Iranian Ambassador to Russia Kazem Jalali says that Russia’s investment in Iranian oil fields is among the areas of energy cooperation between Tehran and Moscow. “We are cooperating with our Russian partners in the energy sector. First, there are investments by the Russian side in Iranian oil fields. We are …
Read More »EU’s Gas Supplies could still have Russian Gas Mixed in
The European Union will receive natural gas supplies that may have Russian gas mixed in, Czech energy minister Jozef Sikela told Bloomberg. Sikela has been tapped by the Czech government to be its member of the European Commission, and European Commission President Ursula von der Leyen has been said to …
Read More »Sanctioned Tanker to Arrive at Russia’s Arctic LNG Facility
A sanctioned LNG carrier is enroute to the Arctic LNG 2 facility to load what would be the fourth cargo of liquefied gas from the newest LNG facility in Russia. Bloomberg cited ship-tracking data as showing Everest Energy moving to the facility on the Gydan Peninsula in Siberia. The vessel …
Read More »Russia’s Pipeline Natural Gas Exports to Europe Dropped in August
Russian natural gas pipeline exports to Europe declined by 2% in August compared to both August last year and July 2024, according to estimates by Reuters published on Monday. Last month, gas giant Gazprom’s average daily pipeline shipments to Europe fell to 89.6 million cubic meters, down by 2% month-on-month …
Read More »Germany Set to Extend Trusteeship of Local Rosneft Assets
Germany expects to extend for another six months its trusteeship over the German assets of Rosneft while Qatar and the Russian oil giant are reportedly in talks over a sale to the gas-rich Gulf nation, sources with knowledge of the situation told Reuters on Monday. Schwedt is the fourth-largest refinery …
Read More »Russia Looks to Scale up Arctic LNG Exports as Shadow Fleet Grows
Russia appears to be preparing for an increase in exports from its US-sanctioned Arctic LNG 2 project, prompting warnings of an uptick in the use of high-risk “shadow” tankers. Article LNG 2, a US$20bn facility located in the Gydan Peninsula in northern Russia and developed by Russian energy company Novatek, …
Read More »U.S. Expands Sanctions on Entities Involved in Russia’s Arctic LNG 2
The U.S. State Department is intensifying efforts to derail Russia’s Arctic LNG 2 exports by targeting companies involved in the development of the project and vessels found to have loaded LNG from the facility. Located in the Gydan Peninsula in the Arctic, the Arctic LNG 2 project was considered key …
Read More »Russia’s Coal Reserves to Last over a Century despite Market Pressures
Russia has announced that it possesses more than a century’s worth of coal reserves, signaling its enduring role as a key player in the global energy landscape despite facing Western sanctions. According to Alexander Kozlov, Russia’s Minister of Natural Resources and Environment, the country’s coal reserves are estimated at an …
Read More »U.S. Sanctions Seven Ships Tied to Russia’s LNG Export Fleet
The U.S. has imposed sanctions on seven liquefied natural gas carriers linked to Russia, including vessels believed to have loaded at its newest export facility in the Arctic region. LNG vessels included Pioneer and Asya Energy, which loaded the first two shipments from the Arctic LNG 2 project previously sanctioned …
Read More »Arctic LNG 2 Expansion Delayed to 2028 amid Sanctions Pressure
Russia’s Novatek has once again hit a snag with its Arctic LNG 2 project, postponing the start of its third line from 2026 to 2028, according to RBC Media. This delay is a direct consequence of the Western sanctions imposed due to Russia’s ongoing conflict with Ukraine. These sanctions have …
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