Western media reported that Russia pummeled Ukraine’s energy infrastructure with a large-scale drone and missile attack on Saturday, injuring at least 19 people. The Ukrainian military claimed that it had downed 35 out of the 53 missiles launched at targets across the country overnight on 1 June as well as …
Read More »Russian Fuel Terminal Resumes Exports after Ukrainian Drone Attack
An oil products export terminal at Russia’s biggest port on the Black Sea, Novorossiysk, has resumed loadings of tankers for exports following a Ukrainian drone attack at the facility last week, Reuters reported on Monday, citing data from LSEG and industry sources. The terminal, Importpischeprom, suspended operations on Friday following …
Read More »Germany Warns Russia against Using Nuclear Weapons in Ukraine War
Following Russia’s announcement of drills involving the use of tactical nuclear weapons, German Chancellor Olaf Scholz warned Moscow on Monday against deploying atomic weapons in the Ukraine war. “It is always important to say loudly that nuclear weapons must not be used in this war,” Scholz said at a press …
Read More »Russia is Bringing back Refining Capacity Hit by Ukrainian Drones
Russia has brought back online some oil refining units in recent weeks, reducing the capacity taken offline by Ukrainian drone hits to around 10%, from 14% at the end of March, calculations by Reuters showed on Monday. The refining capacity in Russia that is currently offline due to drone attacks …
Read More »U.S. has Urged Ukraine to Stop Attacks on Russian Refineries
The United States has repeatedly urged Ukraine to halt its drone attacks on Russian oil refineries due to Washington’s assessment that the strikes could led to Russian retaliation and push up global oil prices, the Financial Times reported on Friday, citing sources familiar with the exchange. The White House has …
Read More »Ukraine Steel Giant Faces 31% Drop in Steel Production
Ukrainian metals and mining group Metinvest recently reported a 31% decrease year on year in its crude steel production for 2023, citing Russia’s ongoing invasion of the country. On February 16, the company announced its decision to halt steel manufacturing activities at its assets in Mariupol, Avdiivka, and Zaporizhzhia. This …
Read More »EU to Decline Extending Agreement on Russian Gas Transit via Ukraine
The EU says that it sees no need to extend Russia’s five-year contract to supply gas to Europe via Ukraine, which is due to expire at the end of 2024. Energy Commissioner Kadri Simson said that alternative supplies have now been sourced by countries that were once served by the …
Read More »Novatek Resumes Fuel Processing after Ukrainian Drone Attack
Russia’s Novatek restarted earlier this week fuel processing at its complex on the Baltic Sea damaged last month in a suspected Ukrainian drone attack, industry sources told Reuters on Wednesday. Novatek’s export terminal and processing site at Russia’s Ust-Luga port on the Baltic Sea was damaged in January by what …
Read More »Russia Sees Alternative Gas Routes if Ukraine Transit Deal isn’t Extended
Russia could use alternative routes to send natural gas via pipeline to Europe if the current Russia-Ukraine gas transit deal is not extended beyond its expiry date at the end of 2024, Kremlin spokesman Dmitry Peskov said on Friday. Peskov, however, warned that there would be logistics changes along the …
Read More »Novatek’s Baltic Terminal Attacked by Long-Range Drones from Ukraine
Ukrainian forces conducted a drone attack on Russia’s largest Baltic port over the weekend. The operation, which used two long-range drones, resulted in a massive fire at Novatek’s gas terminal with all staff evacuated. Four tankers were moored at the port at the time of the attack. They quickly left …
Read More »
Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel