FSUOGM - Former Soviet Union Oil & Gas
Turkey’s Russian Urals crude oil imports in October look set to match those of September
Turkey reportedly looks set to maintain its imports of Russian Urals crude oil in October at around 280,000 barrels per day (bpd), with the figure forecast to be flat against the September intake.
Ukrainian military strike for first time disrupts operations of Western oil majors
Drone attack damage caused to Russian gas processing plant forces scaling back of output at Kazakh field partly owned by Chevron, Shell and Eni.
Ukraine secures gas supply agreements worth $2bn ahead of winter, says Zelenskiy
Ukraine has secured agreements for up to $2bn worth of gas supplies to safeguard the country in the event of a difficult winter, President Zelenskiy said on 19 October, as pressure on Ukraine’s energy system mounts amid intensified Russian attacks.
TAPI pipeline advance into Afghanistan measures 14 km, says Taliban official
The laid pipeline of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) has advanced 14 kilometres (8.7 miles) inside Afghanistan, according to the Deputy Minister of Economy of the Taliban-controlled Afghan government.
Russia expanded natural gas supplies to Uzbekistan, Kazakhstan and Kyrgyzstan by 15% in first eight months, says Gazprom chief
Russia increased natural gas supplies to Uzbekistan, Kazakhstan and Kyrgyzstan by 15% in the first eight months of 2025, according to Gazprom CEO Alexey Miller, as per Spot.
Russia, Kazakhstan and Belarus hold fuel supply talks amid regional shortage risks
Russia’s Energy Ministry has held talks with Kazakhstan and Belarus about potentially obtaining imports of petrol and diesel fuel, Kursiv reported on October 20, citing reports from the Russian Telegram channel Polkovnik Chernov.
Is Azerbaijan entering a post-oil growth phase?
In a recent analytical report, APA-Economics portrayed Azerbaijan’s economic trajectory as entering a new “turning point,” arguing that the country’s growth is now increasingly shaped by non-oil sectors rather than hydrocarb
EU sets 2028 deadline to end Russian gas imports under phased ban
European Union energy ministers have approved a plan to end all Russian gas imports by 2028, introducing a phased ban on new and existing contracts.
EU energy ministers back plan to phase out Russian energy
EU energy ministers have endorsed a plan to phase out Russian oil and gas imports by January 2028.
Orenburg gas plant halts Kazakh intake after Ukrainian drone strike causes fire
The Orenburg gas processing plant in southern Russia has suspended intake of gas from Kazakhstan following a Ukrainian drone strike that triggered a fire at the site, officials in Moscow and Nur-Sultan said.
Houston’s Lummus Technology and KazMunayGas strike agreement for digital centre of excellence
Houston-based Lummus Technology and Kazakhstan’s KazMunayGas (KMG) have announced a preliminary agreement on establishing a digital centre of excellence in Atyrau, Kazakhstan.
Ukrainian drones strike Russia’s Orenburg gas processing plant, facility suspends intake of Kazakh gas
Russia’s Orenburg gas processing plant was forced to suspend its intake of gas from Kazakhstan following a Ukrainian drone attack, Kazakhstan's energy ministry said on October 19.
Daewoo E&C breaks ground on $784mn mineral fertiliser plant in Turkmenistan
Daewoo Engineering & Construction (Daewoo E&C) has broken ground on a $784mn mineral fertiliser plant in Turkmenistan, The Korea Herald reported on October 17.
London-listed junior set to acquire oil and gas licence in west Ukraine
London-listed Pennpetro Energy has signed heads of terms (HoT) to acquire full ownership of the Limnytskyi oil and gas exploration licence in western Ukraine through a newly formed Polish holding company.
EU pushes to close back door allowing imports of fuels produced from Russian oil
The EU has issued detailed guidance requiring importers of refined fuels to prove that shipments entering the bloc are not produced from Russian crude oil, tightening enforcement ahead of a new sanctions measure due to take effect in early 2026.
SOCAR eyes involvement in Kazakhstan's Dunga oil project
Azerbaijan’s state oil company SOCAR is seeking to join Kazakhstan’s Dunga oil project as part of its strategy to expand in Central Asia and secure access to ultra-low-sulphur crude suited for producing cleaner marine fuels.
Putin discusses state of Russian energy sector
Russia's Transneft offers to design Hungary-Serbia oil pipeline
Russian pipeline operator Transneft has offered Serbia and Hungary assistance with the design and expert evaluation of a planned cross-border oil pipeline.
Kazakhstan blocks further fuel price hikes
Kazakhstan has imposed a moratorium on any further increases in retail prices of AI-92 gasoline and diesel.
Gazprom Neft denies report of new partner joining Salym Petroleum development
“The information does not correspond to reality,” chief executive Alexander Dyukov told reporters on October 16 during Russian Energy Week.
Kazakhstan seeks partner for Shygys hydrocarbon block
Kazakhstan’s national oil company KazMunayGas is seeking a strategic partner for the joint development of its Shygys exploration block in the Aktobe region.
China's Sinopec transfers stake in Russian petchems firm Sibur to Hong Kong unit
Cyprus, once a common jurisdiction for Russian joint ventures, has become less suitable following EU sanctions.
Gazprom sets new record for daily gas flow via Power of Siberia 1
The milestone was achieved on October 16, when exports via the route surpassed contractual levels for the fourth time since the pipeline reached its maximum contracted capacity in December last year.
Caspian Pipeline Consortium to slightly cut oil exports in 2026
The Caspian Pipeline Consortium (CPC), which transports crude oil from Kazakhstan to global markets via a terminal on Russia’s Black Sea coast, plans a minor reduction in exports in 2026 due to maintenance work at several upstream production sites.
