Within weeks of U.S. President Donald Trump saying he wanted to do a deal with Kyiv on its “rare earths and other things,” it became clear the U.S. wasn’t just interested in Ukraine’s critical minerals and rare earth elements. U.S. Treasury Secretary Scott Bessent visited
The following is the Feb. 18, 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. Ukraine's natural resources — We'll take them all please It all seemed to be going swimmingly at first. President
Slovak gas company SPP began importing Russian gas again through the TurkStream pipeline on Feb. 1, with plans to double supplies by April, Slovak news agency TASR reported on Feb. 6.
Moldova will supply 3 million cubic meters of gas to the Russian-occupied Transnistria region on February 1, under an agreement signed earlier in the week, Reuters reported.
The Justice Ministry has requested the Supreme Anti-Corruption Court to confiscate the assets of the Russian oil company Tatneft in Ukraine, Deputy Minister Iryna Bogatyk announced on Jan. 27.
Slovakia's pro-Western opposition parties announced plans to initiate a vote of no confidence in Prime Minister Robert Fico's government, citing concerns over his governance and foreign policy direction, TASR news agency reported on Jan. 14.
Russia's Foreign Ministry argued the U.S. sanctions represented "an attempt to inflict at least some damage to the Russian economy, even at the cost of the risk of destabilising world markets."
A drone strike reportedly hit the Taneko oil refinery in Tatarstan, Russian Telegram channel ASTRA reported on Jan. 11.
Slovak Prime Minister Robert Fico called Ukraine an unreliable partner and accused President Volodymyr Zelensky of blackmailing European leaders for support at a parliamentary meeting on Jan. 10.
Russian and Kazakh oil shipments to Hungary, Slovakia, the Czech Republic, and Germany via the Druzhba pipeline have been halted since Dec. 19 due to technical issues at a Russian pumping station, Reuters reported, citing anonymous sources.
Discussions reportedly include lowering the current $60-per-barrel cap to approximately $40 or even implementing a complete ban on Russian oil supplies.
Shares of Russian gas giant Gazprom fell to their lowest level since January 2009, The Moscow Times reported on Dec. 17.
The two tankers, which reportedly sank on Dec. 15 due to severe weather conditions, were carrying approximately 4,000 tons of fuel oil on board each.
The Petroleum Industry of Serbia, primarily owned by Russia’s Gazprom Neft and its parent company Gazprom, is Serbia’s exclusive gas supplier and controls the main pipelines delivering gas from Russia to Serbian households and industries.
Austrian oil and gas company OMV has terminated its long-term gas supply contract with Russia's Gazprom Export, the OMV website reported on Dec. 11.
Supply to customers was not affected by a leak on one of the branching pipes of the Russian Druzhba pipeline in Poland, the Polish operator Pern said in a statement on Dec. 1.
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. This ruling relates to irregularities in German gas supplies provided by Gazprom.
Slovak Prime Minister Robert Fico said he plans to resume "economic and standard relations" with Russia after the end of Moscow's war against Ukraine, the RTVS broadcaster reported on Oct. 3.
The following is the Sept. 25, 2024 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. Kyiv’s iconic “Hotel Ukraina,” located on the city’s central Independence Square, also known as Maidan Nezalezhnosti,
The following is the Sept. 17, 2024 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. Ukraine passes latest IMF review Ukraine passed its latest loan program staff review with the International Monetary Fund
Norway's energy sector is under threat of sabotage from Russia, Norwegian security chief Beate Gangaas told Reuters on Aug. 27, as European security services briefed Norwegian energy officials on potential Russian threats.
Hungary will not face oil shortages due to Ukraine's decision to block Lukoil PJSC's crude transit, according to Zsolt Hernadi, CEO of Hungarian oil and gas conglomerate MOL Group.
Authorities opened a preliminary criminal case into the potential violation of industrial health and safety standards, RIA Novosti said.
In the first half of 2024, Ukraine's largest gas producer, Ukrgasvydobuvannya, pumped 8.8% more gas than in the same period last year, the company announced on July 16.
The operator of the world's largest oil refining complex, India's Reliance Industries, has reached a one-year agreement with Russia's state-controlled oil company Rosneft to purchase oil in rubles, Reuters reported on May 28.
Two drones crashed into a fuel station in Livny, a town in Russia's Oryol region, overnight on May 27, according to the local governor.
"We have neither supported nor enabled strikes by Ukraine outside of its territory," Blinken said, responding to a question from a journalist about the Ukrainian strikes on Russian oil refineries.
Ukrainian drone attacks targeted three oil refineries deep inside Russian territory, in what President Vladimir Putin described as an attempt to disrupt the upcoming presidential election. The facilities hit by Ukrainian drones in the past days account for about 12% of Russia’s oil-processing capacity.
