FSUOGM - Former Soviet Union Oil & Gas

Russia counter-sanctions Gazprom’s former foreign units, including Gazprom Germania

Lithuanian deputy foreign minister says no breakthrough in EU talks on Russian oil sanctions

Eurasia Drilling Company to be sold and registered in Russia

Ukraine days away from exhausting civilian fuel – Economy Minister Yulia Svyrydenko

Ukraine days away from exhausting civilian fuel – Economy Minister Yulia Svyrydenko

EBRD 2022: Trade Commissioner hopeful for EU oil export ban deal to strike Russian war machine

European Trade Commissioner Valdis Dombrovskis says sanctions on hydrocarbons will get "to the heart of the Kremlin war machine financing".

Russia gas flows to Europe via Ukraine disrupted by war for the first time

Part of Russian natural gas transit flows to Europe via Ukraine were halted due to the war on May 11, sending European gas prices spiking.

Kazakhstan’s state-run oil pipeline operator KTO reports Q1 oil shipments decline

EBRD says rising gas price remains a major risk for Moldova

Chinese yards to stop work on modules for Arctic LNG 2

Chinese yards are reportedly set to halt work on modules for the Novatek-led Arctic LNG 2 project in Russia by the end of May.

FSUOGM: Russia puts Nord Stream 2 to work for domestic market

Ukraine needs access to LNG capacity: gas grid head

G7 commit to phasing out Russian oil

Russia puts Nord Stream 2 to work for domestic market

EU talks on Russian oil embargo stall

ION Energy says visit to Mongolia lithium sites reinforces view of assets' potential

Lukoil closes purchase of stake in Gazprom Neft project

Petro Matad's drilling in Mongolia halted by China lockdown

Orlen eyes leadership role in CEE fuel supply

World Bank report: 10 oil-producing countries account for 75% of global gas flaring

A report from the World Bank's Global Gas Flaring Reduction Partnership (GGFR), says gas flaring resulted in nearly 400mn tonnes of carbon dioxide (CO2) equivalent emissions in 2021.

Iran finds more partners as EU looks to save deal

Turkmen carbamide plant reports export volume

Mitsui writes down value of Russian LNG investments

Japan’s Mitsui & Co. said this week that it had written down the value of its investments in two Russian LNG projects by a combined JPY80.6bn ($617mn).

GLNG: Mitsui writes down value of Russian LNG investments

Japan’s Mitsui & Co. said this week that it had written down the value of its investments in two Russian LNG projects by a combined JPY80.6bn ($617mn).

Shell in talks with Lukoil on sale of Russian filling station network

European LNG rundown

Turkish energy imports leap 134% y/y to $7.75bn in April

Azerbaijan's oil production quota within OPEC+ will increase to 695,000 bpd in June

BP suspends oil exports via the Baku-Supsa pipeline

BP increased gas production from the Shah Deniz field by 18% in Q1, oil decreased by 11.4%

SOFAZ's revenues from the sale of oil and gas from ACG and Shah Deniz exceeded $3.3bn in January-April

Russian extraction tax collection down 37% in April

Czechs join Slovakia and Hungary in demanding exemption from EU embargo on Russian oil

Heavily-dependent states will be allowed to buy Russian oil exports until the end of 2023, while other states have to cease crude deliveries in six months.

TotalEnergies reports first-quarter profit

France’s TotalEnergies has posted a profit for the first quarter of 2022, despite a $4.1bn impairment that was attributed to its business in Russia.

India reportedly angling for steep discount on Russian oil

India is reportedly putting pressure on Russia to lower the price of its crude oil to make up for the extra challenges that buyers have encountered in the wake of the invasion of Ukraine in late February.

Russian senator says embargo will lead EU countries to buy Russian oil via third parties

A Russian legislator has said that he expects Europe to continue buying crude oil from Russia even if it imposes an embargo on imports.