FSUOGM - Former Soviet Union Oil & Gas

16 March 2022

bnePodcast: Energy shock – in the economic war Fortress Russia has no ammunition

13 March 2022

In the long term Russia will be reduced to a raw material exporter that has to export regardless of price because they need the cash, argues Christof Rühl.

Europex terminates SPIMEX's membership in response to Russian invasion of Ukraine

9 March 2022

The Association of European Energy Exchanges, Europex, announced they will terminate the membership of the Saint Petersburg International Mercantile Exchange (SPIMEX) on March 7.

MOSCOW BLOG: Recalibrating for the economic war with Russia

9 March 2022

OK people. It’s time to recalibrate. The war between Moscow and Kyiv in Ukraine just went global. It’s now a full blown economic war between East and West.

US bans imports of Russian oil and gas

9 March 2022

US President Joe Biden announced on March 8 that his country was banning imports of Russian oil and gas, as well as coal.

EU vows to cut Russian gas supply by two thirds within a year

9 March 2022

The European Commission has unveiled plans to cut EU gas imports from Russia by 100bn cubic metres within one year. Russia is the bloc's single largest supplier of the fuel, meeting around 40% of its demand.

Russia strikes back with counter sanctions in an escalating economic war, banning commodity exports for the rest of 2022

9 March 2022

Only hours after the US announced a ban on oil imports from Russia, Russian President Vladimir Putin struck back with counter-sanctions that will ban the export of Russian commodities until the end of 2022 on March 8.