Total petroleum resources on the Norwegian continental shelf (NCS) saw a minor increase last year, according to last year’s "inventory" – the Resource Accounts for 2024.
Russia assembled a fleet of about 700 ships to help keep its oil moving in the face of western sanctions, but many operate with opaque ownership structures, calling safety standards into question.
Almost four months after Russia’s invasion of Ukraine, Russian crude oil, Urals, has seen a switch in flow from its traditional market of Europe to Asia.
