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Ukraine

Storm in the Black Sea halts crude shipments at CPC terminal

Caspian Pipeline Consortium suspended loading and intake operations due to a storm and full storage capacity.

Russian gas exports to Europe fall to 18 bcm, lowest level since the 1970s

Pipeline natural gas deliveries from Russia to the European Union dropped by 44% in 2025, reaching their lowest level in five decades following the end of transit via Ukraine.

Lithuania extends gas transit to Kaliningrad until 2030

Amber Grid has signed an agreement to maintain gas transit to Russia’s Kaliningrad exclave, with a daily capacity cap of 10.5 mn m³ until the end of 2030, under a framework regulated by the European Union.
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TPAO, MOL and ORLEN expand Libyan presence ahead of 2026 energy summit

Turkish, Hungarian and Polish national companies confirm participation in Tripoli's summit as Libya revives upstream investments and broadens licensing opportunities.

Russia provides $9bn for Turkey’s Akkuyu nuclear power plant

Ankara confirmed new Russian funding for the Akkuyu project, Turkey’s first nuclear site, strengthening its energy ties with Moscow and advancing its domestic nuclear ambitions.

Nigerien junta rejects French accusations over uranium disappearance

Niger’s military regime disputes theft allegations by French prosecutors after uranium stock vanished from a nationalised site previously operated by Orano.
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Rosatom confirms HTGR fuel resilience under extreme temperature conditions

Rosatom successfully completed a series of tests on its high-temperature gas-cooled reactor fuel, validating its performance at up to 1,700 °C under prolonged irradiation conditions.

Brussels investigates €30bn public loan for two reactors in Czechia

The European Commission opens an in-depth investigation into Prague's public funding of a major nuclear project, which could reach €30bn ($32.88bn), with guaranteed revenues over forty years.

Solarpro inaugurates 450 MW solar power plant with LONGi modules in Hungary

Solarpro commissions Hungary’s largest photovoltaic plant using 700,000 advanced modules supplied by LONGi, with an expected annual output of 470 GWh.
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Newcleo launches European safeguards process for lead-cooled modular reactor

French nuclear reactor developer Newcleo has submitted its lead-cooled small modular reactor design to Euratom, initiating the first regulatory phase to integrate nuclear non-proliferation safeguards at the European level.

Czech government rejects ETS2 and warns of disadvantage against China and the United States

The new Czech Minister of Industry wants to block the upcoming European emissions trading system, arguing that it harms competitiveness and threatens national industry against global powers.

Czech government prepares CEZ buyout in $9.6bn deal

Several scenarios are under review to regain control of CEZ, a key electricity provider in Czechia, through a transaction estimated at over CZK200bn ($9.6bn), according to the Minister of Industry.
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Holtec and MVM join forces to deploy small nuclear reactors in Hungary

US-based Holtec has signed a memorandum of understanding with Hungary’s energy group MVM to assess the deployment of its SMR-300 technology, strengthening bilateral nuclear cooperation and opening prospects for a new market in Central Europe.

Westinghouse secures $114mn contract to supply fuel to Paks nuclear plant

MVM Group has signed an agreement with Westinghouse to secure VVER-440 fuel supplies from 2028, reducing its reliance on Russia and strengthening nuclear cooperation between Budapest and Washington.

Sofia secures Lukoil refinery ahead of planned state takeover

The Bulgarian government has increased security around Lukoil’s Burgas refinery ahead of a state-led takeover enabled by new legislation designed to circumvent international sanctions.
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India and Russia strengthen nuclear cooperation with new projects

Russia and India are preparing an expanded agreement for the construction of VVER-1200 reactors and modular nuclear power plants, while accelerating work at the strategic Kudankulam site.

Three U.S. gas basins reshape prices, flows and contracts

Appalachia, Permian and Haynesville each reach the scale of a national producer, anchor the United States’ exportable supply and set regional differentials, LNG arbitrage and compliance constraints across the chain, amid capacity ramp-ups and reinforced sanctions.

Bulgaria passes law to take control of Lukoil refinery

Faced with US sanctions targeting Lukoil, Bulgaria adopts emergency legislation allowing direct control over the Balkans’ largest refinery to secure its energy supply.
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Gunvor drops $22bn bid for Lukoil assets under US pressure

Swiss trader Gunvor has withdrawn its $22bn offer to acquire Lukoil’s international assets after the US Treasury announced it would block any related operating licence.

