Ukraine

Russia plans to ship 2.1 million barrels per day from its western ports in September, revising exports upward amid lower domestic demand following drone attacks on key refineries.
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.

Two sanctioned Russian LNG carriers deliver to China despite restrictions

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.
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Eight OPEC+ members will meet to adjust their quotas as forecasts point to a global surplus of 3 million barrels per day by year-end.
Greek shipping companies are gradually withdrawing from transporting Russian crude as the European Union tightens compliance conditions on price caps.

Zelensky urges Slovakia to stop buying Russian oil via Druzhba pipeline

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.
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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.

Russia targets 30 million tons of coal transported via Pacific Railway by 2026

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.
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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.

T Plus to maintain electricity production at 57.6 TWh in 2025

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.
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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.

Moscow and Bratislava discuss the Ukrainian conflict and energy cooperation

Vladimir Putin and Robert Fico met in China to address the war in Ukraine, regional security and energy relations between Russia and Slovakia.
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Saudi and Iraqi exporters halted supplies to Nayara Energy, forcing the Rosneft-controlled Indian refiner to rely solely on Russian crude in August.
Russian nuclear group Rosatom has confirmed advanced discussions with India and Turkey to launch new power plants, including advanced and floating reactor technologies.

Hungary launches pipeline with Serbia despite regional supply tensions

Budapest plans to complete a new oil link with Belgrade by 2027, despite risks of dependency on Russian flows amid ongoing strikes on infrastructure.
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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.
European citizens are voting in June against a backdrop of multiple crises, high inflation and war, calling climate policies into question and encouraging a shift to the right.
François Hollande suggests suspending deliveries of Russian liquefied natural gas (LNG) to Europe to limit Moscow's ability to finance the war in Ukraine, at a time when the EU is considering new sanctions.

Sweden boosts its energy support to Ukraine with 57 million euros

Sweden announces a €57 million energy aid plan to support Ukraine, strengthening its resilience in the face of Russian attacks targeting critical infrastructure.
Soutien Énergétique Ukraine Suède
The Krapivinskaya hydropower plant, an unfinished Soviet project, is the subject of controversy as Russia plans to revive it to diversify the economy of the Kemerovo region.
During an official visit to Uzbekistan, Vladimir Putin announces an increase in Russian gas deliveries, strengthening energy ties between Moscow and Tashkent.

Iran exceeds IAEA Uranium enrichment limit by 30 times

Iran's shocking discovery that it has exceeded the IAEA's uranium enrichment limit by 30 times has sparked a wave of international concern. The absence of discussions following the death of Iran's leaders only aggravates the situation, leaving the growing threat of this uncontrolled nuclear program.
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Mali has inaugurated work on a 200 MW solar power plant in Sanankoroba, in partnership with Russia, aimed at boosting national electricity production.
Global LNG markets could find themselves in a delicate balance due to a potential slowdown in US projects and growing demand in Asia.

Russia: a dark LNG fleet to circumvent Western sanctions

Russia could develop a "dark LNG fleet" to transport natural gas in the face of Western sanctions, according to Flex LNG.
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Belgium adopts new quality standards to suspend the export of low-quality fuels to West Africa, bringing its standards into line with those of the European Union. The new standards will limit sulfur content to 50ppm, benzene to 1% and manganese to 2mg/liter.
Belarus ratifies amendments to the nuclear agreement with Russia, extending equipment warranties and regulating nuclear fuel prices to strengthen energy cooperation.

Congressional investigation into oil company collusion

The US Congress, through Democratic Representative Frank Pallone, has launched an investigation into possible collusion between oil companies to manipulate gas prices, highlighting potentially anti-competitive practices and their impact on consumers.
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In the United States, the law banning Russian uranium imports signed by President Joe Biden will come into force on August 11, with possible exemptions to maintain national energy security.
Reducing Russia's dependence on fossil fuels is driving the EU to explore low-carbon hydrogen sources, with a potential role for nuclear power.

Russia: drone attacks disrupt Russian refineries

Ukrainian drone attacks disrupt Russian refineries, severely affecting the country's oil production capacity and exports.
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Uganda hosts an IAEA mission to assess and improve its uranium production infrastructure with a view to developing its nuclear capacity.
Key components for the Tianwan 7 and 8 reactors, including a VVER-1200 reactor, have been shipped from Russia to China, marking a crucial milestone in the plant's expansion.

Energoatom and Hyundai accelerate nuclear development in Ukraine

Energoatom and Hyundai Engineering have signed a crucial agreement for nuclear expansion in Ukraine, promising new global standards in the country's energy industry.
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By banning imports of Russian uranium, the United States is marking a decisive turning point for its security and climate objectives.
President Biden signed into law HR 1042 banning Russian uranium imports until 2040, marking a turning point for national energy security.