financetom
Business
financetom
/
Business
/
CPC pipeline maintains normal oil transit in March, Transneft CEO says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
CPC pipeline maintains normal oil transit in March, Transneft CEO says
Mar 18, 2025 6:56 AM

MOSCOW, March 18 (Reuters) - Oil flows via the Caspian

Pipeline Consortium (CPC) pipeline in March continued as normal,

with no drop in volumes, Russian oil pipeline monopoly Transneft

CEO Nikolai Tokarev said on Tuesday.

On Monday, the CPC reported that it had transported 13.5

million metric tons of oil via the Tengiz-Novorossiisk pipeline

system since the start of 2025, as of March 11.

A drone strike hit a pumping station on the pipeline in

southern Russia in February, reducing flows of oil from

Kazakhstan to world markets pumped by Western firms, including

Chevron ( CVX ) and Exxon Mobil ( XOM ).

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
CarMax Posted Strong Q4 Earnings, Building Momentum for Q1 Sales Growth, RBC Says
CarMax Posted Strong Q4 Earnings, Building Momentum for Q1 Sales Growth, RBC Says
Apr 11, 2025
09:49 AM EDT, 04/11/2025 (MT Newswires) -- CarMax ( KMX ) reported strong Q4 earnings, hinting that the momentum would continue into Q1 with sales growth in the high single digits, RBC Capital Markets said in a note Friday. Despite positive results, shares dropped due to worries about higher loan loss provisions and overall economic concerns, the investment firm said....
KKR Boosts Stake in Eni Mobility Venture Through 600-Million-Euro Transaction
KKR Boosts Stake in Eni Mobility Venture Through 600-Million-Euro Transaction
Apr 11, 2025
09:54 AM EDT, 04/11/2025 (MT Newswires) -- KKR (KKR) has increased its equity stake in Enilive, the mobility transformation company launched by Italian energy company Eni (E), boosting its interest to 30% following a 601-million-euro ($681.3 million) transaction that values Enilive at around 11.75 billion euros, the companies said Friday. Eni and the US private equity firm disclosed plans Feb....
Prada braves tariff uncertainty to clinch $1.4 billion deal for Versace
Prada braves tariff uncertainty to clinch $1.4 billion deal for Versace
Apr 11, 2025
MILAN (Reuters) -Prada struck a $1.38 billion deal to buy smaller rival Versace from Capri Holdings on Thursday in a move that unites two of the biggest names in Italian fashion and offers the prospect of enhanced revenues. Prada is seeking to expand, having defied a slowdown in luxury demand, while Versace has been operating at a loss in recent...
Copyright 2023-2026 - www.financetom.com All Rights Reserved