FSUOGM - Former Soviet Union Oil & Gas

23 September 2022

Ukraine's State Budget severely weakened by depletion of Russian gas flow

21 September 2022

Ukraine has lost a significant chunk of revenue from the depletion of Russian gas transits through the country caused by Moscow’s invasion, Ukraine Business News reported on September 20.

ING: Energy price caps are appealing, but are not without risks

21 September 2022

On 14 September 2022, Ursula von der Leyen, President of the European Commission, announced in her State of the Union speech a set of proposals to mitigate the impact of high energy prices.

Could Mongolia host a China-Russia oil pipeline?

17 September 2022

Russia proudly unveiled plans in 2019 to build a second natural gas pipeline to China, this time traversing Mongolia. As the EU drives to sever all energy ties with Russia, Moscow now appears to be pushing for an oil pipeline too.

Amid global energy crisis Balkan states reach out to energy-rich Azerbaijan

15 September 2022

With the deepening energy crisis in the West triggered by Russia's intervention in Ukraine, European countries including Bulgaria and Serbia are eyeing alternative suppliers for additional natural gas volumes.

EU proposes €140bn windfall tax on non-gas energy

15 September 2022

Under the windfall tax plan, companies would be required to hand over their excess profits over a cap of €180/MWh.