Russie

A Dragos report reveals the scale of cyber vulnerabilities in global energy infrastructures. Potential losses reach historic highs.
The Russian Ministry of Industry and Trade is announcing "Arctic configuration" wind generators to power infrastructure on the Northern Sea Route, without listing any companies at this stage, with the stated aim of technological sovereignty.

OPEC Revises Global Oil Forecasts for 2026 to 106.5 Million b/d

OPEC's August report reveals Russian production above quotas and commercial dominance in Asia, while Kazakhstan massively exceeds its reduction commitments.
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ConocoPhillips targets $5 bn in asset disposals by 2026 and announces new financial adjustments as production rises but profit declines in the second quarter of 2025.
Giant discoveries are transforming the Black Sea into an alternative to Russian gas, despite colossal technical challenges related to hydrogen sulfide and Ukrainian geopolitical tensions.

Russian oil and gas revenues fall by 27% in July 2025

Revenues generated by oil and gas in Russia recorded a significant decrease in July, putting direct pressure on the country’s budget balance according to official figures.
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Belarus offers its expertise to support the construction of Uzbekistan’s first nuclear power plant, as Tashkent accelerates its civil energy projects with new international partnerships.
A free trade agreement between Indonesia and the Eurasian Economic Union is set to be signed in December, aiming to reduce tariffs on $3 bn worth of trade and boost bilateral commerce in the coming years.

India sends top adviser to Moscow as US steps up pressure on Russian oil imports

The visit of India's national security adviser to Moscow comes as the United States threatens to raise tariffs on New Delhi due to India’s continued purchases of Russian oil.
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KazMunayGas has completed its first delivery of 85,000 tonnes of crude oil to Hungary, using maritime transport through the Croatian port of Omisalj as part of a broader export strategy to the European Union.
Nasa has launched a call for tenders for a nuclear reactor on the Moon by 2030, aiming to support American ambitions for a permanent base, despite budget uncertainties and mounting pressure from China and Russia.

OPEC+ Accelerates Production Hikes Amid Shifting Oil Market Dynamics

Eight OPEC+ countries boost output by 547,000 barrels per day in September, completing their increase program twelve months early as Chinese demand plateaus.
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New Delhi calls US sanctions unjustified and denounces double standard as Trump threatens to substantially increase tariffs.
Explosions were heard near the Zaporizhzhia nuclear power plant, still under Russian military control, raising fresh concerns over the safety of the site and the Ukrainian energy sector.

Tanzania and Russia launch a $1.2bn uranium plant in Namtumbo

Tanzania, together with Russia, is starting construction of a uranium plant in Namtumbo for $1.2bn, aiming to boost mining revenues and secure a place in the global nuclear industry.
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Faced with falling discounts on Russian oil, Indian Oil Corp is purchasing large volumes from the United States, Canada and Abu Dhabi for September, shifting its usual sourcing strategy.
The eight voluntary OPEC+ members accelerate their market return in September despite weakened global demand and record production from the Americas.

India navigates between US sanctions and Russian oil dependence

Facing US secondary sanctions threats, Indian refiners slow Russian crude purchases while exploring costly alternatives, revealing complex energy security challenges.
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A fire broke out at a Sotchi oil depot after an attack by Ukrainian drones, causing no casualties but temporarily disrupting air traffic and mobilising significant emergency resources.
Hunatom announces a strategic alliance with Synthos Green Energy to introduce US small modular reactor technology, strengthening energy ties between Hungary, Poland and the United States.
The Baltic states have announced their disconnection from the Soviet power grid by February 2025, marking a crucial step towards energy independence from Russia.
Rosatom confirms that VVER-1200 fuel maintains its main characteristics under variable load cycles, enhancing the flexibility of nuclear reactors.

Iraq acknowledges overproduction in OPEC+ and promises compensation

Iraq acknowledged that it had produced 184,000 barrels per day (b/d) above its OPEC+ quota in June, and pledged to offset this surplus by September 2025 through further production cuts.
Compensation surproduction OPEC+ Irak
The countries of the Western Balkans, rich in wind and solar resources, can do without gas for their energy transition, reveals a study by the Global Energy Monitor (GEM).
LNG regasification projects in Europe will increase capacity by 121 million tonnes/year by 2030. However, falling demand and utilization rates below 50% raise questions about the risk of overinvestment.

Russia plans to reinstate fuel export ban

Russia could reinstate the fuel export ban in August if shortages worsen, according to Deputy Prime Minister Alexander Novak.
The first shipments of Senegalese crude oil from the Sangomar project are on their way to refineries in the Netherlands and Germany, marking a new era for the Senegalese economy.
The European Commission has approved a €122 million grant to support AB Achema in decarbonizing its fertilizer production processes, in line with the objectives of the European Hydrogen Strategy and the Green Deal.

Shell strengthens its position in the LNG market with ambitious projects

Shell is stepping up investment in liquefied natural gas (LNG) to offset losses in Russia, aiming for a significant increase in volumes by 2030.
Shell investissement GNL projets 2030
The Malian military junta and Rosatom, a Russian state-owned company, have signed three cooperation agreements, including a project for a low-power nuclear power plant.
Russian defense giant Rostec has successfully tested armored plates to protect critical infrastructure from drone attacks. These innovations are designed to secure sensitive energy installations.

Germany: Essential Gas Demand Reductions for Winter 2024-2025

Germany's Initiative Energien Speichern (INES) warns that reductions in gas demand will be necessary despite high storage levels before the winter of 2024-2025.
Hiver 2024-2025 réduction demande gaz
Muroosystems Corp of Japan announces the acquisition of Nukem Technologies Engineering Services, specializing in nuclear decommissioning and waste management. This operation marks a turning point after years of geopolitical challenges.
In June, OPEC+ oil production fell to its lowest level in 11 months, with Russia and Iraq leading the declines.

Austria speeds up transition to reduce dependence on Russian gas

Austria is setting up a commission to assess the risks and opportunities of breaking its contract with Gazprom and withdrawing from Russian gas by 2027.
Transition énergétique Autriche gaz russe
India is targeting major energy deals with Rosneft and other Russian companies to boost bilateral trade to $100 billion by 2030.
Bulgargaz is claiming 400 million euros from Gazprom for cutting off deliveries in 2022, following EU sanctions against Russia.

Global hydropower rebounds from historic decline

Global hydropower is set to rise sharply in 2024, after a five-year decline, reducing the use of fossil fuels. The main producing regions, such as China, Brazil and the United States, recorded significant increases.
L'hydroélectricité mondiale rebondit après une baisse historique.
Masoud Pezeshkian, elected President of Iran, pledges to revitalize the nuclear agreement and remove economic sanctions to boost the Iranian economy.
SBM Offshore and Technip Energies announce the creation of Ekwil, a 50/50 joint venture dedicated to floating offshore wind turbines (EOF). Ekwil offers a diverse range of series-produced EOF solutions to meet the growing needs of global energy customers, combining INO15 semi-submersible and Tension Leg Platform Float4Wind technologies.
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