Russian energy minister Anton Rubtsov told state media about how current taxation on Russian oil hurts production.

Brent crude futures gained 0.1 per cent to US$64.68 a barrel. West Texas Intermediate crude, meanwhile, was up 0.3 per cent, ...

crude oil is a naturally occurring fossil fuel that has been the cornerstone of modern industry for over a century.

Russia has continued to make billions from fossil fuel exports to the West, data shows, helping to finance its full-scale ...

A cadre of Greek shipping magnates has stepped back into the fold as the go-to distributors of Moscow’s crude to the world.

Brent crude futures climbed by 2.77%, to $64.52 a barrel, while West Texas Intermediate was up 3.19% to US$62.73 ...

Trump's presidency may pressure Russia's oil and gas industry. The EU is thinking about replacing Russian LNG with US shipments, potentially affecting trade dynamics. Trump's energy policies could ...

Russia has relocated its planes about 700 km away, fearing drone strikes. "We are creating an almost collapse in their oil and gas industry," he concluded. Open the Youtube video ...

But Russia's total revenue from oil exports in 2024 was $189 billion ... are delicate and complex and extremely difficult for Russian industry to replace under the current sanctions regime.

President Donald Trump and Treasury Secretary Scott Bessent want a strong economy. They are particularly eager to remove regulatory barriers to increased production of oil and gas, two energy ...