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Sakhalin Energy wants to raise long-term contract prices.

Russia's biggest liquefied natural gas producer began production at its Arctic LNG 2 project despite U.S. sanctions.

Russian warships from the Pacific Fleet have crossed the Bab-el-Mandeb Strait and entered the Red Sea, the state-run Tass news agency said.

Oil soared past $100 per barrel for the first time in years last month after Russian forces escalated a conflict with Ukraine.

Russian oil cargoes are increasingly disappearing from view.

Under pressure from Greece's navy, traders of Russian oil have found a new place to switch cargoes of crude in the Mediterranean sea.

Russian oil is trading far in excess of a Group of Seven price cap that's supposed to deprive Moscow of revenue for its war in Ukraine.

Traders, tanker companies and the world's most powerful governments are becoming increasingly fixated upon one question in the oil market.

The European Commission told member states that a $60-a-barrel cap on the price of Russian oil is proving effective.

The prices of Russian oil 'markedly' fell after the United States and its allies started implementing a tougher price cap regime last year.