Energy

The newly delivered Arc7 ice-class liquefied natural gas (LNG) carrier Alexey Kosygin has departed the Russian Far East on its maiden voyage and is heading

Chinese buyers shunned offers for Venezuelan crude this week, as a US blockade on the South American producer constrains exports and pushes up

By Marianna Parraga Jan 4 (Reuters) – Venezuela’s state-run oil company PDVSA is asking some joint ventures to cut back crude production amid an

By Ahmad Ghaddar, Alex Lawler and Olesya Astakhova DUBAI/LONDON, Jan 4 (Reuters) – OPEC+ kept oil output unchanged on Sunday after a

By Kevin Crowley, Jennifer A. Dlouhy and Lucia Kassai Jan 3, 2026 (Bloomberg) –President Donald Trump said US oil companies will spend billions of

An Arc7 ice-class liquefied natural gas (LNG) carrier has completed the first-ever winter pickup of LNG from Russia’s Arctic LNG 2 plant, a milestone for the

A sanctioned oil tanker has for the first time established a direct geographic link between Russia’s Arctic “shadow fleet” and oil product exports to

KYIV, Dec 20 (Reuters) – Ukraine said its drones struck a Russian oil rig belonging to Lukoil LKOH.MM in the Caspian Sea and a

Ukraine struck a Russian "shadow fleet" oil tanker in the Mediterranean Sea with aerial drones for the first time, an official said on Friday, reflecting the

A liquefied natural gas tanker linked to a Chinese company docked at a US-sanctioned Russian export project for the first time, the latest step by Moscow and

The US is preparing a fresh round of sanctions on Russia’s energy sector to increase the pressure on Moscow should President Vladimir Putin reject a peace

A hoard of Venezuelan crude on tankers at sea will provide a cushion for Chinese refiners — the biggest buyers — should the US

A shortage of oil tankers is becoming so acute that newly built vessels, which usually carry refined fuels on their maiden voyages, are instead racing empty

Ukrainian aerial drones struck a Russian oil platform in the Caspian Sea for the first time on Thursday, halting production at the facility owned by

Four out of India’s seven largest refiners are now in the market for Russian crude as deep discounts push buyers to seek out non-sanctioned barrels, even as

Morocco is getting closer to creating an almost $1 billion liquefied natural gas hub at a new deep-sea port on its Mediterranean coast, as it plans to boost

LNG carrier Valera has arrived at PipeChina’s Beihai Terminal carrying a load of sanctioned liquefied natural gas (LNG) from Gazprom’s Portovaya LNG plant.

The Russian government’s oil proceeds shrank by almost a third in November from a year ago as weaker crude prices and a stronger currency took their toll on

The European Union is closing in on a deal to phase out Russian fossil fuels, a move that will embed into law the end of the bloc’s reliance on its former

India’s state-run refiners Indian Oil Corp. and Bharat Petroleum Corp. have bought Russian crude for January delivery, lured by discounts and plentiful