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Russia
Serbia Given Break on Oil Sanctions While Russians Look to Sell Off Refinery Stake
Hungary’s foreign minister said he expects Hungarian oil company MOL and Gazprom Neft to reach an agreement for the purchase of remainder of Russian shares in Serbia’s NIS.
Jan. 19, 2026
War in Ukraine
ANALYSIS: ‘Shortfall Blew Past Expectations’ – Russian Oil-and-Gas Revenue Hits Lowest Since 2020
Sanctions aside, the biggest foes of Russian dictator Vladimir Putin are the cost of oil per barrel and the value of the ruble itself.
Jan. 16, 2026
Russia
Russian Oil Company Refuses to Relinquish Control of Venezuela Exports
As Trump tries to actualize his administration’s plan for taking control of Venezuela’s oil fields and exports, the Russian presence there says it will conduct business as usual.
Jan. 14, 2026
Black Sea
Drones Hit Greek-Owned Oil Tankers in Black Sea
The two tankers, the Maltese-flagged “Matilda” and Liberian-flagged “Delta Harmony”, did not sustain major damage, an official from Greece’s maritime ministry told AFP.
Jan. 13, 2026
SSO
WATCH: Ukrainian Special Forces Blast Lukoil Platforms in Caspian Sea
The strikes deep in Russian territory, more than 700 km (435 miles) from Ukrainian controlled land, is part of an accelerating campaign against Russia’s oil wealth.
Jan. 11, 2026
Russia
OPINION: Trump’s Weaponization of Oil Is Russia’s Death Knell
Trump has failed to stop Russia’s war. But the new tactic of depressing global oil prices will conceivably pummel large oil producers like Russia and Iran – and bring them to heel.
Jan. 11, 2026
Russia
Ukraine Strikes Russian Oil Depot, Drone Bases, and Command Posts
Ukrainian forces struck an oil depot in Russia’s Volgograd region and hit multiple Russian military targets in occupied Ukrainian territories, the General Staff said.
Jan. 10, 2026
US
Trump Team Works Up Sweeping Plan to Control Venezuelan Oil for Years to Come
Washington is weighing control over Venezuela’s oil, reshaping energy markets, pressuring Russia’s revenues, and testing how far US power can reach in a world sliding toward resource geopolitics.
Jan. 8, 2026
US
US Oil Giant Chevron Interested in Russian Lukoil’s Foreign Assets
The offer targets Lukoil’s entire non-Russian portfolio, including oil and gas production, refining facilities and over 2,000 filling stations spanning Europe, Asia and the Middle East.
Jan. 8, 2026
US
US Moves to Seize Venezuela-Linked Oil Tanker as Russia Watches
The vessel, originally Bella‑1 and now renamed Marinera under a Russian flag, had slipped past a US maritime “blockade” of sanctioned tankers last month by dramatically changing course and reflagging.
Jan. 7, 2026
US
Russia Sends Reinforcements to Guard Oil Tanker Being Pursued by US Navy
The American Coast Guard attempted to seize the Bella 1, an ageing oil tanker believed to be part of the so-called “shadow fleet,” last month.
Jan. 7, 2026
Russia
Serbian President Hopes for Quick Sale of Russian-Controlled Oil Firm
The Pancevo refinery, which supplies around 80 percent of the Balkan country’s fuel needs, has been in limbo for weeks after US sanctions on Russia’s oil industry forced its shut down.
Jan. 2, 2026
Russia
Ukrainian Intelligence Claims Strike on Oil Refinery on Russia’s Black Sea Coast
According to sources within Ukrainian intelligence, Tuapse Oil Refinery’s primarily oil processing unit, along with a nearby marine oil terminal, were struck in the early hours of New Year’s Eve.
Dec. 31, 2025
War in Ukraine
Ukraine Says UK Storm Shadow Missiles Hit Key Russian Refinery
The Novoshakhtinsk refinery is a key fuel supplier in southern Russia and plays a direct role in supporting the Russian military, providing diesel fuel and aviation kerosene.
Dec. 26, 2025
Ukraine
Second Day of Russian Strikes Hits Ukraine’s Gas Sector
Ukraine’s state-owned gas conglomerate Naftogaz said on Wednesday that nearly 100 Russian drones have been targeting oil and gas facilities across Ukraine for two consecutive days.
Dec. 24, 2025
Trump
Russia Pledges ‘Full Support’ for Venezuela Against US ‘Hostilities’
US President Donald Trump last week also announced a blockade of “sanctioned oil vessels” sailing to and from Venezuela, taking the focus off of his questioned initial drug-running narrative.
Dec. 23, 2025