Russia's government has decided to partially reinstate export duty on crude oil produced in East Siberia starting July 1, a government source said...
Venezuelan and Russian oil companies plan to start producing 50,000 barrels of heavy crude a day this year from the Junin block in the eastern...
Russia's National Oil Consortium and Venezuela's state-owned oil company Petroleos de Venezuela SA, or PDVSA, are expected to sign April 2 a...
Russia produced an average of 10.08 million barrels a day of crude oil and gas condensate in February, up 0.4% from January, according to a...
Russian oil major TNK-BP Holding (TNBP.LN) plans to invest around $250 million in development of the Junin-6 oil block in Venezuela within two to...
Kazakh state oil and gas company KazMunaiGas said Thursday that oil supplies from Russia to Kazakhstan have been restricted, a month after Russia...
Russia produced an average of 10.04 million barrels a day of crude oil and gas condensate in January, down 0.1% from December, statistics from the...
Venezuela inked a deal with Russia to develop an extra-heavy oil block in the eastern Orinoco region that could eventually produce 450,000 barrels...
Russia's National Oil Consortium and Venezuela's state-owned oil company Petroleos de Venezuela SA have signed an agreement to set up a joint...
Russian oil flows to Belarus' largest refinery could halt Thursday, if the two countries fail to settle a pricing dispute, Russian pipeline...
Russian oil pipeline operator OAO Transneft (TRNFP.RS) plans to start building a $600 million oil pipeline in Venezuela within three to four...
Russia may review legislation restricting foreign access to its natural resources, as economic conditions have changed since the current laws were...
Russian oil major OAO Lukoil Holdings (LKOH.RS) Friday said it agreed to buy a major stake a Dutch refinery, the latest in a series of deals...
Hungarian oil and gas company MOL Nyrt. (MOL.BU) said Wednesday that Russian firm Surgutneftegaz's (SNGS.RS) purchase of an MOL stake is an...
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