A group of Western insurers has said a Russian oil price cap has become unenforceable and only pushed more ships into joining ...
Moscow has dramatically reduced its need for Western ships or services by building up a shadow fleet of tankers.
The European Union is negotiating a ban on Russian liquefied natural gas exports in its latest sanctions package, bolstering ...
Russia’s oil storage capacity is limited. When a refinery is destroyed or damaged, therefore, extracted crude oil cannot ...
Russia’s oil and gas revenues climbed to $13.5 billion in April, nearly double the amount from a year earlier.
Russia’s crude flows rebounded in the seven days to May 5, with additional vessels leaving the major ports of Kozmino on the ...
New Delhi was also allowed to pay for oil in rupees but this method has faced problems due to Reserve Bank of India (RBI) ...
UK-based International Group of P&I Clubs, a global insurance company, says a growing shadow fleet is making it less and less ...
Greek Navy exercises off the southeastern Peloponnese coast have forced tankers to transfer Russian oil into international ...
Russia’s oil revenue more than doubled in April from a year earlier, despite international sanctions intended to limit the ...
The Energy Department will pay up to $79.99 a barrel after emergency oil reserves dwindled near the lowest level in four ...
The Greek navy on Wednesday extended an advisory effectively banning ship traffic off the coast of the southeastern ...