gunvor's top US gasoline trader departs for Russia-backed rival, sources say

UPDATE 1-Gunvor's top US gasoline trader departs for Russia-backed rival, sources say Adds background and that Litasco could not be contacted in paragraphs 4-8 By Shariq Khan and Liz Hampton NEW YORK, Aug 2 (Reuters) - Gunvor's head of U.S. gasoline trading and executive committee member Dmitri Sinenko is leaving the Swiss trader to join Russia- backed rival Litasco, two sources familiar with the move said on Friday.
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Ukraine confirms sanctions only target oil owned by Lukoil, EU's Dombrovskis says

Ukraine confirms sanctions only target oil owned by Lukoil, EU's Dombrovskis says Aug 2 (Reuters) - Ukraine has confirmed that transit of Russian oil to Hungary and Slovakia is not affected by its sanctions as long as Russian oil producer Lukoil LKOH.MM is not the owner of the oil, EU commissioner Valdis Dombrovskis said on Friday. On Thursday, Dombrovskis had already said information provided by Hungary indicated that Russian oil imported by both countries was not subject to Ukrainian sanctions
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Slovakia, Hungary rebuff EU call to replace lost Russian oil via Croatia

UPDATE 3-Slovakia, Hungary rebuff EU call to replace lost Russian oil via Croatia Adds reaction from Croatia government, Janaf BUDAPEST, Aug 2 (Reuters) - Slovakia and Hungary on Friday rebuffed a European Commission suggestion that they could replace lost Russian oil supplies via an alternative route through Croatia, saying it would be too costly.
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Hungary says Croatia 'unreliable' when it comes to oil transit

Hungary says Croatia 'unreliable' when it comes to oil transit BUDAPEST, Aug 2 (Reuters) - Croatia is not a reliable country for the transit of oil, Hungary's foreign minister said on Friday, after the European Commission recommended that the landlocked country acquire oil through its southern neighbour. "Oil transit prices were raised fivefold since the outbreak of the (Ukraine) war by Croatia," Peter Szijjarto said.
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Slovakia says Lukoil sanctions are threat to energy security

Slovakia says Lukoil sanctions are threat to energy security PRAGUE, Aug 1 (Reuters) - Slovakia considers the situation resulting from Ukrainian sanctions that prohibit the transit of oil from Russia's Lukoil LKOH.MM as serious and a threat to energy security, the foreign ministry said in an emailed response to Reuters questions. "As long as the unblocking of oil supplies is not resolved, we still consider the situation serious and threatening to Slovakia's energy security," the ministry said.
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No threat to oil supply security in Hungary, Slovakia, EU Commission says

UPDATE 1-No threat to oil supply security in Hungary, Slovakia, EU Commission says Adds more detail, background By Jan Strupczewski BRUSSELS, Aug 1 (Reuters) - There seems to be no immediate risk to the security of oil supply to Hungary and Slovakia as sanctions imposed by Ukraine on Russian oil producer Lukoil LKOH.MM do not affect the transit of oil via Ukraine to Hungary, the European Commission said on Thursday.
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Med crude-Urals diffs hold steady on firm prices in India

Med crude-Urals diffs hold steady on firm prices in India MOSCOW, July 31 (Reuters) - Urals crude oil differentials to dated Brent held steady on Wednesday as prices for August-loading cargoes in Indian ports remained firm, market sources said. Global oil prices rose more than 2% on Wednesday, rebounding from seven-week lows, as the killing of a Hamas leader in Iran ratcheted up tensions in the Middle East and overshadowed a drawdown in U.S.
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Illimity structures 425 mln euro financing for clean up of Italian refinery

UPDATE 1-Illimity structures 425 mln euro financing for clean up of Italian refinery Recasts to focus on refinery clean up, deal structure MILAN, July 31 (Reuters) - Illimity Bank ILTY.MI said on Wednesday it had structured a financing deal worth more than 400 million euros ($434 million) for Italian refinery ISAB, which plans to reduce the environmental impact of its activities under a 1.4 bln euro investment plan.
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Ukraine PM says Lukoil sanctions do not threaten Slovakia's energy security

UPDATE 1-Ukraine PM says Lukoil sanctions do not threaten Slovakia's energy security Adds quotes from Ukraine PM, background and details from paragraph 3 KYIV, July 31 (Reuters) - Kyiv's sanctions prohibiting the transit of oil from Russian producer Lukoil LKOH.MM do not pose a threat to Slovakia's energy security, Ukraine's prime minister said on Wednesday.
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Illimity, Trafigura lend money to Italian refinery for energy transition

Illimity, Trafigura lend money to Italian refinery for energy transition MILAN, July 31 (Reuters) - Illimity ILTY.MI and commodity trader Trafigura have teamed up to lend more than 400 million euros ($434 million) to Italian refinery ISAB, which will invest 1.4 billion euros in the next decade to strengthen its business and make it greener. Italy's illimity Bank said on Wednesday it had structured 350 million euros of financing for ISAB.
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