FSUOGM - Former Soviet Union Oil & Gas

21 June 2025

Russian ghost ship towed from Gdynia for scrapping in Denmark

20 June 2025

Polish authorities began the removal of the derelict Russian oil tanker Khatanga from the Port of Gdynia after years of abandonment.

Caspian Pipeline Consortium plans legal claim over Ukraine drone strike

20 June 2025

The Caspian Pipeline Consortium (CPC) is preparing to file a claim against Ukraine over a drone strike that cost the company an estimated RUB2.7bn ($34mn) in damage, the company’s general director Nikolay Gorban announced on June 18.

Putin acknowledges Kazakhstan’s push to diversify oil exports, affirms Russian support

20 June 2025

Russian President Vladimir Putin said Moscow is prepared to support Kazakhstan’s efforts to diversify oil export routes, even as the vast majority of Kazakh crude continues to flow through Russian territory.

Russia ready to provide cheap gas, crude oil despite difficulties, Hungarian FM says in St. Petersburg

20 June 2025

Despite international tensions and European Union efforts to curb energy cooperation with Russia, Hungary will continue to rely on Russian natural gas and crude oil to ensure stable and affordable energy supplies.

Chinese firms lead pipeline tenders at Chevron-operated Tengiz field in Kazakhstan

20 June 2025

Chinese companies are securing leading positions in pipeline construction tenders at Tengiz oilfield in Kazakhstan, operated by US multinational Chevron, Upstream reported on June 17, citing sources familiar with the project.

Turkmenistan’s gas export expansion deals with China, Iraq and Turkey could all be in trouble

19 June 2025

Chinese President Xi Jinping only made vague comments for media consumption about China boosting natural gas cooperation with Turkmenistan when he met the Central Asian country’s President Serdar Berdimuhamedov this week.

Kazakhstan to invest $15bn in oil and gas chemical sector through six strategic projects

19 June 2025

Kazakhstan plans to invest $15bn in its petrochemical sector through six major projects, aiming to shift from raw material exports to value-added industrial production.