FSUOGM - Former Soviet Union Oil & Gas
Russian court orders seizure of former Gazprom exec's assets
A Russian court has ordered the transfer of assets linked to a former Gazprom executive to the state, ruling that he illegally exercised foreign control over strategic enterprises through a network of affiliated companies.
Transnistria receives less gas as it fails to timely pay the bill
Natural gas supplies to Transnistria were reduced to 2.2mn cubic meters per day from 3mn, as the authorities in Moldova’s separatist pro-Russian region failed to make the payment in advance for the two weeks starting April 9.
Russian oil exports to China dip sharply in late March
Russian seaborne crude exports declined in the final week of March as maintenance at Chinese state-owned refineries and technical work at the Kozmino terminal led to a sharp drop in Far East shipments.
Kazakhstan mulls six-month ban on LPG exports
Kazakhstan’s energy ministry has drafted an order to introduce a six-month ban on exports of LPG, propane and butane by road and rail, in a bid to prevent fuel shortages
KMG teams up with LanzaJet to assess Kazakh SAF project
Kazakhstan’s national oil company KazMunayGas has signed an agreement with US firm LanzaJet and agricultural holding KazFoodProducts to develop a feasibility study for a sustainable aviation fuel production facility.
Breaking energy ties with Russia cost EU €1.3 trillion, says Vedomosti
In an extensive review of data, Moscow-based business daily Vedomosti has sought to estimate the high cost that the EU paid for breaking its energy ties with Russia.
OPINION: Europe eager to avoid swapping dependence on Russian gas for overreliance on US LNG amid Trump volatility
Europe is caught in a bind: unwilling to commit to gas in the long term, but still heavily reliant on it in the short term; eager to reduce Russian influence, but wary of handing leverage to Washington.
Oil falls 3.75% amid global trade war recession fears
Oil prices fell 3.75% on April 7, continuing last week's losses, as escalating trade tensions between the United States and China fuelled fears of an economic recession that could reduce crude demand.
Kazakhstan avoids oil disruption as Russian court allows CPC terminal to operate fully
A Russian court has permitted the Caspian Pipeline Consortium (CPC) to continue loading crude oil from all three of its berths at the Black Sea export terminal located near Novorossiysk, averting a potential disruption to Kazakhstan’s oil exports.
Saudi Arabia’s frustration with Kazakhstan drives shock OPEC+ supply hike
Saudi Arabia’s mounting frustration with Kazakhstan and other quota-non-compliant oil producers reportedly triggered a surprise decision by the OPEC+ group to boost oil supplies, with little appetite to reverse course even if prices fall further.
Azerbaijan boosts istrategic energy posture with EU as South Gas Corridor and Green Energy Summits conclude in Baku
The meetings featured broad participation from officials representing Azerbaijan, the European Union, Central Asia and Southeast Europe.
CPC to contest in court Russia's mooring closure order impacting Kazah oil exports
The Western-backed Caspian Pipeline Consortium (CPC) is preparing to mount a legal challenge against a Russian regulatory order that has severely curtailed its export operations.
Kazakhstan boosts oil exports to Germany via Druzhba pipeline by 50% m/m in March
Kazakhstan raised its oil exports to Germany by 50% in March compared with the previous month, according to a statement from national oil transportation company KazTransOil (KTO) released on April 1.
Tatneft raises claims against Russian aircraft maker to $78mn
Russian oil producer Tatneft has raised its total claims against aircraft manufacturer Tupolev to RUB7.2bn ($78mn), after a court approved an additional claim for RUB1.6bn in interest.
Gazprom Neft starts 3D-printing of gas turbine parts
Gazprom Neft has launched 3D printing of gas turbine engine components for use at its oilfields, marking the first such application in Russia’s oil and gas sector.
Russian oil industry seeks more flexible taxation: Gazprom Neft CEO
Russia’s oil industry is calling for a more flexible tax system, including expansion of the excess profits tax regime, to stimulate technology development and unlock new reserves, Gazprom Neft CEO Alexander Dyukov said on March 31.
Turkmenistan's economic transformation: a new frontier for global investment
The upcoming International Forum to Attract Foreign Investments in Turkmenistan's Economy (TEIF 2025), scheduled for April 23-24, 2025, in Kuala Lumpur, Malaysia, is poised to be an all-important event.
Kazakhstan launches construction of largest polyethylene plant
Kazakhstan has commenced the construction of what will be its largest polyethylene production facility by far, the Silleno plant.
Russia blames earlier Ukrainian drone strikes for order to shut down two of three oil export mooring points at CPC
Russia has cited Ukrainian drone attacks as the reason behind sudden restrictions imposed on oil infrastructure of the Caspian Pipeline Consortium (CPC), which transports the majority of Kazakhstan’s oil to global markets via the Black Sea coast.
Turkmenistan, Romania hold energy talks in Ashgabat
Turkmenistan and Romania held the eighth meeting of their joint working group on energy cooperation in Ashgabat.
Trump threatens tariffs on Russian oil buyers after Putin's Ukraine remarks
US President Donald Trump sharply criticised Russian President Vladimir Putin’s recent statement questioning the legitimacy of Ukraine’s leadership and suggesting United Nations external governance for the country.
EU may stall Russian energy phase-out amid high prices, fear of overreliance on US LNG
The EU may fear the Trump administration could weaponise gas supply just as the Kremlin has.
Oil prices surge on Trump threat to slap tariffs on Russian oil
Should tariffs come into force, Russian flows to its key customers could drop, tightening supply and potentially prompting OPEC+ to act to stabilise the market, according to Rystad.
Trump threatens extreme secondary sanctions on countries dealing with Russia if Putin doesn’t do ceasefire deal
President Donald Trump has thrown his weight behind a sweeping bipartisan bill that could impose 500% secondary tariffs on buyers of Russian oil if Russian President Vladimir Putin doesn’t do a ceasefire deal with Ukraine.
EU LNG imports rise 17% in March
LNG deliveries from European import terminals to the EU gas grid surged to an all-time high of 12.7 bcm in March.
Kazakhstan's oil and condensates output hits record high in March
Kazakhstan’s oil and condensate production surged to an all-time high in March, with increased output from the Tengiz oilfield and uninterrupted flows through the Caspian Pipeline Consortium (CPC) export pipeline route.
QazaqGaz subsidiary to expand Kazakhstan’s largest gas storage facility
Intergas Central Asia, a subsidiary of Kazakhstan’s state-owned gas operator and producer QazaqGaz, has announced plans to expand the country’s largest underground gas storage facility, Bozoy, by one third.
Russian oil major Slavneft posts $21mn loss in 2024
Russian oil major Slavneft, a joint venture between state-controlled Rosneft and Gazprom Neft of gas giant Gazprom, reported a net IFRS loss of RUB1.8bn ($21.2mn) for 2024 versus net profit of RUB7.9bn ($93mn) in 2023.
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