The United Kingdom has raised alarms over what it fears may be a covertly strategic Russian oil find in Antarctica. According to testimony to the UK Environmental Audit Committee in 2024 and again in 2025, researchers aboard Russia’s Aleksandr Karpinskiy vessel are believed to have identified approximately 511 billion barrels of oil—nearly double Saudi Arabia’s […]
Russia’s state nuclear corporation, Rosatom, has officially begun development of the Shirondukuyskoye uranium deposit in Eastern Siberia, situated near the city of Krasnokamensk — commonly known as Russia’s “uranium capital” — close to the borders of China and Mongolia. The project is expected to yield its first uranium by 2028, according to the company’s mining
Russia Moves Forward with Major Uranium Development in Eastern Siberia Read More »
In a move seen as a potential step toward diversifying regional energy flows, Azerbaijan and Ukraine have agreed to initiate their first natural gas shipment between the two countries. The shipment will avoid Russian territory, instead using the Trans-Balkan route that passes through Turkey, Bulgaria, and Romania. The announcement was jointly promoted by Naftogaz, Ukraine’s
Azerbaijan and Ukraine Launch First Gas Shipment via Trans-Balkan Route Read More »
Saudi Arabia has coordinated a new oil production increase with its OPEC+ partners, including Russia, marking a significant departure from recent supply restraint policies. The move comes amid growing concerns about a global economic slowdown and increasing uncertainty in international trade, particularly in the context of escalating tariff tensions. The production hike, described as a
Saudi Arabia Pushes OPEC+ Oil Output Hike as Prices Slide and Global Demand Weakens Read More »
On a visit by European Commission President Ursula von der Leyen to Kiev, she has promised extra help to Ukraine to defend itself against Russian attacks and get through the winter. Money that Ukraine will be able to put to good use as next winter promises to be even tougher than the 2 previous ones,
EU pledges to “help Ukraine keep the lights on” Read More »
Novatek, Russia’s largest producer of liquefied natural gas (LNG), has sent force majeure notifications to some of its clients over future supplies from its Arctic LNG 2 project, four industry sources have told Reuters. Commenting on the issue, Italian academic Francesco Sassi, describes this to be “a consequence of US sanctions against Russia’s LNG industry”
Russia’s largest LNG producer sends force majeure notifications Read More »
In a new report, the EU’s European Environment Agency (EEA) warns the EU that it is failing its climate targets, noting that the current 10-year trend is “going in the wrong direction”. The EEA takes stock annually of progress towards the 8th Environment Action Programme (8th EAP) objectives on the basis of a set of
The Renewable Energy Sources Act In 1999, a group of German parliamentarians drafted the Renewable Energies Sources Act, known as EEG, a simple but revolutionary policy that fundamentally transformed the renewable energy market. The EEG stipulated that anyone who constructed a renewable power plant, such as a solar PV project or a wind farm,
How to create a hydrogen market: keep it simple Read More »
Francesco Sassi, a Research Fellow Energy Geopolitics & Markets at Ricerche Industriali ed Energetiche in Bologna, takes a closer look at the 🇹Greenstream pipeline, connecting Libya to Italy and one of the key route for trans-Mediterranean gas trade, which “has stopped working”. He notes: “During May 2023, the Mellitah gas complex will undergo extensive maintenance.
“A very delicate time for Libyan – Italian energy cooperation” Read More »
In an analysis on Italian PM Meloni’s visit to Libya, Francesco Sassi, a Research Fellow Energy Geopolitics & Markets at the Ricerche Industriali ed Energetiche Research Institute in Bologna, Italy, writes on twitter: “According to the Libyan oil ministry of the Government of National Unity (GNU), the deal signed between Italy’s ENI and Libya’s NOC
“Italy’s plans to become the EU’s energy hub start with a first reality check in Libya” Read More »