Russie

Investors hold 28.9 million EUAs net long as of August 8, four-month record level. Prices stable around 71 euros despite divergent fundamentals.
A Dragos report reveals the scale of cyber vulnerabilities in global energy infrastructures. Potential losses reach historic highs.

Moscow develops Arctic turbines for the Northern Sea Route

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.
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OPEC's August report reveals Russian production above quotas and commercial dominance in Asia, while Kazakhstan massively exceeds its reduction commitments.
The Canadian government adopts a new dynamic cap of $47.60 per barrel for Russian oil, aligning its position with that of the European Union and the United Kingdom.

The Black Sea Defies Financial Obstacles to Become Europe’s Gas Hub

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.
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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.
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.

Indonesia finalises free trade agreement with Eurasian Economic Union for December

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.
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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.
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.

The United States speeds up lunar nuclear reactor project amid international competition

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.
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Eight OPEC+ countries boost output by 547,000 barrels per day in September, completing their increase program twelve months early as Chinese demand plateaus.
New Delhi calls US sanctions unjustified and denounces double standard as Trump threatens to substantially increase tariffs.

Explosions near Zaporizhzhia nuclear power plant rekindle security concerns

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.
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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.
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.

OPEC+ increases production by 547,000 barrels as non-OPEC supply explodes

The eight voluntary OPEC+ members accelerate their market return in September despite weakened global demand and record production from the Americas.
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Facing US secondary sanctions threats, Indian refiners slow Russian crude purchases while exploring costly alternatives, revealing complex energy security challenges.
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.
Washington and London impose historic sanctions on the Russian energy sector, targeting Gazprom Neft and a fleet of 200 ships. Moscow accuses the U.S. of global destabilization, while Biden defends the strategic impact.
With 124 billion m³ of gas produced in 2024, Norway consolidates its position as Europe’s primary supplier, replacing Russia in a tense geopolitical context.

Shell anticipates a decline in gas performance in Q4 2024

The British energy giant Shell expects disappointing results in its gas division for Q4 2024 due to expiring hedging contracts and reduced production.
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Russia has suspended gas deliveries to the pro-Russian separatist region of Transnistria, intensifying energy and political tensions in Moldova. The European Union denounces a maneuver aimed at destabilizing the region.
Moldova and Gazprom are at odds over a debt estimated between $9 million and $700 million, exacerbating Transnistria's energy crisis. The separatist region faces the risk of total power outages in the midst of winter.

Russia Faces a 9,200-Ton Oil Spill in Sevastopol

The sinking of two Russian oil tankers caused an unprecedented 9,200-ton oil spill impacting the Kerch Strait and Sevastopol. This crisis highlights significant technological challenges and geopolitical tensions in the region.
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The end of Russian gas supplies via Ukraine plunges Transnistria, Moldova's separatist region, into a severe energy crisis, leading to power cuts for its residents and increasing tensions with Chisinau.
The oil spill in the Kerch Strait caused by the shipwreck of two Russian tankers has contaminated 73,000 tons of sand, raising concerns about the costs and environmental impact in Russia and Crimea.

Slovakia: Strong Gas Reserves in the Face of the End of Russian Transit

Slovakia claims readiness for the halt of Russian gas transit via Ukraine in 2025, despite financial costs and impacts on European markets. Reserves and alternatives ensure national energy security.
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The interruption of Russian gas transit through Ukraine affects 14 billion cubic meters annually, triggering major political and economic consequences for Eastern Europe.
After years of focusing on renewable energy, the European Union is channeling resources into developing small modular reactors (SMRs) and strengthening its nuclear infrastructure.

Europe: a surplus of regasification capacity in 2024

The rapid increase in regasification capacities in Europe exceeds actual LNG imports in 2024.
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Gazprom suspends gas deliveries to Moldova starting January 1, citing a $700 million debt dispute. This interruption, in the midst of political tensions, underscores the country's energy dependency.
The halt of Russian gas transit through Ukraine threatens energy supplies in Eastern Europe. Slovakia could face a €150 million cost increase, amplifying political and economic tensions.

Ukraine Receives Its First Shipment of American LNG

Ukraine, in its quest for energy independence from Russia, has received its first shipment of liquefied natural gas (LNG) from the United States. This marks a significant milestone in securing its energy supply.
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Russia faces a major oil spill in the Kerch Strait. With 30,000 tons of soil already collected, criticisms are growing regarding the management and measures taken to mitigate the impacts.
Re-elected with 55% of the votes, Maia Sandu embodies the pro-European choice of Moldovans. This decision, however, faces external interference and a growing energy crisis.

Ukraine Accuses Slovakia of Blocking €2 Billion Gas Transit

Ukrainian President Volodymyr Zelensky accuses Slovak Prime Minister Robert Fico of rejecting alternatives to Russian gas, jeopardizing a €2 billion annual transit agreement with the European Union.
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The sinking of two oil tankers in the Kerch Strait has caused an oil spill, threatening 200,000 tons of soil and severely impacting local coasts and ecosystems.
The fuel depot in Stalnoy Kon, Oryol region, Russia, was targeted by a drone attack involving 20 devices, intensifying tensions around strategic energy infrastructure.
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