Russia's gas production plummets following Ukraine's transit halt, media reports
The sharp decline is primarily attributed to Ukraine halting Russian gas transit through its territory on Jan. 1 after the expiration of a 2019 transit agreement.
Russian gas
'There is talk of Nord Stream' — Lavrov eyes Russia-US energy cooperation
"There is talk about Nord Stream. It will probably be interesting if the Americans use their influence on Europe and force it not to give up Russian gas," Russian Foreign Minister Sergei Lavrov said.
Ukraine accuses Russia of false flag attack on Sudzha gas metering station in Kursk Oblast
Russian media claimed that Ukrainian forces had struck the key gas transit facility, which plays a crucial role in Russian gas exports to Europe.
Sudzha gas metering station in Russia's Kursk Oblast on fire following multiple explosions
Explosions occurred at the Sudzha gas metering station in Russia's Kursk Oblast on the night of March 21, followed by a large fire, Russian media and Telegram channels reported.
Russian energy giant Gazprom suffers $13.1 billion loss in 2024
Gazprom's losses averaged $251 million per week, $35 million per day, or $1.4 million per hour. While the company's total revenue increased by 11% and its gas revenue by 14%, it still ended the year with a sales loss of 192 billion rubles ($2.3 billion).
Russia's Gazprom faces almost $20 billion in lawsuits from European energy firms
The claims stem from Gazprom's decision to drastically reduce gas deliveries to Europe in 2022 after Russian President Vladimir Putin demanded that payments be made in rubles.
Russia's oil, gas budget revenue in February drops by 18% year-on-year
Oil and gas revenues last month amounted to 771.3 billion rubles ($8.6 billion), a significant drop from 945.6 billion rubles ($10.5 billion) in February 2024 and a moderate decrease in comparison to 789.1 billion rubles ($8.8 billion) in January.
Putin ally pushing for US, Russia restart of Nord Stream 2, FT reports
Matthias Warnig, who led Nord Stream 2’s parent company on behalf of Kremlin-controlled gas giant Gazprom until 2023, is reportedly trying to establish contact with U.S. President Donald Trump's team through American businessmen.
EU imports of Russian fossil fuels exceeded aid to Ukraine in third year of the Russian invasion, report says
The EU paid 21.9 billion euros ($22.9 billion) for Russian fossil fuel imports in the third year of Moscow's invasion of Ukraine, exceeding the 18.8 billion euros ($19.6 billion) in financial aid sent to Ukraine that year, according to a new report by the Center for Research on Energy and Clean Air published on Feb. 24.
EU seeks more US gas to replace Russian supplies
The EU is also looking to develop renewable energy faster to reduce its overall dependence on the fuel, EU Energy Commissioner Dan Jorgensen said.
Transnistria rejects EU aid offer under Moscow's pressure, Moldova's PM says
Moldovan Prime Minister Dorin Recean said that Tiraspol rejected the EU's financial assistance allegedly due to conditions attached to the aid package. He attributed the decision to Russian influence.
Ukraine's drones reportedly strike Russian energy facilities in Astrakhan, Volgograd oblasts
Ukrainian drones attacked energy facilities in Russia's Astrakhan and Volgograd oblasts overnight on Feb. 3, causing a fire, according to local authorities.
EU denies any links between Russian gas purchases, Ukraine peace talks
Earlier the same day, the Financial Times (FT) reported that EU officials are discussing the possibility of resuming purchases of Russian gas as part of a potential settlement of Russia's war in Ukraine.
Ukrainian detained in Slovakia over alleged coup plot, media reports
Ukraine's Foreign Ministry told media that the Ukrainian, born in 1966, is accused of "threatening the national security" of Slovakia.
EU debates restarting Russian gas purchases as part of Ukraine peace deal, FT reports
The proposal's advocates, including Hungarian and German officials, argue that the move could give both Russia and Europe incentives to maintain a ceasefire while stabilizing the continent's energy market, the Financial Times wrote.
EU not considering banning Russian LNG until it secures alternatives, Reuters reports
The European Commission will not propose implementing a ban on Russian liquified natural gas (LNG) imports in its upcoming sanctions package amid concern among member states about first securing an alternative from other countries, including the United States, EU diplomats told Reuters on Jan. 29.
