The discovery of massive oil reserves in Antarctica at a time when Moscow's relations with the West are highly strained due ...

When it comes to oil importers, the US and China are the top two. Despite having their own oil reserves, their huge energy ...

Crude oil futures firmed up gains for the week on prospects of potential US sanctions on Russian oil and reports that OPEC+ ...

A disruption to global oil flows could send prices higher. That would be good news for Russia, with oil being a key lifeline to sustain its war in Ukraine.

The Front Tyne oil tanker was sailing through the Gulf between Iran and the United Arab Emirates on Sunday when just past ...

A bipartisan coalition of more than 50 congressional representatives called on the Biden administration to tighten sanctions on Russian oil and specifically address a major U.S. oil field servicer ...

Russia may participate in development of 22 oil and gas fields in Tajikistan Daler Juma emphasized that Tajikistan currently imports the majority of its oil and gas products from Russia KAZAN ...

Russia has traditionally been one of the world leaders in natural gas reserves, with about a fifth of them located in our country. According to preliminary data from Rosnedra in 2024, this is 63.5 ...

Their business was wide-ranging in Russia prior to the Ukraine invasion in 2022. Exxon Mobil, for instance, had partnered in developing a sprawling oil and gas field on an island in eastern Siberia.

Located between Russia, Kazakhstan, Turkmenistan, Iran and Azerbaijan, the Caspian Sea is the world’s largest landlocked body ...

Interfax reported that Alexander Novak, Deputy Premier, said on Friday that Russia will compensate in August and September for ...

The top 10 countries account for a major share of the world’s proven reserves. Countries such as Saudi Arabia, UAE, Kuwait, US and Russia have conventional light crude while the likes of Venezuela and ...