Trump’s new sanctions forced Bulgaria to seize Lukoil’s Neftohim refinery and cut Russia out of the country’s energy sector.

Russia's state-owned company Gazprom Neft to be forced out of Serbia's NIS after imposition of Western sanctions.

After the latest round of American sanctions targeting Russia’s oil sector, Bulgaria faced an urgent problem: Lukoil — the ...

The assault on the US bureaucracy since the beginning of the second Trump term has weakened the sanctions machinery even ...

Serbia is willing to pay a premium to regain control of oil refiner NIS AD as it seeks ways to unshackle the Russian-owned ...

The Russian majority owners of Serbia’s sole refinery, NIS, are negotiating to cede control to a third party and have ...

The aggressor country russia has lost influence in the Balkans after the US sanctions on russian oil companies Lukoil and ...

OANDA reports that Western sanctions on Russia have failed to collapse its economy, leading to de-dollarization and advanced ...

The US government jolted energy markets when it announced sanctions on Russia’s two biggest crude oil producers on Oct. 22.

The U.S. has rejected a request by Serbia's Russian-controlled oil and gas producer NIS for another sanctions reprieve, ...