Russia's oil producers have been drilling at a pace not seen in at least five years as the nation readies for both a ...

The share of OPEC oil in India's imports fell to a record low in fiscal year 2024-25 as refiners continued to gorge on ...

Russian oil companies are drilling this year in a way they haven't done for at least five years. Sanctions did not prevent us ...

Russia's central bank kept borrowing costs at a two-decade high of 21 percent on Friday to combat rampant inflation, despite ...

Russia is accelerating new oil well drilling to the fastest pace in five years, showing resilience to Western sanctions despite a recent decline in oil prices.

The preliminary agreements came as the U.S. looks to isolate Iran from the rest of the world unless Tehran agrees to a new ...

In 2025, energy markets aren’t reacting to policy—they’re reacting to chaos. Igor Isaev, Doctor of Technical Sciences and ...

Western sanctions targeting the Russian oil industry began in 2022, following the start of the most recent phase of the Russo-Ukrainian War. The sanctions primarily target Russian oil exports, ...

Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. Russia’s Economy Ministry has lowered its forecast for oil prices this year in an update ...

Opec+ members have been holding back production for the past three years, cutting their combined output by almost 6mn b/d in ...

Russia and Iran have signed an agreement for the supply of 1,943 billion cubic feet of gas annually, alongside financial ...

including gold mining and the oil industry, but efforts have reportedly been hampered by an ongoing war in the African state. Earlier this month, Khartoum's ambassador to Moscow, Mohammed Sirraj, ...