Oil and gas revenue is expected to account for around 27% of Russia's federal revenue in 2025, according to a draft budget ...

The White House, now unconcerned about the effect on gas prices and inflation, blacklisted two of Russia’s biggest oil ...

The Biden administration is cracking down on the Russian “shadow fleet” and taking steps to curb oil and gas production.

Thousands of protesters in the Slovak capital held banners and chanted slogans on Friday accusing Prime Minister Robert Fico ...

In the capital of Transnistria, a Kremlin-backed microstate sandwiched between Moldova and Ukraine, the festive New Year’s ...

Washington now has freer hand in restricting Russian oil amid predictions of a global glut.

Oil prices jumped more than 4% on Friday, with global benchmark Brent breaking $80 per barrel for the first time since ...

Britain has imposed new sanctions on Russian oil majors Gazprom Neft and Surgutneftegaz , the foreign ministry on Friday.

The new sanctions target "Russia's key source of revenue" for funding its war against Ukraine, Treasury Secretary Yellen said.

Every time planned electrical outages are imposed on his village in southern Moldova, 73-year-old retiree Vasili Donici ...

After three years of war, strict sanctions, and dwindling oil prices, the odds are stacked against the Kremlin in 2025, a ...

As the drone whirrs into the sky, something unusual trails behind it: a fibre optic cable barely visible to the naked eye.