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

Advisers to President-elect Donald Trump are crafting a wide-ranging sanctions strategy to facilitate a Russia-Ukraine ...

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

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 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 ...

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

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

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.

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 ...

The resurgence of nuclear energy, driven by microreactor technology and AI's power demands, faces a major challenge: the significant increase in nuclear waste.

Investor spirits were lifted as 10-year Treasury yields plunged 13 basis points to 4.65%, temporarily loosening the recent ...

OPEC forecast another year of steady oil demand growth, driven by India and China, in its first detailed assessment of 2026.