The Finnish research institute, Centre for Research on Energy and Clean Air (CREA), has stated that Russia’s oil revenue losses to European Union sanctions will increase...
A Russian oil executive, Ravil Maganov, who was consistent in his criticism of President Vladimir Putin over the country’s invasion of Ukraine, has died after he...
Within 100 days of Russia’s war against Ukraine, Vladimir Putin’s country made $97 billion from exportation of crude oil, with European Union accounting for 61% of...
Russia has been banned from exporting about 90% of its oil to European countries, amid fresh sanctions by the European Union (EU) in its effort to...
The oil market was up on Wednesday, with Brent crude selling at $109.06 per barrel, a rate last seen a day before April ended, as the...
More opportunities are about to open up for Nigeria’s oil, as Germany, the world’s 10th largest consumer of crude oil announced plans to stop buying Russian...
