The European Commission is assessing whether it can legally ban EU firms from signing new contracts for the supply of Russian ...

Russia's Economic Development Ministry downgraded its 2025 forecast for Urals crude, Russia's major oil export brand, to $56 ...

U.S. health officials on Tuesday said they would phase out petroleum-based artificial colors in the nation’s food supply, potentially triggering an ingredients overhaul for scores of ...

A senior EU official revealed on Tuesday that the European Commission is considering whether it can legislate in order to ...

Pope Francis has died at the age of 88. The 88-year-old pope, who had part of one lung removed as a young man, has long ...

Rosneft’s 2024 production numbers are striking. The company extracted 255.9 million tonnes of oil equivalent – 184 million tonnes of oil and 87.5 billion cubic metres of gas – placing it ahead of ...

In our opinion, Southwest has the best balance sheet of all the US-based carriers. As the pandemic has wreaked havoc on air travel demand and airlines’ business model, liquidity became more paramount ...

A massive blaze has erupted at the Komsomolsk-on-Amur oil refinery in Russia, with initial reports indicating a refinery column about 50 meters high is engulfed in flames, covering an area roughly ...

Russia’s economy faced a sharp slowdown in February, stoking fear in the country just as a brewing global trade war is expected to hit prices for its oil and gas exports. The Kremlin’s ...

Haiyun Jiang for The New York Times Mr. Trump’s focus on trade imbalances could also impel some nations to buy more American oil and gas, which would damage Russia’s position in the energy market.

Additionally, the OPEC+ oil cartel, of which Russia is a member, has recently unwound restrictions on oil production faster than expected, John Gawthrop, editor at Argus Eurasia Energy ...

(MENAFN- UkrinForm) Together with partners, Britain is actively studying opportunities to strengthen oil restrictions imposed on Russia. That's according to Neil Wilson, a Senior Press Officer at ...