Ukraine

Russia taps into Tajikistan’s rivers and cotton for joint ventures

Moscow strengthens industrial joint ventures with Tajikistan by leveraging hydropower, agriculture, and mining in a strategy based on mutual interest and economic complementarity.

Croatia targets Russian stake in NIS to maintain oil flows

JANAF is interested in acquiring a 20 to 25% stake in NIS, as the Russian-owned share is now subject to US sanctions.

Australia loses Asian markets for seaborne thermal coal

Falling Chinese imports and Asia’s regional pivot increase pressure on Australian thermal coal exporters.
en_1140121037540

Rosatom begins excavation for small modular reactor project in Uzbekistan

The construction of Uzbekistan’s first small modular reactor (SMR) is underway, with 1.5mn m³ of earth being excavated in Jizzakh, marking a major milestone for the nuclear project led by Rosatom.

US sanctions hit NIS, a key player in Serbia’s oil market

Serbian oil company NIS, partially owned by Gazprom, faces newly enforced US sanctions after a nine-month reprieve, testing the country's fuel supply chain.

Russia increases oil production and nears OPEC+ quota

Russian oil output moved closer to its OPEC+ allocation in September, with a steady rise confirmed by Deputy Prime Minister Alexander Novak.
en_114081032540

Russia formally exits bilateral nuclear agreement with the United States

The State Duma has approved Russia’s formal withdrawal from a treaty signed with the United States on the elimination of military-grade plutonium, ending over two decades of strategic nuclear cooperation.

Oil rises 1.3% after limited OPEC+ output increase

Crude prices rose following the decision by the Organization of the Petroleum Exporting Countries and its allies to increase production only marginally in November, despite ongoing signs of oversupply.

Ukraine plans to increase gas imports by 30% after Russian strikes

The Ukrainian government is preparing to raise natural gas imports by 30% to offset damage to its energy infrastructure and ensure supply continuity during the winter season.
en_114071079540

Belarus quadruples fuel exports to Russia in September

Rail shipments of Belarusian gasoline to Russia surged in September as Moscow sought to offset fuel shortages caused by Ukrainian attacks on its energy infrastructure.

Tusk refuses to hand over Ukrainian suspect to Germany over Nord Stream sabotage

Polish Prime Minister Donald Tusk said it was not in Poland’s interest to extradite to Germany a Ukrainian citizen suspected of taking part in the explosions that damaged the Nord Stream gas pipelines in 2022.

Denmark strengthens maritime controls at Skagen Strait amid Russian shadow fleet activity

Denmark is intensifying inspections of ships passing through Skagen, a strategic point linking the North Sea and the Baltic Sea, to counter the risks posed by the Russian shadow fleet transporting sanctioned oil.
en_114071059540

China opts for quarterly thermal coal contracts with Indonesia for 2026

Chinese buyers begin negotiations for 2026 thermal coal deliveries, favouring shorter contracts to maintain flexibility in a stable price environment.

Ukrainian strike cuts power to 5,400 homes in Belgorod region

A night-time attack on Belgorod’s power grid left thousands without electricity, according to Russian local authorities, despite partial service restoration the following morning.

Ukrainian suspected in Nord Stream sabotage faces possible extradition

Polish authorities have 40 days to decide on the extradition of a Ukrainian accused of participating in the 2022 sabotage of the Nord Stream pipelines in the Baltic Sea.
en_114061030540

Opec+ raises production by 137,000 barrels per day in November

Opec+ slightly adjusts its quotas for November, continuing its market share recovery strategy amid stagnant global demand and a pressured market.

OPEC+ prepares new production hike amid rift between Riyadh and Moscow

Eight OPEC+ countries are set to increase oil output from November, as Saudi Arabia and Russia debate the scale of the hike amid rising competition for market share.

Hungary secures 10-year LNG contract with Engie through 2038

Hungary has signed a ten-year agreement with Engie for the annual import of 400 mn m³ of liquefied natural gas starting in 2028, reinforcing its energy diversification strategy despite its ongoing reliance on Russian gas.
en_114051050540

Ukrainian suspected in Nord Stream sabotage held in Poland

Wanted by Germany for his alleged role in the 2022 sabotage of the Nord Stream pipelines, a Ukrainian has been arrested in Poland and placed in provisional detention pending possible extradition.

China could supply gasoline to Russia if Moscow removes import duties

The potential removal by Moscow of duties on Chinese gasoline revives export prospects and could tighten regional supply, while Singapore and South Korea remain on the sidelines.

