FSUOGM - Former Soviet Union Oil & Gas
Jade executes collaboration agreement with three Chinese partners for coal bed methane project at Red Lake, Mongolia
ade Gas Holdings (ASX: JGH), a gas developer focused on the coal bed methane (CBM) potential of Mongolia, said on July 20 in a press release that it has executed a non-binding collaboration agreement.
Three tankers involved in CPC operations hit on Black Sea over weekend, Kazakhstan condemns attacks
The Caspian Pipeline Consortium (CPC), which carries 80% of Kazakhstan’s oil exports to the Russian Black Sea coast for shipping, said that two oil tankers, ASIA and NISSOS IOS, came under attack while loading crude oil on July 19.
Moldovan energy trader seeks 45% increase in regulated natural gas price
Moldova's state-owned gas trader Energocom has asked the National Agency for Energy Regulation (ANRE) to approve a 45% increase in the regulated natural gas tariff for household consumers, citing higher import costs and financial deviations.
Naftogaz's supervisory board appoints new acting chairman
Fedorenko takes charge as Naftogaz works to rebuild damaged oil and gas infrastructure, secure sufficient gas stocks and prepare for the next winter amid continued Russian attacks.
KMG, Sinopec to start surveying at Kazakh oil and gas block this year
The companies plan to carry out 900 linear km of 2D seismic work at the block in the West Kazakhstan region.
Ukraine's Naftogaz reports another Russian strike on gas production facility in Kharkiv
The company said it could not yet determine the scale of the damage because of the continuing threat of further strikes. It did not identify the facility or disclose how much production had been taken offline.
Ukraine attacks three more refineries in five days
Ukraine has attacked three Russian oil refineries and a fuel depot in five days, intensifying a campaign that is already disrupting refining operations and straining domestic petroleum product supplies.
Transneft raises dividends for 2025 despite steep fall in profits
The decision was taken by the company’s sole voting shareholder, state property agency Rosimushchestvo.
More than 150 Russian filling stations put up for sale over past month amid fuel crisis
Independent stations have been particularly exposed to Russia’s recent fuel squeeze because they lack their own refining capacity and must buy products on the SPIMEX exchange, directly from refineries or through traders.
Russian gasoline prices see further rise in week ending July 17
Ukraine is waging a relentless drone strike campaign against Russian oil refineries, forcing the country to stop importing fuel and introduce a range of policy measures to alleviate the supply crisis.
Two oil exploration firms put up for sale in Russia's Komi region for $30mn
The companies hold the Yermolovsky and Visovsky licences respectively, both of which currently run until the end of 2028.
Kazakhstan rules out sending oil to Germany via Druzhba in July and August
The ministry described the disruption as temporary and said Kazakhstan remained committed to diversifying its oil export routes to European markets.
Discount on Russia's Urals oil widened in first half of July but could shrink again as US-Iran conflict once more escalates
As the US-Iran conflict is now escalating once more, the discount could shrink during the remainder of this month and Urals could even regain its premium.
Gazprom Export wins Russian court case against Austrian gas pipeline operator TAG
Gazprom Export has won a Russian court case against Austrian pipeline operator TAG over 12 disputed invoices, in one of dozens of legal proceedings spawned by the collapse of Russia’s once-vast pipeline gas trade with Europe.
Russia extends "import damper" subsidies to diesel to attract more overseas supplies amid fuel crisis
The Russian government approved proposals on July 17 to extend its “import damper” subsidy mechanism to diesel, as refinery outages and peak seasonal demand place growing pressure on domestic fuel supplies.
Ukraine seeks long-term US LNG partnership to bolster winter gas supplies
Ukraine's state energy company Naftogaz has agreed to pursue a long-term partnership with US-based Argent LNG to supply American liquefied natural gas LNG, as Kyiv seeks to strengthen energy security and secure fuel supplies ahead of winter.
Drones strike tankers at CPC oil terminal in Russia
The Caspian Pipeline Consortium suspended crude loadings at its Russian Black Sea terminal on July 19 after drones struck two tankers during loading operations, marking the third attack on a CPC-linked vessel in two days.
