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EU gas transit

The Russian multinational energy corporation Lukoil depot of Neder-Over-Heembeek in Brussels, Belgium

Orban’s arguments crumble in Lukoil spat with Ukraine

by Dominic Culverwell

The Hungarian government’s arguments against Ukraine’s sanctions on Russian oil company Lukoil are falling apart. Hungary accused Ukraine of “blackmail” and endangering its energy security after Ukrainian sanctions blocked Lukoil, Russia’s second-largest oil company, from transiting crude oil through the Druzhba pipeline in June. Hungary and Slovakia

News Feed

12:13 AM

US toughens sanctions on Russian energy payments.

The Trump administration has toughened sanction on Russia's oil and gas industry on March 13 by not renewing an exemption that allows Russian banks to access U.S. payment systems to conduct energy transactions.
7:26 PM

John Bolton on Trump’s Russian policy missteps.

The Kyiv Independent’s Kate Tsurkan sat down with former U.S. National Security Advisor John Bolton to discuss why U.S. President Donald Trump considers Putin “a friend,” and why a ceasefire at this time would not be favorable for Ukraine.
1:34 PM

Russia opposes temporary ceasefire, top Putin aide says.

"We believe that our goal is a long-term peaceful settlement, and we are striving for that, a peaceful settlement that takes into account the legitimate interests of our country and our known concerns," said Russian presidential aide Yuri Ushakov.
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