FSUOGM - Former Soviet Union Oil & Gas
Profit of Russian regional oil major Bashneft down 53% in 2025
Russian regional oil major Bashneft, subsidiary of state-controlled oil giant Rosneft, had net profit decline 53% in 2025
Profit of sanctioned Russian oil major Rosneft drops four-fold in 2025
Russia’s largest crude oil producer state-controlled Rosneft had its net profit drop four-fold in 2025 after coming under US sanctions
Authorities arrest brother of Kyrgyzstan’s fired security chief Tashiyev over oil product corruption allegations
Authorities in Kyrgyzstan have arrested the brother of dismissed national security chief Kamchybek Tashiyev, the interior ministry said on April 1.
US extends sanctions waiver for Russian oil transit via Kazakhstan to 2027
The US has reportedly extended a sanctions exemption allowing the transit of Russian oil to China through Kazakhstan until March 19, 2027.
Azerbaijan and Turkmenistan discuss energy, transport and logistics cooperation in Baku
Azerbaijan and Turkmenistan have held a series of high-level meetings in Baku focused on deepening bilateral economic and transport cooperation
Russian gas supplies to Europe via TurkStream grow amid Hormuz crisis
The daily average Russian gas supply to Europe via the TurkStream pipeline expanded by 22% y/y in March to 55mn cubic metres (mcm), calculations have shown.
Ust-Luga and Primorsk to their lowest levels since pre-war time
Russia has lost over $1bn in oil export revenues Ukraine’s week-long attacks on its two most important Baltic Sea ports of Ust-Luga and Primorsk. Weekly shipments through both ports have fallen by two-thirds.
Gazprom Export sues former German trading subsidiary SEFE in Russian court
Gazprom Export filed a lawsuit in St Petersburg against its former German trading subsidiary SEFE, the latest in a series of Russian court actions against European energy firms since Western sanctions severed gas ties.
ING sees Azerbaijan as safe haven amid Middle East risks
Every $10 increase in oil prices adds approximately $3bn to Azerbaijan's annual export revenues, equivalent to 4% of GDP, ING analysts point out.
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