Russia signs up to vast new China pipeline but price unclear

BackgroundRussia and China have deepened their energy partnership since Western sanctions hit Moscow over the Ukraine war. The Power of Siberia 2 pipeline has...

Syria Exports Crude Oil for First Time in Over a Decade

TARTUS, Syria, Sept 1- Syria exported 600,000 barrels of heavy crude oil on Monday from the port of Tartus as part of a deal...

Ukrainian Drone Attacks Push Russia’s Oil Refining Shutdowns to Record Levels

MOSCOW, Aug 28 -  Ukraine's drone attacks and planned maintenance have led to Russia's offline oil refining capacity reaching a record high in August,...

Pipelines and Politics: Energy Bargains Surface in U.S.-Russia Peace Push

Background Since the invasion of Ukraine in February 2022, Russia’s energy sector has faced numerous international financial attacks and has been cut off from Western...

Kuwait oil minister says OPEC monitoring market, Trump remarks on Russian oil

KUWAIT, Aug 7 (Reuters) - Kuwait's Oil Minister Tariq Al-Roumi said on Thursday that OPEC is closely monitoring global oil supply, demand trends, and...

India Alleges Western Hypocrisy in Russian Oil Trade

NEW DELHI, Aug 5 (Reuters) - India has sharply criticised the United States and the European Union, saying it is being unfairly singled out...

OPEC+ agrees in principle another large oil output hike, sources say

LONDON, Aug 3 (Reuters) - OPEC+ agreed in principle to boost oil output by 548,000 barrels per day in September, two OPEC+ sources said...

Oman’s Integrated Gas Company approves new gs pipeline worth $273 million

CAIRO, Aug 2 (Reuters) - Oman's state-owned Integrated Gas Company approved a new gas pipeline worth 105 million Omani riyals ($272.73 million), state news...

India will buy Russian oil despite Trump’s threats

Indian officials have said they would keep purchasing oil from Russia despite the threat of penalties that U.S. President Donald Trump said he would...

Medvedev calls EU-US deal ‘anti-Russian’ over potential fallout for Russian oil and gas

MOSCOW, July 28 (Reuters) - Former Russian President Dmitry Medvedev said on Monday that a framework trade agreement struck between the European Union and...

Latest