Russia & CIS
Russia's Gazprom in Talks with Serbia on New Gas Supply Deal
Gazprom is negotiating a new natural gas supply contract with Serbia, which relies heavily on Russian gas via the TurkStream pipeline. Talks follow President Vucic’s recent visit to Moscow and aim to finalize a deal by May 31.
Wood Mackenzie Warns of Gas Turbine Supply Constraints Through 2040
Wood Mackenzie expects new gas-fired generation projects of around 890 gigawatt (GW) capacity to be added globally between 2025 and 2040, with the U.S. and China leading at 47% annual additions during the same period.
Italy’s Eni Supplied Russian Gas to Turkey Last Year Despite EU Shift
Italy’s Eni confirmed it delivered 6.2 billion cubic meters of Russian gas to Turkey in 2024 via the Blue Stream pipeline, despite halting Russian gas sales in Europe after the Ukraine invasion.
China’s April Crude Imports Rise 7.5% on Iran, Russia Supply Surge
China imported 11.69 million bpd of crude oil in April, up 7.5% year-over-year, led by strong deliveries from Iran and Russia. Stockpiling during refinery maintenance and discounted sanctioned barrels supported the increase.
Russia, China in Talks on Power of Siberia 2 Pipeline Agreement
Russia and China are advancing talks on the proposed Power of Siberia 2 gas pipeline, which would deliver 50 bcm of Russian gas annually via Mongolia. A deal remains under negotiation, Russian officials said.
Global Energy Exports Slide as Trade Risks Weigh on Oil and Fuel Demand
Global oil, LNG and fuel exports slowed in early 2025 as rising trade tensions and tariffs disrupt flows, pressuring demand across major import markets and raising risks for energy exporters.
TurkStream Gas Pipeline Could Slow EU, Russia Decoupling
TurkStream pipeline gas flows are rising, posing a challenge to the EU’s roadmap to phase out Russian gas by 2027. Southeast Europe’s growing reliance on the pipeline risks undermining European energy diversification efforts.
Saudi Arabia Can Control Oil Supply, But Demand May Be Its Achilles’ Heel
Saudi Arabia is flexing its oil supply control, but weakening global demand could undermine its strategy and pose challenges.
EU Considers Ban on New Russian Gas Contracts, Eyes Exit Options for Existing Deals
The European Commission is considering legal measures to forbid new Russian gas contracts and allow EU firms to exit existing deals without penalties, as part of efforts to further reduce reliance on Russian energy.
Ukraine Increases Gas Imports by 40% to Meet Supply Needs
Ukraine has increased natural gas imports by nearly 40%, turning to Hungary and Poland to offset war-related production losses and meet growing demand ahead of the winter season.
Trump Factor Fuels EU Debate Over Resuming Russian Gas Imports
As uncertainty grows over U.S. LNG reliability under a potential Trump presidency, EU leaders and energy executives are openly reconsidering Russian gas imports despite prior pledges to cut ties by 2027.
Caspian Pipeline Resumes Partial Kazakh Oil Loadings After Russian Court Ruling
The Caspian Pipeline Consortium resumed loading oil at one of two previously shut Black Sea's moorings, it said on Wednesday, after a court lifted restrictions placed on the Western-backed group's facility by a Russian transport regulator.
Why Czechia Won’t Quit Russian Oil Despite Infrastructure Alternatives
Czechia has the infrastructure, reserves, and access to alternative suppliers to eliminate its Russian oil imports. Yet, three years into Russia’s full-scale invasion of Ukraine, the Czech Republic continues to delay this strategic shift, despite the availability of viable alternatives.
Kazakh-Russian CPC Oil Exports via Black Sea Trimmed for April
Black Sea CPC Blend oil exports for April were revised down to 1.6 million barrels per day, or 6.2 million metric tons, from 1.7 million bpd in the preliminary plan, two sources said on Monday.
Poland to Expand Gas Pipeline Capacity to Ukraine by 2026
Poland’s Gaz-System will upgrade the Hermanowice metering station on its pipeline to Ukraine by 2026, aiming to boost gas transit capacity as Ukraine ramps up LNG imports from Europe following Russian attacks on its storage sites.
