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

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

Russian energy giant Gazprom is pushing ahead with plans for a new gas pipeline to China, drawing up costly detailed designs ...

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

Ah, St. Petersburg. The city of tsars, stunning architecture, and apparently, a burning desire to host a tennis tournament, ...

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

Serbia's planned new long-term natural gas supply deal with Russia's Gazprom faces uncertainty, and Belgrade now hopes to ...

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

A unit of Russian gas giant Gazprom has acquired a 51% stake in Russian luxury carmaker Aurus, the Vedomosti newspaper ...

Gazprom has taken control of Russian luxury carmaker Aurus after acquiring a 51% stake in mid-2025, the Vedomosti business ...

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