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Ukraine's State Security Service (SBU) hit two oil depots in Russia's Krasnodar Krai overnight on May 9, a source privy to the information told the Kyiv Independent.

Drones of the Security Service of Ukraine (SBU) attacked two oil depots in Russia's Smolensk Oblast overnight, destroying 26,000 cubic meters of fuel, sources in law enforcement agencies told the Kyiv Independent on April 24.

£2.2bn-worth of oil processed in China, India and Turkey – to whom Russia supplies crude – was imported in 2023, data shows

The figures demonstrate that western sanctions targeting Moscow's oil and gas industries have not been as effective as hoped.

Russia's reconnaissance capabilities in the sky, on the water, and on land suffered after Ukraine regained control of a set of oil drilling platforms located in the Black Sea last autumn, Ukraine's military intelligence said on April 8.

An oil pipeline near the Russian city of Azov, Rostov Oblast, that was funneling oil products to tankers in the Azov Sea Port was blown up overnight on April 6, Ukraine's military intelligence agency (HUR) said.

"We have neither supported nor enabled strikes by Ukraine outside of its territory," Blinken said, responding to a question from a journalist about the Ukrainian strikes on Russian oil refineries.

The two countries also said they were increasingly concerned that Russia has been providing refined oil to North Korea.

Banks in China, the UAE, and Turkey have boosted sanctions compliance leading to Russian oil firms facing months of delays in receiving payments, Reuters reported on March 27. In some cases, money transfers to Moscow have been rejected entirely, several sources familiar with the matter told the outlet.

The disruption of oil exports from South Sudan after one of its key oil pipelines to international markets was damaged in February could further escalate already acute level of violence and in security in the country, experts have warned....

Russia's oil industry is starting to feel the pressure of Western sanctions as Indian refineries no longer accept tankers of Moscow's state-owned state-run Sovcomflot shipping company, Bloomberg reported on March 23.

A fire that broke out at the Kuibyshev oil refinery in Russia's Samara region overnight on March 23 had been caused by a drone attack, the regional government told Russian state-controlled news agency Interfax, citing Governor Dmitry Azarov.

The sources told the Financial Times that the U.S. is concerned Russia could potentially retaliate by striking energy infrastructure used by the West, which could result in higher energy prices globally.

Ukrainian drone attacks targeted three oil refineries deep inside Russian territory, in what President Vladimir Putin described as an attempt to disrupt the upcoming presidential election. The facilities hit by Ukrainian drones in the past days account for about 12% of Russia’s oil-processing capacity.

An overturned vessel has caused a huge oil spill along Trinidad and Tobago’s coastline, in what the Caribbean country’s prime minister described as a “national emergency” on Sunday. The spill occurred on February 7 off the southern shores of the Tobago Island, according to the country’s Office of Disaster Preparedness...

A large fleet of oil tankers used to export Russian crude oil is grinding to a halt, potentially as a result of increased U.S. sanctions on the Russian oil market, Bloomberg reported on Feb. 13.

The sanctions announced by OFAC on Feb. 8 were targeted at three companies based in the United Arab Emirates (UAE) and one in Liberia. The last company to be sanctioned by OFAC for violating the price cap in January 2024 was also registered in the UAE.

Russian oil refineries reduced refining operations by 4% in January 2024 compared to the same period the year before, partly due to "increased drone attacks," the Russian state-controlled media outlet Kommersant reported on Feb. 6.

The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) announced on Jan. 18 sanctions against the shipping company Hennesea Holdings Limited for violating the $60 per barrel price cap on Russian crude.

Russia's oil drilling industry is on track to set record highs for the second year in a row, raising doubts on the ability of Western sanctions to curtail profits from the lucrative sector, Bloomberg reported on Jan. 10.

Exclusive: Sergey Kolesnikov has supplied building materials to Russian military and for use in occupied Ukraine

The death toll from the recent gas tanker explosion in Totota, Lower Bong County, has risen to over 40, according to Liberia's Chief Medical Officer and Deputy Minister for Health Services, Dr. Francis Kateh....