The Russian Stock Market (MOEX) reported share prices for major oil and gas enterprises on July 14, 2025, including declines and increases in values for companies like Gazprom, Lukoil, and Novatek.

A top Russian oil executive, Andrei Badalov, was found dead beneath the windows of his Moscow home in what authorities described as an apparent suicide. His death occurs amid ongoing tensions in Russia's oil sector due to Western sanctions. The incident follows a pattern of high-profile Russian deaths, including other executives and politicians, many of whom died under mysterious circumstances.

The National Agency on Corruption Prevention (NACP) added China National Offshore Oil Corporation (CNOOC Group), China Petrochemical Corporation (Sinopec Group), and China National Petroleum Corporation (CNPC) to the list of international sponsors of war. These companies are involved in joint projects with Russia, funding the war through significant tax payments and infrastructure investments, including the Arctic LNG-2 project. Their activities have drawn international scrutiny, with implications for global business and sanctions.

Russian Deputy Prime Minister Alexander Novak stated that sanctions imposed by Western countries on Moscow due to its Ukraine conflict have not impacted oil exports, with export figures remaining stable. He rejected attempts by some countries to lower the oil price ceiling, emphasizing negative market consequences. Eight OPEC+ members are considering increased production in July.

The article discusses the European Union's energy security concerns amid geopolitical shifts and strained relationships with the U.S. Major EU firms are considering a partial return to Russian gas imports, including from Gazprom. This potential shift comes as the EU aims to reduce reliance on U.S. liquefied natural gas (LNG). The article highlights the challenges and potential risks associated with this policy shift.