FSUOGM - Former Soviet Union Oil & Gas
Ukraine secures LNG deals with Greece and Poland to guarantee winter gas supplies
Ukraine will have sufficient gas supplies this winter after state-owned energy firm Naftogaz finalised a series of strategic agreements with partners in Greece and Poland to secure deliveries of liquefied natural gas (LNG) from the United States.
Bulgaria and Romania seek to delay sanctions against Lukoil
Sanctions imposed by US authorities on Lukoil's global operations expected to cause costly disruptions at the Russian group's local refineries.
Russia grants another $0.9bn tax breaks to ailing Gazprom
Mongolia plans to extend fuel storage capacity from one month to three to six months of consumer coverage
Mongolia's fuel storage facilities can currently cover one month’s national fuel consumption, but the country reportedly intends to expand the storage coverage to three to six months.
Russian oil output sees growth in October, but federal revenues crash
Russia’s crude oil output increased modestly in October even as state revenues from the oil and gas sector continued to decline sharply.
US slams “Kremlin puppet’s” Gunvor Lukoil asset deal
The US doubled down on its latest sanctions by appearing to cancel Gunvor’s deal with Russian oil major Lukoil, labelling the trader a “Kremlin puppet.”
Sanctions on Lukoil reportedly cast doubt on $6bn Kalamkas–Khazar offshore oil project in Kazakhstan
Uncertainty is growing around the $6bn Kalamkas–Khazar offshore oil development in Kazakhstan after the United States imposed sanctions on Russia’s Lukoil, the project’s operator, Upstream reported on November 6, citing industry sources.
Kazakhstan’s Karachaganak field output recovers as Russia’s Orenburg plant resumes operations
Russia’s Orenburg gas processing plant is said to have begun steadily increasing its intake of gas from Kazakhstan’s Karachaganak field, signalling a gradual recovery following the impact of a Ukrainian drone strike on the facility last month.
BP reports steady ACG output, advances Shah Deniz compression and Sangachal electrification
BP reported stable, safe production at the Azeri–Chirag–Deepwater Gunashli (ACG) complex in 3Q25 and progress across major gas and midstream projects, including the Shah Deniz Compression (SDC) project and the Sangachal Terminal Electrification.
ASX-listed TMK Energy reports record production at Mongolia coal seam gas project
TMK Energy (ASX: TMK) on November 5 announced record gas production during October at the pilot production project at its 100%-owned Gurvantes XXXV Coal Seam Gas (CSG) Project in Mongolia.
Turkey arrests directors of fuel retailer TP after SOCAR complaint
Police describe around 18,500 tonnes of fuel as "missing".
Russian attacks on gas compressor stations threaten up to 40% of Ukraine’s winter production
Ukraine could lose as much as 30–40% of its domestic gas production during the upcoming heating season following Russian strikes on compressor stations.
Ukraine faces $750mn gap for winter gas purchases, seeks EU support
Ukraine is facing a $750mn shortfall to fund critical natural gas purchases ahead of winter, President Zelenskiy said, warning that the country needs about $2bn worth of gas to meet demand as Russian attacks continue to strain its energy system.
Kazakh parliament approves legal amendments to boost hydrocarbon and uranium sectors
Kazakhstan’s Majilis (Parliament) has approved at second reading a series of amendments to the Code on Subsoil and Subsoil Use aimed at improving the management of the country’s hydrocarbon and uranium resources, Kazinform has reported.
Germany increases Kazakh crude imports in October by 25% m/m
Germany has sharply increased its purchases of Kazakh crude, importing 225,000 tonnes through the Druzhba pipeline in October, marking a 25% rise from the previous month, Deutsche Welle has reported on its Russian-language Telegram channel.
Moldova works to manage impact of Lukoil sanctions on aviation fuel supply
The Moldovan Government is prioritising discussions on how to mitigate the effects of international sanctions imposed on Russian oil company Lukoil, the country’s main supplier of kerosene.
Kazakhstan’s oil output reportedly down by 10% in October
Kazakhstan’s crude oil production, excluding gas condensate, fell by 10% in October to 1.69mn barrels per day (bpd), Reuters reported on November 5, citing industry data and the news service’s own calculations.
Mongolia's oil production reportedly boosted by 2% since AIM-quoted Petro Matad brought second well online
Mongolia's oil production has moved up by towards 2% since AIM-quoted explorer Petro Matad (LON:MATD) brought a second well online in October, Upstream reported on November 5, citing an update provided by the company.
Will Trump’s Central Asia summit in Washington help break the Chinese chokehold on rare earths?
“Rare earths”. As Donald Trump on November 6 hosts Central Asia’s five presidents in Washington, DC, observers can forgive themselves if they quickly lose count of the number of times these buzzwords are uttered.
Gunvor CEO pledges “clean break” from Russian Lukoil
Russia and Turkey said to negotiate gas supplies renewal
Bulgarian president vetoes law on sale of Lukoil assets
Ukraine halts gas injection as energy system braces for harsh winter under Russian attacks
Ukraine has stopped injecting natural gas into its underground storage facilities as energy infrastructure struggles under continued Russian attacks and the country braces for could be its toughest winter since the start of the war.
Kazakhstan's KMG revises upward its 2025 production forecast for Kashagan and Karachaganak
Kazakhstan’s state-owned energy company KazMunayGas (KMG/KMGZ.KZ) has revised upward its 2025 production forecasts for two of the country’s largest oilfields — Kashagan & Karachaganak — Reuters reported on November 4, citing the company.
Kazakhstan’s KMG and Russia’s Lukoil continue work on joint projects amid US sanctions
Kazakhstan’s state oil and gas company KazMunayGas (KMG/KMGZ.KZ) & Russia’s Lukoil (LKOH.MM), recently placed under US sanctions, are continuing cooperation on joint projects in line with existing contractual obligations, Interfax has reported.
Turkmengaz to sign $108mn deal with Siemens Energy for repair of compressors, gas turbines, says report
State-run Turkmengaz is to sign a $108mn contract with Siemens Energy Global GmbH & Co. KG (ENR.DE, ENR:Xetra) for the repair of compressors and gas turbines, state media outlet Business Turkmenistan has cited a company official as saying.
Chevron CEO reportedly says negotiations with Kazakhstan off to “good start”
Chevron’s discussions with the government of Kazakhstan on an extension of its operating concession have begun on a positive note, Upstream reported on November 3, citing the company’s CEO Mike Wirth, who spoke during a quarterly earnings call.
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