The US Treasury announced on Friday that some of the measures will be turned into a law which would effectively mean that if ...

Biden administration officials say the sanctions are being imposed now because they are not likely to add to inflation ...

In total, the United States is sanctioning 183 oil-carrying vessels, Russian oil traders and oilfield providers, the two ...

The UK North Sea Transition Authority (NSTA) has fined CNOOC Petroleum Europe £125,000 ($155,110) for unauthorised venting at ...

Britain's gas storage levels are worryingly low, with less than a week's worth of gas in storage after a cold snap, energy ...

The outgoing Biden administration is hitting vessels in Russia's 'shadow fleet' and big oil producing firms with new ...

Aliko Dangote, Africa's richest man, is worth around £11 billion making his fortune 18 times larger than King Charles' ...

Ukrainian President Zelenskyy says he is confident sanctions will ‘significantly reduce Russia’s petrodollar income’.

Unpredictable and extreme weather, the threat of US tariffs, and instability in the Middle East will all affect food ...

Normally on a photoshoot it's the face that gets the powder treatment, not the bum. But we are not in a normal environment ...

Discovered in 1984, the Alba heavy oilfield lies about 210 kilometres north-east of Aberdeen and started production in 1994 ...

Explore how Russia's shadow fleet of tankers is circumventing Western sanctions, ensuring continued oil revenue despite ...