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 ...

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 ...

Sweeping U.S. sanctions on Russia's oil industry will make it more expensive for Moscow to sell its oil and complicate ...

German authorities have said an oil tanker stuck in German waters belongs to Russia's "shadow fleet" intended to avoid ...

Germany was battling Saturday to secure a heavily loaded tanker stranded off its northern coast, towing the stricken ship that it said was part of Russia's sanctions-busting "shadow fleet" away ...

The Biden administration has imposed some of its toughest sanctions yet on Russia, in a move designed to hit Moscow's energy ...