Ukrainian drones targeted industrial cities along the Volga River and a Baltic Sea port near St. Petersburg. A fire was extinguished at the...

The United States has ended sanctions waivers that allowed countries, including India, to buy Russian and Iranian oil without penalties, a ...

Friday saw an unexpected rise in oil prices, triggered by a Ukrainian drone strike that targeted Russia's Novorossiisk port, stopping oil e...

Russian oil faces significant price drops in Asia. Major Indian and Chinese buyers are cutting back on purchases. This follows new United S...

Russia's second-largest oil producer, Lukoil, is selling its international assets. This move comes after restrictive measures were introduc...

Indian refiners are preparing to significantly reduce imports of Russian oil. This comes after the United States imposed sanctions on major...

In a significant shift, leading oil corporations in China have ceased their maritime purchases of Russian crude, responding to recent US sa...

Reliance Industries, India's largest buyer of Russian oil, is adjusting its imports. The company will align its crude purchases from Moscow...

America has imposed sanctions on Russia's top oil firms, Lukoil and Rosneft. This move targets companies over funding of Russia's war in Uk...

Indian port authorities denied entry to the tanker Andaman Skies carrying Russian crude, citing inadequate documentation and new scrutiny o...

The 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 ...

Ravil 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'...

Some Russian media also reported the death of Maganov, 67, who was also Lukoil's vice president, citing unnamed sources.

Energy giant, Shell has announced the selling off its retail and lubricants business to Lukoil as the effect of the Russian invasion of Ukr...

An agreement putting to rest a bitter fight between Britain's BP and Russian investors over a joint-venture shows that foreign companies ca...

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...

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...