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

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 plans to resume natural gas flows to Moldova’s pro-Russian breakaway region of Transnistria amid an energy crisis, according to Vadim Krasnoselsky, leader of the self-proclaimed republic.

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 ...

Russia is willing to help develop Vietnam's nuclear power sector and provide it with crude oil and LNG, the two countries ...