As part of the settlement, SEFE Marketing & Trading Singapore Pte Ltd will pay $285 million to GAIL, with the arbitration ...

The expected boost from the Gazprom arbitral award will be reflected in OMV’s Gas Marketing & Power unit’s results.

Stay informed on India's economic powerhouse with insider insights on Russian crude payments and US sanctions impact.

Europe's shift away from Russian gas has triggered a global energy realignment, with Russia pivoting to Asia and Europe ...

The crude oil market is on the boil again with prices surging 6% in the past one week in anticipation of the U.S. sanctions ...

Traders have been keeping a close watch on prospects for oil demand. OPEC's forecast for global oil-demand growth in 2025 was little changed at 1.4 million barrels a day, and the organization said it ...

Poland has scrambled fighter jets after an overnight Russian missile and drone attac k on Ukraine. Russia launched a new ...

Indonesia, a new member of BRICS, is considering importing cheap Russian oil but faces challenges in complying with US sanctions.

Oil prices slipped on Tuesday after a US government agency forecast steady US oil demand in 2025 while lifting its forecast for supply.

Katerina Tikhonova is seeking to take control of all high-tech companies in Russia. The daughter of Vladimir Putin, she ...

Moldova is bracing for double-digit inflation this year amid an escalating energy crisis triggered by Gazprom PJSC’s decision ...

A billionaire oil tycoon tried again on Wednesday to overturn British sanctions imposed over Moscow's invasion of Ukraine in ...