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 ...

A tanker carrying Russian oil that was secured by German authorities last week in the Baltic Sea remains in German waters and a customs assessment is underway, a government spokesperson said in Berlin ...

Stay informed on India's economic powerhouse with insider insights on Russian crude payments and US sanctions impact.

Overall, oil exports from Russia decreased by 125,000 bpd last year, while exports of petroleum products lost 225,000 bpd, according to the agency ...

New US sanctions on Russia and Iran's oil trade may disrupt logistics but a global oil surplus is still expected due to rising non-OPEC+ production.

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

The latest sanctions package would certainly have an impact on India’s oil imports, given Russia is currently the biggest ...