Russia plans to increase exports from its western ports to nearly two million barrels per day in August, about 200,000 bpd ...

Russia has shipped its first naphtha cargo to Vietnam, as it looks for new buyers to support sales hit by Western sanctions, data from traders and shipbrokers showed.

The Russian economy was slowing even before President Trump’s latest threats. But the Kremlin has enough money to keep ...

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

"They're buying Russian oil, they're fueling the war machine, and if they're going to do that, then… then I'm not going to be happy," the U.S. president said.

Industry experts say Western companies will need to weigh potential access to oil and gas riches against political risks and other hazards of doing business in Russia. By Stanley Reed Reporting ...

Nigerian crude ended the day slightly unchanged as investors evaluated whether a potential agreement between the US and Russia to ...

Oil and gas extraction employment is even more lucrative, with salaries above $200,000. Removing sanctions against Russia would harm the U.S. economy and worsen our trade deficit.

Sanctions from the European Union and United States have devastated Russia’s coal sector, causing billions in losses, collapsing exports, shuttering mines, and threatening economic stability.

India has accused the EU and US of “indulging” in trade with Russia after Donald Trump criticised New Delhi for propping up ...

But Russia has regulated the industry so poorly that production is falling despite the soaring oil price. "Tax is the major impediment," Redman said.