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Governments extend their stockpiles to cover 98 % of global oil

The Global Energy Policies Hub shows that strategic reserves, gas obligations, cybersecurity and critical-mineral policies are expanding rapidly, lifting oil coverage to 98 % of world imports.

Serbia seeks new US sanctions waiver for NIS amid geopolitical tensions with Russia

Belgrade is engaged in complex negotiations with Washington to obtain a fifth extension of sanctions relief for the Serbian oil company NIS, which is majority-owned by Russian groups.

Terna and NPC Ukrenergo sign strategic agreement for European energy integration

Terna and NPC Ukrenergo have concluded a three-year partnership in Rome aimed at strengthening the integration of the Ukrainian grid into the pan-European system, with an in-depth exchange of technological and regulatory expertise.
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European Union finalises agreement to lower Russian oil price cap

European Union ambassadors are close to reaching an agreement on a new sanctions package aimed at reducing the Russian oil price cap, with measures impacting several energy and financial sectors.

Ukraine: Energoatom signs major agreements with Westinghouse and Holtec

Energoatom signed strategic agreements with Westinghouse and Holtec at the Ukraine Recovery Conference, aiming to establish nuclear fuel production and small modular reactor capabilities in the country.

Iran Relaunches Nuclear Dialogue to Negotiate with the United States, Russia Supports a No-Enrichment Deal

Tehran agrees to reopen its nuclear facilities to the IAEA, aiming to resume negotiations with Washington, while Moscow pushes for a “zero enrichment” agreement without getting involved in supervision.
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The European Union commits EUR2.3bn to accelerate Ukraine’s energy reconstruction

The European Commission is launching a special fund of EUR2.3bn ($2.5bn) to boost Ukraine’s reconstruction and attract private capital to the energy and infrastructure sectors.

Slovakia targets European agreement on end of Russian gas and sanctions by Tuesday

The Slovak government is seeking guarantees from the European Union to secure its supplies as talks continue over ending Russian gas and adopting a new round of sanctions.

Tatneft Accelerates TANECO’s Transformation with a New Hydrocracking Unit

Commissioning of a 1.2-million-ton hydrocracking unit at the TANECO site confirms the industrial expansion of the complex and its ability to diversify refined fuel production.
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Solar energy becomes EU’s leading electricity source in June 2025

Solar energy reached a record share of 22.1% in the European electricity mix in June 2025, becoming for the first time the main source of electricity in the European Union, according to a report by think tank Ember.

EU imposes secrecy on national strategies for Russian gas phase-out

European Union member states have requested to keep their national strategies for phasing out Russian gas by 2027 confidential, citing security concerns and market disruption risks, according to a document revealed by Reuters.

Three researchers win the 2025 Global Energy Prize for technological advances

Three scientists from China, the United States and Russia are laureates of the 2025 Global Energy Prize, honoured for their work on high-voltage power lines, fuel-cell catalysts and pulsed energy technologies.
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Turkey plans to start gas supplies to Syria soon, says energy minister

Turkey has connected its gas grid to Syria’s and plans to begin supplying gas for power generation in the coming weeks, according to Turkish Energy Minister Alparslan Bayraktar.

Egypt: Supplementary agreements signed for the El Dabaa nuclear power plant

Egyptian President Abdel Fattah al-Sisi oversaw the signing of new agreements for the construction of the El Dabaa nuclear power plant, thus strengthening the strategic cooperation between Egypt and Russia.

Empty reservoir explodes at Lukoil-Perm facility: no casualties reported

An empty reservoir exploded at a Lukoil-Perm oil facility in Russia, causing no injuries according to initial assessments pointing to a chemical reaction with oxygen as the cause of the accident.
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Naftogaz Launches New Gas Well Despite Declining Production

Naftogaz announces the launch of a natural gas well with a daily output of 383,000 cubic meters, amid a sharp decline in Ukrainian production following several military strikes on its strategic facilities.

EBRD Lends €400 Million to Moldova to Secure Energy Supply

The European Bank for Reconstruction and Development lends €400 million to JSC Energocom to diversify Moldova's gas and electricity supply, historically dependent on Russian imports via Ukraine.

Sonatrach and ENI Seal $1.35 Billion Contract in Algeria

Sonatrach and ENI have signed a $1.35 billion production-sharing agreement aiming to extract 415 million barrels of hydrocarbons in Algeria's Berkine basin, strengthening energy ties between Algiers and Rome.
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Russia-Saudi Arabia trade increases by 60% to USD 3.8 billion

Trade between Russia and Saudi Arabia grew by over 60% in 2024 to surpass USD 3.8 billion, according to Russian Minister of Industry and Trade Anton Alikhanov, who outlined new avenues for industrial cooperation.

