FSUOGM - Former Soviet Union Oil & Gas
Russia sends three diesel-loaded tankers to Sudan
Imports of Russian oil to Czechia increase by 2% y/y in 2023
Imports of Russian oil to Czechia from the Druzhba pipeline increased by 2% year-on-year in 2023 and amounted to a 58% share of the overall oil imports to the country
How much damage can Ukraine’s drone attacks on Russian oil refineries do?
Since the beginning of the year, Ukrainian drones have attacked over two dozen Russian oil refineries and several oil depots in the first sustained campaign against Russia’s oil product producing facilities.
Lukoil expands in Kazakhstan
Lukoil is expanding its oil and gas operations in Kazakhstan, amid limited overseas opportunities for the company because of Russia’s increased international isolation.
Russia's top four drilling firms see profit surge 54% in 2023
The combined net profit of the four biggest oilfield services companies in Russia surged by 54.1% in 2023 to $337mn on the back of increased drilling.
Naftogaz secures gas storage agreements with European companies
Naftogaz has signed agreements with German, Norwegian and French firms for gas storage services in Ukraine, despite continued Russian attacks.
China moves past India as top importer of Russian crude via sea
China has emerged as the foremost purchaser of Russian seaborne crude, outstripping India's import volumes, according to data from energy cargo tracker Vortexa
Disrupted refining boosts Russian oil exports in March
Russian oil companies significantly increased offshore oil exports to 3.8mn barrels per day in March 2024 amid refinery utilisation problems, up by 5% year on year and making the highest oil exports since May 2023.
Crude oil prices remain in motion amid Middle East uncertainty
Fresh talks between Israel and Hamas at the start of the week prompted Brent and WTI prices to slip from higher prices during the previous week, but a lack of progress in the talks by mid-week and a pending new attack by Israel prompted concern.
Russian Lukoil joins Kazakh offshore project for $200mn
Russian oil major Lukoil paid $200mn to enter into joint projects with Kazmunaigas to develop the Kalamkas Sea, Khazar and Auezov fields on the Caspian shelf, Kazmunaigas reported as cited by Renaissance Capital.
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