U.S. sanctions are dismantling what remains of Lukoil's Litasco, once Russia's biggest oil trader and a rival to top Swiss ...

By Ahmad Ghaddar, Shariq Khan and Robert Harvey LONDON/NEW YORK (Reuters) -U.S. sanctions are dismantling what remains of ...

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

The Abu Dhabi National Oil Company, based in the United Arab Emirates, is in talks to buy Russia’s stake in energy behemoth ...

Aleksandar Vučić has for many years been trying to balance between East and West, maintaining close ties with Russia, cultivating good relations with the United States, and simultaneously striving for ...

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

OANDA examines how Western sanctions against Russia failed to achieve total economic collapse and accelerating global ...

Serbian Minister of Mining and Energy Dubravka Djedovic-Handanovic noted that the name of the third party is not being disclosed until "crucial details" are worked out ...

Serbia’s only refinery, Naftna Industrija Srbije (NIS), has applied to the U.S. Department of the Treasury for a special ...

Serbia's Russian-owned oil company NIS has requested a special licence from the U.S. Treasury Department’s Office of Foreign ...

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