The price cap on Russian oil could drastically change if the EU moves ahead with a full ban on maritime services, as proposed ...

British supermajor talks about disappointment and no appetite to invest as it faces potential multibillion claims ...

Chevron is vying for Lukoil’s global assets, despite the Russian energy company's initial agreement to sell them to US private equity firm Carlyle.

Shell will pause new investments in Kazakhstan due to a series of legal proceedings launched by the government against the oil major and other international companies over cost disputes, CEO Wael ...

Frontline assaults, drone strikes, and communication between units have all been massively hit by Elon Musk cutting off Starlink used by the Russian forces attacking Ukraine ...

The challenges in replacing Russian oil with US or Venezuelan crude are not only commercial but also technical. Then there ...

Russian Foreign Minister Sergei Lavrov said U.S. sanctions aimed at energy giants Lukoil and Rosneft were unexpected given ...

WASHINGTON, February 6. /TASS/. US Treasury Secretary Scott Bessent stated that additional US sanctions against Russia depend on talks aimed at resolving the Ukraine conflict.

Whitkoff says ‘significant work remains’ as second day of US-led peace talks in Abu Dhabi concludes: What we know on day 1,444 ...

U.S. Treasury Secretary Scott Bessent discussed potential new sanctions against Russia depending on peace talks to end the Ukraine war. Bessent, after discussions with Russian officials, highlighted ...

U.S. Treasury Secretary Scott Bessent testifies before a House Financial Services Committee hearing about the annual report ...

According to Reuters, discounts on ESPO Blend oil have risen from $7–8 per barrel in previous months to nearly $9 per barrel. Discounts on the Urals grade, exported from Baltic ports to India, are ...