OPEC reflects on its superpower era
War‑time disruption, sanctions and the UAE’s exit have exposed the limits of OPEC’s market power, leaving the cartel more constrained, more reactive and less central to price formation
OPEC takes aim at the IEA over oil and gas forecasts
OPEC warns that pessimistic demand forecasts and financing restrictions risk deterring oil and gas investment.
Growth in Azeri gas exports barely change in H1 despite Baku's high ambitions
Azerbaijan’s natural gas exports barely grew in the first half of this year, despite the country adding new European buyers and promoting itself as an increasingly important alternative supplier to Russia.
Georgia's Batumi oil terminal resumes jet fuel imports after eight-year hiatus
The Batumi oil terminal in Georgia has resumed handling jet fuel after an eight-year break, receiving an initial 10,000-tonne cargo from Europe for onward transport to Kazakhstan.
Kazakh oil shipments through BTC pipeline lag below government targets
The volume loaded at the Caspian port of Aktau was down by around 10% from 785,000 tonnes a year earlier.
Kashagan oilfield operator says tribunal bars enforcement of $4.9bn Kazakh fine
The consortium operating Kazakhstan’s giant Kashagan oilfield reported on July 16 that an arbitration tribunal had barred Astana from enforcing a $4.9bn environmental fine.
Naftogaz secures bondholder backing for €1.2bn debt restructuring
Ukraine's state-owned energy company Naftogaz has completed the restructuring of two Eurobond issues totalling approximately €1.2bn
Russia's diesel export ban squeezes Turkey as Ukrainian strikes and Iran war compound supply crisis
Turkey is facing acute fuel supply pressure after Russia suspended diesel exports to all markets until the end of July, compounding disruption from Ukrainian attacks on Russian refineries and Iranian strikes on Gulf refining capacity.
China's 'impossible' gas price risks killing off Power of Siberia-2
China has effectively priced Russia's flagship Power of Siberia-2 gas pipeline out of existence, demanding a price for gas that analysts say would make the project uneconomic.
Kazakhstan's Kaztransoil increases oil transportation volumes in first half of 2026
Kazakhstan's state-run pipeline operator Kaztransoil reportedly transported 22.911mn tonnes of crude oil through its main pipeline system during 1H26, up by 643,000 tonnes from 1H25.
Azerbaijan's H1 oil and gas exports fall in value despite volume gains
Azerbaijan exported oil, gas and related products worth a combined $10.8bn in the first half of 2026, according to State Customs Committee data.
Kyrgyzstan moves to convert surplus AI-80 stocks to AI-92 as Russian fuel squeeze bites
Kyrgyzstan's state oil company is reportedly seeking chemical additives to upgrade surplus low-octane AI-80 gasoline into AI-92 as a short-term fix for supply disruptions caused by Russian export restrictions.
China slams new US bill targeting buyers of Russian oil and gas
China has condemned a revised US sanctions bill that would authorise tariffs against leading buyers of Russian oil and natural gas, including China.
China reportedly demands steep discount on Russia's Power of Siberia 2 gas
Chinese officials delivered the demand to a Gazprom delegation that travelled to Beijing ahead of Russian President Vladimir Putin’s May visit.
Canada's Condor sees spike in gas output in Uzbekistan after launching new well
The achievement was helped by stronger-than-expected flows from the company's new K-42 well at the Kumli Northwest field.
FSB detains Russian citizen for attempted attack on oil facility in western Siberia
The suspect was arrested near a concealed cache after collecting an improvised explosive device intended for use against an unnamed oil-industry facility in Nyagan.
Russia approves agreement with India to develop the Northern Sea Route
Russia has authorised state nuclear corporation Rosatom to sign an agreement with India aimed at expanding cargo shipments along the Northern Sea Route.
Sri Lanka seeks bids from Russian crude from Rosneft and Zarubezhneft
Sri Lanka’s state-run Ceylon Petroleum Corp. has registered Russia’s Rosneft and Zarubezhneft as crude suppliers, allowing them to bid for contracts serving the country’s sole refinery.
Small oil producers in Tatarstan slash output amid Ukrainian drone strikes against refineries
Ukraine has been waging a relentless campaign of drone strikes against Russian refineries, rendering up to 30% of national throughput capacity inoperable.
