FSUOGM - Former Soviet Union Oil & Gas

7 June 2023

Ukrgazvydobuvannya launches new gas well in eastern Ukraine with daily production of 230,000 cubic metres

6 June 2023

Ukrgazvydobuvannya, a subsidiary of Naftogaz Group, has successfully drilled and activated a high-rate well in eastern Ukraine, resulting in an additional daily supply of 230,000 cubic metres of natural gas for the country, Naftogaz stated.

Saudi cuts deeper as OPEC+ extends deal

5 June 2023

Saudi Arabia has announced that it will cut its oil output by 1mn barrels per day in July, with OPEC+ agreeing to extend its current deal until next year.

PANNIER: Precarious balancing act for ‘everybody’s friend’ Central Asia

2 June 2023

West might talk tough on Russia sanctions enforcement, but it may have to settle for half-hearted promises from region.

TotalEnergies will start gas production from the Absheron field in the coming weeks

2 June 2023

Production of the first gas from the Absheron field in the Azerbaijani sector of the Caspian Sea will begin in a few weeks, said Jean-Luc Guiziou, senior vice president for Europe at TotalEnergies.

Russia stuck with $1bn of rupees per month on Indian trade

2 June 2023

Russia is accumulating up to $1bn per month in rupee assets stranded outside the country due to unresolved issues in the trade relationship with India, Bloomberg reports.

Russian petrochemical major Sibur switches to yuan in China trade

2 June 2023

Russia’s petrochemical major Sibur completely shifted to the Chinese yuan in its trade settlements with China, as well as to the Vietnamese dong in the settlements with Vietnam, and to the Turkish lira in the settlements with Turkey in 2022.

Saudi and Azerbaijan sign broad energy deal

1 June 2023

Saudi and Azerbaijan sign broad energy deal