On Jan. 10, the U.S. Treasury announced fresh measures to deplete Russia's energy revenues, including on 183 vessels, largely ...

Scott Bessent, Donald Trump’s nominee for Treasury secretary said he supports dialling up the sanctions on the Russian oil ...

Scott Bessent, President-elect Donald Trump’s nominee for Treasury secretary, said he would support dialing up sanctions on ...

Sibur, Russia's largest liquefied petroleum gas (LPG) producer, cut exports through the Baltic Sea port of Ust-Luga, its main ...

The cost of shipping Russian ESPO crude to China has more than tripled after the US imposed aggressive sanctions on Moscow’s oil industry last week, with rates expected to climb even higher, according ...

Brent crude futures were down 37 cents to $81.66 per barrel by 1042 GMT, while U.S. West Texas Intermediate crude futures ...

A tanker subject to the new U.S. sanctions is discharging Russian oil at a port operated by Shandong Port Group in east China ...

The refinery, among Russia’s top 10 by production, processes 13.7 million tons of oil annually. The shutdown has cut its diesel production by half – roughly 10,000 tons per day.

Trump’s interior secretary nominee Doug Burgum emphasizes fossil fuel development for energy dominance and questions ...

Good afternoon and happy Thursday, readers! The big news of the day is from Doug Burgum’s and Lee Zeldin’s nomination hearings. But there’s also news on the future of Russia sanctions, and more.

The interior secretary nominee faced questions during his confirmation hearing about climate change, renewable energy, and plans to expand oil and gas leasing.

Advisers to U.S. President-elect Donald Trump are developing a comprehensive sanctions strategy aimed at facilitating a ...