Ukraine

OMV posts €1.26bn operating profit in Q3 despite falling revenues

Austrian energy group OMV reported a 20% increase in operating profit in Q3 2025, driven by strong performance in fuels and petrochemicals, despite a decline in total revenue.

Washington temporarily authorises operations linked to Rosneft’s German assets

The United States has issued a general license allowing transactions with two German subsidiaries of Rosneft, giving Berlin until April 2026 to resolve their ownership status.

Turkey locks in 19 Bcma of LNG, Moscow and Tehran under pressure

Botaş lines up a series of liquefied natural gas (LNG, liquefied natural gas) contracts that narrow the space for Russian and Iranian flows, as domestic production and import capacity strengthen its bargaining position. —
en_1140281040540

Lukoil begins sale of international assets after new US sanctions

Lukoil has started divesting its foreign assets following new US oil sanctions, a move that could reshape its overseas presence and impact supply in key European markets.

Kazakhstan considers swift decision on Lukoil’s local assets

Kazakhstan is reviewing Lukoil's stakes in major oil projects after the Russian group announced plans to divest its international assets following new US sanctions.

Orban attend des garanties énergétiques lors de sa rencontre avec Trump à Washington

Le Premier ministre hongrois se rendra à Washington pour discuter avec Donald Trump des sanctions américaines contre le pétrole russe, dans un contexte de guerre en Ukraine et de dépendance persistante de la Hongrie aux hydrocarbures russes.
en_1140271034540

Italian court approves extradition of Ukrainian suspect in Nord Stream case

An Italian appeal court has approved the extradition to Germany of a former Ukrainian commander suspected of coordinating the 2022 sabotage of the Nord Stream gas pipeline, a decision now challenged in cassation.

First El Dabaa nuclear reactor receives 330-tonne pressure vessel

The reactor vessel for Unit 1 at Egypt’s El Dabaa nuclear plant has been delivered following a 20-day maritime transport from Saint Petersburg, marking a critical milestone in the country’s energy project.

Shanghai Electric signs 342 MW deal with Econergy in Romania

Shanghai Electric has signed phase II of the Parau photovoltaic project with Econergy, expanding its Romanian solar portfolio to 550 MW.
en_1140261073540

The EU sanctions CNPC units as ESPO pipeline flows remain stable

The European Union targets a trading subsidiary and a refinery linked to China National Petroleum Corporation, tightening access to financial and insurance services without disrupting pipeline deliveries, with reallocations expected in settlements, insurance, and logistics. —

Hungary seeks to maintain Russian oil imports despite sanctions

Viktor Orban says he is working to bypass recent US sanctions targeting Rosneft and Lukoil, underscoring Hungary’s continued reliance on Russian hydrocarbons.

Italian court reviews extradition of Ukrainian suspect in Nord Stream sabotage

A former Ukrainian soldier accused of taking part in the 2022 sabotage of the Nord Stream pipeline is at the centre of a contested extradition process between Italy and Germany, revived by a ruling from Italy’s Court of Cassation.
en_1140241029540

India redirects its diesel to Africa and Brazil ahead of 2026

Traceability requirements from the EU (European Union) on fuel origin are reshaping Indian refined flows, with a shift toward Africa and Brazil supported by local premiums and a decline in Russian exports.

Washington hits Rosneft and Lukoil, EU tightens, Brent climbs

U.S. sanctions targeting Rosneft and Lukoil trigger a rebound in oil, while the European Union prepares a clampdown on liquefied natural gas and maritime logistics, with immediate repercussions for markets and Russia’s export chain.

UNEP, EU and Japan frame methane: 12% responses, LNG under pressure

Rising responses to UNEP’s satellite alerts trigger measurement, reporting and verification clauses; the European Union sets import milestones, Japan strengthens liquefied natural gas traceability; operators and steelmakers adjust budgets and contracts.
en_1140241031540

Takaichi secures the LDP–Ishin axis, pro-nuclear, and eases fuel taxation

The new Liberal Democratic Party (LDP)–Japan Innovation Party (Nippon Ishin no Kai) axis combines a nuclear restart, targeted fuel tax cuts and energy subsidies, with immediate effects on prices and risk reallocations for operators. —

OPEC production uncertainty keeps global oil market from deeper slide

As Brent hovers near $60, growing opacity around OPEC’s output restrains a steeper decline in crude prices amid surplus warnings by the International Energy Agency.

Oxford Energy Institute Data Confirms the Dominance of Contrarian Strategies in Oil Trading

The Oxford Energy Institute study shows that signals from weekly positions and the Brent/WTI curve now favor contrarian strategies, in a market constrained by regulation and logistics affected by international sanctions. —
en_1140290980540

Bolivia: Paz prepares energy overhaul, lithium and gas transit reforms

The president-elect outlines a pro-market agenda: gradual reform of fuel subsidies, review of Yacimientos de Litio Bolivianos (YLB) lithium contracts, and monetization of gas transit between Argentina and Brazil, prioritizing supply stabilization.

Karachaganak cuts production after drone strike on Russian gas facility

Kazakhstan’s Karachaganak gas field has reduced output by nearly one-third following an incident at a key Russian gas processing plant targeted by a Ukrainian drone strike.

