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 ...

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

Russia is preparing to implement a more stringent gasoline export ban in the coming days, three industry sources familiar ...

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

Kazakhstan's oil exports through Black Sea ports have resumed following a brief halt, as Russia's FSB security service begins ...

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

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.

Last week, the European Union announced its 18th sanctions package against Russia, something that could have an impact on the ...

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 .

The oil tanker Talara, which was supposed to load diesel at Vadinar port under BP's charter, has left empty due to unexpected ...