FSUOGM - Former Soviet Union Oil & Gas

28 June 2025

No 2024 dividend from Russia’s Gazprom

27 June 2025

The shareholders of Russia’s natural gas major Gazprom at the AGM resolved to not pay the 2024 dividend.

Kazakhstan’s crude exports to Germany drop to 160,000 tonnes in June

27 June 2025

Kazakhstan’s crude oil exports to Germany will fall to 160,000 tonnes in June from 230,000 tonnes in May, national energy company KazMunayGaz said on June 26.

Kazakhstan increases oil production in May despite OPEC+ pressure

27 June 2025

Kazakhstan’s oil production reportedly rose by 2% in May, with the country continuing to defy mounting pressure from the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) to reduce output.

Kazakh gas pipeline operator Qazaqgaz seeks local partners for gas upstream projects

26 June 2025

Kazakhstan’s state-owned gas pipeline operator and producer Qazaqgaz has secured fresh backing from local investors to explore two prospective gas blocks, as it seeks to raise domestic production amid rising energy demand.

Russia's Lukoil acquire key oilfield service contractor

26 June 2025

The move is expected to strengthen Lukoil's control over service operations but does not mark a return to full vertical integration.

Russian natural gas output falls 3.4% in 5M-2025

26 June 2025

Natural gas production in Russia declined by 3.4% year on year in the first five months of 2025, while output of coke and petroleum products saw a modest 0.8% increase.

Russian petchems leader SIBUR breaks ground on catalyst production plant in Kazan

26 June 2025

The company said the milestone would mark a major step toward securing technological self-sufficiency in the country’s polymer sector.

Russia aims high for expanding gas use in transport

26 June 2025

Russia’s total consumption of natural gas as motor fuel could rise to 6.22bn cubic metres by 2035 under a baseline scenario, and up to 13.8 bcm in a more ambitious projection.

Former head of Russian oil junior faces $23mn in tax evasion charges

26 June 2025

Prosecutors in Russia’s Khanty-Mansiysk region have referred to court a criminal case against the former director of oil company Kayum Neft, who is accused of evading nearly RUB2bn ($23mn) in taxes.

Russia once more weighs ban on gasoline exports

26 June 2025

Russian authorities are weighing the reintroduction of a full ban on gasoline exports through to the end of October, amid tightening domestic supply linked to seasonal refinery maintenance and surging wholesale prices.

Russia’s switch to Murmansk after EU sanctions on LNG exports exposes fragile dependence on Western shipping – CREA

26 June 2025

Russia’s attempt to reroute Arctic LNG exports through domestic waters following the European Union’s March 2025 transshipment ban has exposed a hidden vulnerability at the core of its energy strategy, Centre for Research on Energy and Clean Air.

Hungary seeks long-term Turkish gas transit deal to secure Russian energy supplies

26 June 2025

Hungary is preparing to sign agreements with Turkey aimed at raising the volume and security of Russian natural gas supplies via the TurkStream pipeline, Hungarian Minister of Foreign Affairs & Trade Péter Szijjártó said during a visit to Ankara.