OMV, an Austrian oil, gas and chemicals group, has dismissed an executive over suspicions of spying for Russia. Source: ...

On paper, the project — known as the Power of Siberia 2 — would give Russia a way to replace some of the revenue from its ...

Russia needs China more than China needs Russia. Both parties are aware of this, and Beijing is eager to deepen Russia’s ...

Ukraine war, President Trump has demanded NATO members that still buy Russian oil and gas end their reliance and find new ...

Russia and Vietnam have developed a mechanism to conceal arms deal payments to avoid American and other Western sanctions, ...

By Ben Aris in Berlin The extreme sanctions imposed on Russia have hit industrial sectors the hardest, which have been almost entirely dependent on imports of high quality foreign made machinery for ...

Russia's oil and gas revenues are projected to significantly decline in September due to lower crude prices and a stronger ...

Russia's oil pipeline monopoly Transneft has warned producers they may have to cut output following Ukraine's drone attacks on critical export ports and refineries, three industry sources said on ...

It's the third time that Russian troops have been reported using gas or water pipes to advance through Ukrainian lines.

In Russia, wholesale gasoline sales have fallen to a two-year low, prices are breaking records, and the shortage is worsening ...