On March 8th, President Joe Biden banned the import of all natural gas and petroleum products from Russia. “Russian oil will no longer be accepted
Tag: Russia
Shell Says It’s Sorry And Will Stop Buying Russian Crude Oil After Facing Criticism
Shell plc today announced its intention to pull out of its involvements in all Russian hydrocarbons, including crude oil, petroleum products, gas, and liquefied natural
Shell Defends ‘Difficult’ Decision To Buy Russian Oil At Record Discount Price
Shell is defending its decision to buy 100,000 metric tons of crude oil from Russia at a record discount. The move breaks a self imposed
Ukraine Conflict Could Hurt U.S. Automobile Production Plants
Russia’s invasion of Ukraine has already forced several automakers to close plants in Russia, and has even caused parts supply problems affecting BMW factories in
Russian Invasion Of Ukraine Could Lead To Second Wave Of Microchip Shortage
The crisis in Ukraine could have more knock-on effects down the line for the automotive sector as supplies of neon are impacted by Russia’s invasion.
Haas Drops Russian Driver Nikita Mazepin And Sponsor Ahead Of 2022 F1 Season Over Ukraine Invasion
In response to the ongoing conflict between Russia and Ukraine, Haas F1 Team has dropped Russian driver Nikita Mazepin and terminated their contract with Russian
Audi Stops Taking Orders For Plug-In Hybrids In Europe As A Result Of Ukraine Crisis
Audi has been forced to stop taking orders of its plug-in hybrid models in Europe because of production interruptions related to the Russian invasion of
Korean Cars And Other Products May Not Be Subject To U.S. Export Ban Against Russia
South Korean government officials signaled Thursday that consumer goods such as automobiles, smartphones, and washing machines, are exempt from the U.S. export ban against Russia.
Ukraine Says Citizens Don’t Have To Declare Captured Russian Tanks On Their Taxes
Ukrainian authorities are continuing to troll Vladimir Putin as the country’s National Agency for the Prevention of Corruption (NAPC) has said citizens don’t need to
F1 Terminates Contract With Russian Grand Prix Promoter Cancelling All Future Races
Formula 1 announced today that it has canceled its contract with the promoter of the Russian Grand Prix, making official its decision to cancel the