Either way, it's not like they're doing some new chemical shit that's not working out to pump up oil production. They just got lazy, and finally fucked up enough of their staff (through bad training and work environment) or equipment (through bad maintenance) to require shutting down 10% of Russia's production for a week to get it cleaned out and running without contamination again.
The Russia n energy ministry put the date at May 3-4. Some 50,000 tons of contaminated oil should be forced out in Russia and 120,000 tonnes on the Belarusian side, Belneftekhim said in a...
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Russia Contaminates Its Oil And Is Finally Forced To Cut Production The contaminated oil is an embarrassment for Russia, but it is also the first sign in 2025 that Russia may actually approach...
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Russia unprecedented oil-contamination crisis began in April but it proven tricky and slow for the industry to absorb the supplies. The nation oil output was below its OPEC+ production target...
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Russia oil production between May 1 and 16 averaged 11.156 million bpd, Reuters reported on Friday, quoting two industry sources, which means that Moscow is now below its quota under the...
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A highly toxic and possibly illegally traded chemical substance was the main culprit in the crisis with contaminated oil, which had Russia interrupt oil flows on its Druzhba pipeline to Europe for...
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A long outage could force refineries in Eastern Europe and Germany to cut operations and prompt Moscow to reduce oil production. It could also trigger claims by Western oil buyers against Russian...
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A cargo of contaminated Russian oil was sold at a discount of more than $25 a barrel to benchmark crude prices, six months after the consignment first got loaded onto a tanker.
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The disruption of exports from Russia, the No.2 crude exporter after Saudi Arabia, has sent shockwaves through global oil markets and forced Moscow to cut its oil production to an 11-month low of
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Russia plans to bring its crude oil production to full compliance with the OPEC+ production cuts agreed last December according to Energy Minister Novak Oil Majors Are Forced To Cut Output
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A highly toxic and possibly illegally traded chemical substance was the main culprit in the crisis with contaminated oil, which had Russia interrupt oil flows on its Druzhba pipeline to Europe for
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Total finally offloads tainted Russian oil shipment Russia unprecedented oil-contamination crisis began in April but it proven tricky and slow for the industry to absorb the supplies
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Some 50,000 tonnes of contaminated oil should be forced out in Russia and 120,000 tonnes on the Belarusian side, Belneftekhim said in a statement. Belarus will store its contaminated oil at Mozyr.
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Experts believe Russia Arctic shelf region in total holds as much as $20tn worth of oil and gas, and will provide 20-30 per cent of its oil production by 2050. State-run Rosneft and Gazprom
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Russia Proves 'Peak Oil' Is A Misleading Zionist Scam Clearly this time you are forced to carry out the time consuming business of restoring the open hole section at the bottom of the well to its old pristine condition, before various contaminates started to slow down your production rate. The objective is to cut away the contaminated
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Total finally offloads tainted Russian oil shipment Russia unprecedented oil-contamination crisis began in April but it proven tricky and slow for the industry to absorb the supplies
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Some 50,000 tonnes of contaminated oil should be forced out in Russia and 120,000 tonnes on the Belarusian side, Belneftekhim said in a statement. Belarus will store its contaminated oil at Mozyr.
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The disruption of exports from Russia, the No.2 crude exporter after Saudi Arabia, has sent shockwaves through global oil markets and forced Moscow to cut its oil production to an 11-month low of
Get Price
OPEC, Russia, and other oil producing nations finally agreed on Sunday afternoon to cut output by 9.7 million b/d for May-June after four days of marathon talks. OPEC+ has said it wanted producers outside the group, such as the United States, Canada, Brazil and Norway, to cut a further 5 percent or 5 million b/d.
Get PriceThere are no reports of the contaminated oil reaching any refineries in Russia. The complete cessation of oil transmission via Druzhba, which has now lasted over two weeks, is the most serious crisis in the 50-year history of this vital pipeline system, which connects Russia to Belarus and Ukraine, and onwards to Central Europe.
