Tag: RUssia

Energy, Oil & Gas

China’s Russian LNG imports surge 44.3pc in January-September

China increased imports of Russian liquefied natural gas (LNG) by 44.3 per cent year on year to 7.19 million metric tonnes in January-September, with supplies valued at $3.92 billion, up 38.5 per cent, according to Chinese customs data reported by TASS....

Energy, Oil & Gas

Russia-Ukraine agree to energy ceasefire, says Trump

US President Donald Trump made a surprise announcement of an energy ceasefire between Russia and Ukraine on Sunday that he said ​was "effective immediately", but Ukrainian leader Volodymyr Zelenskiy said he was still waiting to see details of the deal. Also there was no word from Moscow on the announcement ...

Energy, Oil & Gas

Russia eases diesel export curbs after Trump-Putin deal

Russia has announced that it had lifted some restrictions on diesel exports, following an agreement between Russian President Vladimir Putin and US President Donald Trump to allow Russian diesel supplies to reach US and international markets. ...

Energy, Oil & Gas

Russia oil, gas revenues seen declining through 2029

Russia’s oil and gas revenues are projected to fall from 3.3 per cent of GDP in 2026 to 2.7 per cent in 2029, reflecting stabilising energy prices and a declining share of the oil and gas sector in the economy, according to budget, tax and customs policy guidelines reported by TASS....

Energy, Oil & Gas

EU energy imports remain stable in Q1 2026 as LNG volumes rise

European Union’s (EU) petroleum oil imports remained stable in Q1 2026, with values up 0.8% and volumes down 0.6%, while LNG volumes rose 2.9%. The US led oil and LNG supplies, while Norway dominated pipeline gas imports. ...

Energy, Oil & Gas

Europe to source two-thirds of its LNG imports from US in 2026

Europe is increasing reliance on US LNG, projected to supply two-thirds of imports in 2026, potentially becoming the EU’s main and costliest gas source amid shifting global supply, according to Institute for Energy Economics and Financial Analysis (IEEFA)....

Energy, Oil & Gas

Saudi-backed Midad signs term sheet with Lukoil for sanctioned assets: Report

Saudi Arabia-backed Midad Energy has signed a term sheet to acquire Russia’s sanctioned Lukoil assets in a high-stakes contest against rivals including private equity giant Carlyle Group, with the deal contingent on US regulatory approval, a Reuters report said citing three people familiar with the matter....

Energy, Oil & Gas

EU approves total ban on Russian gas by 2027

The European Union (EU) has moved to end all imports of Russian natural gas by the end of 2027, following a majority vote by member states during a meeting of European energy ministers in Luxembourg....