Russian officials said the sales to friendly countries have offset the impact of Western oil sanctions imposed since the ...

The measure is eating into Kremlin fossil fuel export profits and exacerbating a ballooning budget deficit amid Russia's war ...

Moscow is poised to alter the taxation of Russian oil companies in order to increase state revenues by tapping into crude oil ...

Russia is overhauling how oil companies are taxed, aiming to bolster state revenues by capturing a bigger share of crude ...

Group of Seven Nations are not likely to revise a price cap on Russian oil this week, two European Union officials and one ...

Russia has succeeded in redirecting its crude oil and fuel exports after the EU embargoes and the price cap set by the West, ...

The IEA said Russia's estimated oil export revenues fell to $11.6 billion last month, down $2.7 billion from January when ...

The Biden administration is fending off pressure to lower the Russian oil price cap, insisting that it is achieving its ...

It was a bit more than six months ago when the G-7 announced a novel plan to try and cap the price of Russian oil worldwide.

Russia's oil-export revenue sank by almost half in February compared to last year as Western powers tightened sanctions on ...

and the bloc imposed sanctions on the country’s oil and coal exports. In December, the European Union banned imports of ...

The European Union has agreed to extend a price cap set on natural gas used for power generation in Spain and Portugal until ...