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Ukraine strikes Baltic Sea port, Volga river industrial sitesUkrainian drones targeted industrial cities along the Volga River and a Baltic Sea port near St. Petersburg. A fire was extinguished at the...
India may get a crude hit from Trump's curbs on Russian & Iranian oil buying freedomThe United States has ended sanctions waivers that allowed countries, including India, to buy Russian and Iranian oil without penalties, a ...
Oil settles up more than 2% as Russian port suspends oil exports after Ukrainian attackFriday saw an unexpected rise in oil prices, triggered by a Ukrainian drone strike that targeted Russia's Novorossiisk port, stopping oil e...
Russian oil discounts said to widen as Indian and Chinese refiners cut purchasesRussian oil faces significant price drops in Asia. Major Indian and Chinese buyers are cutting back on purchases. This follows new United S...
Russia's Lukoil says it intends to sell international assets due to Western sanctionsRussia's second-largest oil producer, Lukoil, is selling its international assets. This move comes after restrictive measures were introduc...
India to tighten Moscow oil tap after US sanctionsIndian refiners are preparing to significantly reduce imports of Russian oil. This comes after the United States imposed sanctions on major...
China state oil majors suspend Russian oil buys due to sanctions, sources sayIn a significant shift, leading oil corporations in China have ceased their maritime purchases of Russian crude, responding to recent US sa...
Reliance recalibrating Russian oil imports to align with India's guidelinesReliance Industries, India's largest buyer of Russian oil, is adjusting its imports. The company will align its crude purchases from Moscow...
In major policy shift, Trump switches from tariffs to sanctions, bars Russia's two biggest oil companiesAmerica has imposed sanctions on Russia's top oil firms, Lukoil and Rosneft. This move targets companies over funding of Russia's war in Uk...
India denies entry to Russian oil loaded ship over documentation: SourcesIndian port authorities denied entry to the tanker Andaman Skies carrying Russian crude, citing inadequate documentation and new scrutiny o...
How the EU's ban on Russian crude affects oil flowsThe EU imposed a ban on maritime Russian crude oil imports from Dec. 5 and G7 countries set a price cap on Russian seaborne exports at $60 ...
Russian oil firm Lukoil chief Ravil Maganov dies after falling from hospital window, say reportsRavil Maganov death news comes as a shocker for many, as the oil firm he owned is one of the few major companies calling to end the Russia'...
Chairman of Russian oil producer Lukoil dies after falling from hospital window: SourceSome Russian media also reported the death of Maganov, 67, who was also Lukoil's vice president, citing unnamed sources.
Shell to sell Russian retail and lubricants business to LukoilEnergy giant, Shell has announced the selling off its retail and lubricants business to Lukoil as the effect of the Russian invasion of Ukr...
- BP-TNK deal good for foreign investors: Lukoil
An agreement putting to rest a bitter fight between Britain's BP and Russian investors over a joint-venture shows that foreign companies ca...
- LUKOIL to invest $5.5 bln in Uzbekistan gas fields
Russian oil major LUKOIL plans to invest $5.5 billion in gas exploration in Uzbekistan where it plans to produce 16 billion cubic metres (b...
- GAIL eyes stake in Lukoil's Saudi gas field
State gas utility GAIL India is eyeing a stake in Russian oil firm Lukoil's gas field in Saudi Arabia and is in talks with the Russian firm...