FSUOGM - Former Soviet Union Oil & Gas

20 August 2024

China shaping Azerbaijan's energy future amid US competition in Caspian region

19 August 2024

China's foreign policy relies in no small part on its investments in other nations' energy transitions, which foster strategic alliances and increase its geopolitical clout

Russian seaborne fuel exports up 3.8% in July

19 August 2024

Russian seaborne oil product exports were up 3.8% month on month in July at 10.53mn tonnes, as seasonal maintenance work wound down.

Ukraine would not have blown up Nord Stream pipes without Washington's consent, claims top Russian diplomat

19 August 2024

Ukraine would not have blown up the Nord Stream pipelines without getting approval from the US, according to Russia's ambassador to Washington.

Kazakhstan to target more hard-to-recover resources over the coming years

15 August 2024

Kazakhstan’s state-owned KazMunayGas plans to ramp up oil production over the coming years and decades by exploiting hard -to-recover oil reserves.

Azerbaijan ramps up gas supply by 4.6% in 7M 2024

15 August 2024

Azerbaijan ramped up natural gas production by 4.6% year on year in January through July to around 29.5bn cubic metres.

Ukraine resumes production at Sakhalin gas field

15 August 2024

The Ukrnaftoburinnia company, which oversees production at Ukraine's Sakhalin field, restarted extraction on August 10, adding approximately 1.39mn cubic metres of natural gas to the country's daily output.

Rosneft wants new methodology for calculating oil prices for tax

15 August 2024

As usual, Rosneft is lobbying on various fronts currently.

Eni starts shipping Kazakh oil to Germany via Druzhba

15 August 2024

Italy’s Eni has begun shipping Kazakh oil to Germany via the Russian Druzhba pipeline system.

Ukraine and Russia maintain gas transit to Europe despite fighting in Kursk

15 August 2024

Ukraine and Russia will continue to transport fuel through pipelines despite ongoing military conflict in Russia's Kursk region, ensuring a steady flow of gas to Europe.

January-July 2024 sees increase in Azerbaijan's oil and gas production

15 August 2024

In January-July 2024, the total value of production in the mining industry in Azerbaijan amounted to AZN24.23bn, reflecting a 1.1% increase y/y.

Ukrainian diving instructor suspected of blowing up Nord Stream gas pipelines on the run from a German arrest warrant

14 August 2024

A Ukrainian diving instructor suspected of being part of the gang that blew up Nord Stream gas pipelines last year is on the run. German prosecutors issued an arrest warrant for the man only identified as Vladislav Ts on August 13.

The Russian government has extended a ban on petrol exports until the end of 2024

14 August 2024

The Russian government has extended a ban on petrol exports until the end of 2024, aiming to stabilise the domestic market amid increased seasonal demand and scheduled refinery repairs.

Uzbekistan eyes private sector for liquefied gas distribution

14 August 2024

Uzbekistan is exploring involving the private sector in liquefied gas distribution, which could impact nearly half of the country's population.

SOCAR's oil and gas production rises in 2Q24

14 August 2024

In 2Q24, the State Oil Company of the Republic of Azerbaijan carried out 21.6 km of drilling operations.