Russia | Egypt Oil & Gas

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 ...

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.

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