BP's Castrol unit has secured a bid from US private equity firm One Rock Capital Partners, one of the few remaining bidders ...

Without stronger enforcement, including naval oversight and EU unity, sanctions risk being symbolic rather than impactful.

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Oil exports increased by 25,000 barrels per day (bpd) in May, reaching 6.19 million bpd, according to JODI data, which is ...

If you see a gross white sludge under your oil cap, it might be your car's way of dealing with built-up water and oil. Here's ...

EU agrees on 'one of its strongest' Russia sanctions packages after Slovakia lifts veto * UK sanctions Russian intelligence units involved in cyberattacks * Ukrainian drones reportedly attack Moscow ...

LONDON, July 18. /TASS/. The United Kingdom will support the decision made by the European Union to lower the price cap for Russian oil from $60 to $47.6 a barrel, Chancellor of the Exchequer Rachel ...

The majority of G7 nations are likely to go it alone on lowering the price cap for Russian oil exports, even if the US opts out, sources have told Reuters.

The European Commission is planning a new floating Russian oil price cap to counter opposition from some EU member states. The move aims to adjust the existing $60 cap due to falling global oil prices ...

The European Commission is set to propose a new floating oil price cap targeting Russian crude, adjusting to global market changes. Amidst varying support from EU and international leaders, the ...

The Financial Services Forum, which represents eight of the largest banks in the U.S., has lured Amanda Eversole from the ...