ENERGY

Orbán to ask Trump for Hungary’s exemption from US sanctions targeting Russian oil

Hungarian Prime Minister Viktor Orbán announced on Friday his intention to discuss with US President Donald Trump potential exemptions for Hungary from the recently...

Russian oil company Lukoil to sell international assets in response to Trump sanctions

Russian oil company Lukoil says it is selling its international assets in response to sanctions imposed by U.S. President Donald Trump that aim to...

Pump prices could rise after US, EU hit Russian oil companies with new sanctions and oil spikes

Oil prices spiked Thursday after the U.S. announced massive new sanctions on Russia's oil industry in an attempt to get Russian President Vladimir Putin to the negotiating table...

Council agrees to phase out Russian gas imports under REPowerEU

Today, the European Council has finalised its negotiating position on a regulation to phase out imports of Russian natural gas, a key component of...

Maritime nations to consider regulations to drive the shipping industry away from fossil fuels

The world's largest maritime nations met in London on Tuesday to discuss regulations aimed at transitioning the shipping industry away from fossil fuels to...

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