FSUOGM - Former Soviet Union Oil & Gas

13 December 2022

Notorious Ukrainian oligarch Kolomoisky is major beneficiary of JKX Oil & Gas

12 December 2022

Ukrainian oligarch Ihor Kolomoisky has been revealed to be a major private beneficiary of JKX Oil & Gas, Interfax-Ukraine reported.

Gas crunch emerging in East as Kazakhstan fails to meet China’s import requests

10 December 2022

Try as it might, Beijing is unable to lock in Kazakh gas flows. Russian shipments via Uzbekistan might eventually be the answer.

Russia damages 350 Ukrainian gas facilities totalling $700mn

9 December 2022

Russia’s recent attacks have damaged 350 Ukrainian gas facilities, causing $700mn in lost gas production capacity, the Kyiv Independent reported on December 8.

Uzbekistan rejects Putin’s proposed ‘gas union’

9 December 2022

Tashkent’s coolness towards scheme that would also involve Kazakhstan will be seen as another sign of growing fissure between Russia and Central Asia. Kremlin claims pact would have no political strings.

War in Ukraine speeds up global transition to renewable energy

7 December 2022

The global energy crisis caused by Russia’s full-scale invasion of Ukraine has sped up the green transition, Ukraine Business news reported on December 7.

Ukraine will need gas imports in February and March

7 December 2022

Ukraine is likely to need gas imports in February and March next year, Interfax Ukraine reported on December 6.

The world's biggest oil producers

7 December 2022

The United States is by far the world’s biggest producer of oil, having produced around 16.6mn barrels of oil on average per day in 2021, Statista reports.

Turkmenistan: A shining city in a book of records

7 December 2022

Russia is proposing a major reconfiguration of the Central Asian gas market. Eurasianet’s weekly Turkmenistan briefing.

Can Russia sneak gas into the EU via a Turkish gas hub?

6 December 2022

Russia has been eagerly pushing for the further development of Turkey as a “gas hub” for its gas supplies to Europe. Analysts are asking if this simply a ruse to dodge sanctions and surreptitiously continue to export gas to EU members.

Oil tanker jam forms off Turkey as Russian oil price cap disrupts markets

6 December 2022

An oil tanker traffic jam has formed off the Turkish coast after the EU’s introduction of a price cap on global Russian crude supplies, the Financial Times reported on December 5. Turkish authorities are demanding new proof of full insurance cover.

Gas flow from EU to Ukraine reduced by nearly 30% in November

6 December 2022

There was a near 30% decrease in gas flow from the EU to Ukraine last month, Ukraine Business News reported on December 5.

MOSCOW BLOG: Oil embargo day

5 December 2022

The EU’s oil embargo on importing Russian oil comes into effect today. The blanket ban on seaborne oil deliveries is softened by the oil price cap scheme, so that the EU can import oil from Russia provided it costs less than $60.

EU, G7 approve Russian oil price cap as embargo on country's crude comes into force

5 December 2022

The EU and the G7 nations clinched a deal last week to fix the price of seaborne Russian crude oil exports at no more than $60 per barrel, aimed at crippling Moscow’s revenue stream while avoiding major disruption in the global oil market.

Moldova to send all its gas from Gazprom to Transnistria

5 December 2022

Chisinau aims to avoid blackouts, bring down electricity prices and improve relations with Russia-backed separatists in Transnistria with latest move.

How well will the EU’s oil embargo on Russia’s seaborne exports work?

3 December 2022

The EU’s oil embargo, contained in the sixth and eighth packages of sanctions, comes into effect on December 5 and is likely to severely disrupt Russia’s oil trade but not stop it.