Under the current terms of the price cap, which is set at $60, western operators can insure and transport oil from Russia only when it’s purchased below the price threshold. At the G-7 meeting on ...

The UK urged its Group of Seven allies to agree a cut to the price cap on Russian oil, saying the move is necessary ... chaired a session on Ukraine at the G-7 finance ministers’ meeting in ...

Ukraine wants the Group of Seven advanced economies to reduce its price cap on Russian seaborne oil to $30 per barrel, Foreign Minister Andriy Sybiha said on Tuesday. The current G7 price cap ...

May 20 (Reuters) - Ukraine wants the Group of Seven advanced economies to reduce its price cap on Russian seaborne oil to $30 per barrel, Foreign Minister Andriy Sybiha said on Tuesday.

M&G will have a 70% stake in M&G WHS Engineering. “This JV provides an opportunity for M&G group to diversify its business activities into the oil and gas engineering segment.” ...

BANFF, Alberta, May 22 (Reuters) - A European official said on Thursday that the United States is "not convinced" about lowering the Group of Seven nations (G7) price cap on Russian crude oil.

Finance ministers and central bank governors from the G7 countries discussed the possibility of lowering the agreed price cap on Russian oil if Moscow refuses to agree to a ceasefire, Reuters reported ...

PARIS, France - Oil prices slumped on Monday after OPEC+ countries announced a production hike despite oversupply concerns and growing fears that US President Donald Trump's trade war could weaken ...

Motorists should brace for higher retail prices of petroleum products beginning Tuesday, May 20, 2025 as oil companies announced Monday big time price hike. In an advisory, Shell Pilipinas and Seaoil ...

Suriname President Chan Santokhi has vowed days ahead of elections that his country will maintain its rare status as a carbon negative nation, despite plans to exploit massive oil reserves.

“The talks will focus on the revival of the Kirkuk pipeline that transported crude oil to a Syrian port on the Mediterranean,” a statement by the Iraqi Prime Minister’s office said at the weekend. The ...

This well-maintained four-bedroom, one-bathroom house is located in a quiet and family-friendly neighborhood at 1 Girra Street. With plenty of space for the whole family, this property offers both ...