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

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

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 ...

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

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

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

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

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

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

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

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

The oligarch Vagit Alekperov is Russia's official richest man after being behind the country's biggest oil company.