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Articles with tag "Energy"

Kazakhstan Court Clears Path for Naftogaz to Pursue Gazprom Assets Over $1.4Bln Award

This is the first public foreign court decision that allows the enforcement of this arbitration award in a separate jurisdiction, Naftogaz said.

Drone Strikes Force Central Russian Refineries to Halt or Cut Output – Reuters

The combined annual capacity of refineries that have either fully halted or significantly reduced operations is nearly one-quarter of Russia’s total...
2 Min read

EU Imports of Russian LNG Surge to Highest Level Since Ukraine Invasion

Several EU countries, including Belgium, France and Spain, have continued to purchase Russian LNG transported by sea tankers since 2022.

2 Min read

Russia’s Oil Export Revenue Saw Continued Growth in April, IEA Says

Revenue from crude and petroleum shipments rose to $19.18 billion, a modest increase of $180 million from the $19 billion recorded in March.
2 Min read

Russia’s Oil and Gas Revenues Miss Expectations Despite Higher Crude Prices

Oil and gas revenues reached 2.3 trillion rubles ($30.82 billion) over the first four months of the year, down 38.3% year-on-year.
3 Min read

Kazakhstan Says It Will End Russian Electricity Imports by 2027

Russia’s electricity exports have already been hit by the loss of the Chinese market amid power shortages in Russia’s Far East and growing competition...
2 Min read
News Analysis

For Russia’s Ailing Coal Sector, Not Even the Middle East Crisis Can Bring Relief

Russian and Western analysts say the crisis may instead accelerate Asia’s shift toward alternative energy sources.
5 Min read

FM Lavrov Pledges Energy Support to China After Meeting With Xi

Sergei Lavrov told the Chinese president that bilateral ties play a “stabilizing role in world affairs” amid global “chaos and turmoil.”
2 Min read

Russia’s Oil Export Revenue Surged in March, IEA Says

Revenue from crude and petroleum shipments rose to $19 billion, a sharp reversal from February, when revenues hit a post-invasion low.
2 Min read

Kazakhstan Drops Russian Partners in Power Plant Projects

Astana will instead proceed with domestic and alternative partners after failing to secure financing from Moscow.
2 Min read

Russia Faces Fuel Production Crunch After Ukraine Hits Baltic Export Hubs – Reuters

The disruption has hit Ust-Luga comes as refiners face mounting difficulties shipping fuel oil, a product with little domestic demand that must be exported...
2 Min read

Russia’s Coal Sector Losses Set to Deepen as Government Winds Down Tax Relief

The number of loss-making coal companies is “rapidly increasing,” with 62 enterprises now in the red, Deputy Energy Minister Dmitry Islamov said.
2 Min read

Russian Energy Minister Confirms Oil Shipments to Cuba

“We are sending humanitarian aid. We are providing humanitarian support,” Energy Minister Sergei Tsivilev told reporters.
2 Min read

Moldova Accuses Russia of Damaging Key Power Line Connecting It With Romania

The Moldovan government said overnight Russian strikes on southern Ukraine caused damage to the Issacea-Vulcanesti power line.
1 Min read

Russia, Vietnam Advance Plans for First Nuclear Power Plant

Vietnam is seeking to shore up its fuel reserves at a time of disruption to energy supplies caused by the war in the Middle East.
2 Min read

Putin Urges Oil and Gas Companies to Use Iran War Windfall to Pay Off Bank Loans

The surge in oil prices is generating as much as $150 million in additional revenue for Russia’s state budget each day, according to estimates by the...
1 Min read

Vietnam, Russia to Sign Energy Deal as PM Leaves for Moscow

Vietnam's prime minister left for an official visit to Russia during which the two nations will sign several agreements.
2 Min read

Kremlin Slams ‘Irresponsible’ Ukrainian Drone Attacks on TurkStream and Blue Stream Compressor Stations

Gazprom said the Russian military intercepted 26 Ukrainian drones targeting its energy sites in the Krasnodar region this week.
2 Min read

South Korea Joins East Asian Countries Weighing Russian Oil Purchases

South Korean President Lee Jae Myung said “urgent efforts are needed” to secure alternative crude supplies amid the Mideast war.
2 Min read

Russia Sends Oil and Gas Tankers to Crisis-Hit Cuba, Defying U.S. Blockade – FT

The ships, if they arrive, would be providing the Caribbean island nation with its first energy shipments in three months.
2 Min read
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