Putin reaffirms Russia’s position in global energy production at Moscow forum
President Vladimir Putin reaffirmed Russia’s role as a dominant global energy producer at the Russian Energy Week 2025 forum in Moscow, defending the country’s oil, gas, coal and nuclear sectors while criticising Western restrictions.
Italy remains top buyer of Azerbaijani oil in 2025, followed by Czech Republic and Croatia
Azerbaijan exported 16.99mn tonnes of crude oil and oil products worth $8.94bn in January–September 2025, according to data from the State Customs Committee.
India rejects Trump’s claim it will stop importing Russian oil as Moscow says trade will continue
India has dismissed former United States President Donald Trump’s claim that Prime Minister Narendra Modi agreed to halt Russian oil imports, while Moscow maintained that energy trade with New Delhi would continue as normal.
Commercial gas sales start at MOL-invested Kurdistan gas project
Pearl Petroleum, the operator of the consortium at the Iraqi Kurdistan Khor Mor facility, which includes MOL, announced the start of commercial gas sales, marking a 50% increase in processing capacity.
Venezuela seeks to deepen energy ties with Russia
Venezuela’s Nicolás Maduro has formalised a strategic cooperation treaty with Russia aimed at consolidating political and economic collaboration with Moscow.
EBRD prepares extra €500mn for Naftogaz to secure Ukraine’s winter gas supplies
The EBRD is preparing an additional €500mn financing package for Ukraine’s state energy firm Naftogaz to fund urgent gas imports amid intensified Russian strikes on the country’s energy infrastructure.
Russia to delay refinery maintenance in bid to boost domestic fuel supply
Russia will postpone scheduled maintenance at oil refineries to increase domestic supplies of petrol and diesel, Minister of Energy Sergei Tsivilev said following a meeting with President Vladimir Putin
UK sanctions Russia’s Rosneft and Lukoil
The United Kingdom has imposed sanctions on Russia’s two largest oil producers, Rosneft Oil Company and Lukoil PJSC
OPEC+ unity serves both Russia and Saudi Arabia, Moscow says
A senior Russian official told the Saudi Minister of Energy that coordinated action through OPEC+ aligns with both countries’ interests as the producers manage tensions over how quickly to raise output.
Azerbaijan produces 20.7mn tonnes of oil and 38.2 bcm of gas in January–September 2025
Azerbaijan produced 20.7mn tonnes of crude oil and condensate in the first nine months of 2025, according to operational data released by the Energy Ministry.
Fuel shortages, price rises in evidence across parts of Central Asia amid Ukraine’s attacks on Russian refineries
Fuel shortages and price rises are in evidence across many parts of Central Asia amid the Ukrainian drone and missile attacks on refineries that have cut Russia’s refining capacity, according to an October 15 report from RFE/RL.
Putin ally Timchenko acquires Shell’s former stake in Western Siberian oil fields
Russian billionaire Gennady Timchenko, a close associate of President Vladimir Putin, has acquired Shell’s former 50% stake in the Salymsky oil project in Western Siberia
Russian-Vietnamese JV brings new White Tiger oil platform on stream two months ahead of schedule
Vietnamese-Russian joint venture Vietsovpetro has commenced commercial oil production from its BK-24 wellhead platform at the Bach Ho (White Tiger) oilfield more than two months ahead of schedule, the partnership reported last week.
KazMunayGaz launches new exploration phase at Ozen North block
Kazakhstan’s national oil and gas company KazMunayGaz has reportedly approved the next stage of its exploration programme aimed at expanding long-term production opportunities for its largest wholly owned subsidiary, Ozenmunaygaz.
Kazakhstan’s oil output rises 13% to 75.7mn tonnes in first three quarters
Kazakhstan produced 75.7mn tonnes of oil and condensates between January and September, marking a 13.2% increase compared with the same period of last year, The Caspian Post reported on October 14, citing Energy Minister Yerlan Akkenzhenov.
Russia’s oil revenue slips as refinery outages curb product exports
Russia’s oil revenue declined again in September to $13.35bn, as repeated drone attacks on refineries curtailed fuel exports despite a rise in crude shipments, the IEA reported
India says Mongolia’s first oil refinery expected to start operating in 2028
Mongolia’s first oil refinery, constructed by a project that led by Indian contractors, is expected to begin operations in 2028, India's foreign ministry said on October 14.
Indian state refiners cut Russian crude imports by over 45% amid rising freight costs and US pressure
India’s state-owned oil refiners have reduced Russian crude oil purchases by more than 45% between June and September, redirecting volumes to Iraq as freight costs rise and diplomatic pressure from the United States intensifies
Are four-fifths of Russian refining capacity really offline?
The severity of Russia’s fuel crisis has been exaggerated.
Gazprom signs memorandum of intent to build new gas pipeline linking Russia and Kazakhstan
Russian energy company Gazprom and the government of Kazakhstan have signed a memorandum of intent to build a new natural gas pipeline connecting the two ex-Soviet states, Caspian News reported on October 13, citing Gazprom.
West Kazakhstan launches 14 joint projects with Chinese investors worth KZT 134bn
West Kazakhstan Region has advanced 14 major investment projects in partnership with Chinese enterprises, official state news agency Kazinform reported October 13, citing the regional government’s press service.
Russia lifts September oil output but stays just under OPEC+ cap
Russia’s crude oil production increased to 9.321mn barrels per day (bpd) in September, up by 148,000 bpd from August
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