OPEC+ begins a new phase of gradual production increases, starting to lift 1.65 million barrels/day of voluntary cuts after the early conclusion of a 2.2 million barrels/day phaseout.
The Voskhod and Zarya vessels, targeted by Western sanctions, departed China’s Beihai terminal after potentially offloading liquefied natural gas from the Arctic LNG 2 project.
The Ukrainian president demanded that Slovakia end its imports of Russian crude, offering an alternative supply solution amid ongoing war and growing diplomatic tensions over the Druzhba pipeline.
A key station on the Stalnoy Kon pipeline, essential for transporting petroleum products between Belarus and Russia, was targeted in a drone strike carried out by Ukrainian forces in Bryansk Oblast.
Rosneft Germany announces the resumption of oil deliveries to the PCK refinery, following repairs to the Druzhba pipeline hit by a drone strike in Russia that disrupted Kazakh supply.
The new Russian railway line linking the Elga mine to the Sea of Okhotsk port will reach full capacity in 2026, after an operational testing phase scheduled for 2025.
India increased its purchases of Russian oil and petroleum products by 15% over six months, despite new US trade sanctions targeting these transactions.
Gazprom and China National Petroleum Corporation have signed a binding memorandum to build the Power of Siberia 2 pipeline, set to deliver 50 bcm of Russian gas per year to China via Mongolia.
Russian group T Plus plans to stabilise its electricity output at 57.6 TWh in 2025, despite a decline recorded in the first half of the year, according to Chief Executive Officer Pavel Snikkars.
Indonesia will finalise a free trade agreement with the Eurasian Economic Union by year-end, paving the way for expanded energy projects with Russia, including refining and natural gas.
During a meeting in Beijing, Vladimir Putin called on Slovakia to suspend its energy deliveries to Ukraine, citing Ukrainian strikes on Russian energy infrastructure as justification.
Russian nuclear group Rosatom has confirmed advanced discussions with India and Turkey to launch new power plants, including advanced and floating reactor technologies.
Hungary has imported over 5 billion cubic metres of Russian natural gas since January via TurkStream, under its long-term agreements with Gazprom, thereby supporting its national energy infrastructure.
Slovak Prime Minister Robert Fico plans to meet Vladimir Putin in Beijing before receiving Volodymyr Zelensky in Bratislava, marking a diplomatic shift in his relations with Moscow and Kyiv.
Siemens Energy has signed an agreement with Rolls-Royce to supply equipment for its modular nuclear reactors. The deal, which could be finalised by the end of 2025, includes steam turbines and generators.
European gas prices reach their lowest level in two months, supported by progress in Ukraine negotiations and slight improvement in gas reserves. The Dutch TTF futures contract falls 3.37% to €42.80.
France has been negotiating with Ukraine since October to secure access to strategic raw materials necessary for its defence industry. This move is part of a broader strategy to diversify supply sources.
Czech energy group CEZ has won an arbitration case against Russian company Gazprom, securing more than one billion crowns in damages for reduced gas deliveries in 2022.
Uniper recorded adjusted EBITDA of €2.61 billion in 2024, significantly down from the previous year. The company has reduced its business risks, notably by terminating its gas supply contracts with Gazprom Export, and plans to make a €2.6 billion payment to the German state.
According to Wood Mackenzie's forecast, the average Brent crude price in 2025 will be $73/barrel, influenced by complex geopolitical and economic factors, including the war in Ukraine and sanctions against Iran.
The European Commission announces a support plan to strengthen Ukraine’s energy security and fully integrate its electricity and gas markets with the European Union by 2027, in cooperation with Moldova.
The full assessment of costs and timeline for the construction of six EPR2 reactors by EDF has been delayed by several months, according to a source close to the electricity provider.
The Russian public company Rosatom begins talks with Egypt to explore joint projects in quantum technology, with concrete proposals in several high-tech sectors.
A drone attack on the Caspian Pipeline Consortium (CPC) threatens to disrupt Kazakhstan's oil exports. Vladimir Putin urges foreign partners, including Chevron, to fund the necessary repairs.
France’s imports of liquefied natural gas (LNG) from Russia surged by 81% between 2023 and 2024, reaching €2.68 billion. With its extensive port infrastructure, France has become the primary entry point for Russian LNG into Europe, marking a shift in the market landscape.
The Director of the International Atomic Energy Agency (IAEA), Rafael Grossi, visited Fukushima to oversee the soil decontamination efforts and the decommissioning of the nuclear plant. This visit comes as Japan intensifies its efforts to manage radioactive waste and increase the transparency of its nuclear program.
An agreement was signed in February 2025 between Kazakhstan and Hungary to enhance oil exports from Kazakhstan via the Druzhba pipeline. This development could change the energy dynamics in Central Europe.
Europe's energy transition is driving a structural transformation of the electricity grid, exposing the market to new vulnerabilities. A study by Compass Lexecon highlights three strategic levers to ensure supply stability amid geopolitical pressures and market volatility.
A drone strike in Russia has forced the shutdown of a key pumping station on the Caspian Pipeline Consortium (CPC) pipeline, temporarily reducing its capacity to transport Kazakh oil to Europe. The incident comes amid heightened diplomatic tensions surrounding the Ukraine conflict.
Newcleo has started the land acquisition process for its LFR-AS-30 small modular reactor in western France. The Italian company continues its regulatory procedures and plans to commission its first reactor in France by 2031.
The International Energy Agency (IEA) forecasts an increase of 1.1 million barrels per day (mb/d) in 2025, driven by consumption in non-OECD countries. Global production is expected to follow an upward trend despite recent declines and market tensions.
The attack of an explosive drone on the Chernobyl confinement arch raises questions about the security of critical infrastructure. The incident, confirmed by the IAEA, could have repercussions on energy markets and the management of nuclear assets.