Ukraine and Azerbaijan deny gas transit agreement with Europe

Gas transit talks between Ukraine and Azerbaijan have failed to reach agreement. Both countries deny any negotiation concerning the use of Ukraine as a transit route to Europe after the end of the current contract with Gazprom.

Ukraine faces 0.6 Gm³ gas import challenge before winter

Ukraine may need to import 0.6 Gm³ of gas before November, according to the IEA, to secure its energy reserves against the risks of a harsher winter.

Germany 2030: An energy challenge with 25 GW of gas to move away from coal

Germany is aiming for the end of coal by 2030, but delays in tenders for gas-fired power plants and a lack of alternative capacity are threatening this goal. Uniper warns of the urgent need to speed up the transition to avoid a postponement to 2038.
Coal-fired power plant in Germany

Nuclear industry 70% dependent on Russian fuels

The interdependence between the Western and Russian nuclear industries raises major concerns, especially in the context of economic sanctions. This report highlights the challenges and costs involved in reducing this dependence, prompting further reflection.

Ukraine and Moldova in energy crisis, EUR 2 billion in winter aid

Ukraine and Moldova are facing a critical winter due to the destruction of their energy infrastructures. The International Energy Agency is calling for urgent action to guarantee their energy security in the face of unprecedented challenges.

Nuclear revival: 25 GW needed each year to reach 1,160 GW by 2050

The nuclear sector, crucial to the fight against climate change, is struggling to triple its global capacity by 2050. An expert report reveals financial and structural challenges, underscoring the urgent need for concerted action to revitalize the industry.
Design sans titre-120

India faces an energy dilemma between coal and climate commitments

India is at a critical juncture, faced with growing energy demand and ambitious climate commitments. Increasing coal production is raising major concerns about methane emissions, threatening the country's environmental goals.

France considers raising taxes on decarbonized products

A new tax on electricity generation facilities is causing concern in the French energy sector. Professionals fear that it will hamper the investments needed for the transition to low-carbon energies, thereby compromising climate objectives.

Pertamina and Russian crude: an evolution that redefines the Asian market

Pertamina, the Indonesian oil company, is exploring supplies of Russian crude, raising hopes among refiners in Thailand and Japan. This dynamic could disrupt light crude prices in Southeast Asia, prompting increased vigilance.
Raffinerie Pertamina en Indonésie

East-West LNG arbitrage booming in the face of growing Asian demand

East-West LNG arbitrage is gaining strength, with rising Asian demand outstripping European demand. Traders are taking advantage of this momentum to redirect cargoes to the Far East, despite uncertainties about future demand.

Rosneft versus Shell: an energy battle at the heart of European tensions

The case between Rosneft and Shell over the sale of the latter's stake in the PCK Schwedt refinery illustrates the growing tensions in the European energy sector, exacerbated by the current geopolitical context and sanctions against Russia.

Russian oil exports up in October despite internal challenges

Russian oil exports could rise in October, despite internal challenges related to refining capacity. This dynamic raises questions about the potential impact on the global market and the country's energy policy.
Port de Primorsk, Russie

Strengthened nuclear relations between South Korea and the Czech Republic

South Korean President Yoon Suk-yeol's visit to the Czech Republic marks a turning point in bilateral nuclear relations. The visit highlights an ambitious nuclear reactor project that promises to transform Europe's energy landscape.

Explosion in a gas field in Uzbekistan: Safety and management in question

A tragic explosion in a gas field under construction in Uzbekistan has killed four people and injured several others. This incident raises crucial questions about worker safety and risk management in the energy sector.

Central Asia-Germany strategic partnership for trade routes

Central Asia, in search of new partnerships, is turning to Germany to develop trade and energy corridors. This dynamic, in the face of current geopolitical challenges, could transform the region into a key player on the international stage.
Meeting between Central Asian leaders and German Chancellor Olaf Scholz

Apollo invests in TAP to strengthen European energy security

Apollo Global Management has signed a $1 billion agreement with BP to acquire a stake in the Trans Adriatic Pipeline. This strategic investment aims to strengthen Europe's energy security while diversifying sources of supply.

Germany and Central Asia: strategic partnership for sustainable resources

Germany is stepping up its efforts to secure raw materials in Central Asia, in particular with Uzbekistan, against a complex geopolitical backdrop. This strategy aims to diversify its energy supplies while addressing issues of human rights and transparency.

Wien Energie abandons Russian gas by 2025 for sustainable, safe energy

Wien Energie, Vienna's main energy supplier, is committed to eliminating Russian gas by 2025, thereby meeting the challenges of energy security in Europe. This initiative marks a strategic turning point for Austria in a complex geopolitical context.
Wien Energy logo

Europe’s energy crisis: urgent solutions for a sustainable future

Europe's energy crisis, exacerbated by geopolitical tensions, is prompting Greece to ask the EU for reforms. Prime Minister Mitsotakis proposes measures to stabilize prices and strengthen energy security.

Enriched uranium: Geopolitical tensions and supply issues

The current dynamics of the enriched uranium market are marked by geopolitical tensions and regulatory changes. Companies like Centrus need to adapt to these challenges to secure their supply and meet the sector's growing needs.