Freight rates for Russian oil shipments from Baltic ports to India are falling further in April from recent highs, as Urals crude trades well below the $60 price cap, increasing tanker availability, ...

Baltic Oil Terminals, the operator of exploration licences in the Kurgan Region of Russia through its 50% subsidiary Zauralneftegaz (ZNG), notes recent speculation in the Russian press ...

James Marson leads Ukraine coverage for The Wall Street Journal.

The Primorsky amber deposit in the Kaliningrad region is the largest in the world. Its capacity is estimated at more than 53 thousand tons of Baltic amber. This is enough to extract natural resources ...

MOSCOW (Reuters) – Russian Foreign Ministry spokeswoman Maria Zakharova said on Thursday that Estonia’s detention last week of a Russia-bound oil tanker was a provocative action that posed risks to ...

The Estonian navy has detained an oil tanker en route to Russia in the Baltic Sea and boarded the vessel to inspect its legal status.

“Estonia takes suspicious activities in the Baltic Sea very seriously,” he added. In placing the ship on its sanctions registry in February, the EU said it was involved in transporting Russian oil ...