FSUOGM - Former Soviet Union Oil & Gas

Russian oil discounts to India keep growing

Russian oil and gas revenues could drop 35% in November

Russia's federal budget revenues come under increased pressure after the latest round of US sanctions on Lukoil and Rosneft, Reuters estimates

Canada's Condor Energies reaches total depth on first horizontal well in Uzbekistan

Canada's Condor Energies Inc (TSX: CDR) has reached the total depth on its first horizontal well andakli-23 (A-23), located in the Andakli field of Uzbekistan, the company announced on November 24.

Kazakhstan’s competition authority proposes sales of 50% of KMG’s overseas arm

Kazakhstan’s competition authority has reportedly proposed selling up to 50% of KMG International, the overseas arm of KazMunayGas (KASE: KMGZ), through an open, two-stage bidding process planned for 2026–2027.

Russian Lukoil recommends dividends despite sanctions

Russian sanctioned independent oil major Lukoil recommends interim dividends despite sanction pressure

Sustainable Fitch assigns SOCAR an ESG rating of ‘3’ amid mixed environmental and governance performance

Turkey’s underground gas storage facilities at full capacity ahead of winter

Turkey’s underground natural gas storage facilities have been fully stocked ahead of the winter season, ensuring supply security for peak-demand months, Energy and Natural Resources Minister Alparslan Bayraktar has announced.

Romania says it is protecting Romgaz’s participation in Lukoil-operated Trident offshore block

Romanian Prime Minister Ilie Bolojan said on November 21 that the Government has taken measures to protect the interests of state-owned natural gas producer Romgaz in the Trident offshore perimeter operated by Russia’s Lukoil.

KazMunayGas plans to divest 50% of its European assets

Kazakhstan’s state company KazMunayGas plans to sell up to 50% of its European assets, including KMGI with Romania’s largest refinery, Petromidia (4.8 million tonnes refining capacity),

Orlen’s US LNG supplies to Naftogaz may reach 1 bcm in 2026

Rosneft reduces shareholding in Kurdistan pipelines

Russia’s Rosneft has executed a strategic reduction of its shareholding in the Kurdistan Pipeline Co. (KPC), bringing its stake below the critical 50% threshold to insulate the subsidiary from the reach of US sanctions

Turkmenistan still venting like crazy, methane super-emissions data show

Country clearly still needs a kick in the gas.