Floating nuclear power plants evaluated to supply Mediterranean regions

The American Bureau of Shipping and two nuclear sector companies are studying the potential deployment of floating nuclear power plants to meet the energy needs of island and coastal regions in the Mediterranean, notably via electricity and desalination.
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Wood Mackenzie: The return of Russian gas threatens the balance of the US LNG market

A lasting peace in Ukraine could revive Russian exports to Europe and weigh on the future of liquefied natural gas projects in the United States.

Russia continues strikes on Ukrainian energy infrastructure

The French and British governments denounce ongoing Russian attacks on Ukrainian energy facilities, despite ceasefire discussions backed by the United States.

Russia imposes €903 million in damages for Black Sea oil spill

Russian authorities are demanding €903 million from the owners of two tankers that ran aground in the Black Sea following an oil spill linked to unauthorised winter navigation.
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Bulgaria launches work on “The Vertical” gas corridor

Bulgaria will begin expanding its gas network in the coming weeks, a cornerstone of the "The Vertical" project aimed at strengthening regional energy security following the halt of Russian transit through Ukraine.

Berlin rules out any restart of Nord Stream 2 pipeline despite Russian speculation

German Foreign Minister Annalena Baerbock ruled out any possibility of reactivating the Nord Stream 2 pipeline, shut down since 2022, despite discussions mentioned by Russia and growing pressure on energy supply.

U.S. Sanctions: Imminent Revival of Russian LNG Exports

The potential lifting of U.S. sanctions on the Arctic LNG 2 project paves the way for a rapid resumption of Russian liquefied natural gas exports, significantly impacting global markets from the third quarter of 2025.
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Ukraine and Russia halt strikes on energy infrastructure since 25 March

No attacks on energy installations have been reported since a partial agreement announced by the United States, marking a pause in hostilities targeting critical infrastructure.

Hungary strengthens energy cooperation with Russia despite war in Ukraine

Hungary’s Foreign Minister travelled to Moscow for talks with Russian authorities on energy security, reinforcing a strategic energy partnership already bolstered by record gas and oil deliveries in 2024.

TotalEnergies sues Yannick Jadot for defamation over accusations linked to Russian operations

Senator Yannick Jadot appears in court in Paris for defamation after accusing TotalEnergies of being “an accomplice to war crimes” due to its presence in Russia in 2022.
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Slovakia: Fico slowed by technical hurdles in gas swap deal with Azerbaijan

Slovak Prime Minister Robert Fico acknowledged on 20 March significant technical difficulties obstructing a proposed gas swap deal with Azerbaijan, while reaffirming the urgency of restoring Russian gas transit through Ukraine.

Carbon prices rise in the UK and EU, driven by gas and ETS linkage talks

British and European carbon markets extended gains, boosted by geopolitical tensions and prospects of aligning emissions trading systems.

Zelensky: Between Europe and the United States, the Crucial Choice for Ukraine’s Geopolitical Future

Amidst war and geopolitical uncertainty, Ukraine must choose between European influence and the strategic promises of the United States, a choice that could redefine its economic and security future, particularly in terms of natural resources.
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Trump and Putin plan talks on sharing rare earth resources in Ukraine

Donald Trump and Vladimir Putin are set to discuss the sharing of rare earth resources in Ukraine on Tuesday, including energy production plants and territories rich in raw materials. These resources are at the heart of the ceasefire negotiations.

TotalEnergies vs NGOs: Frequent Accusations, Rarely Convicted

TotalEnergies faces multiple lawsuits initiated by international NGOs over environmental and social issues related to its global projects. While several cases remain ongoing, the majority have been dismissed or dropped by the courts, questioning their legitimacy.

Mining Agreement Between Ukraine and the United States: Challenges and Prospects

Ukraine and the United States have signed a framework agreement aimed at jointly exploiting Ukraine’s mineral resources, including rare earth elements, oil, and natural gas. The agreement comes amid the ongoing war with Russia and seeks to strengthen economic cooperation between the two nations.
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Orano signs contract with Energoatom for uranium enrichment

French group Orano has signed an agreement with Energoatom to provide uranium enrichment services until 2040. This collaboration aims to reduce Ukraine's reliance on Rosatom, the Russian nuclear giant.

Russia accuses Ukraine again of attacking the TurkStream pipeline

Russia has once again accused Ukraine of attacking the TurkStream pipeline with drones, marking the second attack in two months aimed at disrupting Russian gas deliveries to Europe.

European gas prices drop due to hopes for a ceasefire in Ukraine and improving stock levels

European gas prices reach their lowest level in two months, supported by progress in Ukraine negotiations and slight improvement in gas reserves. The Dutch TTF futures contract falls 3.37% to €42.80.
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France negotiates access to Ukrainian raw materials for its defence industry

France has been negotiating with Ukraine since October to secure access to strategic raw materials necessary for its defence industry. This move is part of a broader strategy to diversify supply sources.

The European Commission accelerates Ukraine’s energy integration

The European Commission announces a support plan to strengthen Ukraine’s energy security and fully integrate its electricity and gas markets with the European Union by 2027, in cooperation with Moldova.
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