The European Union’s full ban on Russian coal imports kicked in on Thursday at a time when British defense intelligence said that Western sanctions were increasingly having an impact, even Continue Reading
With satellite images showing at least eight wrecked warplanes after explosions at a Russian air base in Crimea, President Volodymyr Zelensky of Ukraine said late Wednesday that Moscow’s mounting losses Continue Reading
India has ramped up imports of Russian coal since Ukraine war June customs data shows non-dollar payments now common Chinese yuan, Emirati dirham trades becoming more popular Banks and traders Continue Reading
Highlights Flows at Korneti entry point restarted on Aug 5 Gazprom suspended gas flows to Latvia on July 30 Latvia to ban Russian gas imports from 2023 Gas flows into Continue Reading
Russian airlines, including state-controlled Aeroflot (AFLT.MM) , are stripping jetliners to secure spare parts they can no longer buy abroad because of Western sanctions, four industry sources told Reuters. The Continue Reading
As many as 80,000 Russian troops have been wounded or killed in less than six months of fighting in Ukraine , the Pentagon said Monday, the first time the U.S. Continue Reading
Siemens Energy (ENR1n.DE) , which supplies equipment to the power industry, on Monday warned of a deeper than previously expected net loss in 2022, on a charge of around 200 Continue Reading
Gazprom’s future is facing increasing uncertainty as Europe races to reduce its dependence on Russian gas. Gazprom possesses the world’s largest reserves of natural gas, but losing one of its Continue Reading
Turkey’s President Tayyip Erdogan and Russia’s President Vladimir Putin agreed on Friday to bolster cooperation after a four-hour meeting, a joint statement from the two nations has revealed as cited Continue Reading
Russia has banned investors from so-called unfriendly countries from selling shares in key energy projects and banks until the end of the year, stepping up pressure in the sanctions stand-off Continue Reading
Gazprom (GAZP.MM) will receive 50% of a new Russian entity replacing the Sakhalin Energy liquefied natural gas (LNG) project, Russian news agencies reported on Wednesday, citing a government decree. Interfax Continue Reading
An oilfield near Neftekamsk, in the Republic of Bashkortostan, Russia. Source: Bloomberg Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Russia appears Continue Reading
Russia registered 17,126 new cases of coronavirus in the last 24 hours, the highest daily increase since April 2, the country’s anti-pandemic taskforce said in a statement. The taskforce said Continue Reading
Baker Hughes (BKR.O) said on Monday it signed a deal to sell its oilfield services (OFS) business in Russia to the local management team, months after stopping new investments in Continue Reading
Russian shipments stabilize Russia’s seaborne crude shipments have stabilized at a level about 500,000 barrels a day below the peak they reached after Moscow’s troops invaded Ukraine in February and Continue Reading
Russia’s Rosatom has awarded TSM Enerji the contract to undertake the remaining construction work at the $20 billion nuclear power plant it is building in Akkuyu in southern Turkey, the Continue Reading
Russia’s idled primary oil refining capacity was revised up to 2.591 million tonnes in August, up 34% from the previous estimate, sources citing refinery maintenance data and Reuters calculations showed Continue Reading
Delivery of a Nord Stream 1 gas turbine to Germany from Canada after maintenance was not in line with the contract, Gazprom’s (GAZP.MM) senior manager said on Friday, stepping up Continue Reading
The United States and its allies are leaning heavily on economic sanctions to punish Russia for its invasion of Ukraine. But a key element in that strategy, restrictions on Russian oil Continue Reading
Russian Sakhalin Energy Investments Co is asking the buyers of its liquefied natural gas to pay for it via the Moscow branch of an international bank, Reuters has reported , Continue Reading
Russia is boosting natural gas shipments to China as it curbs flows to Europe, a dynamic that may offer some respite from the unprecedented rally in energy costs, according to Continue Reading
MOSCOW, July 29 (Reuters) – Russia’s idled primary oil refining capacity was revised up to 2.591 million tonnes in August, up 34% from the previous estimate, sources citing refinery maintenance Continue Reading
The Ukrainian military said on Saturday it had killed scores of Russian soldiers and destroyed two ammunition dumps in fighting in the Kherson region, the focus of Kyiv’s counter-offensive in Continue Reading
When Ukraine pushed Russian forces back from the country’s second-largest city of Kharkiv in May, they quickly headed to the border to dig their flag into Ukrainian soil that, for Continue Reading
Russia has tasked mercenaries to hold sections of the frontline in Ukraine in a sign it is running short of combat infantry, Britain’s Ministry of Defence said on Friday, as Continue Reading
