FSUOGM - Former Soviet Union Oil & Gas

Global diesel shortage pushes prices over $1,000 per tonne

Oil refineries worldwide are grappling with challenges in meeting the demand for diesel, a crucial fuel that powers various sectors of the global economy, Bloomberg reported on September 19.

Clock is ticking for Russia to clinch gas supply deal with China

The clock is ticking for Russia to reach a contract with China for natural gas supply via the planned Power of Siberia 2 pipeline, but while Moscow claims negotiations are progressing, Beijing has been mute on the subject.

Ukraine storage reaches 14.7 bcm, enough for winter

Ukraine has accumulated 14.7bn cubic metres of natural gas in its underground storage facilities, passing the target needed to get through the winter, the Ukrainian Ministry of Energy reported on September 19.

Russian regions hit with fuel shortages as crisis intensifies

The fuel crisis that has engulfed Russia as a result of high international prices, a weaker ruble and a cut in subsidies to domestic refineries has led to outright shortages in some of the country’s southern regions, prompting government alarm.

Uzbekneftegaz, US firm Solar Turbine discuss plans to produce gas turbine engines for energy and hydrogen production

OPEC reportedly expects Kazakhstan’s liquids supply to grow in 2023

Ukraine's domestic gas production approaches pre-war levels

EU countries increased gas imports from Azerbaijan by 6.1% y/y in January-July

Russia clears use of non-reinforced oil tankers in Arctic in bid to ensure exports stay high

Russia has permitted unreinforced oil tankers to travel through the Northern Sea Route in the Arctic – a route the country has had to rely increasingly on to export its oil, natural gas and other natural resources in the face of Western sanctions.

Oil exports from Azerbaijan increased by 3% y/y in January-August

Azerbaijan increased gas exports by 15.5% in first 8 months

Moldova regulator fines local Gazprom-controlled gas company.

Russia's energy ministry backs new LNG liberalisation initiative

Russia’s energy ministry has thrown its support behind the partial liberalisation of LNG exports in a bid to bring more projects on stream faster, by granting subsidiaries of companies that already have export licences the right to ship LNG abroad.

Moldova slaps fine on Gazprom unit for failure to unbundle transport operations

Moldova’s energy regulator ANRE has slapped a $1.9mn fine on a division of Russia’s Gazprom for failing to unbundle its gas transporting operations from those of its supply activities, it announced on September 15.

EU continues calls to eliminate Russian LNG

EU Energy Commissioner Kadri Simson called on September 14 for the bloc to curb its Russian LNG imports with the end-goal of eliminating them completely, as Brussels considers ways of further strangling Moscow’s revenue source.

FSUOGM: Austria struggles to kick addiction to Russian gas

Azerbaijan increased gas exports from Shah Deniz by 8% in January-August

US singles out Turkey with latest war sanctions package

Ankara gets a poke in the eye as Washington launches new attempt at hobbling Putin’s war machine by targeting technology shipments and financial channels.

Russia's plan to create ‘gas hub’ in Turkey reportedly entangled in squabbles

ASX-listed Jade Gas says pilot production on horizon at CBM project in Mongolia

COMMENT: What to expect if Bulgaria expels Lukoil

Russian oil company effectively used its business activities to develop enormous political leverage in Bulgaria.

BP-Azerbaijan begins drilling from new CEA platform

Kazakh oil and gas condensate output declines 3% m/m in August

Ukraine’s Cabinet of Ministers gives control of Glusco gas station network to Ukrnafta

THE VIEW FROM MITTELEUROPA: Austria struggles to kick addiction to Russian gas

But cold turkey looms at the end of next year when Ukraine looks set to suspend pipeline shipments.

Afghanistan returns ‘low-quality’ oil to Uzbekistan and Iran

Russia's lost opportunity in the energy transition

Russia has lost, potentially irrevocably, its status as Europe’s top gas supplier as a result of its invasion of Ukraine and its subsequent weaponisation of supplies.

Kazakhstan reduces daily oil output due to maintenance works at Karachaganak field

QazaqGaz intending to launch new Anabay gas field this year

Chevron’s Tengiz field expansion reportedly delayed until end-2024

Russian filling stations suffer losses amid soaring wholesale fuel prices

Filling stations in Russia are currently loss-making, Vedomosti reported on September 7 citing data from Russian consultancy Petromarket, as a result of soaring wholesale prices for fuels.