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Russia, Ukraine accuse each other of overnight airstrikes that killed 2

- Operational headquarters in Russia’s Krasnodar region said says oil terminal and tanker both damaged in Ukrainian drone strike - Ukraine’s State Emergency Service reports 2 people killed, 1 injured in Odesa by Russian drone attack

03.11.2025 General

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

31.10.2025 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

31.10.2025 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

US crude oil inventories fall 1.6% for week ending Oct. 24

- Commercial crude stocks drop by 6.9 million barrels, exceeding expectations for 900,000 barrel fall

30.10.2025 Oil

Oil falls as OPEC output plan outweighs optimism over US-China trade talks

- OPEC+ plans modest output hike in December, extending its gradual rollback of supply cuts

28.10.2025 Oil

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

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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

EU lauds US move to sanction major Russian oil companies

- ‘With the imminent adoption of the EU’s 19th package (of sanctions), this is a clear signal from both sides of the Atlantic that we will keep up collective pressure on the aggressor,’ says Ursula von der Leyen

23.10.2025 Oil