China Hits Record Coal Imports in 2024

In September 2024, China imported a record volume of coal, driven by the decline in international prices and growing domestic demand, particularly in electricity production and the chemical industry.

India Diversifies Its Crude Oil Imports with Brazil

India Intensifies Efforts to Increase Crude Oil Purchases from Brazil Despite Competition from Discounted Russian Oil and Logistical Challenges Related to Maritime Transport

Turkey Facing the Expiration of Major Gas Contracts in 2025-2026

Turkey Facing the Expiration of Major Gas Contracts in 2025-2026
en_1140660896540

Hiroshima Gas builds two LPG tanks for lean LNG

Hiroshima Gas builds two LPG tanks for lean LNG

Cyberattacks: Fortum Faces Increasing Threats to Its Infrastructures in Finland and Sweden

Fortum, a major player in the Finnish energy sector, is confronting a surge of cyberattacks and suspicious surveillance activities around its facilities in Finland and Sweden, likely orchestrated by Russian actors, heightening geopolitical tensions in the region.

Russia: the GTD-110M inaugurates a new era for technological independence

Russia has unveiled its first domestic gas turbine, the GTD-110M, at the Udarnaya power plant. This development, intended to replace Western technologies, marks a crucial step towards its energy independence.
en_1140660798540

Hungary Sees TurkStream as Vital Alternative Amidst Ukraine Gas Transit Uncertainty

Hungary Sees TurkStream as Vital Alternative Amidst Ukraine Gas Transit Uncertainty

Orano Faces EU Uncertainty on Russian Nuclear Imports

The uncertainty of the European Union's policy on Russian nuclear fuel imports is strongly affecting Orano's investments and the sector, threatening Europe's energy security.

Breakup of Gas Transit via Ukraine: Stakes and Consequences for Europe and Russia

The expiration of the gas transit agreement between Russia and Ukraine highlights the energy and economic challenges for the European Union, Russia, and Ukraine, exacerbating Europe's dependence on Russian gas and geopolitical tensions.
en_1140770767540

Russia Deems It Premature to Increase Oil Production in December

The Russian Deputy Prime Minister announces that the decision to increase oil production by OPEC+ in December remains uncertain, due to market fluctuations and global demand.

Tengiz Achieves Record Production, Kazakhstan Faces Dilemma with OPEC+

The Tengiz oil field in Kazakhstan, operated by Chevron, sets a production record in October, escalating the country's tensions with OPEC+ over production quota compliance.

Moscow Refuses to Replace Gas Transit via Ukraine with Azerbaijan

Moscow has confirmed that no negotiations are underway with Baku to use Russian infrastructure to transport Azerbaijani gas to Europe, thus replacing Russian gas transiting through Ukraine.
en_1140770769540

Russian Gas Flows via Ukraine in September Reach 1.26 Billion m³, According to AGPU

Russian gas deliveries via Ukraine reached 1.26 billion cubic meters in September, representing 39% of the contractual volume. The transit agreement between Russia and Ukraine will expire at the end of the year, raising concerns about European supply.

The demand for natural gas in the United States reaches a new peak in 2024, despite decarbonization ambitions

Natural gas consumption in the United States increased by nearly 5% over the first nine months of 2024, despite federal initiatives to promote renewable energy, reinforcing the country's key role in the global energy sector.

ITER Director Insists Fusion Project “Must Continue” Despite Challenges

ITER Director Insists Fusion Project "Must Continue" Despite Challenges
en_1140770747540

Increase in Russian Coal Exports to India Amid Western Sanctions

Russia intensifies its coal sales to India to meet growing energy demand, despite Western sanctions impacting its other energy exports.

Europe strengthens its winter gas preparedness despite the Ukraine-Russia agreement

Europe makes significant progress in securing its gas supplies for winter, even with the imminent end of the gas transit agreement between Ukraine and Russia.

Ukraine claims to have targeted the largest oil terminal in Crimea

The Ukrainian army claims to have struck the main oil terminal in Crimea, causing a fire. This attack is part of a series of actions aimed at disrupting the logistics of Russian forces controlling part of Ukraine.
en_1140770716540

Russia: Shell targeted by a lawsuit over its activities in Sakhalin

Russia has filed a lawsuit against several Shell entities for energy projects on Sakhalin Island. This initiative could reflect an attempt to consolidate national resources after the company’s withdrawal in 2022.

OPEC+ and the Potential Iranian Oil Shock: Geopolitical Capacities and Vulnerabilities

The escalation of tensions between Israel and Iran threatens the stability of the global oil market. OPEC+ must assess its capacities in the face of a possible supply shock.