Russia’s crude oil shipments dropped for the second straight week, cutting into the profit gains from the recent spike in ...

As the top oil explorer in Russia from 1925 to 1942, Dr. Smirnov discovered the Arctic fields in the Taimyr-Lena area, and the rich Second Baku basin, which stretches from the Caspian Sea to the ...

Congress is pushing for new oil and gas leases in the Arctic National Wildlife Refuge, which would threaten the region’s outdoor recreation economy and generate minimal revenue for taxpayers.

Russia has already dispatched a record amount of oil through its section of the Arctic Circle this year, expediting cargo deliveries to China in what is an environmentally sensitive area.

Russia has increased supplies of its oil from the Arctic to Syria, which needs the feedstock for its refineries, according to shipping data cited by an industry source and LSEG data.

The administration wants to designate a High Arctic offshore area beyond the 200-mile limit as part of a new oil leasing plan, but U.S. rights to the area are uncertain.

Under Biden, the Interior Department suspended activities on the Arctic refuge oil development program and conducted new environmental analysis — and ultimately, all nine leases sold in 2021 ...

Two tankers hit by U.S. sanctions are due to offload Russian Arctic Oil in Syria for the first time, days after Moscow made its first known delivery of diesel there in more than a decade ...

Arctic refuge oil lease sale delayed by one day. By Amelia Davidson | 01/02/2025 01:46 PM EST . The sale was pushed to Jan. 10 due to a national day of mourning for former President Jimmy Carter.

Russia’s Arctic oil exports to China are set to rise sharply this month buoyed by a jump in ship-to-ship transfers at sea… Friday, June 13, 2025.