Energy

Hungary

Russia-Hungary 2025 Bilateral Trade & Relations: Update

Energy, Russian Market, Trade

The Russian Foreign Minister, Sergey Lavrov, has held phone discussions with Peter Szijjártó, Hungary’s Foreign Minister. Hungary is a member of the European Union, but it has been extremely critical of Brussels’ approach towards Russia and is seeking to maintain cordial and developing ties with Moscow. Russia is working out the contours of a future […]

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LatAm

Russia Eyes the Latin American LNG Supply Market

Energy, Exports, Latin America, Trade

Russia is eying opportunities to enter the Latin American gas market, with the main LNG customers expected to be Argentina, Bolivia, and Chile. Despite the vaguely anti-Russian rhetoric of Argentinian President Milei, interest from Argentina remains, and the country possesses LNG terminals capable of receiving Russian gas. Bolivia, meanwhile, is Russia’s closest partner and logistics

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Gazprom

Gazprom Boosts Power of Siberia Gas Supplies to China by 35%

China, Energy, Exports, Infrastructure

Gazprom has boosted gas supplies to China via the Power of Siberia pipeline to 100 billion cubic meters, according to Alexei Miller, Gazprom’s CEO. Miller said, “The first 100 billion cubic meters of Russian gas out of over one trillion envisaged under the industry’s largest gas contract ever have been supplied to China via the

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Rosatom

Rosatom Planning To Commission NPP In Bangladesh, Bolivia and Turkiye

Energy, Exports, Infrastructure, Trade

Russia’s Rosatom state nuclear energy corporation will continue working this year to ensure that multiple power units are ready for commissioning in Bangladesh, Bolivia, and Turkiye, according to  Atomenergoprom. The company is a 100% state-owned holding company that unifies the Russian civil nuclear industry and is part of the Rosatom state corporation. Interest on the

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Brazil

Rosatom Proposes Small Nuclear Power Plants And High Capacity Units To Brazil

BRICS, Energy, Exports, Latin America, Trade

Russia’s Rosatom state nuclear power corporation has proposed projects to Brazil involving both small nuclear power plants (SNPP) and high-capacity power units, according to Rosatom Latin America Director Ivan Dybov. He commented at the Nuclear Trade & Technology Exchange conference in Brazil. Dybov said that “Emphasizing the importance of nuclear projects for addressing climate challenges

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Greek

Greek Shipping Owners Profiting From Russian Use Crude Oil Tankers

Energy, Infrastructure, Logistics & Transport, Trade

Data from Vortexa, the shipping analysts, show that Greek shipping operators have jumped at the chance to lift price cap-compliant Russian oil, with the volume of Russian crude being carried on Greek-operated Aframax tankers jumping to a 12-month high. The shipping boost is due to Russia offering discounted oil to buyers in India and Turkiye,

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Russia Bahrain Flags

Russia, Bahrain, Discuss Oil Energy Stability And OPEC+ Production Agreements  

Energy, Exports, Investment, Middle East, Security, Trade

Russian Deputy Prime Minister Alexander Novak and Bahrain’s Oil and Environment Minister Mohamed bin Mubarak Bin Dainah have been discussing cooperation under the OPEC+ agreement, with eyes on production guarantees for ensuring the stability and predictability of the world oil market. They have agreed to coordinate relations in this area, in response to Western sanctions

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India

Russian Exports Of Crude Oil To India Increase To An Estimated 1.8 Million Barrels A Day In May

Energy, Exports, India

India’s imports of Russian crude oil are expected to reach around 1.8 million barrels per day in May, the highest level in 10 months, according to ship-tracking data from Kpler. The surge is attributed to refiners purchasing more light grades, such as Russia’s ESPO Blend from the Eastern Siberian-Pacific Ocean pipeline. Traders predict that the

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Mining

Russia Introduces Tax Incentives To Increase Arctic Geological Exploration & Extraction

Energy, Infrastructure, Investment, Russian Market

Russia’s Ministry of Natural Resources plans to propose introducing a 1.5 multiplier for calculating profit tax for geological exploration in onshore Arctic and Far East territories, according to Alexander Kozlov, the natural resources minister. He was speaking at a State Duma session dedicated to the socioeconomic and infrastructure development of the Arctic. The use of

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Congo Pipeline

Russia To Sanctions-Proof Republic Of Congo Pipeline Investment

Africa, Energy, Infrastructure, Investment, Trade

Russia hopes to establish a sanctions-proof channel for the supply of petroleum products by building a petroleum product pipeline in the Congo and also to gain the status of a strategic partner in ensuring the energy security of the entire region, Russian Deputy Energy Minister Dmitry Islamov has stated to the State Duma. Islamov was

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