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U.S. Energy Information Administration
Energy Information Administration - EIA - Official Energy Statistics from the U.S. Government
Russia''s Gas Export Strategy: Adapting to the New Reality
The first pillar looks increasingly challenged by recent US sanctions as well as new attempts from EU countries to ban Russian gas imports, notably LNG, faster than anticipated
Energy Fact Sheet: Why does Russian oil and gas matter?
Russia is the world''s largest gas exporter. In 2021 the country produced 762 bcm of natural gas, and exported approximately 210 bcm via pipeline. Gazprom and Novatek are Russia''s main
Liquefied natural gas industry in Russia
In December 2023 a Russian presidential decree gave the government the power to confiscate and forcibly sell off assets belonging to European energy firms. New Russian-run companies
Top 10 Energy Storage Companies in the World | PF Nexus
Discover the current state of energy storage companies in the World, learn about buying and selling energy storage projects, and find financing options on PF Nexus.
Russia Fossil Tracker – Payments to Russia for fossil fuels since
To gain more insight into how this is done, please refer to the methodology. You can find CREA''s reports on Russian fossil fuel exports, the looming threat they pose to energy security, and the
The United States remained the world''s largest liquefied natural
LNG exports from Australia and Qatar—the world''s two next-largest LNG exporters—have remained relatively stable over the last five years (2020–24); their exports
Russia''s Gas Export Strategy: Adapting to the New Reali
By Anne-Sophie Corbeau and Dr. Tatiana Mitrova Unlike Russian crude oil exports, which in 2023 exceeded the volumes of 2021,1 Russia''s natural gas exports have dwindled by an estimated
Treasury Intensifies Sanctions Against Russia by
New energy sector determination targets Russia''s primary revenue source with sanctions against Gazprom Neft and Surgutneftegas, more than
10 Largest Exports of Russia (2024-25)
Table of Contents Russia, the world''s largest country by land area, has a diverse and robust export sector that plays a crucial role in its economy. As we look at the period of
Europe is a key destination for Russia''s energy exports
The majority of Russia''s crude oil and condensate exports went to OECD Europe, which received almost half of Russia''s total exports. However, at a country level, China
Outlook for Russia''s oil and gas production and exports
Russian energy sector and economy. Vitaly Yermakov, James Henderson and Richard Connolly have contributed sections on the future of the Russian oil and gas industry, the outlook for oil
Energy sector in Russia
Russia is home to some of the leading energy companies across the globe, such as Gazprom, Lukoil, and Rosneft.
Factbox-Russian Energy Export Disruptions Since Start of
Russia was the top supplier of natural gas to Europe before the war. Most gas travelled through four pipeline routes: Nord Stream running under the Baltic Sea, the Yamal
December 2024 — Monthly analysis of Russian fossil
By Vaibhav Raghunandan and Petras Katinas Russian fossil fuel revenues rose for the first time in two months to cap the year, however coal
Russia Top 500 Companies in 2023
Gazprom is Russia''s biggest Oil and Gas Company. Gazprom is a global energy company focused on geological exploration, production, transportation, storage, processing and sales of
Energy Fact Sheet: Why does Russian oil and gas
Russia is the world''s largest gas exporter. In 2021 the country produced 762 bcm of natural gas, and exported approximately 210 bcm via pipeline. Gazprom
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Russian energy sector and economy. Vitaly Yermakov, James Henderson and Richard Connolly have contributed sections on the future of the Russian oil and gas industry, the outlook for oil
Russia''s Gas Export Strategy: Adapting to the New
The first pillar looks increasingly challenged by recent US sanctions as well as new attempts from EU countries to ban Russian gas
Energy industry in Russia
In 2016 Russian ports (Novorossiysk, Primorsk, Ust-Luga, and Kozmino) provided about 84% of oil exports, the export capacity of the largest of them, Novorossiysk, amounted to 1.407 million
Europe is a key destination for Russia''s energy exports
The majority of Russia''s crude oil and condensate exports went to OECD Europe, which received almost half of Russia''s total exports. However,
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Last Updated: Overview Russia was the world''s second-highest producer of crude oil and condensate as well as dry natural gas and was the world''s third top exporter for coal
Oil Market and Russian Supply – Russian supplies to global energy
An invasion into the Ukraine by Russian troops on 24 February 2022 has as of yet not resulted in a loss of oil supply to the market. Prices nevertheless surged by USD 8/bbl to USD 105/bbl
Top 10 Largest Companies in Russia by Revenue (2025 Update)
Russia''s top 10 companies by revenue in 2025 include energy giants Gazprom, Lukoil, and Rosneft, as well as financial services provider Sberbank and retail company Magnit.
FACTBOX EU ban on Russia''s LNG re-exports comes
The European Union''s ban on re-exporting Russian liquefied natural gas (LNG) via EU ports, which aims to reduce Moscow''s revenues
Gazprom
PJSC Gazprom (Russian: Газпром, IPA: [ɡɐsˈprom]) is a Russian majority state-owned multinational energy corporation headquartered in the Lakhta Center in
Liquefied natural gas industry in Russia
OverviewGovernment interventionCompaniesExportsPlantsSanctionsTaxationEnvironment
In 2020, the Russian government approved an incentive program worth over $300 billion for Arctic infrastructure, industrial, LNG and oil and gas extraction projects, to encourage others to invest in the Arctic. In 2021, the government agreed to the Russian National Wealth Fund providing loans for the expansion of the Baltic LNG plant, an unprecedented size of loan for a single lender. Gazprom not
List of companies of Russia
Russia has a high-income [1] mixed economy with state ownership in strategic areas of the economy. Market reforms in the 1990s privatized much of Russian industry and agriculture,
Top 100 Oil & Gas Companies List
Explore the top 100 oil & gas companies of 2025 shaping global energy, from state giants to major independents.
FAQs 6
Is Russia still a major gas exporter?
While Russian gas production has dropped in response, the country remains the largest holder of proven gas reserves and is still the second-largest gross gas exporter in the world, after the US. After a year of adapting to the shocking reduction in gas exports to Europe, Russia’s ambitions to remain a significant gas market player have not dimmed.
Which company transports the most oil in Russia?
Transneft, the world’s largest pipeline company, transports more than 85% of oil produced in Russia. The state-owned firm owns and operates nearly 43,000 miles of oil and natural gas pipelines in Russia, Asia, Europe, and Eurasia. 15 Rosneft’s Vostok Oil project began construction in 2022.
How does Russia make money from oil & gas exports?
tivity in Russia in two main ways. First, oil and gas exports furnish the Russian s ate with the bulk of its revenues. Depending on the total value of oil and gas revenues each year, federal government income derived from the taxation of the extraction and export of oil and gas accounts for between one-third and half of
How much oil does Russia export?
Russia exported about 199,000 b/d of crude oil to the United States in 2021, around 4% of Russia’s crude oil exports for that year. Last year, Russia also exported 8.9 trillion cubic feet (Tcf) of liquefied and piped natural gas, 36% of the 24.8 Tcf of natural gas it produced.
How has Russia's export strategy evolved over the past year?
In this commentary, the authors explore how Russia’s export strategy has evolved over the past year in the face of mounting adversity and what it means for the world. In 2023, Russia exported an estimated 142 bcm of gas, down sharply from around 244 bcm in 2021.
Where does Russia export crude oil and condensate?
The majority of Russia’s crude oil and condensate exports went to OECD Europe, which received almost half of Russia’s total exports. However, at a country level, China imported the largest volume of Russia’s crude oil and condensate exports in 2021.
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