Russia | Egypt Oil & Gas

Revised US, Russia Sanctions Bill Sparks Tariff Concerns

US senators have released a sanctions bill targeting Russia, lowering the proposed tariff to 100% from 500% in the previous version in an effort to secure broader congressional support, Reuters reported.

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EU Bans All Russian LNG Trading by EU Operators From 2027

European Union-based companies will be prohibited from trading or marketing Russian liquefied natural gas (LNG) from 2027, regardless of whether the cargoes are destined for the EU or third countries, according to ...

Russia Raises LNG Exports by 11.5% in First Five Months of 2026

Russia exported 14.5 million metric tons (mmt) of liquefied natural gas (LNG) between January and May, marking an 11.5% increase compared to the same period last year, according to Reuters. The growth was driven b ...

Russian PM: OPEC+ Alliance to Bolster Cooperation Despite UAE Withdrawal

The Organization of the Petroleum Exporting Countries and allies (OPEC+) will maintain cooperation despite the United Arab Emirates’ (UAE) withdrawal, Russia’s Deputy Prime Minister Alexander Novak stated.
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Russia to Reroute Kazakh Crude Oil Volumes Amid Druzhba Pipeline Disruptions

Russia will reroute crude oil volumes originating from Kazakhstan that had been destined for Germany through the Druzhba pipeline to alternative export channels beginning May 1.

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 ...

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