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Russia’s energy sector is diverse and includes significant outputs of global oil, gas, coal, nuclear and other energy resources. Russian energy sector has focused on stabilizing production and redirecting exports to Asian markets while navigating tightened Western sanctions, while increasing exports of NPP technologies. Explore investment and partnership opportunities in Russia’s vast energy sector. Get the latest analysis on oil, gas, and renewable projects. Key intelligence for global energy businesses and investors.

Featured March 31, 2026

Russia Not To Supply Any Oil To Countries Imposing Price Caps

The Russian Deputy Foreign Minister Andrey Rudenko has stated that Russia will not export oil to any countries imposing a price cap. This affects all the G7 nations including the European Union, who have imposed price caps at US$45 a barrel for Russian fuel oil. However, volatility created by the conflict in Iran has seen prices fluctuate between US$75 to above US$100 a barrel while Russia has shifted its energy export priorities to markets in Asia. JP Morgan analysts suggest the price could reach US$150 a barrel if the Strait of Hormuz is not reopened soon.

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Featured March 31, 2026

Russia Agrees Extension Of LNG Supplies To Serbia

Russia has agreed to extend a gas supply contract with Serbia ‘on favourable terms’ following conversations between the Russian and Serbian Presidents. The existing contract was due to expire on March 31. Alternative energy supplies to Serbia have significantly dropped since the Iran conflict began, however Belgrade has a good relationship with Moscow meaning it can mitigate against these problems.

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March 26, 2026

Russian Energy Minister: Russia Can Make Up Middle East Oil Shortfalls To Countries In Need

Russia’s Energy Minister, Sergei Tsivilev has stated that Russia has enough oil and gas supplies to meet its own needs, fulfill outstanding contracts, and supply all countries who ask for deliveries. He said ‘a profound transformation is happening, even in mindsets’ as regards global energy supplies and Western sanctions policies.

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March 25, 2026

Rosatom Invites Friendly Countries To Use MBIR Facility For Nuclear Energy Development: Europeans Excluded

Russia has invited scientists from ‘friendly countries’ to participate in nuclear energy research at the world’s largest such facility, RIAR in Dimitrovgrad. This excludes European scientists. We examine the differences between Russia and Europe’s nuclear power generation capabilities, the reasons for this exclusion and Rosatom’s developing plans for expanding nuclear energy use on an international basis.

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March 25, 2026

Russia To Collaborate With Brazil On Uranium Extraction & Nuclear Development

Russia’s Uranium One Group (part of TENEX, a Rosatom subsidiary) and Brazil’s NBEPar have signed an agreement to establish a joint venture in Brazil. Part of the new companies remit will be to assess and develop uranium deposits in the country with an additional view of developing Brazil’s nuclear energy sector.

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March 24, 2026

Russia, Vietnam Sign Nuclear Power Plant Agreement

Russia and Vietnam have signed Nuclear Energy Agreements that pave the way for the development of a NPP in Vietnam. The agreement provides for the construction of a 2,400 MW NPP, and regulates the terms and key areas of cooperation between the parties in implementing the project. It sets up the necessary legal framework for the plant’s construction and will determine the course of Russian-Vietnamese nuclear cooperation for decades to come.

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