Russia has imposed an immediate halt on foreign oil tanker loadings at its key Black Sea export hubs, citing a new port security decree that requires Federal Security Service (FSB) clearance for all foreign vessels—a move that will disrupt over 2% of global crude supply. The restriction, which took effect immediately following President Vladimir Putin’s […]
Hungary’s Foreign Minister Peter Szijjarto said the country was making progress in talks with Moscow and Belgrade on building a new oil pipeline between Hungary and Serbia. Szijjarto said, “While Brussels is blocking Russian energy supplies, cutting off connections, and blocking routes, we need new sources and new routes. Hungary will not fall victim to
Russia Discusses Oil Pipeline Construction with Hungary and Serbia Read More »
Russia shipped a record amount of pork to North Korea in H1 this year, with exports from January to June amounting to 1,200 tons, according to the Russian Agroexport Center. This is more than double the total of 700 tons exported for all of 2024. Agroexport said that other Russian agricultural goods exports to North
Russia, North Korea Food Trade Showing Significant Growth Read More »
Japan has begun ‘reinterpreting’ its sanctions on purchases from Russia, with a variety of products being reassessed and permitted to be traded. The reasons range from waivers due to Japanese strategic requirements and its domestic needs, to re-evaluating sanctions terminology and a prior over-strict approach to which products were included. Japanese Government Imports Oil From
Russia’s Deputy Prime Minister Alexander Novak and Nigeria’s Finance Minister and Coordinating Minister for Economic Affairs Olawale Edun have discussed their respective cooperation in the global energy sector, including coordination within the Gas Exporting Countries Forum (GECF) and OPEC+. Russia is one of the largest participants in OPEC+ and the second-largest oil exporter after Saudi
Russia’s Lukoil Uzbekistan Operating Company LLC has announced a tender to complete research work on the topic of features of the geological structure and oil and gas potential of the Cretaceous deposits at the Kandym uplift of the Chardzhou step in Uzbekistan. The tender documentation indicates that the work will be conducted in six stages
Lukoil Researching Kandym Oil and Gas Deposits in Uzbekistan Read More »
Gazprom CEO Alexei Miller has met with the board chairman of China National Petroleum Corporation (CNPC) Dai Houliang in Beijing, with Gazprom stating afterwards that “We commend the progress and prospects of the strategic partnership between Gazprom and CNPC. Russian gas is being reliably exported to China via the modern Power of Siberia gas pipeline,
Gazprom, China National Petroleum Corp Discuss Strategic Partnership, Power of Siberia Read More »
Russia wants Saudi companies to participate in developing standards for oil and gas equipment that are independent of the West, Industry and Trade Minister Anton Alikhanov has said. He was speaking at the Industrial Dialog: Russia – Saudi Arabia business forum held as part of the Innoprom 2025 exhibition currently taking place in Ekaterinburg. Alikhanov
Russia Asks Saudi Arabia To Join New Independent Oil & Gas Equipment Standards Institute Read More »
The Russian Foreign Minister, Sergey Lavrov, met with Mauro Vieira, the Foreign Minister Brazil on the sidelines of the BRICS summit in Rio de Janeiro. Brazil is a founding member of BRICS and the host country of this year’s event. During their conversation, Lavrov and Viera discussed upcoming Russian-Brazilian dialogue, and coordinated their actions in
Brazil, Russia and BRICS Trade Relations: July 2025 Update Read More »
The Russian Foreign Minister Sergey Lavrov has met with Foreign Minister of Türkiye, Hakan Fidan on the sidelines of the BRICS Summit in Rio de Janeiro. The two ministers had an in-depth exchange of opinions on the current international situation, and discussed their key bilateral issues, including the implementation of strategic projects in the energy
Russia, Turkiye Bilateral Relations: July 2025 Update Read More »
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