Trump grants Orban oil exemption in exchange for US gas deal

The United States grants Hungary a one-year waiver on sanctions targeting Russian oil, in return for a commitment to purchase US liquefied natural gas worth $600mn.
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Nigerien junta rejects French accusations over uranium disappearance

Sweden: Offshore Wind Farms in the Baltic Sea Raise Defense Concerns

Sweden's planned offshore wind farms in the Baltic Sea raise concerns about the country's defense capabilities, according to a military report. A crucial choice emerges between energy needs and national security.

Sweden Halts Baltic Sea Wind Projects Over National Security Concerns

Sweden has recently rejected 13 wind farm projects in the Baltic Sea, citing defense-related security concerns. This decision raises questions about balancing energy needs with national protection.

Ukraine Considers an Energy Partnership with Qatar to Enhance Energy Security

Amid geopolitical tensions and critical energy dependency, Ukraine explores a partnership with Qatar to diversify energy sources and attract investment into its energy infrastructure.
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Niger denounces Orano’s suspension of uranium production

The Nigerien junta criticizes Orano's suspension of activities, claiming the decision harms stakeholder commitments and lacks transparency, according to a document from the state-owned company Sopamin.

Slovakia: SPP Denies Imminent Gas Supply Deal with Azerbaijan via Ukraine

Slovakia: SPP Denies Imminent Gas Supply Deal with Azerbaijan via Ukraine

The EU Invests in a New Gas Corridor to Secure LNG Supply from the U.S.

The EU Invests in a New Gas Corridor to Secure LNG Supply from the U.S.
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OPEC+: eight members extend their production cuts until the end of December

Saudi Arabia, Russia, and six other OPEC+ countries extend their production cuts by 2.2 million barrels per day until the end of December to support oil prices weakened by uncertain demand.

U.S. Investigation on Chinese Enriched Uranium Imports Intensifies

U.S. Investigation on Chinese Enriched Uranium Imports Intensifies

Czech Giant CEZ Partners with Rolls-Royce to Develop Mini Nuclear Reactors

CEZ acquires a 20% stake in Rolls-Royce SMR to build small nuclear reactors in the Czech Republic, aiming for stable and low-carbon energy.
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Liquidity Crisis for Russian Thermal Coal: Shortages and International Sanctions

Russian thermal coal exports are facing severe liquidity losses, exacerbated by logistical restrictions and rising costs, prompting buyers to turn to alternative sources.

Finland: Court Orders Seizure of Russian Assets Following Naftogaz Petition

Finnish court orders the seizure of Russian assets in response to a request by the Ukrainian company Naftogaz, as part of enforcing a $5 billion arbitration award for losses in Crimea.

Sanctions: How a Global Parallel Market for LNG is Developing Despite Restrictions

With increasing sanctions against Russian LNG, an evasion ecosystem is emerging in various global hubs, fostering transactions in local currencies and a parallel trade network.
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Ukraine on the Verge of Winter: Insufficient Gas Reserves Face Consumption Challenges

Ukraine on the Verge of Winter: Insufficient Gas Reserves Face Consumption Challenges

The French State strengthens Orano with a €300 million capital increase to support the nuclear sector

The French government has injected €300 million into Orano, a nuclear specialist, to increase its uranium enrichment capacity and support its international market expansion against Rosatom.

Fukushima: TEPCO resumes extraction of radioactive debris after technical stoppage

TEPCO will resume extracting radioactive materials in Fukushima after resolving a technical issue. This operation marks a key step in dismantling the plant affected by a tsunami in 2011.
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Denmark to Miss EU’s 90% Gas Storage Target Before Deadline

Denmark will not meet the 90% gas storage threshold by November 1st due to production and maintenance delays, according to the Danish Energy Agency.

Rosneft loses its appeal against the sale of the Schwedt refinery

The Düsseldorf court has rejected Rosneft’s lawsuit against Shell’s sale of its stake in the Schwedt refinery, marking a key step in the restructuring of German energy assets.

Chinese demand revives Australian raw coal exports

Australian coal producers reduce the processing of lower grades due to rising exports to China, while South Korean demand for higher grades declines.
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Serbia accelerates discussions on future nuclear projects

Serbia continues talks with Rosatom to lift the ban on nuclear energy in place since 1989 and explores opportunities in modern nuclear technologies.

European Nuclear Energy Alliance Calls for Support from the EU Commission

Members of the European Nuclear Energy Alliance have called on the upcoming European Commission to recognize the role of nuclear and renewables in Europe's decarbonization between 2024 and 2029.
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