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EU States Agree to End Russian Gas Imports by End of 2027

Russian gas still accounts for an estimated 13% of EU imports in 2025, worth over 15 billion euros ($15.15 billion) annually.

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...

Russia's Power of Siberia 2 Deal With China Would Take a Decade to Boost Gas Exports – Reuters

Even if a deal is finalized, construction would take at least five years and another five would be needed to reach full capacity, industry sources told...

Russia’s Arctic LNG 2 Ramps Up Output to Record Levels – Bloomberg

Average daily output in September reached 17.9 million cubic meters, about 14% higher than the previous peak in August.

EU Seeks Faster Russian Gas Phase-Out After Trump Push

Despite a push to end decades of reliance on Russian gas, around 19% of the bloc's gas still came from Russia last year.

What the Power of Siberia 2 Deal Really Means for Russia and China

Although the project has ostensibly been green-lighted, several uncertainties remain.

Gazprom Shares Tumble After Power of Siberia 2 Deal Announcement

Investors were quick to note that the deal signed in Beijing was only another memorandum of intent, not a binding supply contract.

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...

opinion Sergei Vakulenko

Can Russia Weather a Fuel Crisis Caused by Ukrainian Drone Attacks?

Damage to Russian refineries has helped send gasoline prices to multi-year highs. But the government has options to mitigate the shortages.

Russia’s Oil and Gas Revenues Plunge for Third Straight Month

The Finance Ministry now expects oil and gas revenues of just 8.32 trillion rubles ($104 billion) in 2025 — nearly a 25% cut.

Dutch Court Lifts Freeze on Gazprom’s North Sea Assets

Dutch authorities had frozen the assets as part of legal proceedings initiated by two Ukrainian asset management firms over the invasion of Ukraine.

Russia’s Natural Gas Exports to Europe Plunge to Historic Lows

With limited buyers and few alternatives, Gazprom faces mounting losses as a glut of unsold gas weighs on the Russian economy.

EU Unveils More Details of Proposed Ban on Russian Gas Imports

Unlike previous sanctions, the ban would rely on trade and energy laws to restrict Russian gas — a move designed to bypass potential opposition from...

Serbia and Gazprom Extend Low-Cost Gas Deal Through September

The extension comes as Serbia negotiates a new long-term agreement with Gazprom to replace its existing three-year contract, which was set to expire May...

Putin and Xi to Discuss Stalled Power of Siberia 2 Pipeline in Moscow – Bloomberg

Despite the revived talks, a final agreement is not expected to be signed during Xi’s visit, sources told Bloomberg.

EU Unveils Plan to End All Russian Gas Imports by 2027

EU officials admit that phasing out Russian energy is easier said than done, as some member states are more dependent on imports than others.

Russia Agrees to Begin Gas Deliveries to Iran This Year

Moscow said it will supply Tehran with up to 55 billion cubic meters of gas per year, but final details of the deal are still being worked out.

China Spikes Kremlin’s Proposed Power of Siberia 2 Alternative

The proposal envisioned the delivery of up to 45 billion cubic meters (bcm) of Russian natural gas annually to China via Kazakhstan.

Gazprom Abandons Bolivia’s Azero Project After 16 Years of Unfulfilled Promises

The failure of Gazprom’s Azero venture is more than just an economic footnote; it is a cautionary tale of geopolitical overreach and energy sector overpromising...

Russia's Oil and Gas Revenues Fall 17% Year-on-Year in March

Moscow collected approximately 230 billion rubles ($2.7 billion) less in levies, which account for one-third of its total revenue, compared to March 2024...

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