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Russia is approaching its crude oil production quota under the OPEC+ agreement, said Alexander Novak. However, challenges remain in meeting the reduction targets.
Russia is approaching its crude oil production quota under the OPEC+ agreement, said Alexander Novak. However, challenges remain in meeting the reduction targets.
Iraq, Russia and Kazakhstan have pledged to cut production by 2.284 million b/d by September 2025 to offset overproduction, according to OPEC. The cuts will be staggered and vary on a monthly basis.
Iraq, Russia and Kazakhstan have pledged to cut production by 2.284 million b/d by September 2025 to offset overproduction, according to OPEC. The cuts will be staggered and vary on a monthly basis.
Gazprom plans to export a record 40 billion m³ of gas to China in 2024, consolidating its position as the world's leading gas supplier.
Gazprom plans to export a record 40 billion m³ of gas to China in 2024, consolidating its position as the world's leading gas supplier.
The USA and Ukraine are jointly working on a plan to rebuild Ukraine's post-conflict energy grid, integrating secure nuclear technologies and renewable energies.
The USA and Ukraine are jointly working on a plan to rebuild Ukraine's post-conflict energy grid, integrating secure nuclear technologies and renewable energies.
EnBW is investing €1 billion in Germany's national hydrogen network to decarbonize the economy and meet climate targets by 2032.
EnBW is investing €1 billion in Germany's national hydrogen network to decarbonize the economy and meet climate targets by 2032.
Portugal plans to achieve a 93% share of renewable energies in its electricity consumption by 2030, according to an updated draft of its energy and climate plan.
Portugal plans to achieve a 93% share of renewable energies in its electricity consumption by 2030, according to an updated draft of its energy and climate plan.
Azerbaijan is negotiating with Russia to extend gas transit via Ukraine, which is essential for Austria and Slovakia, according to President Aliyev.
Azerbaijan is negotiating with Russia to extend gas transit via Ukraine, which is essential for Austria and Slovakia, according to President Aliyev.
The European Commission has opened an investigation to verify whether Belgian public support for the extension of the Doel 4 and Tihange 3 nuclear reactors complies with EU state aid rules.
The European Commission has opened an investigation to verify whether Belgian public support for the extension of the Doel 4 and Tihange 3 nuclear reactors complies with EU state aid rules.
Eni plans to launch a new FLNG facility in Congo, increasing export capacity to 4.5 billion m³ per year.
Eni plans to launch a new FLNG facility in Congo, increasing export capacity to 4.5 billion m³ per year.
Naftogaz plans to increase gas and oil production in 2024 despite threats of Russian bombing, announces CEO Oleksiy Chernyshov.
Naftogaz plans to increase gas and oil production in 2024 despite threats of Russian bombing, announces CEO Oleksiy Chernyshov.

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