FSUOGM - Former Soviet Union Oil & Gas
Jade Gas concludes appraisal at coal bed methane project at Mongolia’s Red Lake gas field
Jade Gas Holdings (ASX: JGH) on March 2 said in a stock market announcement that it has concluded the appraisal programme for its flagship TTCBM Project in Mongolia with the submission of its appraisal report for the Red Lake gas field in South Gobi.
Hormuz crisis puts one-fifth of global LNG supply at risk
Escalating US-Iran tensions have halted LNG production in Qatar and threatened shipping through the Strait of Hormuz, exposing Europe, Asia and emerging importers to sharp price spikes and renewed energy security risks.
Zelenskiy invites Slovak PM Fico to Ukraine amid Druzhba pipeline dispute
Ukrainian President Volodymyr Zelenskiy has invited Slovak Prime Minister Robert Fico to visit Ukraine to discuss “all existing issues” as tensions mount over the Druzhba oil pipeline and a stalled €90b EU loan.
Russian petrochemical major Sibur posts $2.7bn in 2025 profit
Russia’s Rosneft could revive major downstream project in Primorye
Russia arrests deputy Gazprom Neft boss on bribery charges
Russian law enforcement agencies have intensified a series of high-profile corruption cases involving senior executives in the energy sector, with a court in Moscow moving to remand a deputy chairman of Gazprom Neft in custody.
Putin claims Ukraine plotting further attacks on Blue Stream, TurkStream
Russian President Vladimir Putin said on February 24 that Russian security services had received operational intelligence indicating preparations for new acts of sabotage targeting the TurkStream and Blue Stream gas pipelines .
Russian petchems firm SIBUR sees 4.5% bump in profit in 2025
It also maintained one of the global petrochemicals sector’s highest EBITDA margins, supported by heavy investment in modernisation and new capacity.
Hungary, Slovakia's oil dispute with Ukraine deepens
Hungary and Slovakia remain embroiled in a deepening dispute with Ukraine and within the EU after Russian oil shipments through the key Druzhba pipeline were halted on January 27.
EBRD expects 2026 moderation in Kazakhstan's growth reflecting lower oil prices
Kazakhstan’s economic growth is expected to moderate from 2025’s 6.5% to 4.7% in 2026 and 4.5% in 2027, reflecting lower oil prices, according to projections in the latest Regional Economic Prospects report issued by the EBRD.
Uzbekistan launches oil, gas and minerals exploration in northern Afghanistan
Uzbekistan has launched geological exploration at three oil and gas blocks in northern Afghanistan, the Uzbek Ministry of Mining and Geology has announced.
Kazakhstan’s Tengiz oilfield sees slower-than-anticipated output recovery
Kazakhstan’s flagship Tengiz oilfield is seeing a slower-than-anticipated recovery in oil output, as adverse weather and repeated export terminal drone alerts constrain shipments.
Azerbaijan ships 4,500 tonnes of diesel to Armenia as demand for petrol surges
Azerbaijan dispatched 4,500 tonnes of diesel fuel to Armenia on February 25, with 39 tank wagons departing from Guzdek station towards Boyuk Kesik station, according to APA News.
Ukraine begins importing US LNG via Germany as new routes expand
Ukraine has started importing US liquefied natural gas via Germany for the first time, opening a new supply corridor as it seeks to diversify energy sources.
EU urges Ukraine to speed up Druzhba pipeline repairs
The EU has asked Ukraine to accelerate repairs to the Druzhba oil pipeline after damage from recent strikes disrupted crude supplies to Central Europe, European Commission President Ursula von der Leyen said on February 23.
US formally warned Kyiv over attacks on Russia that damage American oil majors’ interests, says ambassador
Ukraine’s envoy to Washington confirms a demarche was issued.
Moldova nearly exhausted its natural gas stocks to cover recent consumption peaks
Moldova’s state-owned energy trader Energocom has nearly exhausted the commercial natural gas stocks built up under the country’s legal storage obligation, ensuring coverage of recent peak consumption.
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