Here are the details of the European Union's 18th package of sanctions against Russia over its war in Ukraine, approved on ...

Sanctions from the European Union and United States have devastated Russia’s coal sector, causing billions in losses, ...

By Nidhi Verma, Mohi Narayan and Trixie Yap NEW DELHI/SINGAPORE (Reuters) -Indian private refiners that have leveraged cheap ...

The European Union on Friday agreed an 18th package of sanctions against Russia over its war in Ukraine, including measures ...

Last week, the European Union announced its 18th sanctions package against Russia, something that could have an impact on the ...

Global shipping firms and petroleum traders are reportedly avoiding Nayara Energy, an Indian refiner, following recent EU ...

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

Russia has a large oil and gas industry with trained personnel who can operate most facilities, analysts say. “It is very easy to find Russian technical people to work on these projects,” said ...

Rosneft , Russia's biggest oil producer, on Sunday slammed European Union sanctions on India's Nayara Energy refinery as ...

Analysts say it would be wrong to underestimate Russia’s oil industry. It was struggling when the Soviet Union collapsed in the early 1990s, ...

The question that the Russian industry immediately faces is whether to throttle back production. Russia has been producing about 10 percent of the world’s oil supplies.

The oil and gas industry has long been one of Russia’s highest-paying employers, offering a wage that exceeded the national average by at least two thirds since 2017, according to Bloomberg ...