Russia’s proceeds from oil in the state budget in January were near a one-year low due to weaker global crude prices and ...

A senior official claims that Ukrainian long-range drones have struck one of Russia’s biggest oil refineries for the second ...

Videos showed fireballs over a facility in Ryazan, 110 miles southeast of Moscow. Kyiv is seeking to disrupt Russian military ...

The reported strike comes two nights after Ukrainian forces launched a joint attack against the refinery that allegedly ...

Russia's Ryazan oil refinery suspended operations after an attack late last week, two industry sources told Reuters. Russia's ...

Traders say for the time being the price cap imposed on products that trade at a premium to crude, principally diesel - which ...

State run gas giant Gazprom spearheads increase in gas production in 2024 as it re-takes a larger share of the domestic ...

A new drone bomber may have joined Ukraine’s escalating assault on Russia’s oil industry. On Wednesday night or early ...

The Volgograd refinery — one of the biggest oil-processing facilities in Russia — produces almost 300,000 barrels a day.

Russia's oil and gas condensate production reached 516 million metric tons, or 10.32 million barrels per day, in 2024, Deputy ...

Ukrainian defense forces have consistently struck Russian oil refineries, nearly causing a collapse in the country’s oil and ...