FSUOGM - Former Soviet Union Oil & Gas

23 February 2023

Fossil fuel consumption subsidies in 2022 were at record high of $1 trillion

22 February 2023

According to the International Energy Agency, worldwide subsidies for fossil fuel consumption increased dramatically in 2022, surpassing $1 trillion for the first time.

One year on: Sanctions had a very limited effect on Russia's economy in 2022

22 February 2023

RosStat reported an even milder contraction in Russia's GDP in 2022 than the most optimistic forecasts from all the economists that follow Russia on February 20. This has been the least painful of all the crises since the fall of the Soviet Union.

Albania seizes tanker suspected of sanctions-busting Russian oil delivery, as Russian shipborne exports soar

21 February 2023

The Grace Felix oil tanker, flying the Liberian flag, was seized by authorities on February 20, suspected of breaking sanctions by smuggling oil out of the country, as Russia’s shipborne oil exports soared.

HESS: Russia is down, but not out, in Central Asia

18 February 2023

Russia’s invasion of Ukraine has weakened its influence in Central Asia, especially in Kazakhstan. Russia is no longer a regional hegemon, which may increase regional instability. Tensions between Kyrgyzstan and Tajikistan are especially dangerous.

Anthony Marino appointed as chairperson of Ukraine's gas giant, Naftogaz

16 February 2023

Ukraine’s gas giant, Naftogaz, announced Anthony Marino as the new chairperson of the Supervisory Board, the company announced on February 10.