Rosneft earned RUB170 billion ($2.15 billion) in profit versus RUB399 billion in Q1 2024. Revenue slipped 12% to RUB2.28 ...

India’s Adani Group on Monday denied “any deliberate engagement” in sanctions evasion or trade involving Iranian-origin ...

Senators are escalating calls for a severe Russia sanctions bill to advance, with Republican Sen. Lindsey Graham claiming -- ...

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

Fossil fuel sales account for 30% of Russia 's state income and help pay for the Kremlin's astronomical spending on defence, which this year will come to around £109 billion. However, Western ...

European leaders face mounting pressure to act decisively, as ongoing energy imports continue to fund Russia’s war in Ukraine ...

TotalEnergies has made strides to become more diversified into renewables, but it still gets over half its operating income ...

US President Donald Trump has suggested he could impose harsh new sanctions on Russia if he runs out of patience with the ...

Washington in February canceled key licenses for a handful of partners and customers of state oil company PDVSA, including ...

PANAMA CITY (Reuters) -Panama's Maritime Authority has removed from its registry more than 650 vessels since 2019 as part of ...

OPEC+ agreed to another large supply hike over the weekend, increasing it by 411k b/d effective July. Rising tensions between ...

Venezuela's government is increasing taxes and public service fees on the private sector to alleviate some of the fiscal ...