Advisers to U.S. President-elect Donald Trump are developing a comprehensive sanctions strategy aimed at facilitating a ...

The refinery, among Russia’s top 10 by production, processes 13.7 million tons of oil annually. The shutdown has cut its diesel production by half – roughly 10,000 tons per day.

On Jan. 10, the U.S. Treasury announced fresh measures to deplete Russia's energy revenues, including on 183 vessels, largely ...

Britain is one of the "least work-oriented countries in the world", BrewDog co-founder James Watt has said. Meanwhile, ...

Sibur, Russia's largest liquefied petroleum gas (LPG) producer, cut exports through the Baltic Sea port of Ust-Luga, its main ...

A tanker subject to the new U.S. sanctions is discharging Russian oil at a port operated by Shandong Port Group in east China ...

Sir Keir Starmer is set to also discuss deploying soldiers to Ukraine with Volodymyr Zelensky during a surprise visit to Kyiv on Thursday ...

The cost of shipping Russian ESPO crude to China has more than tripled after the US imposed aggressive sanctions on Moscow’s oil industry last week, with rates expected to climb even higher, according ...

Brent crude futures were down 37 cents to $81.66 per barrel by 1042 GMT, while U.S. West Texas Intermediate crude futures ...

The Kremlin has dismissed previous Western claims that Russia sponsored acts of sabotage and attacks in Europe ...

Oil prices shot up Wednesday by more than 3% on fears of low US stockpiles and the lingering effect of US sanctions on Russia ...

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