FSUOGM - Former Soviet Union Oil & Gas

7 July 2022

Ukraine to invest $500mn in gas storage facilities

6 July 2022

Ukraine will invest $500mn into developing gas storage facilities, Ukraine Business News reported on July 6.

Barkindo: Downstream factors play a key role in oil price volatility

6 July 2022

Mohammad Sanusi Barkindo, the late secretary-general of OPEC, said hours before his death that constraints in the downstream sector were making a bigger contribution to the volatility of oil prices than most observers realise.

OPEC secretary-general dies in Abuja

6 July 2022

Mohammad Sanusi Barkindo, the secretary-general of OPEC, died unexpectedly in Abuja late on July 5.

Ukraine pledges to help energy security as Europe battles fuel crisis

5 July 2022

Ukraine claims it can help energy security for European Union states as apprehension grows over the coming heating season, Ukraine Business News reported on July 4.

Naftogaz increases oil deliveries by 2.5 times to combat Ukrainian fuel crisis

3 July 2022

Ukraine’s state-owned oil and gas company Naftogaz is increasing oil delivery volumes by 2.5 times every month to combat the national fuel shortage, Ukraine Business News reported on July 1.

New Putin decree could force foreign stakeholders out of Sakhalin-2 gas project

1 July 2022

Russian President Vladimir Putin signed a decree that will transfer all rights and obligations of the Sakhalin-2 oil and gas project to a new Russian entity, in effect giving the Kremlin the power to nationalise foreigners' stakes.

Lithuania bans Russian gas imports over national security fears

1 July 2022

Lithuania bans Russian natural gas imports from entering the country amid concerns over national security, the Kyiv Independent reported on June 30.