Two sources from the Indian government stated that the country will continue to buy oil from Russia despite U.S President Donald Trump's warnings to impose more penalties, Reuters reported.
The sources confi ...
Russia has expressed intent to supply liquefied natural gas (LNG) to Mexico and share energy sector technologies, as Russian Embassy in Mexico noted to solve challenging geopolitical conditions and improving effic ...
The European Union (EU) will release plans to prohibit new Russian natural gas agreements by the end of this year and gradually terminate current contracts with Moscow by the close of 2027.
The first Russian built ice-class LNG carrier, Alexey Kisygin has entered sea trials, aimed to increase the country's share of the global LNG market, despite facing US sanctions.
Indian state refiners are considering tapping into the Middle East crude market as spot supply from their top supplier, Russia, have fallen, according to Reuters. The three major state refiners, Indian Oil Corp, B ...
Russia and Pakistan have discussed cooperation in offshore oil and gas exploration and refining during intergovernmental meetings this week in Moscow, according to Reuters.
Minister of Petroleum and Mineral Resources Karim Badawi has participated in the ministerial meeting of BRICS member countries during which he highlighted a number of petroleum challenges that developing countries ...
Iran signed on Wednesday a memorandum of understanding (MoU) with Russia for the transfer of Russian gas to Iran, with the aim of strengthening and developing the countries cooperation in this field.
Saudi Arabia announced deepening its oil cuts for July pushing the prices higher despite concerns over a global economic slowdown and possible further interest rate increases from the U.S. Federal Reserve.
