Drone attack sets energy facility on fire in Russia's Belgorod region

A drone attack set an energy facility on fire in Russia's Belgorod region in the early hours of Monday, the region's governor said.

Iran, Russia to Ink MoU Worth $40 Billion in Coming Months: Oil Minister

Iranian oil minister revealed the signing of a memorandum of understanding (MoU), valued at $40 billion, between Islamic Republic of Iran and Russian Federation in coming months.

EU to curb Indian fuel imports made with Russian oil

Josep Borrell, the European Union’s foreign policy chief, has said that the bloc will act against the importation of Indian petroleum products that use Russian oil, in rare explicit criticism of India’s role in helping Russia evade Western sanctions amid the war in Ukraine.

Russia oil refinery fire extinguished after drone attack: Governor

A fire at an oil refinery in the Ilsky settlement in Russia’s southern Krasnodar region has been extinguished, the regional governor said.

US Navy: Iran seized Marshall islands-flagged oil tanker in Gulf Of Oman

Iran has seized a Marshall Islands-flagged oil tanker in the Gulf of Oman while it was in transit in international waters, the United States Navy said on Thursday.

US Troops Smuggle More Syrian Oil into Bases on Iraqi Soil

 Local sources in the Syrian town of al-Ya'rubiyah said a US convoy consisting of 77 vehicles and carrying 32 tankers filled with stolen Syrian oil entered their bases in Iraq through the illegal Al-Waleed crossing.

Russia claims explosive devices found at Druzhba oil pipeline

Russian oil company Transneft claimed on Wednesday that multiple explosive devices were found at the Druzhba oil pipeline in the western Bryansk region.

Russia to Cut Oil Production over Western Caps

Russia will cut oil production by 500,000 barrels per day next month in response to the West capping the price of its crude over the war in Ukraine, Deputy Prime Minister Alexander Novak said on Friday.

US to increase pressure on China to stop importing Iranian oil, Iran envoy says

The Biden administration’s top Iran envoy said it will increase pressure on China to cease imports of Iranian oil as the US tries to enforce nuclear sanctions.

8 people missing as oil tanker explodes in Thailand

At least eight workers have been missing after an oil tanker caught fire and exploded at a dockyard in central Thailand on Tuesday, local media reported.

US Forces Smuggle 95 Tankers of Syrian Stolen Oil into Iraq Overnight

As looting of Syrian natural resources continues, US occupation forces in Syria have smuggled a new batch of stolen oil from the war-torn Arab country through Iraq's illegal crossings.

Oil price expected between $70 and $100 per barrel in 2023, says Novak

The current price of Brent oil reflects the real situation on the oil market, Russian Deputy Prime Minister Alexander Novak said in an interview aired by the Rossiya-24 TV news channel on Friday, adding that next year it might total from $70 to $100 per barrel, with separate surges possible.

Turkey seeks proof of insurance from Russian oil tankers

Turkey says it has started requesting proof of insurance from tankers loaded with Russian crude oil as Moscow expressed concern about a build-up of oil tankers in the Bosphorus Strait.

Zelenskyy’s chief of staff: ‘Necessary to lower it to $30’ per barrel

The price cap on Russian seaborne crude oil agreed to by Western countries should be lowered to $30 per barrel to hit Russia’s economy harder, a senior Ukrainian presidential aide said.

US smuggling of oil from Syria illegal, Chinese spokesperson – SANA

The US stationing of troops in Syria and its smuggling of oil and grain from Syria are illegal, Chinese foreign ministry spokesperson Zhao Lijian said Friday in a daily news briefing.

West keeps plundering Syria’s natural resources — Russia’s ambassador to UN

The Western countries do not stop plundering Syria’s natural resources. In October alone, with support from the US military, more than 160 truckloads of crude oil and wheat were taken out of Syria to Iraq, Russia's ambassador to the UN, Vasily Nebenzya, said at a meeting of the UN Security Council.

Syrian Troops Expel US Forces from Village in Oil-Rich Hasakah

Syrian military forces blocked a US military convoy as it was attempting to pass through a community in northern oil-rich Hasakah province.

Haitis Police Forces Lift Bandit Blockade Of Countrys Largest Fuel Terminal

Haiti's national police have regained control over the key Varreux fuel terminal that had been blocked by bandits since September, Le Nouvelliste newspaper reported, citing a source in the police.

Iran’s Guards Seizes Tanker Smuggling Fuel in Persian Gulf

The Islamic Revolution Guards Corps Navy captured a foreign oil tanker in the Persian Gulf that was carrying 11 million liters of smuggled fuel.

Protests Erupt across Europe amid Rising Cost of Living

 Protests over soaring energy, food, and fuel prices have broken out across Europe.