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Energy News August 7, 2025: U.S. Pressures India, Petroleum Export, Oil Stabilization
... below the peaks of 2022–2023.
The energy geography of gas supplies to Europe has changed significantly over the last year. Here are the key changes in routes and sources:
Ceasing Transit through Ukraine:
From January 2025, all supplies of Russian pipeline gas through the Ukrainian gas transportation system have been completely halted after the expiration of the contract between Gazprom and Naftogaz.
Southern Corridor – Main Channel:
The only currently functioning route of Russian gas to the ...
An expert assessed the impact of increased gas exports on the Russian budget.
... will help minimize budget losses for Russia in 2025, Sergey Tereshkin, founder and CEO of the OPEN OIL MARKET petroleum products marketplace, told Izvestia on October 7.
"Gazprom continues to ramp up gas exports to Europe. In September 2024, pipeline gas deliveries to the EU increased by 3% compared to the previous month, reaching 101 million cubic meters per day. Over the first ten months of this year, deliveries rose by a third—from 73 million cubic meters per day in January–September ...
Current Situation: The USA Aims to Capture up to 70% of the European Energy Market
... domestic oil and gas. Leading analyst at Freedom Finance Global, Natalia Milchakova, pointed out that the refusal to accept Russian oil and gas will hardly affect state budget revenues. Prior to 2022, Russia supplied Europe with 160 billion cubic meters of pipeline gas, and now that figure stands at only 16 billion. According to Rystad Energy, by the end of 2024, 17.8 million tons of LNG were delivered as well. Ekaterina Kosareva noted that the main buyers of Russian oil today are China and India, which ...
Risks of Gas Supply Disruptions for Europe in Winter
As winter approaches, Europe may face serious disruptions in gas supplies due to reduced imports of Russian pipeline gas and instability in global energy markets. How is the European Union preparing for these challenges? In this article, we look at the main causes of potential disruptions, the EU’s response to diversify supplies and create reserves, as well ...
Under what conditions could the surviving line of the "Nord Stream" operate
A Frosty Winter Could Revive Gas Transit via Nord Stream. Analysis by OPEN OIL MARKET’s Tereshkin for the Vzglyad Newspaper.
The article explores the conditions under which the remaining branch of the Nord Stream 2 pipeline could become operational, considering the current state of the European gas market. It examines factors influencing gas price increases, including uncertainties surrounding transit through Ukraine, climatic conditions, and competition with Asia ...