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EU on track to phase out Russian gas by 2028 but supply challenges remain

- Careful coordination, infrastructure development, and diversified supplies crucial to ensure smooth EU transition

12:15 Natural Gas

Finnish oil firm Teboil changes hands as Lukoil sells assets to Gunvor

- It follows Russian firm's decision to sell its assets amid sanctions

10:18 General

Ukraine introduces 8-hour per day restriction on energy consumption

- Energy Ministry says hourly shutdown schedules will be in effect between 8 am and 7 pm

30.10.2025 General

State-backed Indian refinery stops purchasing Russian oil amid punishing US tariff

- Joint venture of state-run Hindustan Petroleum Corporation Ltd, Mittal group suspend 'further purchases' due to recent announcements of new restrictions

30.10.2025 General

Russia's oil supplies to India remain high

- Energy minister says India continues as key partner for Russia in energy sector

27.10.2025 Oil

China slams EU over fresh Russia sanctions, says dialogue 'only viable way' out of Ukraine war

- ⁠Beijing's reaction comes just after EU placed fresh sanctions on Chinese entities due to ongoing war in Ukraine

23.10.2025 Oil Energy Diplomacy

Zelenskyy welcomes new US sanctions on Russia’s oil giants

- Ukrainian leader says move sends ‘strong and much-needed message’ that 'prolonging the war and spreading terror come at a cost'

23.10.2025 Oil Energy Diplomacy

Brent crude rises over 2% after US sanctions on Russian oil giants

- US includes Rosneft, Lukoil, and dozens of affiliates on its sanctions list, citing "a serious lack of commitment" by Moscow to advancing peace talks

23.10.2025 Oil

US imposes new sanctions on Russia’s top oil firms over war in Ukraine

- 'Now is the time to stop the killing and for an immediate ceasefire,' says Treasury Secretary Scott Bessent

23.10.2025 Oil

Russia confirms ongoing oil exports to India

- Russia continues oil exports as New Delhi asserts its energy policies serve national consumer interests

20.10.2025 General

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Russia says overnight Ukrainian drone attack targets gas facility in Orenburg region

- Governor says fire broke out at a workshop of partially damaged facility, adds no casualties reported

20.10.2025 General

Russia, Syria discuss military facilities, cooperation in oil, energy sectors

- Moscow, Damascus set to deepen cooperation on energy and reconstruction following meeting of leaders, says top Moscow official

16.10.2025 General

Russia warns that UK sanctions will backfire

- New measures against Rosneft and Lukoil will ‘boomerang’ and harm ordinary Britons, says Russia’s London embassy

16.10.2025 Oil

US expects Japan to stop buying Russian energy: Treasury secretary

- Treasury Secretary Scott Bessent meets with Japanese Finance Minister Katsunobu Kato to discuss plans for mobilizing Japan’s strategic investment in US

16.10.2025 Energy Diplomacy

Trump says India's Modi agreed to stop purchasing Russian oil

- 'He's not buying his oil from Russia. It started. You know, you can't do it immediately. It's a little bit of a process, but the process is going to be over with soon,' says US president

16.10.2025 Oil