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Experts believe Russia Arctic shelf region in total holds as much as $20tn worth of oil and gas, and will provide 20-30 per cent of its oil production by 2050. State-run Rosneft and Gazprom
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Russia Proves 'Peak Oil' Is A Misleading Zionist Scam Clearly this time you are forced to carry out the time consuming business of restoring the open hole section at the bottom of the well to its old pristine condition, before various contaminates started to slow down your production rate. The objective is to cut away the contaminated
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It's a question of survival now, not expansion. In the space of a few weeks, the prospects for Australia's oil and gas producers have been turned on their head, the victim of what is widely seen
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Some 50,000 tonnes of contaminated oil should be forced out in Russia and 120,000 tonnes on the Belarusian side, Belneftekhim said in a statement. Belarus will store its contaminated oil at Mozyr.
Get Price
There are no reports of the contaminated oil reaching any refineries in Russia. The complete cessation of oil transmission via Druzhba, which has now lasted over two weeks, is the most serious crisis in the 50-year history of this vital pipeline system, which connects Russia to Belarus and Ukraine, and onwards to Central Europe.
Get Price
Experts believe Russia Arctic shelf region in total holds as much as $20tn worth of oil and gas, and will provide 20-30 per cent of its oil production by 2050. State-run Rosneft and Gazprom
Get Price
production of residual fuel oil. This, in turn, would have cut the levels of Russian fuel oil exports to very low levels. As we approach 2020, however, Russia appears to need several more years to reduce its still large volumes of HFO output. Moreover, the emergence of some systemic and social issues, associated with
Get PriceOpeOluwani Akintayo. Lagos Although the Organization of the Petroleum Exporting Countries, OPEC has been silent on enacting a new oil deal to boost prices, Russia on the other hand seems eager
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Donald Trump's oil deal: The inside story of how the price war ended Fearing job losses oil-rich states could hurt his re-election prospects, he convinced Putin and the Saudi monarch to end
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Amrita Sen of Energy Aspects discusses oil demand on "Bloomberg The Open." WE DO NOT HAVE TO SELL EVERY PRODUCT YET. THEY WILL BE FORCED BY THE MARKET TO CUT BACK AND THEREFORE YOU WILL
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To be sure, Russia has taken a hard hit from the collapse of oil prices, with the national currency, the ruble, losing about 20 percent of its value in recent weeks. Oil and natural gas account
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production of residual fuel oil. This, in turn, would have cut the levels of Russian fuel oil exports to very low levels. As we approach 2020, however, Russia appears to need several more years to reduce its still large volumes of HFO output. Moreover, the emergence of some systemic and social issues, associated with
Get Price
OpeOluwani Akintayo. Lagos Although the Organization of the Petroleum Exporting Countries, OPEC has been silent on enacting a new oil deal to boost prices, Russia on the other hand seems eager
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The rouble collapsed, inflation soared, and the government was forced to dig deep into its international reserves to keep the banking sector afloat. 1 Partly helped by a recovery in the oil price (in April 2025, around US$70 per barrel, up from its January 2016 nadir of under US$30, but still less than its June 2014 peak of US$110), Russia's
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Global stocks plunged on Monday and prices for crude oil tumbled as much as 33% after Saudi Arabia launched a price war with Russia, sending investors already worried by the coronavirus fleeing for the safety of bonds and the yen. Saudi Arabia had stunned markets with plans to raise its production significantly
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"Finally got their act together but probably too little too late. The supply cut is nowhere near enough to make up for the unfathomable losses in consumption," OCBC Bank economist Howie Lee said. However, he said prices might have been higher even with the same supply imbalance if OPEC+ work to synchronise their effort and avoid price war.
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The IMF also demanded, as a precondition to its "recom颅 mending" release of the promised $24 billion of G-7 funds, that Russia dramatically cut its state budget deficit. The only stability." So "price stability" is the watchword, as if this were in itself an objective of economic policy, instead of
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