The blaze is the latest in a series of fires and explosions that have plagued Russia's energy infrastructure over the past ...

Russia has found a new way to bypass Western sanctions, using the Indonesian port of Karimun. This route allows Russian oil ...

The U.K. sanctioned a vital figure in Russia’s oil trade, stepping up economic pressure on Moscow to strengthen Ukraine’s ...

Russia's oil price in roubles has fallen to a two-year low below the 4,000 rouble per barrel mark and some 40% lower than ...

Tumbling oil prices dragged the value of Russia’s crude exports to the lowest in more than two years, forcing the Kremlin to ...

New data has suggested that Russian oil and gas revenue has seen a slump. Money raised decreased by more than 10% year on ...

The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.

Russia is considering changing its key budget-building mechanism in response to sliding oil revenue, in a sign the Kremlin ...

Oil prices play a crucial role in Russia's budget and the Russian economy overall, but Russian national interests take ...

The UK government has announced sanctions against 100 Russian oil tankers belonging to the so-called shadow fleet that are ...

Russia has relied on an oil-purchasing deal with China to help keep its economy afloat while it wages its long-running and ...

Moscow had discussed reviving the gas pipeline in talks with President Trump on improving economic ties with Washington.