Kyrgyzstan bans fuel exports amid knock-on effect from Russian shortages
Much of Central Asia is feeling the knock-on effect of fuel shortages in Russia, caused by persistent Ukrainian drone strikes on refineries.
Graham's last sanctions bill cuts Russia tariff threat from 500% to 100%
US senators have unveiled a watered-down version of the Russia sanctions bill championed by the late Senator Lindsey Graham, cutting threatened tariffs on buyers of Russian energy from 500% to a maximum of 100%.
Kazakhstan forecasts 98mn tonnes of oil production in 2026
Kazakhstan expects to produce 98mn tonnes of oil in 2026 despite lower output seen in the first half of the year.
Kashagan operators face July 20 deadline to pay $4.9bn environmental fine
Foreign consortium members operating Kazakhstan's Kashagan oil field must reportedly pay a KZT 2.3 trillion ($4.9bn) environmental fine by July 20 following a court ruling that has entered into legal force.
Azerbaijan boosts EU gas exports even as it weighs quitting Council of Europe over rights dispute
China and Kazakhstan intensify nuclear ties
China-Central Asia Monitor: July 3-9, 2026.
Tajikistan teams up with China to launch fresh attempts to find hydrocarbons
Authorities in Tajikistan are preparing to once more launch attempts to find domestic hydrocarbon supplies, with the country’s fuel reserves down to the equivalent of two months’ supply amid Ukrainian drone attacks on Russian refineries.
Denmark's Topsoe, South Africa's Sasol to equip Allied Biofuels' planned $6bn SAF biorefinery in Uzbekistan
Danish company Topsoe and South African group Sasol have signed licensing agreements with Uzbekistan's Allied Biofuels to supply core technologies required for a planned $6.1bn SAF and eSAF biorefinery.
Tajikistan steps up fuel imports this year
Tajikistan relies heavily on imported petroleum products and LPG because of its limited domestic production.
Uzbekneftegaz to ramp up production at Alan gas-condensare field
Uzbekneftegaz has ordered extra work to be carried out to ramp up production at the Alan gas condensate field in Uzbekistan’s Kashkadarya region.
Russia's Novatek raises gas output 2.7% in H1
The growth likely reflected the start of exports from Novatek’s Arctic LNG-2 project last autumn. The facility, under Western sanctions, delivers cargoes only to a single port in China.
Turkmenistan sees slight increase in gas output in H1
Oil production rose by 0.9% to 4.13mn tonnes.
European gas prices surge amid renewed US-Iran hostilities
European gas prices have soared this week amid renewed US-Iran hostilities, driving up costs for restocking supplies ahead of next winter.
Russia adds more energy firms to list not required to disclose corporate info
Russia has added 12 energy and aviation-fuel companies, including seven subsidiaries of state oil giant Rosneft, to a list of entities permitted to decide how much corporate information they disclose.
Putin vows to shore up Crimean fuel supply
Russia has begun work on a new system for supplying petroleum products to Crimea that will be harder to attack.
Russia reports drone debris hitting Afipsky refinery, causing fire
The blaze was subsequently extinguished.
Gazprom reports drone strike on compressor station serving Russia's Blue Stream gas pipeline
The station was attacked at 19:51 local time on July 7, Gazprom said. The company did not disclose the extent of the damage, adding that emergency work was under way.
Russia claims it has partially stabilised domestic fuel market
The attacks damaged several refineries and temporarily reduced gasoline and diesel production, forcing suppliers to reroute fuel and placing greater pressure on filling stations, Novak said.
Russian refining down to record lows, LNG exports to Europe at record highs
Russia’s crude output declined to the lowest in at least two and a half years in June as Ukraine attacked the nation’s oil infrastructure on an almost daily basis. But LNG production remains untouched and exports to Europe are at record highs.
Indonesia’s Karimun emerges as Asian hub for Russian oil
Russian businesspeople have begun staying at the island's leading hotel, where rooms cost about $40 a night the report adds. Their destination is almost always the local oil terminal, which changed ownership in mid-2024.
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