A diesel hydrotreating unit at a refinery of Russian oil major company Lukoil in the city of Volgograd caught fire on Wednesday morning, two oil industry sources told Reuters. Another source said the ...

US sanctions targeting Russia’s fossil fuel industry could significantly disrupt the country’s oil supply and distribution ...

The Russian government relies mainly on profits from the export of raw materials, particularly oil, making sanctions against ...

MOSCOW, January 15. /TASS/. Russia lowered oil production by 6,000 barrels per day (bpd) in December 2024 to 8.985 mln bpd, the OPEC said in its January report.

It remains to be seen how the incoming Trump administration will handle enforcement.

Russia's gas shift to China reshapes global energy. Explore how Europe's LNG focus and Asia's demand drive market volatility ...

Russia's military on Tuesday said it would retaliate against Ukraine after Kyiv attacked Russian regions by firing six ...

Oil edged higher in the early Asian trade as supply-side pressures from U.S. sanctions against Russia’s oil industry likely supported prices, Exness said.

Southern California's Edison International owes its survival to luck, at least in part.

A fresh wave of U.S. sanctions against Russia’s oil industry threatened to disrupt global supplies, sending crude prices to ...

Energy stocks have surged 5% so far this year, outpacing the S&P 500 index's 1% loss after lagging the market for the last ...

Oil prices continued their upward move and were trading firmly above the $80 threshold on Monday as traders and analysts ...