The EU has imposed sanctions on Intershipping Services Hub, an Indian subsidiary of a UAE-based firm, and Captain Abhinav ...

Here are the details of the European Union's 18th package of sanctions against Russia over its war in Ukraine, approved on ...

Oil loadings at Russia's Black Sea major terminals of Novorissiisk and Yuzhnaya Ozereevka have been suspended over paperwork ...

Russia's FSB security service has started handing out clearance for foreign tankers to access the Black Sea ports, allowing ...

The European Union's sweeping sanctions against Russian oil exports have started affecting Indian entities. The EU has ...

Fossil fuel revenues form the backbone of Russia's economy, which has been buffeted by sanctions following Vladimir Putin's ...

The European Union on Friday agreed an 18th package of sanctions against Russia over its war in Ukraine, including measures ...

Sanctions from the European Union and United States have devastated Russia’s coal sector, causing billions in losses, ...

Despite booming demand and record prices, Russia's oil industry faces problems. Subscribe. Log In. Minnesota News You Can Use. Subscribe. The Latest. 13 minutes ago.

Industry experts say Western companies will need to weigh potential access to oil and gas riches against political risks and other hazards of doing business in Russia. Listen to this article · 8: ...

Local oil industry sources said Friday that movements of gasoline and diesel prices are expected to go in different ...

By contrast, Russia’s all-in cost of oil production is about $44 a barrel. And the marginal cost to produce an additional barrel from an existing well is in the range of $5 to $10 .