The company identified the reserves (equivalent to 55 million tons) within the South-Novoportovskoye and Saletinskoye plots, describing it as the largest discovery in the Yamal in 30 years. Read also: ...

Both countries continue to insist they should be able to receive Russian oil despite European Commission efforts to phase out ...

By Kate Abnett BRUSSELS, Feb 17 (Reuters) - A row over oil delivery to central Europe escalated on Tuesday after Croatia ...

Hungary is releasing 250,000 tons of crude oil from its strategic reserves to safeguard domestic supply after Russian flows through the Druzhba pipeline were halted, escalating tensions with Ukraine ...