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2 mins read
China is set to be Russia's biggest pipeline gas customer this year as flows to Europe dwindle
Gazprom's gas flows via pipeline to China have surpassed flows to Europe in the first nine months o…
Kelly Cloonan
3 mins read
Russia says it's the bigger person for not cutting Europe's natural gas supply — but that's not all there is to it
Russia supplied 40% of Europe's gas before the full-scale invasion of Ukraine. It's now down to 15%.
Huileng Tan
2 mins read
Germany banned Russian gas from its ports, the latest move to isolate Putin's energy industry: report
Deutsche Energy Terminal has been sent a letter by the German economy ministry telling it to reject…
Mikhaila Friel
1 min read
One key country is holding up a natural-gas pipeline that would deepen ties between Russia and China
Mongolia won't fund the Siberia-2 pipeline for the next four years, throwing a wrench in a project …
Filip De Mott
2 mins read
Russia's lucrative oil and oil industry is an easy target for Europe after Trump's election victory
The European Commission's president said the European Union could boost US liquified natural gas pu…
Huileng Tan
2 mins read
Russia is flooding Europe with discounted gas to win back Western buyers
Gas markdowns of at least 10% are being seen in Central and Eastern Europe, the Center for Europea…
Filip De Mott
1 min read
Russia's oil and gas revenue is reportedly set to boom 50% this month
Russia's oil and gas sales are on track to reach $9.4 billion in June, Reuters estimated.
Jennifer Sor
1 min read
Russia stands to lose $6.5 billion a year if Ukraine doesn't renew a gas pipeline deal at the end of the year, report says
Ukraine also stands to lose around $800 million a year if it doesn't renew a gas pipeline deal with…
Jennifer Sor
1 min read
Russia's oil revenue plummeted 29% in October amid volatile global crude prices
One of Russia's largest revenue sources took a hit in October, with oil revenue falling nearly 30% …
Jennifer Sor
2 mins read
Russia could merge state-run oil companies to make the world's 2nd largest producer, report says
A deal to combine three of Russia's biggest oil firms would create the biggest producer in the worl…
Kelly Cloonan
3 mins read
How Saudi Arabia could create a crisis for Russia's economy
Saudi Arabia has signaled that is is ready to flood the market with oil if OPEC doesn't commit to c…
Filip De Mott
1 min read
Falling gas prices are yet another blow to the Trump campaign
Trump has made high gas prices under Harris and Biden a cornerstone of his campaign. One problem: G…
Katie Balevic
2 mins read
The US is sending less natural gas to Europe, complicating Europe's plans to cut off Russian gas
Last year, Europe still imported about 15% of its total gas supply from Russia, with about 9% comin…
Huileng Tan
7 mins read
Israel's strike back at Iran could hurt the Harris campaign in its final stretch if gas prices soar
Israeli and US officials have indicated Iran's oil facilities could be a potential target in retali…
Brent D. Griffiths,Chris Pane…
2 mins read
Russia's military is so hard up for manpower that it now pays more than the oil and gas sector
Russia is a major energy producer, and the industry's robust revenues have kept Moscow's war chest …
Huileng Tan
3 mins read
Russia pitches trading centers in a widening plan to move away from the US-dominated global financial order
Heavily-sanctioned Russia is a commodity giant and a major producer of oil, natural gas, gold, and …
Huileng Tan
3 mins read
Russia is likely trying to exploit the conflict in the Middle East to expand its influence, war experts say
As tensions rise between Israel and Iran, Russia is looking at ways to exploit the situation for it…
Thibault Spirlet
2 mins read
Russia's biggest energy company says it'll take it at least 10 years to recover gas sales lost because of the Ukraine war
The gas giant's export volumes won't return to pre-war levels until at least 2035, a firm-commissio…
Filip De Mott
3 mins read
Russia's economy faces 'near stagnation' with sanctions whittling down annual GDP growth, European economist says
Russia's economy could be losing as much as 3% of its GDP a year due to Western sanctions, a Europe…
Jennifer Sor
2 mins read
Russia's April oil and gas revenue could double despite Ukraine hammering its oilfields with drones, report says
Reuters projected Russian oil and gas revenue for April to come in at 1.292 trillion rubles, up fro…