Russian advances in Ukraine have slowed almost to a standstill as newly delivered Western weapons help Ukrainian forces reclaim much of the advantage they had lost in recent months, opening Continue Reading
Russia delivered less gas to Europe on Wednesday in a further escalation of an energy stand-off between Moscow and the European Union that will make it harder, and costlier, for Continue Reading
Global LNG Competition Intensifies on Russia Supply Cut Bloomberg News The Kremlin is likely to keep vital gas flows to Europe at minimal levels as long as the standoff over Continue Reading
Russia’s oil giant Rosneft on Tuesday said it had launched construction works on an oil terminal for its Vostok Oil project in the Arctic, expecting the port to become the Continue Reading
Russia delivered less gas to Europe on Wednesday in a further escalation of an energy stand-off between Moscow and the European Union that will make it harder, and costlier, for Continue Reading
Russia delivered less gas to Europe on Wednesday in a further escalation of an energy stand-off between Moscow and the European Union that will make it harder, and costlier, for Continue Reading
Gazprom’s MoU with the Iranian NIOC marks the next major step in oil and gas cooperation between the two countries. Gazprom has pledged its full assistance to the NIOC in Continue Reading
Russia tightened its gas squeeze on Europe on Monday as Gazprom (GAZP.MM) said supplies through the Nord Stream 1 pipeline to Germany would drop to just 20% of capacity. Gazprom Continue Reading
Russia’s cut in supplies through its main gas pipeline to Germany will leave countries unable to meet goals to refill storage and Europe’s biggest economy faced with rationing industry to Continue Reading
Highlights State subsidies, renewed export flows boost processing economics Legislation changes, sanctions could pose new challenges Russian refineries are reaping the benefits of state subsidies for domestic production coupled with Continue Reading
European Union countries agreed on Tuesday to an emergency regulation to curb their gas use this winter, as Europe prepares for a winter of uncertain supplies from Russia. “This was Continue Reading
Russian energy giant Rosneft (ROSN.MM) said on Tuesday it has started construction of an Arctic oil terminal at the Bukhta Sever port, part of its huge Vostok Oil project, aimed Continue Reading
European gas prices hit a five-month high after Russia deepened supply cuts to the continent in Moscow’s latest attempt to weaponize energy supplies. Futures contracts for delivery next month tied Continue Reading
Siemens Energy (ENR1n.DE) handed over Canadian documentation to Russian gas giant Gazprom (GAZP.MM) on Sunday which would allow the transport of turbines for the Nord Stream 1 gas pipeline, Russia’s Continue Reading
Russia attacked Odesa’s sea port with cruise missiles hours after signing a deal to unblock Ukrainian grain exports from three Black Sea ports, including Odesa, that was hailed as a Continue Reading
Kyiv and Moscow have struck a deal aimed at averting a global food crisis, agreeing a “de facto ceasefire” on cargo ships that will collect millions of tonnes of stranded Continue Reading
Mykhailo Poperechnyuk was driving towards the town of Nikopol, in southern Ukraine, earlier this month when he saw a barrage of Russian rockets streaking across the night sky. The missiles were Continue Reading
Russia and Ukraine signed an agreement in Istanbul on Friday to free more than 20 million metric tons of grain stuck in blockaded Black Sea ports in Ukraine, a deal Continue Reading
There are many moving parts to the grain deal Russia and Ukraine reached, which officials didn’t think was even possible until last week, not least because the war is continuing Continue Reading
-Russian gas producer Gazprom (GAZP.MM) said its supply of gas to Europe through Ukraine via the Sudzha entry point was seen at 42.1 million cubic meters (mcm) on Saturday versus Continue Reading
Top two refiners suspend purchase of Russian crude Russian coal imports plunge 60%, LNG imports hike 26% in June Japan’s Russian crude oil imports fell to zero in June, while Continue Reading
Russia resumed pumping gas via its biggest pipeline to Europe on Thursday after a 10-day outage, the operator said, allaying Europe’s immediate winter supply fears after President Vladimir Putin had Continue Reading
A missing turbine that Moscow says has caused the Nord Stream 1 pipeline to pump less gas to Europe is stuck in transit in Germany because Russia has so far Continue Reading
Ukraine, Russia, Turkey and U.N. Secretary-General Antonio Guterres will sign a deal on Friday to resume Ukraine’s Black Sea grain exports, Turkish President Tayyip Erdogan’s office said on Thursday. Russia Continue Reading
Novak: Russia will not pump oil at a loss. The United States hopes that there will be an agreement on capping the price of Russian oil by December. Russia’s exports Continue Reading
