In its monthly market snapshot on Wednesday, the IEA said the 160 tankers sanctioned by the US last week had shipped more than 1.6 million barrels a day of Russian oil in 2024, about 22% of the ...

Oil prices shot up Wednesday by more than 3% on fears of low US stockpiles and the lingering effect of US sanctions on Russia ...

The Russian government relies mainly on profits from the export of raw materials, particularly oil, making sanctions against ...

The Russian economy has been financing a full-scale war against Ukraine for three years. Military spending has spun up the ...

Norway's Energy Ministry awarded 53 hydrocarbon production leases on the country's continental shelf under last year's ...

Russia is willing to help develop Vietnam's nuclear power sector and provide it with crude oil and LNG, the two countries ...

The industry is pumping ever more oil and natural gas, but it is doing so with only about three-quarters as many workers as ...

Southern California's Edison International owes its survival to luck, at least in part.

A fresh wave of U.S. sanctions against Russia’s oil industry threatened to disrupt global supplies, sending crude prices to ...

Oil slipped in early Asian trade. Prices had recently extended their gains as traders fretted over tightened supplies after the U.S. imposed sanctions on Russia’s energy industry, ANZ Research said.

Energy stocks have surged 5% so far this year, outpacing the S&P 500 index's 1% loss after lagging the market for the last ...

A fresh wave of U.S. sanctions against Russia's oil industry threatened to disrupt global supplies, sending crude prices to their highest in more than four months. The power producer agreed to buy ...