The German government plans to create a gas reserve before winter, as storage facilities are only 22% full. The mechanism will protect the system from external shocks and crises.
The vessel is transporting 700,000 barrels of oil to the island after a three-month hiatus. The delivery will only partially alleviate the shortage due to the lengthy refining time.
Finnish President Stubb supported the idea of US assistance in the Strait of Hormuz for the sake of Ukraine. This should ensure support for Kyiv and stable oil prices.
Duncan Nightingale has been elected Chairman of the Naftogaz Supervisory Board, and Kostiantyn Maryevich as Deputy Chairman. Three committees have been established and the work schedule for 2026 has been approved.
Zelenskyy informed the EC about the timeline for repairing the Brody pumping station after Russian attacks. Ukraine will build underground storage facilities and is looking for alternative routes.
Viktor Orban refuses to unblock financial aid to Ukraine until Russian oil supplies are fully restored. He accuses Kyiv of interference.
Kaja Kallas denied Bart De Wever's words about secret support for normalizing relations with Russia. She warned against returning to business with the aggressor.
Cuban authorities have allowed emigrants to invest in the private sector and banks. The country is restoring power after the sixth major blackout this year.
The European Commission expects progress on the loan by March 20 after Zelenskyy's agreement to repair the oil pipeline. Hungary previously blocked funds and new sanctions.
Within the framework of the Support Fund, an equipment reserve is being created to prepare for winter. Ukraine's total recovery needs are estimated at 5.4 billion euros.
Over 14,800 specialists will receive payments for infrastructure restoration after shelling. The government has expanded the list of aid recipients through the Diia portal.
António Costa stated the EU's readiness to take the initiative from Trump. The bloc will continue to pressure Moscow and refuse Russian energy carriers.
Sinopec and PetroChina are looking for cargoes from Russia due to shortage risks and favorable prices. Russian oil is cheaper than its counterparts from Brazil and West Africa.
The European Commission will provide Ukraine with funding and technical assistance as part of efforts to restore the oil pipeline's operation. Experts are ready to immediately begin work to restore supplies.
The occupiers modernized the drones with additional batteries instead of explosives for a 200 km flight. Air defense shot down most targets, preventing strikes on the front.
The expert called the Belgian Prime Minister's calls political and reminded of the use of energy resources as a weapon. Resuming supplies does not guarantee stability.
The Moldovan Foreign Ministry condemned the oil spill caused by the Russian attack on the Novodnistrovsk HPP. The river pollution threatens the water supply for 80% of the country's population.
Three employees of a project company were detained for developing documentation for the modernization of Russian oil refineries. The court chose a preventive measure in the form of detention for the suspects.
The President emphasized the protection of common values and the importance of a technological alliance. The world needs to act quickly to prevent a global war.
The head of the IMO stated that it is impossible to fully protect tankers from Iranian attacks. Due to the closure of the strait, the price of Brent oil exceeded 100 dollars per barrel.
Due to Russian attacks, consumers in four regions are without power. From 5:00 PM to 10:00 PM, power restrictions will be in effect for industry and business throughout the country.
Iran transferred a thousand Shaheds to Russia and licenses for their production despite promises to stop supplies. Tehran helped the enemy build two drone factories.
A cable falling onto the gas network caused a fire and burned down a bus. Malechiv, Dubliany, and parts of Lviv were temporarily left without gas.
The Trump administration is trying to create an international coalition to counter the Iranian blockade. Most EU and Asian countries express skepticism.
The damaged vessel Arctic Metagaz, carrying 60,000 tons of gas, threatens an environmental catastrophe. The crew was evacuated after a drone attack in international waters.
HSBC analysts predict elevated gas prices until 2027 due to supply disruptions through the Strait of Hormuz. Europe remains vulnerable to LNG shortages.
A drone attacked a joint venture of ADNOC and Occidental Petroleum in the Rub' al Khali desert. There are no casualties, and emergency services are working at the scene.
Sources report an exchange of messages between Witkoff and Araghchi regarding a ceasefire. Iran denies the connection, accusing the US of disinformation.
Stockholm's new contribution will help restore damaged infrastructure and prepare the system for winter. The total amount of aid has already exceeded 259 million euros.
Donald Trump stated his right to do whatever he wants with Cuba amid increasing economic pressure. The US has restricted oil supplies due to the energy crisis.