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RUSSIAN OIL INDUSTRY NEWS
Drones hit historic museum in Russia-annexed Crimea as officials alter train scheduleUkrainian drones struck a historic museum in Sevastopol and targeted Russian energy infrastructure. Authorities reduced nighttime train ser...
Oil Price Today (June 8): Crude oil flares up 5% as Israel attacks Iran, Lebanon in latest escalation. What's next?Oil prices surged 5% on Monday after Israel launched fresh strikes on Lebanon, raising fears of renewed Middle East tensions and potential ...
West Asia War: Hormuz strait will be open but with transit fees, Iran envoy to Moscow quotedIran and Oman will control passage through the Strait of Hormuz. New conditions, including transit fees, will be implemented. This follows ...
Gold price today: Gold rate crash to continue in June? All you need to knowGold rate will remain sensitive to developments in West Asia, according to bullion exparts.
Russia-India business dialogue at SPIEF: Energy, transport, information technology, science & education in focusRussia and India convened at SPIEF to boost economic ties. Discussions focused on joint projects in energy, transport, IT, science, and edu...
India to account for half of global oil demand growth over next decade: Rosneft CEORosneft CEO Igor Sechin stated India will drive nearly half of global oil demand growth over the next decade, projecting consumption to rea...
Ukraine targets St. Petersburg again after Putin rejects Zelenskyy's offer for direct talksUkrainian drones struck St. Petersburg, Russia's second-largest city, prompting residents to stay indoors. This attack underscores Ukraine'...
Russia intercepts hundreds of Ukrainian drones near St. Petersburg International Economic ForumRussia said Saturday it intercepted hundreds of Ukrainian drones including near Saint Petersburg, where Moscow is hosting a major economic ...
Russia plans to launch its smaller version of Starlink next yearRussia is developing its own satellite broadband system. This new service aims to rival Elon Musk's Starlink. The company Iks Holding is le...
Putin: Western attempts to limit India-Russia ties will harm global stability; Modi does not buckle under pressureRussian President Vladimir Putin said Russia aims to expand its strong relationship with India. He believes US pressure on India to reduce ...
Putin faces rival visions of war and peace at Russia's 'Davos'Russia's future is debated at a key investment forum amidst the Ukraine war. Some leaders push for continued global confrontation with the ...
Russia repels drone attack over Leningrad region as economic forum kicks offRussia intercepted 50 drones over Leningrad region overnight. This comes as President Putin's economic forum, the 'Russian Davos', starts i...
War shifts 80% of India's diesel exports to AfricaIndia's diesel exports saw a significant shift in May. Africa became the primary destination, absorbing over 80% of shipments. This change ...
Would like to end sanctions waivers on Russian oil: RubioThe United States aims to stop waivers allowing countries to buy Russian oil. These waivers were temporary measures to boost global supply....
Nine dead, dozens wounded as Russia launches major attack across UkraineTragedy unfolded as Russian air raids targeted significant Ukrainian urban centers such as Kyiv, Dnipro, and Kharkiv, resulting in at least...
Fuel duty cuts can power export hikeIndia's fuel exports are set to rise following export duty cuts. This move aims to restore shipments to Europe and West Asia. High crude oi...
Russia-Ukraine conflict: AFU keeps up assault on Russian oil infrastructure as Kyiv braces for more strikesUkrainian drones struck Russian oil facilities overnight. Fires broke out at an oil depot in Taganrog, in the Rostov gion and another in Ar...