Saudi Arabia

Brussels seeks to accelerate ban on Russian LNG in 19th sanctions package

The European Commission is preparing a new sanctions package including an accelerated ban on Russian liquefied natural gas, with negotiations already underway among member states.

Russia and Indonesia overtake Australia in South Korea’s thermal coal supply

Port congestion in Australia has boosted Russian and Indonesian coal exports to South Korea, with both now dominating the market due to lower prices and reliable delivery schedules.

Oil industry could unlock 1,000 billion barrels through AI recovery methods

A new analysis estimates that existing oil fields could yield up to 1,000 billion additional barrels without major new discoveries, using proven methods supported by artificial intelligence.
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Novatek redirects 70,000 tonnes of condensate to Novorossiisk after Ust-Luga incident

Russian producer Novatek rerouted part of its gas condensate output to the port of Novorossiisk, following a temporary shutdown at its Ust-Luga complex after a drone attack caused a fire.

Kazakhstan resumes crude exports via BTC after one-month technical halt

KazMunayGas has resumed oil shipments to Turkey through the Baku-Tbilisi-Ceyhan pipeline, following a stoppage due to a contamination issue resolved at the Aktau terminal.

Washington approves $130mn project to connect Moldova’s grid to Europe

The United States is funding a new high-voltage line to integrate Moldova into the European electricity market, following the cutoff of supplies from the separatist Transnistria region.
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Poland urges European Union to end Russian oil imports by 2026

Poland’s energy minister calls on European Union member states to collectively commit to halting Russian oil purchases within two years, citing increasing geopolitical risks.

Ukraine seeks $1bn to secure gas reserves ahead of winter

Despite gas stocks covering over 80% of winter needs, Kyiv must still import more to offset the impact of Russian strikes on energy infrastructure.

Brussels and Washington prepare new energy sanctions against Moscow

The European Commission and the United States plan to intensify their economic measures against Russia, targeting the energy sector and cryptocurrencies in a new sanctions package.
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Australian port congestion reshapes coal flows to South Korea

Russia and Indonesia overtook Australia as South Korea's top thermal coal suppliers in August, driven by lower prices and more reliable logistics amid persistent Australian shipment delays.

Italian judge approves extradition of Ukrainian linked to Nord Stream sabotage

A Ukrainian national arrested in Italy will be extradited to Germany, where he is suspected of coordinating the 2022 attack on the Nord Stream 1 and 2 gas pipelines in the Baltic Sea.

ACWA Power secures 800MW in Morocco with technical support from Gotion High-Tech

ACWA Power secures the NOOR Midelt 2 and 3 solar-storage project in Morocco, outbidding European and Emirati competitors, with decisive backing from Gotion High-Tech’s storage technology.
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Fifth sanctioned Russian LNG carrier docks at Beihai terminal in China

The Iris carrier, part of the Arctic LNG 2 project, docked at China’s Beihai terminal despite US and EU sanctions, signalling intensifying gas flows between Russia and China.

UK sanctions 70 tankers to reinforce Russian oil price cap

London has expanded its sanctions against Russia by blacklisting 70 new tankers, striking at the core of Moscow's energy exports and budget revenues.

Russian Arctic LNG 2 deliveries to Asia to slow this winter

The accelerated arrival of Russian cargoes in China has lowered Asian spot LNG prices, but traffic is set to slow with the seasonal closure of the Northern Sea Route.
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China–Russia: Beijing secures a gas hedge with PoS2 and LNG cargoes

Shipments of liquefied natural gas and higher pipeline flows strengthen China’s gas optionality, while testing the sanctions regime and reshaping price–volume trade-offs for the next decade.

European Union maintains 2028 deadline to end Russian gas imports

Brussels confirms its target to end all Russian energy imports by 2028, despite growing diplomatic pressure from Washington amid the ongoing conflict in Ukraine.

Kazakhstan entrusts German Nukem with oversight of its nuclear back-end

Kazakhstan has signed an agreement with Nukem Technologies Engineering Services GmbH to benefit from German expertise in nuclear decommissioning and radioactive waste management.
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European court annuls EU approval of state aid for Hungary’s Paks II nuclear project

The European Court of Justice annulled the European Commission's authorisation of Hungarian state aid for the Paks II nuclear project, questioning compliance with EU public procurement rules.

Trump links new sanctions against Moscow to halting Russian oil in NATO

Donald Trump threatens to escalate US sanctions against Russia, but only if NATO member states stop all Russian oil imports, which remain active via certain pipelines.