Russia Shuts CPC Moorings, Cutting Kazakh Oil Exports Amid OPEC+ Quota Dispute
Russia has ordered the closure of two CPC moorings, cutting Kazakhstan’s oil export capacity and escalating tensions over OPEC+ production quotas. The disruption affects major producers Chevron and ExxonMobil, and could force output cuts if not resolved within days.
Global News April 2025
Stay informed with the latest industry news and developments in the midstream sector. From pipeline projects to regulatory updates and company announcements, P&GJ's Global News column brings you the most important insights from around the world.
Angry at Putin, Trump Warns of Tariffs on Russian Oil Imports
President Trump threatened secondary tariffs on Russian oil buyers if Moscow blocks efforts to end the war in Ukraine, expressing anger at Putin and warning of further trade penalties. The move could impact major importers like India and China.
Czechs to Phase Out Russian Oil as TAL Pipeline Expansion Goes Live
The Czech Republic will begin importing all crude oil through the expanded TAL pipeline starting in April, following the suspension of Russian supplies via the Druzhba pipeline. The move marks a key step in the country's energy independence from Russian oil.
How Ukraine’s Gas Storage, Pipeline Network Could Boost U.S. LNG Under Trump
The U.S. administration suggested this week the United States could help run and possibly own Ukraine's power plants and energy infrastructure as part of a ceasefire deal with Russia.
Russia Seeks Approval for Congo Oil Pipeline Agreement with 25-Year Operation Term
The Russian government has submitted an agreement with the Republic of the Congo for ratification to the State Duma, outlining cooperation on the construction of a key oil products pipeline in the Central African nation.
Turkey, Slovakia Secure Waiver Extension for Russian Gas Payments, Sources Say
Turkey and Slovakia have received extensions from the United States to waivers for gas payments to Russia, sources told Reuters on Thursday, adding that the extensions would be valid until May.
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Russian Oil from Sanctioned Tankers Discharged in China After Ship-to-Ship Transfers
The Panama-flagged Daban, one of dozens of non-sanctioned vessels drawn to the Russian oil trade by fat margins following the Jan. 10 U.S. sanctions, was received at a berth run by the privately-controlled Qingdao Haiye Group at the port of Qingdao, sources said.
Gazprom’s Grandeur Fades as Europe Moves Away from Russian Gas
Gazprom’s dominance in Europe has collapsed as the region moves away from Russian gas, forcing the company to cut jobs, sell luxury assets, and rely on domestic markets. Once a key driver of Russia’s economy, Gazprom now struggles with losses, declining exports, and an uncertain future.
CPC Blend Oil Loadings Rise 24% in February via Black Sea Terminal
CPC Blend oil loadings from the Caspian Pipeline Consortium (CPC) Black Sea terminal rose by some 24% in February from January to 1.68 million barrels per day (bpd), Reuters calculations showed.
Ukraine Eyes U.S. LNG Imports as Gas Needs Grow
Ukraine may import large volumes of U.S. gas this year via terminals in Germany, Greece, Lithuania and Poland, its state gas operator said, as Kyiv struggles with the impact of Russian attacks on its infrastructure.
Russian Forces Walked Inside Gas Pipeline to Ambush Ukrainian Troops, Reports Say
Russia was storming the town of Sudzha on Sunday after special forces used a gas pipeline to surprise Ukrainian units as part of a major offensive to eject Ukrainian soldiers from the western Russian region of Kursk, pro-Russian war bloggers said.
Naftogaz, Poland’s Orlen Partner on LNG to Boost Ukraine’s Gas Supply
Ukrainian oil and gas company Naftogaz and Polish energy group Orlen signed an agreement on Friday to cooperate in the liquefied natural gas (LNG) sector and help Kyiv to diversify its gas supplies, the companies said.
Explainer: Can Nord Stream Gas Pipeline Make a Comeback in Europe?
A push by the United States to end the war in Ukraine has raised questions about how companies might begin to return to the Russian market and how Europe might re-engage with Moscow, including resuming piped natural gas supplies.

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