A strong rouble and low oil prices are set to widen Russia's budget deficit this year, adding to the pressure on it from ...

But does it really matter? Russian factories produce nearly 1,000 Shaheds a month, each ranging farther than 900 miles with a ...

The United States reached separate deals on Tuesday with Ukraine and Russia to halt attacks at sea and against energy targets ...

Ukraine's strikes on Russian energy sites will have to stop temporarily, following Russia's agreement to begin the limited ...

Authorities in the southern Russian region of Krasnodar said a Ukrainian drone attack caused a fire at an oil depot near the ...

It said oil transfer is halted and its shareholders are being impacted. An oil pumping station in Russia that was targeted by a suspected Ukrainian drone strike was still on fire a week later ...

And if that changes, there are far easier places to exploit new oil fields than Russia, including in U.S. shale formations. Russia needs Western technology to tap oil reserves located in difficult ...

Russia accused Ukraine on Friday of attacking its energy facilities despite a moratorium on such strikes, saying a gas ...

This was to be effected by striking new oil and gas field exploration and development deals with Baghdad as part of Russia’s role in intermediating in the perennial dispute between the KRI and ...