Oil & Gas

Ukrainian civil society leaders call for extension of Nord Stream 2 sanctions

By Ukrainian civil society leaders

Representatives of Ukraine’s civil society have penned an appeal to the US Senate Foreign Relations Committee calling for the extension of United States sanctions on Russia’s Nord Stream 2 gas pipeline.

Russia’s economically vital energy sector is Vladimir Putin’s Achilles’ Heel

By Oleksiy Zagorodnyuk

By introducing additional sanctions on Russia's energy industry and intensifying implementation cooperation, the West can undermine Putin's ability to wage war and strengthen the global order against further acts of international aggression, writes Oleksiy Zagorodnyuk.

Russia’s economy is overheating but Putin cannot change course

By Alexander Mertens

Russia's wartime economy is in danger of overheating due to a combination of record military spending, sanctions pressures, and runaway inflation, but Vladimir Putin dare not change course, writes Alexander Mertens.

Hungary’s Russian oil deal threatens EU solidarity

By Sergiy Makogon

By striking a deal to resume Russian oil transit through Ukraine, Hungarian oil and gas company MOL undermines Europe's collective action against Russia. The European Union must respond quickly and decisively with solidarity to close sanctions loopholes.

Turkish Energy Minister Alparslan Bayraktar offers an ‘energy transformation roadmap’

Bayraktar spoke at the Regional Conference on Clean and Secure Energy about what Turkey is doing to reach its energy goals.

The infrastructure needed across Eastern Europe to achieve the region’s energy transition goals

At the Regional Conference on Clean and Secure Energy, officials from Eastern Europe discussed the infrastructure still needed to deliver secure energy across the region and to transition to renewable sources.

If the Middle East conflict gets worse, don’t hesitate to tap the US Strategic Petroleum Reserve

By Joseph Webster

While reserve inventories are at their lowest absolute levels in decades, the stockpile is very well-placed to meet its mission due to increased US oil production.