Oil Production in Russia Sharply Decreased in December 2025 Due to Attacks and Sanctions
In December 2025, the Russian Federation experienced the most significant reduction in crude oil production in the past year and…
oil industry
The United Kingdom Introduced New Sanctions Against 24 Russian Companies and Individuals
The United Kingdom has announced the implementation of additional sanctions against 24 individuals and organizations connected to Russia. This move…
How US Sanctions Affect the Sale of Foreign Assets of Russian Oil Companies
The international assets of Russian oil companies have come under scrutiny due to new US sanctions. In particular, one of…
Russia’s Oil Export Revenues Fall to Lowest Level Since 2022 Due to Sanctions and Ukrainian Strikes
Revenues of the Russian Federation from oil and petroleum product exports significantly decreased in November 2025, reaching the lowest level…
The USA has postponed sanctions against Lukoil gas stations abroad until April 2026
The United States has decided to delay the implementation of sanctions against the gas stations of the Russian oil company…
Caspian Pipeline Consortium’s Marine Terminal in Novorossiysk Suspends Oil Loading After Attack
The marine terminal of the Caspian Pipeline Consortium (CPC) in Novorossiysk has suspended oil loading following a morning attack by…
US Sanctions Against Russia: Impact on Serbia’s Energy Sector and Lukoil’s Business in the US
The only oil refinery in Serbia, owned by NIS, is operating at reduced capacity due to the United States' requirements…
Exxon Mobil and ADNOC Consider Purchasing Foreign Assets of Russian Lukoil
International energy giants Exxon Mobil and Abu Dhabi National Oil Company (ADNOC) have joined the list of potential buyers for…
Chevron Considers Acquisition of Lukoil’s International Assets Under U.S. Conditions
The American oil company Chevron is exploring the possibility of acquiring the international assets of the Russian company Lukoil, which…
Romania and Bulgaria Seek to Exempt Russian Refineries from US Sanctions
Romania and Bulgaria are actively seeking to exempt the oil refineries owned by the Russian company Lukoil from US sanctions.…