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Articles with tag "Energy"

Did the Mideast Conflict Just Rescue Russia’s War Budget?

Despite the surge in Russian oil prices, analysts caution that this boost in revenues is unlikely to fully reverse Russia’s economic woes.

Russia Ready to Supply Oil and Gas to Europe If It Asks, Putin Says

The Kremlin leader said energy cooperation would need to be "long-term" and not be an attempt to pressure Moscow.
1 Min read

Low Oil Prices, Strong Ruble Squeezed Russia’s Budget in February

Experts said the recent surge in oil prices due to the Middle East conflict would not materially affect Russia's March revenues.
3 Min read

Russian Wholesale Gasoline Prices Jump on Refinery Drone Strikes

Wholesale gasoline prices posted their sharpest weekly increase since July 2025.
2 Min read

Russia Hits Ukraine Power Grid With ‘Massive Attack,’ Operator Says

Kyiv requested emergency assistance from Poland after Russia hit two power plants in western Ukraine.
1 Min read

Putin Touts Energy Ties With China After Trump Says India May Halt Russian Oil Imports

The talks came two days after Trump announced he would lower tariffs on Indian goods in exchange for New Delhi halting purchases of Russian oil.
2 Min read

Gazprom Neft Provisionally Agrees to Sell Stake in Serbian Oil Firm

The pending sale agreement will now be submitted to the U.S. government for approval, as the company seeks to avoid another sanctions-related shutdown...
2 Min read

Gazprom’s Gas Exports to Europe Fall to Lowest Level Since Early 1970s

Gas supplies to Europe fell by a further 44% in 2025, reducing flows to 18 billion cubic meters (bcm).
2 Min read

Overnight Russian Strike on Ukraine Triggers Heating, Water Cuts

“Russia’s aim is to inflict suffering on millions of Ukrainians,” President Volodymyr Zelensky said on social media.
2 Min read

EU Strikes Deal to Ban All Russian Gas Imports by 2027

The European Council said the timeline is intended “to end dependency on Russian energy following Russia’s weaponization of gas supplies.”
2 Min read

Russian Stakeholders in Serbian Oil Company Are Negotiating Exit as U.S. Sanctions Take Effect, Minister Says

The U.S. Treasury began applying sanctions to NIS on Oct. 9 after several postponements since January.
2 Min read

Massive Russian Attack Hits Ukraine Energy Infrastructure – Kyiv

Authorities in northeastern Kharkiv and southern Odesa regions reported overnight drone strikes on energy facilities.
2 Min read

Widespread Blackout Hits Sakhalin as Far East Region Races to Restore Power

The incident occurred when a broken lightning-protection cable fell onto a high-voltage transmission line early in the morning.
1 Min read

Russian Energy Minister Blames ‘Panic Buying’ for Summer Fuel Price Spike

“Messages about temporary shutdowns at some facilities also fueled panic buying and a jump in exchange prices,” Tsivilyov said.
1 Min read

United States Pressures Japan to Stop Buying Russian Oil and Gas

Treasury Secretary Scott Bessent said after a meeting with Japan's finance minister that the White House expects Japan to stop importing Russian energy...
2 Min read

Gasoline Prices in Russia Continue to Soar, Beating August Record

Experts have largely attributed the increase to an uptick in Ukrainian attacks that have damaged refineries and forced major facilities offline.
2 Min read

Russia and China Sign Deal to Advance Power of Siberia 2 Pipeline

The deal was one of four agreements struck between Russia’s state energy giant Gazprom and the China National Petroleum Corporation, Gazprom’s chief...
2 Min read

Russian Oil Supplies to Hungary and Slovakia Resume After Ukrainian Strikes

Hungarian Foreign Minister Péter Szijjártó said crude deliveries to Hungary would restart “in test mode with smaller quantities.”
1 Min read

Kazakhstan Moves Forward Alone on Power Plant Construction as Russia Faces Financing Delays

Delays in securing funding from Moscow continue to stall a $2.7 billion energy deal between the two countries.
2 Min read

Russian Workers at Turkish Nuclear Plant Report Months of Unpaid Wages

The workforce at the Akkuyu plant, one of Moscow’s most high-profile overseas energy projects, has reportedly shrunk from 12,000 to just 3,000.
2 Min read
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