FSUOGM - Former Soviet Union Oil & Gas

24 August 2022

ISTANBUL BLOG: Turkey doubles oil imports from Russia. What gives?

22 August 2022

The West watches on as Erdogan scorns sanctions on the Kremlin. If the law of the trade-off holds, don’t expect any action.

Bulgaria’s caretaker government starts talks to resume gas imports from Russia

22 August 2022

Energy Minister Rossen Hristov says talks with Gazprom are "inevitable" after Sofia failed to secure enough gas from other sources.

FSUOGM: Russia sets up new entity to manage Sakhalin-2

22 August 2022

#bne #EmergingMarkets #russia #sakhalin2 #sanctions #energycrisis #ukraine

Lukoil hits back at Aker over Pecan oil project offshore Ghana

22 August 2022

Lukoil says that Aker Energy's concerns about incurring sanctions penalties over the Pecan oilfield offshore Ghana are unwarranted.

Russia's Asian oil and gas pivot will take too long

21 August 2022

Russia is looking to fast-track its pivot to Asia in order to offset the loss of revenues that its energy divorce with the EU is bringing about. But in the best-case scenario, it would take it at least a decade to ramp up gas supplies to Asia.

Russia to shut down Nord Stream completely for three days from August 31

21 August 2022

Russia plans to close down the Nord Stream gas pipeline for three days between August 31 and September 2, in a move that will put further strain on the European gas market.

Gazprom to shut down Nord Stream 1 for three more days

19 August 2022

Russian gas giant Gazprom announced on its Telegram channel that the Nord Stream 1 pipeline will be closed down for three more days on August 19, further stoking fears that the Kremlin intends to cause a major energy crisis in Europe this winter and

Bondholders reject second proposal from Naftogaz to delay payments

19 August 2022

Ukraine’s national oil and gas company Naftogaz had its second proposal to defer debt payments rejected by bondholders, Ukraine Business News reported on August 19.

Canada to give Ukraine $450mn for emergency gas purchases as country struggles to fill storage tanks

18 August 2022

Canada will provide Ukraine with $450mn for emergency gas purchases before the heating season as the country struggles to gather enough reserves, the Kyiv Independent reported on August 17.

European gas prices reach fresh peak as EU nears 75% threshold with gas storage

17 August 2022

The EU faces an uphill struggle contending with continually soaring energy costs this winter.