Russia | Egypt Oil & Gas

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 ...

Rosneft’s H1 2025 Revenues Fall 17.6% Amid Lower Oil Prices

Rosneft's revenue in the first half of 2025 declined to RUB 4,263 billion (around $52.88 billion), marking a 17.6% decrease compared to the same period last year, the company said in a statement. This reduction wa ...

ExxonMobil May Return to Sakhalin-1, Two Years After Putin’s Takeover

Russia’s President Vladimir Putin has signed a decree that could enable foreign investors, including US. ExxonMobil, to reclaim their stakes in the Sakhalin-1 oil and gas project.

India to Continue Purchasing Russian Oil Regardless Trump’s Warnings

Two sources from the Indian government stated that the country will continue to buy oil from Russia despite U.S President Donald Trump's warnings to impose more penalties, Reuters reported.
The sources confi ...

Mexico Explores LNG Diversification as Russia Plans to Step In

Russia has expressed intent to supply liquefied natural gas (LNG) to Mexico and share energy sector technologies, as Russian Embassy in Mexico noted to solve challenging geopolitical conditions and improving effic ...

EU to Unveil Strategy to End Russian Natural Gas Imports by Late 2027

The European Union (EU) will release plans to prohibit new Russian natural gas agreements by the end of this year and gradually terminate current contracts with Moscow by the close of 2027.

Russia’s First Ice-Class LNG Carrier Starts Sea Trials Amid US Sanctions

The first Russian built ice-class LNG carrier, Alexey Kisygin has entered sea trials, aimed to increase the country's share of the global LNG market, despite facing US sanctions.

Indian State Refiners Eye Middle East Crude to Offset Russian Supply Shortfall

Indian state refiners are considering tapping into the Middle East crude market as spot supply from their top supplier, Russia, have fallen, according to Reuters. The three major state refiners, Indian Oil Corp, B ...

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