FSUOGM - Former Soviet Union Oil & Gas
Oil infrastructure threatened as flooding continues to plague western and northern Kazakhstan
SEFE concerned as Russia targets gas storage tanks in Ukraine
German gas trader SEFE has expressed concern over recent Russian attacks targeting Ukraine's largest underground storage facility with a capacity of 30bcm.
Will the Baku-Supsa pipeline become Azerbaijan's second oil export artery?
Despite the global "green transition," predictions of decreasing demand for fossil fuels have not yet been realized. And sanctions imposed on Russia are rewriting energy export routes.
Kazakhstan suspends work on 634 oil wells due to floods
Eurasia has 20 major petrochemical projects underway worth over $200bn to double plastics production
Eurasia has 20 major petrochemical projects underway worth over $200bn to double plastics production.
Kazakhstan’s Kashagan claims against big oil firms now reportedly top $150bn
Astana said to have added $138bn claim for lost revenue, arguing energy majors developing Caspian Sea field have not fully delivered on production pledges.
Uzbekistan rejects reports of Afghanistan returning low-quality petroleum product as “completely untrue”
Republic of Congo expands oil partnerships, eyes closer ties with Azerbaijan
The Republic of the Congo’s President Denis Sassou-Nguesso is diversifying the West African country’s oil and gas partnerships in search of reliable allies to explore its substantial reserves.
LNG reigns supreme in low-carbon bunkering
CPC reports 4% y/y increase in 1Q23 piped oil
European Parliament permits members to ban Russian LNG imports
The European Parliament has voted to adopt rules that will give member countries the legal basis to block Russian LNG imports through preventing Russian firms from booking the gas infrastructure capacity needed to deliver LNG to Europe.
France's spending on Russian LNG surges to over €600mn this year
France's spending on Russian liquefied natural gas (LNG) surged to over €600mn this year, EU data reveals, Politico reports.
What next for oil markets after Iranian strike on Israel?
For the time being, traders have apparently shrugged off fears of a direct war between Israel and Iran, but escalation is still a significant risk.
Russia’s war economy boosted by rising oil prices
Brent crude oil prices remained near a six-month high this week, hovering around $90 per barrel amidst fears of an oil price spike driven by escalating geopolitical tensions in the Middle East.
Russia adds smallest volume to oil reserves in 2023 in six years
Russia replenished its oil reserves in 2023 by the smallest annual volume in six years.
Novatek sees slight rise in gas supply in Q1
Russia’s Novatek boosted its gas production by 1.2% year on year to 21.12bn cubic metres in the first quarter.
Russian attacks on Ukrainian gas storage sites raise European prices
Russia's assault on two Ukrainian underground gas storage facilities on April 11 has triggered a surge in European gas prices, marking a change in Russia's strategy.
EU Parliament backs rules to allow member states to block Russian LNG
The European Parliament voted in favour last week of rules thaat would enable governments of EU member states to block Russian LNG imports by preventing Russian companies from booking capacity at gas infrastructure.
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