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Pipeline
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The Druzhba (Friendship) oil pipeline system is one of the largest and longest oil pipeline networks in the world. Constructed in the early 1960s during the Soviet era, it was designed to integrate the energy systems of Eastern Bloc countries and ensure a stable supply of crude oil to industrial centres across Europe.24 Apr 2026-10:51
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According to five EU diplomats, the EU is set to unlock its €90 billion loan to Ukraine on Thursday, provided that oil flows through the Druzhba pipeline resume by then, as officials now anticipate.22 Apr 2026-19:34
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Ukraine is set to resume oil transit through the Druzhba pipeline as early as Wednesday following the completion of repair works, a move that could unlock billions in EU financial support.22 Apr 2026-14:39
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The repair of the Druzhba pipeline clears the way for the approval of the €90 billion loan for Ukraine and a new round of sanctions against Russia, both of which are currently blocked by Hungary.21 Apr 2026-19:25
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Russia has reduced oil production in April following a wave of Ukrainian drone attacks on key energy infrastructure and ongoing disruptions to export routes, according to industry sources.21 Apr 2026-15:39
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Oil shipments through the Baku–Tbilisi–Ceyhan pipeline (BTC) declined by nearly 10% in the first quarter of 2026.15 Apr 2026-11:50
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The government of Portugal has distributed 835 million euros in financial support to companies affected by severe storms earlier this year, according to the Portuguese Development Bank.15 Apr 2026-03:03
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Libya’s National Oil Corporation (NOC) has begun a trial operation of a long-delayed natural gas pipeline, marking a key step in efforts to ease production bottlenecks and strengthen export capacity.14 Apr 2026-16:58
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