In 2024, India imported 1.7 million barrels of oil per day (about half of all seaborne shipments of Russian oil). At the same ...

While revenues did increase by 26%, this was not enough to offset Russia's staggering spending costs, exacerbated by the ongoing war with Ukraine.

Russian gas is likely to be supplied to Transnistria via Türkiye from 1 February, and a section of the TurkStream gas ...

The latest sanctions could cost Russia $10-20 billion yearly, impacting major firms and its shadow fleet, according to expert ...

Russia ended 2024 with a record-breaking budget deficit, the Finance Ministry reported late on Monday evening.This is announced by The Moscow Times, Ukrainian ...

State-owned banks, including the State Bank of India and Punjab National Bank, are more cautious, while private banks have ...

Indian banks are limiting payments for Russian oil due to US sanctions, impacting Russia’s energy industry and reshaping ...

Gazprombank Africa promised R3.7 billion to restart Mossel Bay's gas-to-liquids refinery. Then it reneged on the deal.

The European Commission is developing a plan to completely eliminate all russian fossil fuels from the EU market, but despite ...

Since Russia stopped delivering gas to Moldova, Valera Alexandru Sava only heats the ground floor of his two-story house and ...