Germany ramps up Russian LNG imports via EU ports, report says
Germany's imports of Russian liquified natural gas (LNG) via other EU countries continue to rise despite efforts to cut off direct shipments, the Financial Times wrote on Jan. 28, citing a report by Belgian, German, and Ukrainian NGOs.
EU to continue talks with Ukraine on gas supplies to Europe, including Hungary, Slovakia, Reuters reports
"The (European) Commission is ready to continue discussions with Ukraine on the supply to Europe through the gas pipeline system in Ukraine," the statement said.
Zelensky offers Ukraine as transit hub for Azerbaijani gas to Europe
President Volodymyr Zelensky emphasized that Azerbaijan has significant export capacity, with the ability to send up to 25 billion cubic meters of gas, and that Ukraine can provide the necessary infrastructure to transport it.
EU plans to eliminate Russian fossil fuels, aims to end gas imports
Gas deliveries from Russia to Europe persist despite the EU's efforts, and Brussels is determined to halt this, Anna-Kaisa Itkonen, the EU’s spokesperson for energy and housing, said on Jan. 20.
Slovak opposition leader arrives in Kyiv to 'reopen door Fico slammed'
"Our goal is clear — to reopen the door that Robert Fico slammed with his aggressive outbursts," pro-Western opposition leader Michal Simecka said on social media.
Ukraine Business Roundup — A key mine closes and Russia’s gas sector is out of options
The following is the Jan. 15, 2025 edition of our Ukraine Business Roundup weekly newsletter. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. Metinvest, Ukraine's largest steel producer, said on Jan. 14 that it had suspended operations at the Pokrovsk coking
Transnistria to receive Russian gas as humanitarian aid, head of breakaway region says
Russia’s state-controlled energy giant Gazprom halted gas supplies to Moldova on Jan. 1, citing alleged unpaid debts by Moldovagaz.
Fico will not visit Kyiv, Slovak lawmaker says
The development is the latest in an escalating conflict between Ukraine and Slovakia over Kyiv's decision to stop Russian gas transit.
Fico invited Zelensky to Slovakia to discuss gas transit via Ukraine; Zelensky responds
Slovak Prime Minister Robert Fico said he would like to hold a meeting with President Volodymyr Zelensky in Slovakia near the border with Ukraine "as soon as possible." "Okay. Come to Kyiv on Friday," Zelensky responded.
Fico refused Kyiv's offers to help with gas supplies, Zelensky says
"We offered our assistance to the people of Slovakia during their adaptation to the absence of Russian gas transit, but Fico arrogantly refused," Zelensky said on Jan. 12.
Far-right Slovak delegation flies to Moscow for talks on Russian gas supplies
Andrej Danko, co-leader of the delegation, claimed that Warsaw refused to allow their flight to enter Polish airspace and the plane had to be rerouted via Czechia and Germany.
As Russia cuts Transnistria from gas, stranded locals search for someone to blame
VARNIȚA, Moldova — The buzzing sound of chainsaws and generators is now common in Varnița, a village of 5,000 that borders Moldova's Russian-controlled region of Transnistria. Located next to the Russian-controlled city of Bender (Tighina), the village is subordinated to Chișinău but depends on the neighbouring breakaway region for its
Russia’s gas sector is running out of options after end of transit deal
Ukraine’s decision to end the gas transit deal with Russian energy giant Gazprom has been hailed by President Volodymyr Zelensky as one of Moscow’s biggest defeats. "When (Russian President) Vladimir Putin was handed power in Russia over 25 years ago, the annual gas pumping through Ukraine to Europe
Slovak PM threatens Ukraine with aid cuts over halted Russian gas transit
Fico said that Slovakia could halt its humanitarian aid to Ukraine, cut or cancel social benefits for Ukrainian refugees, and cease emergency electricity supplies to Ukraine. He also suggested using veto power over EU decisions as leverage against Kyiv.
End of Russian gas transit via Ukraine one of Moscow's 'most costly defeats,' White House says
Ukraine's move will deprive Russia of about $6.5 billion in annual revenue from gas sales to Europe, according to U.S. National Security Council spokesperson John Kirby.
Ukraine to help Moldova amid worsening energy crisis
"An important task now is to help Moldova overcome its energy challenges and prevent Moscow from stirring up social tensions. ... We are ready to help," President Volodymyr Zelensky said on Jan. 8.
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