The closures highlight the struggles of the Russian refining industry, which has been caught in the crosshairs of Ukrainian ...

At least three Russian refineries had to halt processing or cut runs due to heavy losses amid export curbs, rising crude prices and high borrowing costs, according to five industry sources.

The Financial Times reported on Wednesday that an initiative to merge Russia’s biggest oil producers is part of Energy ...

In the global energy landscape, Russia is reportedly contemplating a merger between its top oil producers: state-backed ...

Russia extended export limitations in August, and its main gasoline producers include Gazprom Neft, Lukoil, and Rosneft. In 2023, Russia produced 43.9 million tons of gasoline, exporting 13% primarily ...

Russian Energy Minister Sergei Tsivilev said on Wednesday that the ministry believed it was possible to lift restrictions on gasoline exports as fuel prices have been stable, Interfax news agency ...

Described as “the most powerful lobbyist in Trump’s Washington,” represented Russian oligarch and billionaire David ...

A spokesperson for the oil giant Rosneft has denied a report by The Wall Street Journal that the company is involved in any ...

Rosneft denies media reports about a potential mega-merger between Russia's biggest oil companies, calling them a tactic to gain market advantage.

Rosneft is Russia's largest oil company. It denied any reports that it was planning to take over a large chunk of the Russian Oil Sector.

Rosneft , Russia's biggest oil company, denied reports that it had any intention of taking over a major chunk of the Russian ...

A deal to combine three of Russia's biggest oil firms would create the biggest producer in the world after Saudi Aramco.