FSUOGM - Former Soviet Union Oil & Gas
EU joint gas purchase platform sees limited signs of success
The EU’s joint gas procurement platform, launched last year to enable bulk-buying of more gas at lower prices, has covered only a mere fraction of the bloc’s demand.
Iranian president locks in gas pipeline deal with Russia
Iranian President Masoud Pezeshkian on September 30 hailed a recent gas supply deal with Russia while slamming Israel for as he met Russian Prime Minister Mikhail Mishustin in Tehran.
Azeri gas flow through Ukraine just a guise for Russian transit, says GTSOU head
The head of Ukraine’s gas transmission system operator has acknowledged that “Azeri” gas transited through Ukraine would still be Russian in origin.
FSUOGM: Netherlands urges more sanctions on Russian LNG
Naftogaz Group posts fourfold profit surge in first half of 2024
Ukrainian state energy company Naftogaz Group reported a consolidated net profit of UAH24.4bn ($670mn) for the first half of 2024, nearly quadrupling its earnings compared to the same period last year.
Aliyev asks oil companies to increase Caspian production
Slovak gas storage capacities are over 95% full
Russian gas transit through Kazakhstan up significantly this year
Russian oil dinosaur SurgutNG plans to maintain output
Russian oil major SurgutNefteGas (SurgutNG or Surgut) plans to maintain its oil output and refining output in 2024 at the level of 2023, Renaissance Capital wrote on September 27 citing the CEO of Surgut Vladimir Bogdanov at the Russian Energy Week.
Putin wants to see 10-year plan for Gazprom
Russia’s President Vladimir Putin has requested that state natural gas giant Gazprom prepare a ten-year development plan, taking into account “sustainable development” goals and creating infrastructure for the “changing supplies geography”.
Turkey, Azerbaijan exploring renewable energy corridor
Uzbekistan's gas imports expand sixfold in 8M24 to $1.2bn
Serbia signs new gas contracts with Azerbaijan
Serbia and Azerbaijan have signed new gas contracts to bolster Serbia’s energy security, guaranteeing the country one million cubic meters of gas per day this winter.
Tax cuts for Russian gas giant Gazprom despite higher state spending
Russian natural gas giant Gazprom will have its tax burden cut in 2025 despite the notable hike in federal budget expenditures, Bloomberg reports citing the unpublished three-year federal budget.
Russian oil shipments to Turkey drop in August
Due to the repairs on a major refining facility,Turkey, Russia’s third largest oil buyer, has halved its imports of Russian oil in August 2024 to under 200,000 bpd from 400,000-450,000 bpd in early summer.
Energy transition slows as global oil and gas industry refocuses on fossil fuels – report
Kashagan to undergo maintenance despite government request for delay
Kazakhstan exports 150,000 tonnes of polypropylene in Jan-Aug
ASX-listed Jade Gas kicks off drilling on initial wells at Red Lake in South Gobi, Mongolia
Netherlands urges more sanctions on Russian LNG
The Netherlands has called for more sanctions to restrict Russian LNG imports into the EU, noting an increase in the volume of Russian super-cooled gas arriving on its own shores in recent months.
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