Russia | Egypt Oil & Gas

Russia’s February Oil and Gas Revenues Seen Nearly Halving on Stronger Rouble

Russia’s state income from oil and gas is projected to fall sharply in February to around 410 billion roubles, nearly half the level recorded in the same month of 2025. The decline is attributed to the appreciatio ...

India Reaffirms Energy Strategy Amid Questions Over Russian Oil Imports

India will continue to rely on a diversified mix of energy sources to ensure stable and affordable supplies for its consumers, Foreign Secretary Vikram Misri said, underscoring New Delhi’s focus on energy security ...

India’s BPCL Secures Middle Eastern Crude Deals Amid Russian Supply Pivot

India’s state-run Bharat Petroleum Corporation Ltd (BPCL) has secured one-year crude supply deals for Iraqi and Omani grades to compensate for imports from Russia and pivots toward Middle Eastern supply as Reuters ...

Turkey Secures $9bn Russian Financing for Akkuyu Nuclear Plant

Turkey has received $9 billion in new financing from Russia for the construction of the Akkuyu nuclear power plant, said Alparslan Bayraktar Minister of Energy and Natural Resources, as the country now expects the ...

Gazprom Supplies 38.8 bcm of Gas to China, Exceeding Planned Capacity

Russia’s Gazprom has transported 38.8 billion cubic meters (bcm) of natural gas to China through the Power of Siberia pipeline in 2025, surpassing its planned annual capacity. The achievement marks a significant m ...

Putin Extends Deadline for Sale of Exxon’s Sakhalin-1 Stake to 2027

Russian President Vladimir Putin has extended by one year the deadline for the sale of ExxonMobil’s stake in the Sakhalin‑1 oil and gas project, giving the US major until January 1, 2027, to complete an exit deal, ...

Russia Boosts Pipeline Gas Supplies to China by quarter in 2025

Russia’s pipeline gas shipments to China are set to increase by about 25% this year, according to a source familiar with the data, as Moscow continues to pivot its energy exports toward Asia and deepen ties with t ...

Russia Considers Boosting Oil and LNG Supplies to China Despite U.S. Sanctions

Russia is exploring opportunities to increase oil exports to China and deepen cooperation on liquefied natural gas (LNG), Deputy Prime Minister Alexander Novak said Tuesday during a Sino-Russian business forum in ...

Lukoil to Sell International Assets after New Sanctions Imposed

Russian oil giant Lukoil plans to sell its international assets following the imposition of new restrictive measures against the company and its subsidiaries. Lukoil has begun reviewing bids from potential buyers ...

U.S, EU Tighten Pressure on Russia with Oil, LNG Sanctions

U.S. President Donald Trump announced on Wednesday Ukraine-related sanctions for the first time in his second term, blacklisting Russian oil major companies Lukoil and Rosneft amid growing frustration with Preside ...

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