Washington triggers an unprecedented tariff structure combining 25% fixed duties and an additional unspecified penalty linked to Russian energy and military purchases.
INA has completed its first industrial production of sustainable aviation fuel at the Rijeka refinery, demonstrating the feasibility of commercial-scale co-processing of biogenic feedstocks with the technology developed by Chevron Lummus Global.
The Russian Minister of Energy announces strengthened cooperation in uranium and civil nuclear energy in Niger, reinforcing Russia's economic presence in a key sector following the withdrawal of several Western players.
Slovenské elektrárne has signed an agreement with Urenco for the purchase of enriched uranium for the Bohunice and Mochovce nuclear power plants, strengthening the diversification of its supply sources until the mid-2030s.
Serbia has secured a new 30-day reprieve from the application of US sanctions targeting NIS, operator of the country’s only refinery, which is majority owned by Gazprom.
The European commitment to purchase $250bn of American energy annually raises questions about its technical and economic feasibility in light of limited export capacity.
Naftogaz and the State Oil Company of the Republic of Azerbaijan (SOCAR) have formalised an initial contract for natural gas delivery via the Transbalkan corridor, opening new logistical perspectives for Ukraine’s energy supply.
Donald Trump has raised the prospect of tariffs on countries buying Russian crude, but according to Reuters, enforcement remains unlikely due to economic risks and unfulfilled past threats.
Mozambique aims to strengthen the presence of Russian companies in natural gas exploration and production as the country looks to diversify its partnerships in the natural resources sector.
Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto states Budapest will block any European ban on Russian hydrocarbon imports, stressing the impact on household energy costs.
Hungary reaffirms its intent to double the capacity of its Paks nuclear power plant in partnership with Rosatom, with concrete works expected to begin in the autumn.
The Hague court has authorised the release of Gazprom’s shares in Wintershall Noordzee, following a judicial decision after several months of legal proceedings involving Ukrainian companies.
Resalta has completed the acquisition of Statkraft’s Croatian platform, expanding its presence in renewable energy across Eastern Europe, with a portfolio of projects and a full local team.
Following the imposition of European Union sanctions, Nayara Energy adjusted its payment terms for a naphtha tender, now requiring advance payment or a letter of credit from potential buyers.
Since early April, Europe has imported nearly 45 billion cubic meters (bcm) of liquefied natural gas (LNG), with storage prospects for winter putting pressure on gas prices.
US Senator Lindsey Graham announced that President Donald Trump plans to impose 100% tariffs on countries purchasing Russian oil, including China, India, and Brazil.
Russian oil group Rosneft rejects EU sanctions targeting Nayara Energy, in which it holds a 49.13% stake, citing a breach of international law and a threat to India’s energy security.
The European Union lowers the price cap on Russian crude oil and extends sanctions to vessels and entities involved in circumvention, as coordination with the United States remains pending.
The Voskhod vessel, under US sanctions, docked at the Arctic LNG 2 plant in Russia, marking the second visit by a sanctioned ship to the site this year, according to maritime tracking data.
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.
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 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.
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.
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 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 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.
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 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.
The Director of the International Atomic Energy Agency (IAEA), Rafael Grossi, visited Fukushima to oversee the soil decontamination efforts and the decommissioning of the nuclear plant. This visit comes as Japan intensifies its efforts to manage radioactive waste and increase the transparency of its nuclear program.
Europe's energy transition is driving a structural transformation of the electricity grid, exposing the market to new vulnerabilities. A study by Compass Lexecon highlights three strategic levers to ensure supply stability amid geopolitical pressures and market volatility.
A drone strike in Russia has forced the shutdown of a key pumping station on the Caspian Pipeline Consortium (CPC) pipeline, temporarily reducing its capacity to transport Kazakh oil to Europe. The incident comes amid heightened diplomatic tensions surrounding the Ukraine conflict.
The attack of an explosive drone on the Chernobyl confinement arch raises questions about the security of critical infrastructure. The incident, confirmed by the IAEA, could have repercussions on energy markets and the management of nuclear assets.
Facing the end of Gazprom deliveries, Transnistria is now sourcing gas through a Hungarian company, financed by a Russian intermediary. The European Union had proposed aid, conditioned on reforms, which the separatist region rejected.
Gas prices in Europe continue their upward trend, driven by a sharp decline in reserves and an anticipated increase in demand. The end of Russian gas transit through Ukraine and unfavorable weather conditions are adding pressure to the market.
Following the halt of gas deliveries through Ukraine, Slovakia now relies on the TurkStream pipeline and a route through Hungary to secure its supply. This decision aligns with its independent energy strategy despite geopolitical tensions in Europe.
La Lituanie, la Lettonie et l'Estonie vont couper leurs derniers liens avec le réseau électrique russe. Ce basculement, prévu le 8 février, marque leur intégration complète au réseau européen après des années de préparation et d'investissements.
Facing declining interest from European companies in its gas storage capacity, state-owned operator UkrTransGaz is focusing on integrating into the European Union market and implementing measures to strengthen the competitiveness of its infrastructure despite security challenges.
Amid energy tensions with Russia, the European Union has announced a new €250 million financial aid package to support Moldova in 2025. This funding aims to stabilize the country’s energy supply while reducing its dependence on Russian gas.
