April 8, 2026 4:19 PM

Ukraine renews attacks on Russian energy sites – what has been hit?

Ukraine has increased attacks on Russian energy facilities in recent weeks as peace talks have failed to make progress. Following is a summary of the attacks and their impact: NORSI NORSI, Russia's fourth-largest oil refinery, owned by Lukoil , suspended operations on April 5 following a Ukrainian drone attack, two industry sources said. NORSI, which is also Russia's second-largest producer of gasoline, can process 16 million metric tons of oil per year, or around 320,000 barrels per day. K...

October 8, 2025 7:56 PM

EU’s plan to phase out Russian energy clears first political hurdle

European Union countries' ambassadors on Wednesday agreed to move ahead with the bloc's plan to end Russian oil and gas imports by 2028, EU diplomats said, clearing the law's first political hurdle before governments vote on it later this month. The EU is negotiating legal proposals to phase out Russian oil and gas by January 2028, attempting to deprive the Kremlin of revenues to fund its war in Ukraine. In a closed-door meeting on Wednesday, EU ambassadors agreed to forward the proposed law t...