PetroSA controversially chose to partner with Gazprombank Africa to restart the gas-to-liquids refinery in Mossel Bay. A year ...

Following the new restrictions, financial institutions in India began blocking payments for Russian crude, Energy ...

President Donald Trump said during his inauguration he will declare a national energy emergency aimed at boosting oil and gas ...

Russian seaborne oil product exports fell by almost 10% in 2024 after Ukrainian drone attacks damaged major refineries and as higher funding costs and a government gasoline export ban added to ...

Russia's oil shipments via the Baltic Sea fell by roughly 10% in the last four months of 2024, the Finnish Border Guard said, ...

China's crude oil surplus grew significantly in 2024 due to stockpiling of discounted Russian oil, potentially mitigating the ...

Oil was higher in early Asian trading on renewed prospects of supply disruptions, ANZ said.

Following Russia's invasion of Ukraine in 2022, India became a major buyer of Russian crude oil that was widely sanctioned by ...

At least three people were killed in the assault on the capital, and at least one died and 11 were wounded in a separate ...

"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.

Oil futures settled lower on Friday, but scored a fourth straight week of gains after wider sanctions against Russia's energy industry tightened supply. Uncertainty also remains over President-elect ...