Operations at Serbia's Russian-owned NIS oil refinery have halted due to a lack of crude oil supplies, Belgrade-based NOVA.RS ...

Ukraine's military hit a Russian oil refinery in Krasnodar region and an oil terminal in the port of Novorossiysk, it said on Tuesday. Kyiv's forces have stepped up long-range attacks on Russian ...

Ukrainian drones and missiles struck several strategic enterprises and enemy targets in Russia overnight. Aircraft and oil refineries were hit, according to the General Staff of the Armed Forces of ...

Belgrade says failure to secure OFAC waiver for Russian-owned NIS could trigger fuel shortages, banking risks and wider ...

Global refining margins have hit multi-year highs in November due to sanctions on Russia, refinery outages and maintenance, ...

Serbia's Russia-owned NIS oil refinery faces imminent shutdown due to U.S. sanctions, threatening fuel supplies before winter. President Vucic warned of economic impacts and potential state takeover ...

Attacks on Russian refineries, planned maintenance, refinery outages and unplanned repairs have reduced global refining ...

The sanctions have cut off NIS from international banking services and halted crude deliveries via Croatia’s JANAF pipeline, ...

Russia's fourth-largest oil processor, Rosneft’s Ryazan refinery, has suspended crude processing until at least December 1 ...

Bank scrutiny following the latest US sanctions has made Indian state refiners ‘extremely cautious’, one of the refining ...

Reliance is India's largest buyer of Russian oil, which it processes and turns into fuel such as petrol and diesel.

Crude oil inventories decreased last week by 3.4 million barrels as exports increased and refineries ran at a higher rate, ...