FSUOGM - Former Soviet Union Oil & Gas

Ruble vulnerable to foreign buybacks

The ruble could bear additional risks from share buyback offers to foreign shareholders similar to that reportedly considered by Lukoil oil major, Sberbank CIB analysts argue as cited by Kommersant daily.

Kazakhstan expects to transit at least 900,000 tonnes of oil via Druzhba pipeline to Germany within this year

Kazakhstan buys two new tankers with 8,000 deadweight tonnage for Caspian Sea oil shipments

Gas branch of Gazprom giant loss-making in 1H23

Ukrgasvydobuvannya discovers new gas field with 1 bcm in reserves

Ukrgasvydobuvannya, a subsidiary of Naftogaz, discovered a new gas field with reserves of 1bn cubic metres of fuel, the company announced on August 30.

Azerbaijan starts gas production from Absheron field in strategic energy boost

Hungary to increase purchases of natural gas from Azerbaijan

Bulgaria to probe secret deals with blacklisted Russians on TurkStream construction

Prosecutors are probing allegations that Bulgarians officials secretly met sanctioned Russians to speed up construction of the local stretch of the TurkStream pipeline.

China eyes cheaper Iranian crude as Russian discounts dry up

With rising prices seen on Russian crude imports of late, speculation is rife in East Asia that authorities in Beijing will soon give the nod to increased imports of Iranian crude in the coming months.