Shell will still keep the stake in the Caspian Pipeline Consortium - rather than own it jointly with the sanctioned Russian energy giant, people with knowledge of the matter said ... .
Germany plans to tweak the system that controls Rosneft's local assets to ensure it is complying with the tougher U.S. sanctions imposed on the Russian oil company last month ... .
When PresidentDonald Trump in October slapped sanctions on Rosneft and Lukoil, which together account directly or indirectly for around two-thirds of Russia’s oil exports, the U.S. struck at the core of the Kremlin’s revenue base ....
... Rosneft will move forward with the Tuban Refinery project is expected by mid-December 2025 ... Rosneft is currently in discussions with Pertamina,” Lahadalia told reporters in Jakarta on Monday.
Economic and military pressures could force Russia’s hand. But its economy, though strained, is not strained enough to do that, analysts say. And PresidentVladimir V. Putin says Russia is winning the war ... .