Moldova supports 55% pro-European votes amid Russian pressures

Re-elected with 55% of the votes, Maia Sandu embodies the pro-European choice of Moldovans. This decision, however, faces external interference and a growing energy crisis.

Ukraine Accuses Slovakia of Blocking €2 Billion Gas Transit

Ukrainian President Volodymyr Zelensky accuses Slovak Prime Minister Robert Fico of rejecting alternatives to Russian gas, jeopardizing a €2 billion annual transit agreement with the European Union.

Europe bans Russian LNG transshipments for 2025

The European Union strengthens its energy sanctions against Russia by banning natural gas liquefied (LNG) transshipments in its ports from March, as part of its efforts to eliminate Russian fossil fuels by 2027.
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OPEC+ Faces Uncertainty: Geopolitics and Oil Market Challenges in 2025

Amid geopolitical volatility and oversupply, OPEC+ must navigate critical decisions to stabilize oil prices while preserving market share against hesitant demand.

Russia warns of 200,000 tons of soil threatened after an oil spill

The sinking of two oil tankers in the Kerch Strait has caused an oil spill, threatening 200,000 tons of soil and severely impacting local coasts and ecosystems.

Drone Attack in Russia Hits Oryol Depot with 20 Devices

The fuel depot in Stalnoy Kon, Oryol region, Russia, was targeted by a drone attack involving 20 devices, intensifying tensions around strategic energy infrastructure.
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Belarus resumes 1.5 million barrels of crude oil via Druzhba pipeline

Crude oil deliveries to Belarus via the Druzhba pipeline have resumed, impacting several European countries after a disruption caused by a technical incident.

The European Union Threatened by U.S. Tariffs on 58 Million Tons of LNG

Donald Trump, the president-elect of the United States, demands increased European imports of oil and liquefied natural gas, threatening the European Union with tariffs, a move that could disrupt global energy trade.

Argentina’s Javier Milei Announces Nuclear Reactor to Meet 9% Energy Demand Growth

Argentine President Javier Milei has unveiled plans to build a modular nuclear reactor to address a 9% increase in energy demand in 2024, largely driven by the rise of artificial intelligence.
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The Global Nuclear Market Will Reach USD 44.71 Billion by 2029 Through Strategic Investments

Driven by favorable public policies and growing energy demand, the global nuclear energy market is projected to reach USD 44.71 billion by 2029, with an annual growth rate of 2.9%. Major powers are intensifying investments in the sector.

Oil and gas producers lagging on net-zero goals

A Carbon Tracker study reveals that major global oil and gas players are struggling to align their strategies with the Paris Agreement, despite increasing risks related to energy transition and regulations.

US Sanctions Prompt 33% Increase in Turkey’s LNG Imports

Sanctions against Gazprombank drive Turkey to boost LNG imports. December sees a 33% rise, highlighting a strategic move to secure energy supply for winter.
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Romania supports Moldova in facing the winter energy crisis

Amid uncertainty over Russian gas deliveries to Transnistria, Romania commits to ensuring Moldova's energy security this winter, with emergency measures for electricity and gas supplies.

The EU Targets Rosneft and 52 Russian Ships to Counter Sanctions Evasion

The European Union strengthens its sanctions against Russia by blacklisting additional ships and entities linked to Rosneft to combat evasion of the G7 price caps on Russian oil exports.

Les « shadow tankers » : un réseau clandestin qui alimente les revenus pétroliers russes et iraniens

Les « shadow tankers » : un réseau clandestin qui alimente les revenus pétroliers russes et iraniens
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Moldova declares a state of emergency to secure its energy supply

Faced with the threat of Russian gas cuts, Moldova is enacting a 60-day state of emergency to safeguard its energy security and prevent a humanitarian crisis during one of the most critical winters for its energy independence.

Bosnia Embarks on Energy Diversification with New Gas Interconnection

Under international pressure, Bosnia passes a key law to diversify its natural gas supply, reducing total dependence on Russian gas through a connection to Croatia’s LNG terminal.

The United States Prepares to Sanction the Serbian Oil Industry Controlled by Russia

Serbian President Aleksandar Vucic warns of imminent US sanctions against NIS, majority-owned by Gazprom Neft and Gazprom. A decision that could escalate geopolitical tensions in Europe.
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OMV ends its historic gas contract with Gazprom

The Austrian group OMV has terminated its long-term contract with Gazprom, ending nearly six decades of energy dependency on Russia after a series of contractual violations.

EU Adopts 15th Sanctions Package: Russian Tankers Under Pressure

The European Union strengthens sanctions against Russia by targeting new tankers involved in the transport of Russian oil and expanding its blacklist of entities supporting Moscow's military effort.