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UK unveils new set of sanctions targeting Russia’s oil, military, financial networks

- Among most high-profile targets are 20 oil tankers linked to what has been referred to as Russian President Putin’s 'shadow fleet'

18.06.2025 General

EU proposes banning LNG gas imports from Russia by end of 2027

- 'This will help the EU become more energy independent, improve the security of the energy supply, and boost the Union's energy independence and competitiveness,' says EU Commission

17.06.2025 Natural Gas

Russia claims it struck oil refinery in Poltava region in overnight attack

- Defense Ministry claims hitting oil refinery in industrial city of Kremenchuk, alleging it supplied fuel to Ukrainian forces in Donbas region

16.06.2025 General

Japan resumes Russian crude oil imports after over 2-year hiatus: Report

- Sanctioned vessel, Voyager, delivered crude to Taiyo Oil refinery on June 8

12.06.2025 Oil

Russia's budget posts $43.2B deficit amid falling oil prices

- Russia's budget revenues up 3.1%, while expenditures soared 20.8% year-on-year this January to May

11.06.2025 General

EU proposes new sanctions on Russia over Ukraine war

- New measures include lowering Russian oil cap, banning refined oil imports, restricting banks and blacklisting vessels

11.06.2025 General

Türkiye-Azerbaijan energy cooperation bolsters regional, European security: Turkish president

- Increasing electricity connection between Türkiye, Azerbaijan is another project of strategic importance, says Recep Tayyip Erdogan

02.06.2025 Energy Diplomacy

Trump signs orders to expand nuclear power production in US

- 'It's a hot industry. It's a brilliant industry ... It's become very safe,' says US president

24.05.2025 Energy Diplomacy

US sanctions rollback expected to boost Syria's rebuilding process

- Following US President Donald Trump's announcement to lift sanctions on Syria, focus shifts to how Damascus will meet its energy needs

21.05.2025 Oil Energy Diplomacy

Oil prices edge lower amid Russia-Ukraine peace talks, demand concerns

- Markets react cautiously as Trump claims imminent Russia-Ukraine ceasefire following call with Putin

20.05.2025 Oil

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Russian president sends message to KazanForum, emphasizing ties with Islamic World

- Event to deepen dialogue and boost partnerships among participating countries, says Vladimir Putin

16.05.2025 General

US issues fresh Iran-related sanctions, continues 'maximum pressure' campaign

- Treasury Department targets 2 individuals, 1 entity in continued pressure campaign

13.05.2025 General

Russia, Vietnam agree to 'promptly' negotiate, sign nuclear power plants deal

- Vietnam has resumed plans to develop nuclear power plants suspended nearly decade ago

12.05.2025 Electricity General

China-Saudi energy alliance challenges global geopolitical balance

- Ahead of US President's visit to Middle East on May 13, agreements signed between China's Sinopec and Saudi Aramco underscore growing energy partnership between Beijing and Riyadh

12.05.2025 Energy Diplomacy

Putin, Vucic reaffirm energy cooperation, historical ties in talks at Kremlin

- Russia remains key guarantor of Serbia’s energy security, says Vladimir Putin - Serbian president thanks Russia for gas supplies, support for sovereignty amid calls to revive economic partnership

10.05.2025 General

Zelenskyy welcomes UK’s sweeping sanctions on Russia’s shadow fleet

- Ukrainian leader thanks Prime Minister Starmer for targeting Kremlin’s oil revenue

10.05.2025 Oil

Development Road Project to contribute to stability in Iraq, entire region: Turkish president

- Recep Tayyip Erdogan expresses Türkiye's desire to make rapid progress on issues such as resumption of oil shipments through Iraq-Türkiye Oil Pipeline

09.05.2025 Energy Diplomacy