Ukraine

North Korea halves shell supply to Russia as stockpiles run low, says Ukraine

bne IntelliNews November 15, 2025

North Korea has significantly reduced its shipments of artillery shells to Russia in 2025, as domestic stockpiles show signs of exhaustion, and the quality of munitions deteriorates.

EU LNG imports set for record high in November as US supply surges

bne IntelliNews November 14, 2025

Liquefied natural gas (LNG) imports into the European Union are on track to hit an all-time monthly high in November, driven by a sharp rise in shipments from the United States.

KYIV BLOG: Ukrainian war sailing towards a crisis

Ben Aris in Berlin November 14, 2025

Russia’s oil industry, long seen as the bedrock of the country’s economic strength, is being slowly degraded—not by sanctions or falling demand, but by the persistent and methodical pressure of Ukraine’s drone attacks.

COMMENT: Ukraine slowly wearing down Russia's oil industry

bne IntelliNews November 14, 2025

Russia’s oil industry, long seen as the bedrock of the country’s economic strength, is being slowly degraded—not by sanctions or falling demand, but by the persistent and methodical pressure of Ukraine’s drone attacks.

London court orders former Ukrainian tycoons Kolomoisky and Bogolyubov to pay over $3bn in PrivatBank fraud case

bne IntelliNews November 12, 2025

Judgment is a major victory for Ukraine’s largest lender, which has spent years pursuing legal claims across multiple jurisdictions to recover losses linked to its former owners.

Ukraine suspends justice minister amid $100mn energy corruption probe

bne IntelliNews November 12, 2025

German Galushchenko has been suspended as part of a sweeping anti-corruption investigation into alleged large-scale money laundering in the country’s energy sector.

The EU’s new supply web

Clare Nuttall in Glasgow November 11, 2025

Global turbulence has stalled FDI for now, but the potential for future investment around the EU’s periphery — from the Western Balkans to Ukraine to north Africa — remains strong.

Ukraine’s anti-graft bureau targets ex-Zelenskiy business partner in sweeping energy corruption probe

bne IntelliNews November 11, 2025

Ukraine’s National Anti-Corruption Bureau (NABU) has carried out a series of high-profile searches in Kyiv, including premises linked to Timur Mindich, a former business partner of President Volodymyr Zelenskiy.

Zelenskiy calls for 27 Patriot systems as Russia steps up missile and drone strikes on Ukraine’s energy grid

bne IntelliNews November 11, 2025

Ukrainian president urged Western allies to accelerate the delivery of air defence systems to shield the country from intensifying Russian strikes.

Norway reportedly considers sovereign fund collateral for EU’s €140bn Ukraine loan

bne IntelliNews November 11, 2025

Proposal offers a way to overcome Belgian objections to using frozen Russian sovereign assets to back the EU loan facility for Kyiv.

Russia unleashes massive overnight assault on Ukraine’s energy grid, crippling thermal plants and gas sites

bne IntelliNews November 10, 2025

Russia launched one of its heaviest air assaults in months overnight, striking Ukraine’s energy infrastructure with missiles and drones and causing widespread blackouts across major cities, including Kyiv and Kharkiv.

Ukraine faces deepening humanitarian crisis as 37% live in poverty, 65% of children affected

bne IntelliNews November 10, 2025

Sustained fighting and large-scale displacement have pushed millions into hardship.

Russian forces surround Ukrainian army in Pokrovsk

bne IntelliNews November 7, 2025

Ukrainian forces are struggling to hold their positions in the eastern city of Pokrovsk and nearby Myrnohrad, where Russian troops are intensifying their offensive.

Poland plans to become US gas hub to supply Slovakia and Ukraine

Wojciech Kosc in Warsaw November 6, 2025

Poland will seek to become a regional distribution centre for American gas to supply neighbouring Slovakia and Ukraine, President Andrzej Nawrocki said while on a visit to Bratislava.

Defence firms replace IT companies as key driver of Ukraine’s office real estate market

bne IntelliNews November 6, 2025

Ukraine has become an increasingly important hub for international defence firms seeking to co-develop and test weapons systems, finds consultancy UTG.

Pokrovsk update: Russia controls half the city in a chaotic battle

Ben Aris in Berlin November 5, 2025

The battle for Pokrovsk is raging and the Armed Forces of Russia (AFR) have captured half the city, but the situation is very confused. Reports from the city say there is no frontline as the Russians are using a “Brownian motion” tactic.

Ukraine gets a B grade from EU: good, but more work needed

Ben Aris in Berlin November 5, 2025

President Volodymyr Zelenskiy rejected a two-tier solution proposed by Brussels to accelerate Ukraine’s EU accession bid, after the European Commission (EC) released a progress report on November 4.

Foreign companies pay Russia $60bn in taxes since Ukraine invasion

bne IntelliNews November 4, 2025

Foreign companies in Russia paid at least $20bn in taxes in 2024 alone, and cumulative tax payments since early 2022 exceed $60bn.

Russia closing the trap as its forces expand control of Pokrovsk

Ben Aris in Berlin November 4, 2025

The stronghold city of Pokrovsk in the heart of the Donbas now risks “becoming a graveyard for Ukraine’s finest,” Euromaidan Press reports as Russian forces expand their control and threaten to encircle hundreds of Ukraine’s best troops.

Russia automotive output slumps to levels of first months of Ukraine war as demand slumps

Ben Aris in Berlin November 4, 2025

Russia’s automotive industry — once a symbol of the country’s industrial ambitions — has entered another sharp downturn, reversing the fragile recovery seen in 2023 and early 2024.

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