FSUOGM - Former Soviet Union Oil & Gas
Russia drafts law banning aircraft flying over oil facilities
Russia’s energy ministry has proposed restricting flights over fuel and energy facilities, following a series of drone attacks by Ukraine on strategic energy infrastructure.
Analysts ask questions of Rosneft gas output numbers
Inpex sheds stake in East Siberian oil project to Itochu
Japanese oil and gas producer Inpex is selling its minority stake in Russian oil project INK-Zapad in Eastern Siberia to Japanese trading firm Itochu
The oil and gas industry is poised to invest over $1 trillion in new gas supplies, driven by Europe's rising demand
The oil and gas industry is poised to invest over $1 trillion in natural gas supplies, responding to Europe's robust demand, which will invest a quarter ($223bn) of that amount alone by 2033, according to a report from Global Witness.
China's Sinopec to join KazMunayGas project to create major polyethylene plant in Kazakhstan
Russia could set no-fly zones over energy infrastructure
“Masked Russian oil” supplied via Turkish terminal has even ended up in US warships, claim senators
Is this the last year of Russian gas transit via Ukraine?
Ukraine has insisted it has no intention of renewing its gas transit contract with Russia that is due to expire at the end of this year.
IEA predicts Russian pipe gas exports to stabilise in 2024
Russian gas pipeline supplies to Europe should stabilise in 2024 at the same level as last year – a year in which they crashed to their lowest level since the 1970s.
Transnistria’s overdue debt to Gazprom exceeds €10bn
IndustriALL Global Union urges Kazakh authorities to end persecution of striking oil workers
Gas output of Russian oil major Rosneft hits record in 2023
Russia’s Sibur switches to domestic market as local polymer demand rises
Sibur, Russia’s biggest producers of polymers and rubbers, said it boosted sales on the home market as demand for its output continued to rise across various sectors of the economy.
Gas output of Russian oil major Rosneft hits record in 2023
Russia’s largest crude oil producer state-controlled Rosneft increased its gas output by 42.5% year on year to 106bn cubic metres.
Russian oil output slips 1% to 530mn tonnes in 2023
Russia firming plans for carbon taxes on industry
Moldovagaz proposes lower natural gas prices
KazTransOil says cost of transiting Russian oil to China to remain unchanged until 2034
Kazakhstan to boost transit of Russian oil to Uzbekistan in 2024
KazTransOil, the state-run oil pipeline operator of Kazakhstan, intends to increase the transit of Russian oil to Uzbekistan to 550,000 tonnes in 2024, from a previously planned 500,000 tonnes.
Ukraine denies Fico’s claims it could prolong Russian gas transit
“The stance of the Ukrainian side is straightforward: the transit contract will expire at the end of this year,” says Ukrainian government.
Construction of Power of Siberia 2 gas pipeline faces delays as Chinese enthusiasm wanes
Russia’s Power of Siberia 2 (POS2) gas pipeline to China will face construction delays.
Russia’s oil industry is threatened by Ukrainian drones, Western sanctions
Russian oil refineries are not normally newsmakers, but they have found themselves on the front page recently as Ukraine’s new long-range drones have brought some of Russia’s oil infrastructure within striking distance.
Ukraine’s national oil company Ukrnafta to construct 30 new wells in 2024
Ukrnafta, Ukraine's leading oil company, has unveiled plans to build 30 new wells across the eastern and western regions of the country in 2024, the company said in a press release quoting Serhiy Koretsky, the company's director.
Italy’s Eni and Kazakhstan’s KazMunayGas prepare to drill exploration well near Kashagan
Croatian Janaf and Kazakh KazMunayGas sign MoU on cooperation
Croatian crude oil transportation company Janaf has entered into a memorandum of understanding with Kazakhstan's KazMunayGas, focusing on potential collaboration in oil transportation and storage of oil and oil derivatives.
Ukraine won't renew its Russian natural gas transit deal at the end of this year
Ukraine has decided not to renew its contract for the transit of Russian natural gas to Europe after the deal signed in December 1999 expires at the end of this year, the Cabinet of Ministers' press service told Interfax-Ukraine on January 25.
Condor to construct Kazakhstan’s first modular LNG facility
Georgia's gas imports from Russia up by 16.5% in 2023
Azerbaijan's oil is in decline, but gas is growing
Azerbaijan has established itself as one of the key players in the European energy sector, particularly in the context of oil and gas production and export.
Latvian government urges businesses to phase out Russian LPG imports
The Latvian government called on local companies to end Russian liquid petroleum gas imports as soon as possible and to adapt in time to the expected sanctions, Prime Minister Evika Silina (New Unity) said on January 22.
BP began a five-year 4D seismic programme at ACG worth $370mn
According to the company, the 4D seismic exploration programme is aimed at studying the Balakhany and Fasilya productive formations in the ACG block. It will cover an area of 740 square km under the seismic source.
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