gas

Russia’s key revenues from oil and gas cut in half in May

Russia’s federal budget revenues from oil and gas fell by 53% in May 2025 compared to April, dropping from 1.09 trillion rubles ($12.1 billion) to 512.7 billion ($5.7 billion), and were down 35% year-on-year, The Moscow Times reported on June 4.

4 June 2025, 04:44 PM

NV uncovers hidden gas flow from Crimea to occupied Ukrainian territories

NV has obtained documents revealing a scheme by the Russian government and Crimea's occupation authorities to supply energy from the annexed peninsula to occupied areas of Kherson, Zaporizhzhya and Luhansk oblasts on June 3.

3 June 2025, 11:39 AM

Russia’s oil and gas revenues fall sharply year-on-year in April

Russia’s oil and gas revenues fell 12% year-on-year in April 2025, dropping from 1.23 trillion to 1.09 trillion rubles (from $13.3 billion to $11.8 billion), The Moscow Times reported on May 7.

7 May 2025, 03:47 PM

Ukraine sees tenfold rise in gas imports since 2025 began

Ukraine has imported 1.12 billion cubic meters of gas since the start of 2025, a tenfold increase over the same period last year, according to ExPro data on May 5.

7 May 2025, 03:09 PM

Russia plans 1.8B cubic meters of gas supply to Iran in 2025

Russia could supply 1.8 billion cubic meters of natural gas to Iran this year, Russian Energy Minister Sergei Tsivilev announced on April 25.

25 April 2025, 05:46 PM

Fixed gas rate extended for Ukrainians until April 2026

Naftogaz of Ukraine has extended its Fixed tariff plan, keeping the gas price for the population at UAH 7.96 (about $0.22) per cubic meter until April 30, 2026, the company announced on April 23.

23 April 2025, 12:05 PM

EU rejects sanctions against Russian LNG imports

EU officials have scrapped plans to ban liquefied natural gas (LNG) imports from Russia as part of a broader set of sanctions, citing opposition from some governments and uncertainty over viable alternatives, Reuters reported on April 16.

17 April 2025, 12:29 AM

EU to present plan to replace Russian oil and gas imports in May

The European Commission will unveil a detailed plan in May to phase out Russian oil and gas imports, after twice delaying the announcement, Reuters reported on April 15.

15 April 2025, 02:08 PM

Gazprom eyes comeback as EU business leaders float return to Russian gas

Top executives at major European Union companies have begun quietly discussing the possibility of resuming at least partial imports of Russian gas — including direct purchases from Gazprom. Just a year ago, such a scenario seemed unthinkable.

14 April 2025, 04:10 PM

Saudi Arabia confirms discovery of 14 new oil and gas fields

Saudi Arabia has discovered 14 new oil and gas fields, according to a Reuters report on April 12.

12 April 2025, 07:18 PM

U.S. seeks control over part of Ukraine’s gas transit system in minerals deal

A previously undisclosed point in the Ukraine-U.S. agreement on minerals revealed that Washington sought control over part of Ukraine's gas transportation system, from the Russian to European border, Reuters reported, citing a source on April 12.

12 April 2025, 06:39 PM

Kremlin unable to impose strict gas payment scheme on buyers

Foreign buyers of Russian gas will be allowed to make payments through any Russian bank by midyear, Interfax reports on March 29.

29 March 2025, 03:45 PM

Norway helps fund critical gas imports for Ukraine’s energy security

Norway is providing an additional NOK 1 billion ($95 million) to finance gas imports to Ukraine, ensuring adequate gas supply for the population, businesses, and industry, the official statement on the country's governmental site wrote on March 26.

27 March 2025, 10:28 AM

Ukraine's record gas imports reflect ongoing energy struggle - Ukrainian MP

Due to Russian attacks, Ukraine will have to increase gas imports - but therefore raising a number of questions, Ukrainian MP Yaroslav Zheleznyak wrote on Telegram on March 26.

26 March 2025, 02:39 PM

EU pours more cash into Russian oil than Ukraine’s aid

The European Union spends more money on importing Russian oil and gas than on providing financial aid to Ukraine, the Center for Research on Energy and Clean Air (CREA) reported on Feb. 24, the third anniversary of Russia’s full-scale invasion.

24 February 2025, 01:46 PM

Ukraine boosts gas imports as Russian attacks target infrastructure

Gas imports to Ukraine in February reached 20 million cubic meters per day, peaking at 25 million on some days, due to Russian attacks on gas infrastructure, analyst Mykhailo Svyshcho told Ukrinform on Feb. 22.

22 February 2025, 01:05 PM

EU considers gas price cap amid soaring costs

The European Commission is considering introducing a gas price cap in the European Union in response to record price hikes over the past two years, The Financial Times reported on Feb. 12.

12 February 2025, 03:19 PM

Cyber specialists from Ukraine strike Russian cyberspace in key operation

On Feb. 7-8, Ukraine’s Defense Ministry and Armed Forces cyber specialists carried out a successful operation in Russia’s cyberspace, sources in the intelligence services told NV on Feb. 12.

12 February 2025, 11:58 AM

Expert discusses why Ukraine faces minimal gas reserves

In 2023-24, Ukraine stopped relying on external gas supplies, but domestic production still falls short of demand, Andriy Ursta, general manager for market development at DiXi Group, told NV Business on Feb. 12.

12 February 2025, 11:36 AM

Kremlin runs on empty as Russia eyes gas to pay for Türkiye’s nuclear plant

Russia, facing cross-border transaction issues due to sanctions, is negotiating the use of natural gas to pay for Türkiye’s first nuclear power plant, Bloomberg reported on Feb. 11, citing sources.

12 February 2025, 10:14 AM

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