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Austria's OMV secures $243 million arbitral award for Gazprom's irregular German gas supplies

Austrian integrated oil and gas company OMV announced on Nov. 13 that it had secured an arbitral award from the International Chamber of Commerce exceeding $243 million (230 million euros). This ruling relates to irregularities in German gas supplies provided by Gazprom. OMV noted that the award, which includes interest and costs, will help offset […]

Ukraine

November 15, 2024

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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 stood at over 130 billion cubic meters. […]

Ukraine

January 9, 2025

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Orban says Hungary proposing ‘trick’ to keep Russian gas shipments via Ukraine

Hungary is in talks with Moscow and Kyiv hoping to keep open gas shipments via Ukraine, the country’s Prime Minister Viktor Orban said on Dec. 21. Ukraine has said it will not extend the transit agreement for Russian gas through its territory, set to expire on Dec. 31. The decision has prompted concerns from Hungary […]

Ukraine

December 21, 2024

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Russia loses key leverage over Europe after Ukraine halts gas transit, FM Sybiha says

Foreign Minister Andrii Sybiha said on Jan. 2 that halting the transit of Russian gas through Ukraine has stripped the Kremlin of one of its remaining tools to pressure European nations. Ukraine terminated Russian natural gas transit through its territory on Jan. 1. Kyiv repeatedly warned it would not renew the transit agreement to avoid […]

Ukraine

January 2, 2025

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Russia cutting off gas sent to Austria via Ukraine, Austrian gas supplier says

Russia's Gazprom Export announced that its supply of natural gas to Austria is ending on Nov. 16, according to OMV, Austria's largest gas supply company. The Austrian energy company said it had expected this to occur and will continue to import gas from Germany, Italy and the Netherlands, according to a report from Deutsche Welle. […]

Ukraine

November 16, 2024

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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 energy infrastructure. Workers from TiraspolTransGaz, […]

Ukraine

January 10, 2025

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Putin, Slovak PM discuss gas transit, standardizing 'mutual relations,' Fico says after Kremlin meeting

Slovak Prime Minister Robert Fico and Russian President Vladimir Putin discussed gas transit, the war in Ukraine, and standardizing "mutual relations" between Russia and Slovakia during their meeting on Dec. 22, Fico said. Fico held talks with Putin at the Kremlin on Dec. 22 during a visit to Moscow. The meeting with Putin was "a […]

Ukraine

December 22, 2024

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Slovakia may cut aid to Ukrainian refugees over Russian gas transit halt, PM Fico says

Slovakia could reduce aid for Ukrainian refugees in response to Ukraine’s decision to terminate Russian gas transit through its territory, Slovak Prime Minister Robert Fico said on Jan. 2 While Fico said that Slovak households would not face energy shortages, he said Slovakia stands to lose €500 million ($513 million) annually in transit revenue. Ukraine […]

Ukraine

January 2, 2025

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Konstantin Samoilov – Russia’s Economy Shows Signs of Strain and Fragility as…

Silicon Curtain

October 6, 2023

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Russia condemns new US sanctions on energy sector, says it will continue oil and gas projects

Russia criticized the latest U.S. sanctions targeting its energy sector on Jan. 11, describing them as an effort to harm Russia's economy while risking instability in global markets. Despite this, the country's Foreign Ministry said Russia would continue pursuing major oil and gas projects. The ministry condemned Washington's "hostile" actions, announced on Jan. 10, and […]

Ukraine

January 11, 2025

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Russia ready to export gas to EU via routes bypassing Ukraine, official claims

Russia is ready to supply natural gas to Europe through alternative routes bypassing Ukraine, Russian Deputy Prime Minister Alexander Novak claimed on Dec. 25 on Russian state-controlled television. The declaration comes after President Volodymyr Zelensky confirmed during a press conference on Dec. 19 that Ukraine would not extend the transit agreement for Russian gas through […]

Ukraine

December 25, 2024

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Transnistria faces industrial collapse after Russian gas suspension, senior official says

The cessation of Russian gas supplies via Ukraine has halted all industrial activity in Moldova's Russian-occupied Transnistria, Sergey Obolonik, the first deputy chairman of the Transnistrian administration, said on Jan. 2. Russia’s state-owned energy giant Gazprom suspended gas supplies to Moldova on Jan. 1, citing unpaid debts by Moldovagaz. Moldovan officials, however, argue that these […]

Ukraine

January 2, 2025

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