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

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

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

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

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

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

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

The Group of Seven democracies have sought to crimp Russia’s oil export earnings that help fund the war against Ukraine.

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

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 ...

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