Iraq has only extracted 15-20% of its recoverable oil resources, leaving room for significant future production. Russia is to restart its key oil and gas operations in the semi-autonomous ...

The world's largest shipping group is sailing into a perfect storm. Chinese state-owned Cosco Shipping doubled 2024 earnings ...

BUDAPEST, March 11. /TASS/. Oil supplies to Hungary from Russia have been resumed, while the damage to the Druzhba oil pipeline attacked by the Ukrainian armed forces has been repaired, Hungarian ...

As Russia’s invasion of Ukraine enters its fourth year, Moscow is increasingly resorting to clandestine cargo transfers as it wrestles with sanctions and tries to keep its oil exports flowing.

Russia's Deputy Prime Minister Alexander Novak said on Friday that the OPEC+ group agreed to start increasing oil production from April, but could reverse the decision afterwards if there are market ...

Crypto small but growing part of Russia's $192 bln oil trade, sources say Crypto used to smooth conversion of yuan and rupees to roubles Russian oil companies have used Tether, bitcoin and ether ...

But how viable a partner is Vladimir Putin’s Russia, its economy weakened by years ... of minerals critical to the tech industry or oil and gas, the thinking goes.

The oft-struck Tuapse oil refinery in Russia’s Krasnodar Krai is engulfed in a massive fire after reported explosions, with speculation of a drone or missile attack. Following last night’s explosions ...

Myanmar and its close ally Russia signed a memorandum on investment cooperation in a special economic zone in Dawei, including construction of a port and an oil refinery, Russia's Ministry of ...

Russia's Ryazan Oil Refinery Halts Operations After Drone Strike, Sources Say MOSCOW (Reuters) - Russia's Ryazan oil refinery has suspended operations after an attack by Ukrainian drones on Monday ...