Russia’s natural gas exports to the European Union (EU) rose by around 18 per cent in the first half of the year, according to the Russian Energy Ministry....
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. ...
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)....
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....
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....
