Ukraine | Egypt Oil & Gas

Russia’s Seaborne Fuel Oil, VGO Exports Decline 6% in May Amid Ukraine Strikes

Russia’s seaborne exports of fuel oil and vacuum gasoil (VGO) declined by around 6% month-on-month (MoM) in May to 3.2 million metric tons, as Ukrainian drone strikes on energy infrastructure disrupted production and ...

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 President V...

Naftogaz Production to Recover as Ukraine Achieves Military Gains

After gas production at Ukraine’s Naftogaz took a 2% dip between January and August due to the Russian invasion, the company’s CEO Yuriy Vitrenko indicated that he planned to restore production as a result...

Gazprom to Send 42.4 mmcm Natural Gas Shipment to Europe via Ukraine

Russian energy giant Gazprom announced that it will send 42.4 million cubic meters (mmcm) of natural gas to Europe via Ukraine, Reuters reported. In an earlier statement, the company said that it would send 42.5 mmcm....

Russia Threatens to Stop Gas Shipments to Europe

Russian President Vladimir Putin has threatened to halt all energy shipments to Europe if Brussels implements its proposed plan to cap the price of Russian gas. The threat came in the midst of a speech by Putin at an ...

G7 May Restrict Russian Oil Shipments

If Moscow doesn’t heed a price cap, the wealthy nations of the Group of Seven (G7) are considering, among other things, to restrict the shipping of Russian oil to deprive Moscow of bumper revenues during its inv...

EU Reveals EUR 210B Plan to End Energy Dependence on Russia

The European Commission presented a EUR 210 billion plan for Europe to end its reliance on Russian fossil fuels by 2027, using the pivot away from Moscow to accelerate its transition to green energy, Reuters reported....

Russian Gas Nominations Through Ukraine’s Sokhranovka Drop to Zero

Ukraine’s gas pipeline operator reported on Wednesday that no Russian gas transit nominations were received at the Sokhranovka entry point for May 11, following Kyiv’s warning that this route could be shut...

Wintershall Dea Decides to Keep Its Assets in Russia

Wintershall Dea’s CEO Mario Mehren announced that his company decided to keep its projects in Russia after conducting intensive discussions . This announcement was made during the Wintershall Dea’s press confere...

Gazprom Continues to Export Gas to Europe through Ukraine

In response to requests from European consumers, Gazprom continued to supply natural gas to Europe via Ukraine on Sunday, Reuters reported. According to Gazprom, 57 million cubic meters were requested for 17 April.

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