FSUOGM - Former Soviet Union Oil & Gas

26 November 2024

Serbia seeks Russian support for Druzhba oil spur

25 November 2024

Russian oil pipeline operator Transneft announced on November 21 it had signed a memorandum of co-operation with Serbia’s Transnafta Pancevo.

Moldova to talk with Gazprom on gas supply via alternatives to Ukraine route

25 November 2024

Moldovan Energy Minister Victor Parlicov intends to hold talks with representatives of Russia’s Gazprom on ensuring Russian gas supply to the breakaway region of Transnistria via alternative routes to Ukraine.

Ilsky refinery seeks state support for modernisation

25 November 2024

The independently-owned Ilsky oil refinery in Russia’s Krasnodar region has approached the government for support under an agreement with the energy ministry to modernise the plant.

Gazprom Neft hired to boost flow from Norilsk Nickel gas wells

25 November 2024

Russian oil producer Gazprom Neft announced on November 21 it had been hired by Russian mining and smelting firm Norilsk Nickel to help boost the productivity of wells at the North-Soleninskoye gas and condensate field in northern Russia.

Foundation work begins on Amur GCC's polypropylene unit

25 November 2024

The Amur Gas Chemical Complex, a joint venture between Russia’s Sibur and China’s Sinopec, has begun foundational work on its polypropylene production unit.

Russia discusses draft new energy strategy

25 November 2024

Russia’s energy ministry hosted discussions on November 22 on the country’s draft national energy strategy up to 2050.

Kazakhstan makes fresh pledge to make up for producing beyond OPEC+ quota

25 November 2024

Kazakhstan's government has once more vowed to make up for exceeding its OPEC+ quota for oil production this year, stating it will curtail output by an equivalent amount between now and September next year.

Moldova to face tough winter if Gazprom stops supplying free gas to Transnistria

25 November 2024

Moldovan officials are heading for talks with Gazprom in Moscow ahead of the expected cutoff of gas supplies via Ukraine. n

Azerbaijan's oil and gas export revenues drop by $6.7bn in 2024

25 November 2024

During the first 10 months of 2024, Azerbaijan exported oil and gas worth $19.934bn according to the State Customs Committee.

Gazprombank sanctions will cause Europe gas payment problems

24 November 2024

The United States has imposed new sanctions on Russia’s Gazprombank that could make it impossible for Russia’s European customers still importing Russian gas to pay for it.

US investor and Russia business veteran Stephen Lynch interested in acquiring the Nord Stream 2 pipeline should it go bust

23 November 2024

American investor and Russia investment veteran Stephen Lynch is interested in acquiring the Nord Stream 2 pipeline should it become available during bankruptcy proceedings of Nord Stream 2 AG, the operator of the damaged gas pipeline.

Serbia, Russia sign memorandum to build joint oil infrastructure

22 November 2024

Concerns over potential disruptions due to sanctions have spurred Serbia to seek alternative gas supply routes.

Azerbaijan’s oil and petroleum product exports drop in January-October 2024

22 November 2024

In the first ten months of 2024, Azerbaijan exported 495,484.05 tonnes of petroleum products worth $309.02mn.

COMMENT: Will COP29 become a milestone in Azerbaijan’s long-term energy strategy?

21 November 2024

After years of reliance on fossil fuel exports, Azerbaijan is steadily switching to renewable energy sources.

Moldovan minister to visit Moscow to discuss gas issues

21 November 2024

Moldova’s Energy Minister Victir Parlicov received an invitation to meet with Gazprom CEO Alexey Miller in St. Petersburg, Parlikov told journalists on November 20 after a government meeting.

Ukrnafta acquires majority stake in Shell's Ukrainian gas stations

20 November 2024

Ukrnafta, a state-owned oil and gas extraction company and subsidiary of Naftogaz, has acquired a 51% stake in Shell's gas station network in Ukraine.