Tag: Baltic Sea

Jan52025 by adminNo Comments

Finland Takes Legal Action Against Oil Tanker in Undersea Cable Damage

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By RFE/RL personnel - Jan 04, 2025, 10:00 AM CST Finland's nationwide grid operator is looking for the seizure of an oil tanker thought of harming an undersea power line in between Finland and Estonia. The damage to the Estlink 2 cable television, which happened on December 25, is anticipated to cost 10s of countless euros to fix. The event has actually raised issues about energy security and the vulnerability of undersea facilities to mess up, triggering NATO to increase its military existence in the Baltic Sea. Finland's nationwide power grid operator (Fingrid) is looking for the official seizure of the oil tanker ...

Dec192024 by adminNo Comments

Europe Tightens The Screws on Russia’s Oil Trade

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Tsvetana Paraskova Tsvetana is an author for Oilprice.com with over a years of experience composing for news outlets such as iNVEZZ and SeeNews. More Info Premium Content By Tsvetana Paraskova - Dec 18, 2024, 5:00 PM CST European nations are increase sanctions pressure on Russia. The UK and the European Union revealed today a raft of brand-new sanctions that target Russia's shadow fleet of tankers making it possible for oil trade. Russia's oil exports and incomes have actually dropped in current weeks, however this is not due to the sanctions alone. ...