The Western-backed Caspian Pipeline Consortium is preparing to challenge in a Russian court a regulatory order that has ...

The lower revenues, a result in part of President Trump’s trade war, could prove more damaging to the Russian economy than ...

Russia's second-largest oil producer Lukoil has seen its profits crash by 26.5% in 2024, as the country's economic crisis shows no sign of abating.

The proposed tariffs, which range from 25 to 50 percent, would not directly target Russia but would penalize foreign ...

Russia, a major player and the world's second-largest oil exporter, has taken further steps to tighten control over its oil export routes.

No Russian oil has been delivered via the Druzhba pipeline to the PCK refinery in Germany in more than two years because of sanctions levied against Moscow following its full-scale invasion of ...

But Russia's total revenue from oil exports in 2024 was $189 billion ... are delicate and complex and extremely difficult for Russian industry to replace under the current sanctions regime.

European oil traders are weighing when to re-enter Russia’s markets with some predicting Moscow will seek to maintain increased control of its oil exports even if western sanctions are lifted.

would therefore not directly target Russia but would penalize foreign countries that continue trading with it, thereby discouraging global support for the Russian oil industry. The U.S. has not ...

Ukraine’s strikes on Russian facilities are aimed at cutting the revenues of Russia’s sprawling oil industry, which have been used to fund the country’s military. Russia began attacking ...

"If changes are happening in the relationship with Russia... then I think it is very possible that there is Russian oil," said Hoeppner. German sanctions on Russian oil brought a halt to ...