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Russia

  • In the News

    EU Gas Security: Progress on Leaving Russia, But Cracks Show in Crisis Readiness

    by Victor Adetimilehin June 25, 2024
    by Victor Adetimilehin June 25, 2024

    The EU has taken steps to lessen dependence on Russian gas, but an audit identifies weaknesses in its readiness for potential future gas supply disruptions, including a lack of focus …

  • In the News

    Russia Offers Floating Nuclear Plants to Solve Africa’s Energy Crisis

    by Adenike Adeodun June 18, 2024
    by Adenike Adeodun June 18, 2024

    Russia proposes floating nuclear plants to African nations, aiming to solve energy challenges and support sustainable development across the continent.

  • In the News

    Russia’s Oil Production Pledges Tested as April Output Exceeds Quota

    by Victor Adetimilehin May 24, 2024
    by Victor Adetimilehin May 24, 2024

    Russia admitted to exceeding its oil production quota for April, attributing it to technical challenges. This surprise move casts doubt on Russia’s commitment to coordinated production cuts with OPEC+, a …

  • In the News

    EU Considers Ban on Russian LNG Exports in Next Sanctions Package

    by Victor Adetimilehin May 22, 2024
    by Victor Adetimilehin May 22, 2024

    The European Union wrestles with imposing new sanctions on Russia, including a potential first-ever ban on liquefied natural gas (LNG) exports. The bloc seeks to cripple the Russian economy but …

  • In the News

    China Stockpiles Russian Oil in New Reserve Base

    by Victor Adetimilehin April 16, 2024
    by Victor Adetimilehin April 16, 2024

    China is bolstering its energy security by stockpiling Russian ESPO blend crude oil, a move that also aids Russia in finding a market for its oil exports amidst challenges created …

  • In the News

    Russia’s Nuclear Power Push in Africa Sparks Geopolitical Debate

    by Motoni Olodun April 8, 2024
    by Motoni Olodun April 8, 2024

    Russia is intensifying its nuclear power outreach in Africa, triggering a flurry of discussions over the geopolitical implications of its expanding influence. With a focus on nuclear technology, Russia aims …

  • In the News

    Russia Says No Diesel Export Ban Needed

    by Victor Adetimilehin March 31, 2024
    by Victor Adetimilehin March 31, 2024

    Russia’s Deputy Prime Minister, Alexander Novak, announced on Friday that the country won’t restrict diesel exports. This decision comes amidst concerns about rising fuel prices and potential shortages following drone …

  • In the News

    Russia Relies on Belarus for Gasoline Amid Refinery Repairs

    by Victor Adetimilehin March 28, 2024
    by Victor Adetimilehin March 28, 2024

    Facing refinery repairs, Russia turns to neighboring Belarus to meet its gasoline needs. This temporary reliance highlights the interconnectedness of energy markets within Eastern Europe.

  • In the News

    Russia Slashes Fuel Exports After Drone Attacks and Fires

    by Victor Adetimilehin February 1, 2024
    by Victor Adetimilehin February 1, 2024

    Russia has drastically cut its gasoline and diesel exports to countries outside the former Soviet bloc, following a series of drone attacks and fires that damaged its refineries and fuel …

  • In the News

    Ukraine Drone Strike Sparks Massive Fire at Russian Fuel Terminal

    by Victor Adetimilehin January 22, 2024
    by Victor Adetimilehin January 22, 2024

    A Ukrainian drone attack on a Russian oil and gas facility in the Baltic Sea has triggered a huge blaze and disrupted fuel exports to international markets. The Ust-Luga complex, …

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