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Energy

Oil, gas, refineries, and shipping lanes: energy as a weapon of war.
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INVESTIGATION: The ruble of war, what Western observers take away from it
Investigation· No. 3720

INVESTIGATION: The ruble of war, what Western observers take away from it

Russia's 2026 budget counts on oil and gas revenue of 8.9 trillion rubles, according to The Moscow Times on October 28, 2025.

REPORT: Omsk shut down, a strategic reading of Russia's largest refineryAI-generated
Reportage· No. 3719

REPORT: Omsk shut down, a strategic reading of Russia's largest refinery

The Omsk refinery, Russia's largest with 21 million tons of annual capacity, suspended processing after a drone strike, according to Reuters on July 7,…

OP-ED/NOTE: why Rosneft and Lukoil under US sanctions matter more than it seems
Note· No. 3716

OP-ED/NOTE: why Rosneft and Lukoil under US sanctions matter more than it seems

On October 22, 2025, the U.S. Department of the Treasury confirmed sanctions targeting Rosneft and Lukoil directly, the two largest Russian oil companies, a…

FACT CHECK: the Russian oil price cap extended to 2027, in five numbersAI-generated
Analysis· No. 3715

FACT CHECK: the Russian oil price cap extended to 2027, in five numbers

A Russian presidential decree has confirmed the extension of the oil price cap mechanism through the end of 2027, a decision that mirrors the…

COLUMN: Novak and the Import Gamble, What This Power Shift RevealsAI-generated
Column· No. 3712

COLUMN: Novak and the Import Gamble, What This Power Shift Reveals

When an oil-exporting country publicly announces it is considering importing fuel, something important has just shifted in a balance of power it thought it…

INVESTIGATION: Western Sanctions, What the Numbers Actually Confirm
Investigation· No. 3710

INVESTIGATION: Western Sanctions, What the Numbers Actually Confirm

On October 22, 2025, the U.S. Treasury sanctioned Rosneft and Lukoil, Russia's two largest oil companies, a decision presented at the time as a…

ANALYSIS: Yaroslavl in flames, between rhetoric and realityAI-generated
Analysis· No. 3707

ANALYSIS: Yaroslavl in flames, between rhetoric and reality

In late March 2026, yet another Russian refinery found itself in the news for the wrong reasons: the one in Yaroslavl, several hundred kilometers…

OP-ED: Tuapse, Four Strikes and a Question Worth Asking
Note· No. 3706

OP-ED: Tuapse, Four Strikes and a Question Worth Asking

Four times since March 2026, the Tuapse refinery on the Black Sea has been struck, according to an AP count reported by the LA…

EDITORIAL: Why Omsk Going Offline Matters More Than It LooksAI-generated
Editorial· No. 3701

EDITORIAL: Why Omsk Going Offline Matters More Than It Looks

On July 6, 2026, Ukrainian drones struck the Omsk refinery, Russia's largest, in what Reuters and CNBC described the following day as the deepest…

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