In 2009, Russia produced 12% of the world's oil and had a similar share of global oil exports. [4] Russia produced an average of 10.83 million barrels (1,722,000 m 3) of oil per day in …

Nov 16, 2023 · After Russia's invasion of Ukraine, the U.S. and European allies banned the import of Russian oil and natural gas. But a new report reveals that hundreds of millions of dollars …

Jul 2, 2024 · Russia is the third-largest producer of oil worldwide, accounting for over 12 percent of global crude oil production. Rich in natural resources, the country concentrates its energy...

4 days ago · Russian refineries are processing more crude oil in the hope of boosting fuel exports after new U.S. sanctions on Russian tankers and traders made exports of unprocessed crude …

Feb 20, 2024 · Russia is entering its third year of war in Ukraine with an unprecedented amount of cash in government coffers, bolstered by a record $37 billion of crude oil sales to India last …

Jan 10, 2025 · The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest sanctions to date meant to cut off funding for Moscow’s …

Feb 14, 2024 · Crude oil: China is the largest buyer of Russian crude oil, purchasing 52%, followed by India (33%), the EU (8%), and Turkey (5%) since the EU’s ban on crude oil from …

2 days ago · Russia's oil and gas condensate production reached 516 million metric tons, or 10.32 million barrels per day, in 2024, Deputy Prime Minister Alexander Novak told the energy …

Jan 10, 2025 · New energy sector determination targets Russia’s primary revenue source with sanctions against Gazprom Neft and Surgutneftegas, more than 180 vessels, and dozens of …

Jan 16, 2025 · The sweeping new sanctions imposed on Russia’s energy sector by the Biden administration on January 10 mark a significant shift in strategy. Since the start of Russia’s full …