By Ahmad Ghaddar and Olesya Astakhova LONDON/MOSCOW, Jan 26 (Reuters) - OPEC+ is expected to keep its pause on oil output ...

Lukoil has approached the Russian government seeking changes to the oil tax formula as discounts on Russian crude exceed $20 ...

Lukoil is petitioning the Russian government to change its tax rules because the Kremlin’s war in Ukraine has sent global ...

Oil prices fell on Tuesday as investors kept an eye on a resumption in supply from Kazakhstan, but price declines were ...

Russia’s fuel oil exports to Asia are falling for a third consecutive month as U.S. sanctions, refinery disruptions, and ...

Lukoil, Russia's largest private oil company, has been forced to seek government support amid a collapse in prices for ...

Lukoil, which has fallen under U.S. sanctions, is asking the Energy Ministry to change the taxation procedure in order to receive payments from the federal budget, according to "Izvestia" citing a ...

As US sanctions impact Russian oil supplies, India is moving back to West Asian sources, with Iraq resuming its role as a major exporter. This transition also signals Iraq catching up on Russia and ...

Oil prices were steady as output disruptions in ‍major U.S. crude-producing ‍regions and tensions between the U.S. and Iran boosted prices.

The EU’s plan to finally cut off Russian gas imports is facing mounting resistance from within the bloc, as legal threats, ...

For much of last year, discounted Russian oil made up the lion's share of Indian purchases, a financial lifeline for Moscow ...

Speculators are caught short as the ‘glut’ quietly drains away. With Venezuela drawing floating barrels, the risk of an Iranian attack rising, a polar vortex hitting US supply and China and India ...