(KYIV, UKRAINE) – Russia is speeding up the creation of a shadow fleet to carry liquefied natural gas ahead of a full European Union ban on Russian LNG imports. The ban takes effect from 1 January 2027. The Foreign Intelligence Service of Ukraine reported the development. It said the KremlinContinue Reading
(LONDON, UK) – Oil prices fell on Thursday after gains in previous sessions. Attention shifted to expectations of weaker global demand this year, while no progress was made on reopening the Strait of Hormuz. Brent crude futures fell by 42 cents, or 0.47 percent, to $88.56 per barrel by 04:05Continue Reading
(ORSK, RUSSIA) – The Orsknefteorgsintez oil refinery in Russia stopped processing oil on Tuesday, 11 August, after a fire caused by a Ukrainian drone attack. Reuters reported the shutdown citing two industry sources. The drones attacked the plant, which is located about 1,900 kilometres east of the border with Ukraine.Continue Reading
(MOSCOW, RUSSIA) – Direct losses at Wildberries could exceed 100 billion roubles after a campaign against its warehouses destroyed at least 14 logistics hubs. The figure could reach 200 billion roubles under a pessimistic scenario, according to Ukraine’s Foreign Intelligence Service. The losses have broken the business model of Russia’sContinue Reading
(KYIV, UKRAINE) – Around 700 vessels that carry Russian oil are currently under sanctions globally. About half of those ships have stopped such activity, according to Vladyslav Vlasiuk, the Ukrainian President’s Commissioner for Sanctions Policy. Mr Vlasiuk spoke on television about Russia’s shadow fleet and the results of sanctions imposedContinue Reading
(NOVOROSSIYSK, RUSSIA) – Two of Russia’s largest grain terminals in the southern port of Novorossiysk have suspended operations following a night attack by Ukrainian drones. Reuters reported the suspension citing four industry sources. Russia is the world’s largest wheat exporter. Most of that export flows through its Black Sea ports,Continue Reading
(KYIV, UKRAINE) – Ukraine halted a campaign of drone strikes against oil tankers using a major Black Sea port after a direct request from US Vice President J.D. Vance, who warned that the attacks risked destabilising global oil markets and harming American energy companies. The request was made during aContinue Reading
(TOBOLSK, RUSSIA) – The ZapSibNeftekhim petrochemical complex in the Russian city of Tobolsk in the Tyumen region has been closed for an indefinite period following a drone attack, Reuters reported, citing three industry sources. One source told the news agency that the facility had been halted with no timetable forContinue Reading
(ZAPORIZHZHIA, UKRAINE) – Operations at the Zaporizhstal steel mill have been completely shut down after a Russian ballistic missile strike overnight hit the industrial site, killing seven employees and wounding 21 others. The attack struck the plant shortly after an air raid alert was declared, catching workers as they wereContinue Reading
(KYIV, Ukraine) – The Zaporizhzhia Nuclear Power Plant is rapidly losing its ability to be restored to working order as a result of Russian military activity and prolonged neglect at the occupied facility, a Ukrainian energy expert has warned. Oleksandr Kharchenko, director of the Centre for Energy Research, told mediaContinue Reading
