A Ukrainian drone attack on the Orenburg gas processing plant forced neighboring Kazakhstan to reduce production at the Karachaganak field by 25-30%, Reuters reports. The Orenburg Gazprom plant was forced to halt gas intake from Kazakhstan,

The financial situation at Russia's largest natural gas producer Gazprom is stable, Chief Executive Officer Alexei Miller told Russian state TV on Friday.

Russian President Vladimir Putin’s special envoy for investment and economic cooperation, Kirill Dmitriev, said that he believes the United States, Ukraine and Russia are close to reaching a diplomatic solution to end the ongoing war in Ukraine.

Friendly calls, offers to meet, the prospect of post-war deals—none has tempted the Russian leader into a peace agreement. On October 22nd the American president snapped. In his first serious economic barrage against Russia since returning to the White House,

Russia is set to deliver around 750,000 barrels, or 100,000 metric tons, of a mix of Arctic heavy ARCO oil and gas condensate, a type of light oil, to Syria's Banias port, traders said and LSEG data showed.

Along with parallel EU measures, the new US sanctions against Russia’s two biggest oil companies are some of the most consequential since the start of Russia’s invasion of Ukraine. Whether they will affect the Kremlin’s war aims is an open question.

Brent dipped toward $65 a barrel on Friday, but was still up around 7% for the week, while West Texas Intermediate was below $62. Russian crude flows to key buyer India are expected to plunge following the penalties on Rosneft PJSC and Lukoil PJSC,

Europe and the world must provide Ukraine with more long range capabilities to strike Russia, British Prime Minister Keir Starmer will tell a summit in London.

India and China’s largest refineries are looking at curbing imports of Russian oil, cutting off a key source of funds for Vladimir Putin’s war machine following Donald Trump’s sharp escalation of US sanctions.