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Markets
Europe lost out on 3.8mn tonnes of Kazakh oil after Black Sea attacks
Kazakhstan’s oil exports fell after Ukrainian drone attacks and stormy weather hampered operations at the Caspian Pipeline Consortium’s marine terminal in Novorossyisk. Its major oil field Tengiz also suffered an outage in January.
Ukraine
Ukraine's Secret Service reveals strikes on Russian oil infrastructure
Ukraine's Main Intelligence Directorate (HUR) notes that the special operation targeted the Koltsevoye oil pipeline, which supplied resources to the Russian army, and is located just fifty kilometres from the Russian capital, Moscow.
Europe News
Hungary and Slovakia under pressure as US and EU target Russian energy
Hungary and Slovakia will be squeezed by the US and the EU to drop Russian fossil fuels, a sector expert claims. As pressure from Washington grows, Hungary has signed a long-term gas contract with Shell to complement its Russian supplies.
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Europe News
Hungary and Slovakia in spat with Ukraine after oil pipeline bombing
In a comment on Sunday, Zelenskyy indicated that the future of the pipeline could depend on Hungary's behaviour. Budapest said Kyiv harms its sovereignty, and Slovakia warned Ukraine might be left without fuel, if the attacks continue.
World News
Kilis-Aleppo natural gas pipeline opened: Gas flow to Syria started
Turkish Minister of Energy and Natural Resources Alparslan Bayraktar called on European countries to support infrastructure projects for the return of Syrians in Europe. Turkey, Qatar, Azerbaijan and Syria are supporting a project that will provide electricity to 5 million households in Aleppo.