Europe's largest economy is looking to buy more Kazakh crude. Berlin asked Kazakh to more than double the flow of crude oil this year. In 2023, Germany consumed around 1.95 million bpd of crude oil.

Add Yahoo as a preferred source to see more of our stories on Google. FILE - The facilities of the oil refinery on the industrial site of PCK-Raffinerie GmbH, jointly owned by Rosneft, are illuminated ...

Germany, Austria, Japan, Spain and France have all indicated plans to release some of their oil reserves, a day after the International Energy Agency was debating the pros and cons. The Iran war has ...

An oil subsidiary in Germany previously controlled by a Russian oil giant is now under the control of the German government, it announced Friday. The German government said it took control of Rosneft ...

Germany’s reassurance about restored Kazakh oil supplies masks deeper vulnerabilities in European energy security as Ukraine’s strategic strikes on Russian infrastructure expose the fragile nature of ...

Germany seizes three oil refineries from Russian oil giant Rosneft in a bid to ensure energy independence. Together, the three refineries run by Rosneft Germany provide some 12% of the country’s total ...

Germany is taking control of three Russian-owned refineries in the country to ensure energy security before an embargo on oil from Russia takes effect next year, officials said Friday. Two ...