Ukrainian defense forces have consistently struck Russian oil refineries, nearly causing a collapse in the country’s oil and ...

Russia's oil and gas condensate production reached 516 million metric tons, or 10.32 million barrels per day, in 2024, Deputy Prime Minister Alexander Novak told the energy ministry's in-house ...

State run gas giant Gazprom spearheads increase in gas production in 2024 as it re-takes a larger share of the domestic ...

Traders say for the time being the price cap imposed on products that trade at a premium to crude, principally diesel - which ...

Sweeping US sanctions on Russia’s oil industry are unlikely to result in a “large hit” to production, as higher freight rates ...

Videos showed fireballs over a facility in Ryazan, 110 miles southeast of Moscow. Kyiv is seeking to disrupt Russian military ...

Industry officials maintain that enough oil supply is available in the global market and replacing the lost Russian oil ...

The reported strike comes two nights after Ukrainian forces launched a joint attack against the refinery that allegedly ...

The attack late Sunday hit a refinery in the Volgograd region, which is one of Russia's 10 biggest refining facilities, ...

A new drone bomber may have joined Ukraine’s escalating assault on Russia’s oil industry. On Wednesday night or early ...

Ukraine has hit one of Russia’s biggest oil refineries in a drone strike overnight, Russian media reports have said. Large ...