U.S. President Joe Biden acknowledged that new sanctions on Russia may lead to a slight increase in gas prices for Americans. However, he stressed that the sanctions would have a more significant ...

German authorities have said an oil tanker stuck in German waters belongs to Russia's "shadow fleet" intended to avoid ...

Gas flows from Azerbaijan to Serbia have been halted and it is unclear when they will resume, news agency Tanjug quoted ...

The U.S. economy boasted an impressive 256,000 nonfarm payrolls in December, a figure that shocked forecasters.

Biden's statement follows the US and UK sanctions imposed on 10 January against Russian oil giants Gazprom Neft and Surgutneftegas, targeting Moscow's energy sector revenue streams.

The ending of Ukraine’s long-standing role as transit route for Russian gas to Europe continues to exacerbate already ...

Good afternoon, and happy Friday, readers! In today’s Daily on Energy, Callie and Maydeen continue to cover the destructive fires burning throughout Los Angeles County. Our hearts go out to those who ...

Oil prices surge to three-month highs as U.S. broadens sanctions on Russian oil and winter weather lifts demand for heating ...

The United States and Britain on Friday announced sanctions against Russia's energy sector, including oil giant Gazprom Neft, ...

President Joe Biden’s administration says it’s expanding sanctions against Russia’s critically important energy sector over its war in Ukraine ...

US Department of the Treasury and United Kingdom jointly targeted Russian Gazprom Neft and Surgutneftegas, marking the most comprehensive action yet against Russia's ability to profit from energy ...

Fresh U.S. sanctions on Russia’s oil sector looked to threaten global supplies, lifting prices for both U.S. and global benchmark crude sharply on Friday. The [U.S. Department of Treas ...