FSUOGM - Former Soviet Union Oil & Gas

6 April 2022

Ukraine maintains the balance of the country’s fuel supply

5 April 2022

Ukraine maintains the balance of the country’s fuel supply

Rich countries must cut oil and gas output 74% to ensure fair transition

5 April 2022

Rich countries must reduce oil and gas output by 74% by 2030 and fully by 2034 in order to keep the world on track for 1.5°C and give poorer oil-reliant countries longer to replace their income from fossil fuel production.

LONG READ: Afghanistan key to uncorking Russia's access to South Asia

4 April 2022

To the West, Russia is once more viewed as an international pariah. For a viable economic path, Moscow must look east and south across Asia. Afghanistan as well as Central Asia could be crucial to its plans.

Russia continues to strike Ukraine’s oil refineries and fuel depots

4 April 2022

Russia continues to strike Ukraine’s oil refineries and fuel depots

Russia and India are setting up direct oil payment channel

3 April 2022

Russian state development bank VEB.RF and the Reserve Bank of India have set up a direct payment channel as an alternative to SWIFT. Reportedly, the channel will serve transactions in rupee and rubles, most notably for Russian oil and gas.

An energy embargo on Russia would hurt Europe as much as Russia

1 April 2022

The West is threatening to impose an energy embargo on Russia. The EU has a plan to cut hydrocarbon imports from Russia to zero as soon as 2025 or maybe sooner if Russia scales up its attack on Ukraine.

Germany says Putin has agreed to keep payments for gas in euros

31 March 2022

German Chancellor Olaf Scholz has announced that Russian President Vladimir Putin has climbed down from a demand that Europe pay its gas bills in rubles, and will allow payment in euros for the meantime.

Poland presents timetable for ending Russian energy imports by 2023

31 March 2022

Poland will end buying Russian coal by May, and stop Russian oil and gas imports by the end of December.

Rosneft-owned Schwedt refinery near Berlin puts the problems with sanctioning Russian oil under the spotlight

30 March 2022

The oil refinery in Schwedt supplies Berlin with 95% of its oil products, but it is owned by a Russian oil company and imports all its oil from Russia. Forcing it to stop is not so easy, the German government has found.