KazMunayGas (KMG) and Russia's Lukoil are now trying to solve the issue of financing the further implementation of the Kalamkas-Sea and Khazar projects in Kazakhstan's sector of the Caspian Sea, head of the Kazakh state oil company Askhat Khassenov said.
The United States confirmed during talks with representatives of allied countries its intention to continue the process of easing sanctions on Russian oil amid rising global prices, Bloomberg reported citing sources.
They had been under restrictions since the spring 2022
According to Prime Minister Robert Fico, Slovakia may oppose the EU's adoption of a new package of anti-Russian sanctions.
U.S. Treasury Secretary Scott Bessent said the maximum extra amount of oil revenue Russia could get would be $2 billion.
Russian diplomats have proposed that the US State Department reestablish visa parity and resume issuing US visas to Russians in Russia. This decision is increasingly important as the FIFA World Cup approaches, which is set to take place mainly in the USA this summer.
Indonesia has announced its readiness to purchase oil from Russia following the partial lifting of U.S. sanctions on the Russian energy resource, the country's Minister of Energy and Mineral Resources Bahlil Lahadalia said.
The foreign ministers of member-states of the European Union failed to reach any progress on the twentieth package of anti-Russian sanctions, at their meeting in Brussels, EU foreign policy chief Kaja Kallas said.
Washington may reinstate US sanctions against Russian oil once the conflict with Iran is resolved.
The flow of Russian oil into global markets following the easing of US sanctions is helping stabilize them, Kremlin Spokesman Dmitry Peskov said.
Russia sees U.S. moves to ease oil sanctions against Russia as an attempt to stabilize energy markets, Kremlin Spokesman Dmitry Peskov told a briefing.
Washington has temporarily lifted restrictions to the sale of Russian oil and petroleum products loaded onto tankers by March 12, with the sanctions relief set to last for a month.
Leaders of G7 countries have agreed to keep in place sanctions against Russia despite problems with supplies of oil products and other goods over the conflict in the Middle East, French President Emmanuel Macron said.
U.S. President Donald Trump announced that Washington will lift oil sanctions on some countries and may even refrain from reinstating those.
The EU should immediately lift the ban on the use of Russian oil and gas in all EU countries to prevent a shortage of energy and a sharp increase in prices due to the Middle Eastern tensions, Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto said following urgent meetings of the defense and energy security councils convened by Prime Minister Viktor Orban.
Washington could decide to further ease sanctions on Russian oil, U.S. Treasury Secretary Scott Bessent told the Fox Business TV channel.
Georgian Foreign Minister Maka Bochorishvili has confirmed that Tbilisi will maintain its current approach regarding sanctions against Moscow, ruling out the introduction of unilateral restrictions.
The Swiss government decided to implement additional paragraphs of the 19th package of anti-Russian sanctions from February 26.
The Georgian authorities had given the EU the information it had promised on the Kulevi port, EU ambassador to Georgia Pawel Herczynski said.
The United Kingdom has imposed sanctions against three structures of the Rosatom state corporation and two individuals, the UK Foreign Office said on Tuesday.
