Gunvor CEO Torbjorn Tornqvist discusses the energy trader's agreement to buy Lukoil's international assets, a week after the Russian oil producer was hit by US sanctions. Speaking to Bloomberg's ...

US Ambassador to NATO Matthew Whitaker visited Kyiv for talks with President Volodymyr Zelensky on air defense, energy ...

Kazakhstan's Kazmunaygaz and the sanctioned Russian Lukoil continue work on joint projects in accordance with contractual ...

A fire has broken out in an industrial zone in the town of Kstovo in Russia's Nizhny Novgorod Oblast following a nighttime ...

China's President Xi Jinping on Tuesday sought to expand mutual investment with Russia and affirmed Beijing's commitment to ...

OPEC+ has raised output targets by around 2.9 million barrels per day - or around 2.7% of global supply - since April, but ...

Since April, OPEC+ has increased production by more than 2.5 million barrels per day, causing crude prices to toe and even fall below the $60 barrel line.

Torbjörn Törnqvist has just struck one of the deals of his lifetime, pouncing on the overseas operations of Lukoil soon after ...

Top Western oil companies are enjoying a windfall from the expanding attacks on Russia's oil industry – both literal and economic – that have boosted global refining profit margins and mitigated ...

Abu Dhabi hosts a major oil summit Monday, just after the OPEC+ group of the cartel and its allies announced they would halt planned production increases for early 2026 ...

State-owned giants such as Sinopec and PetroChina canceled some Russian cargoes in the wake of US sanctions on Rosneft and Lukoil.

Bharat Petroleum has purchased a 2-million-barrel cargo of Emirati crude as Indian refiners diversify away from Russian oil ...