FSUOGM - Former Soviet Union Oil & Gas
OMV warns Russia could cut off its gas supply
Austrian oil and gas company OMV warned on May 22 that gas supply from Russia’s Gazprom could be halted in relation with a foreign court ruling, without identifying the case.
Uzbekistan's Saneg begins large-scale methane reduction project
Uzbek oil and gas company JV Sanoat Energetika Guruhi LLC (Saneg) said on May 20 it had become the first company in Central Asia to register a methane emissions reduction project.
In April, India imports highest volume of Russian oil in nine months
India’s Russian oil imports surged to a nine-month peak in April 2024, driven by the resumption of shipments on non-sanctioned tankers operated by Russia's largest shipping company, Sovcomflot
Russian seaborne oil export revenues up 7% in April
Russia’s export revenues from seaborne crude oil rose 7% month on month in April to €268mn per day, according to the CREA.
India's Russian oil imports hit record in April
India’s Russian oil imports rose to their highest level in nine months in April, following the resumption of shipments on board non-sanctioned tankers operated by Russia’s state-owned shipowner Sovcomflot.
Krasnodar refinery shuts down after drone strike
An oil refinery in Russia’s southern Krasnodar region suspended operations on May 19 following a Ukrainian drone strike.
Russia says Power of Siberia 2 deal with China will be signed "in near future"
Russia and China anticipate signing a contract “in the near future” on gas supplies via the planned Power of Siberia 2 pipeline, Russian Deputy Prime Minister Alexander Novak was quoted as saying.
Russia lifts temporary ban on gasoline exports
Russia’s government has suspended its temporary ban on gasoline exports until June 30.
Bulgargaz files claim against Gazprom over lost gas supply
Gazprom faces another compensation claim for lost gas supply from a former European customer – this time Bulgaria’s state gas company Bulgargaz.
Uzbekneftegaz could join Azerbaijan's Shah Deniz gas project
Uzbekistan’s national oil company Uzbekneftegaz could take part in the development of the giant Shah Deniz gas field in Azerbaijan’s section of the Caspian Sea.
PetroSA deal with Gazprom to revive South Africa’s dormant refinery moves to feasibility study stage
Russian Gazprom cancels dividend after 2023 loss, sells property
The Russian government has published a recommendation for the state gas giant Gazprom to not pay dividends for 2023.
Ukraine state companies ramp up gas and oil production
Ukraine's state-owned energy companies are set to bolster gas and oil production this year, aiming to enhance the country’s energy security.
Kazakhstan releases April statistics on items including oil, gas, fuels, metals, coal and water supply
Malaysian PM Anwar outlines huge potential for cooperation during official visit to Uzbekistan
Israel's Leviathan gas field is on standby but is Bulgaria's Khan Tares next for SOCAR?
Azerbaijan's national oil and gas company SOCAR is eyeing new Black Sea oil & gas projects, while the Israeli gas field is on hold for now due to the war.
Turkey simply relabels Russian oil products and exports them to Europe, research indicates
Country appears to have quite brazenly emerged as a strategic pitstop for fuel products from Russia rerouted to the EU.
Azerbaijan's commercial oil production decreases, gas production increases
According to the State Statistics Committee, the production of the main product of the sector, commercial oil, was 9.619mn tonnes, while commercial natural gas production was 12.7427 bcm.
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