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Overview
Russia and the other former Soviet republics are often viewed as remote and obscure, but FSU OGM sheds light on the vital role these countries play in world energy markets. It explains the region's status as a key player in the EU's energy planning, while also focusing on the progress of efforts to expand deliveries to Asia.
Leading commentaries in recent years have covered the economic consequences of political unrest in Ukraine, efforts to open the Southern Gas Corridor between the Caspian Sea Basin and the EU, competition between Russia and Central Asia for access to the Chinese gas market and the continued rise in Russian liquids production.
Our journalists on the ground have a wealth of local experience and are proficient in Russian and other languages in Central Asia, allowing us to provide an unparalleled level of industry coverage.
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Russia running out of levers to manage fuel shortages
Russia says fuel supplies are under control, but proposed diesel export curbs and tighter allocation rules point to a narrowing policy toolkit as drone damage hits refineries.
Moscow's oil refinery reportedly remain shut until end of year
The refinery, with a capacity of 240,000 barrels per day (bpd), supplies 40% of fuel for the Russian capital and the surrounding area.
Russia’s oil sector bruised but not broken by Ukraine's drone strikes
Ukraine's expanding drone campaign against Russia's oil industry is testing the Kremlin. Can it keep the domestic economy functioning after more than four years of war as its cash cow industry takes a painful pounding.
The debate over EU methane regulation and energy security
The EU’s methane regulation has split analysts, with Rystad saying it will not harm supply and Wood Mackenzie warning it could make large volumes of imports non-compliant.
India’s Russian crude imports hit record level
Regardless of efforts by the US or even the EU to pressure New Delhi to abide by wider sanctions on Moscow, Russian crude is set to remain a defining feature of India's energy mix in at least the near term.
Uzbekistan suspends 464 fuel stations after audit finds 46,000 safety violations
Uzbekistan has temporarily suspended operations at 464 petrol and gas filling stations following a nationwide safety audit that uncovered more than 46,000 violations across the country's fuel distribution network.
SOCAR halts pipeline after oil spill in Azeri Caspian Sea
Azerbaijan’s state oil company SOCAR has halted oil transportation through a damaged Azneft pipeline after an oil slick was detected in the Caspian Sea.
Moscow State University rector joins Rosneft board
Moscow State University rector Viktor Sadovnichy has been elected to Rosneft’s board of directors, replacing Viktor Martynov, rector of Gubkin Russian State University of Oil and Gas.
Russia’s Rosneft says Sakhalin-1 output is 20% above ExxonMobil plan
Oil and gas production at the Sakhalin-1 project is 20% above the plan set by former operator Exxon Neftegas.
Rosneft says 2025 budget payments exceeded RUB5 trillion
Rosneft paid more than RUB5 trillion ($67bn) into the Russian budget in taxes and other payments in 2025.
Russia’s Rosneft expects Zvezda steel plant to start up in 2029
Rosneft expects a new metallurgical plant being built in Russia’s Far East to supply the Zvezda shipbuilding complex to start operations in 2029.
Rosneft says fuel supply to Russian market remains priority
Rosneft is prioritising fuel supplies to the Russian domestic market and is exporting almost no oil products, CEO Igor Sechin told the company’s annual shareholder meeting.
SOCAR halts pipeline after oil spill in Azeri Caspian Sea
Azerbaijan’s state oil company SOCAR has halted oil transportation through a damaged Azneft pipeline after an oil slick was detected in the Caspian Sea.
Ukrainian gas producer triples output during war with major investment drive
Ukrainian private natural gas producer Zakhidnadraservice has tripled its gas output since the start of the war, expanding production through heavy investment in domestic equipment after foreign oilfield service providers withdrew from Ukraine.
Rosneft's flagship Vostok Oil project nears launch
Rosneft is nearing a technical launch at Vostok Oil, but shipping and production constraints could limit its early scale.
Petronas further expands upstream footprint in Turkmenistan
Petronas has expanded its upstream position in Turkmenistan, securing two new offshore blocks in the Caspian Sea.
EU closes Russian oil 'refining loophole' but sanctions gaps remain - KSE
The EU's ban on petroleum products refined from Russian crude oil in third countries has sharply reduced the flow of Russian-linked fuel into Europe, but significant loopholes remain and products derived from Russian oil continue to reach the EU.
Iran, Tajikistan hold oil supply talks to cement energy ties
Iran and Tajikistan have held high-level talks in Tehran on expanding cooperation in oil and petroleum products trade, with discussions focusing on meeting part of Tajikistan’s energy needs and boosting economic ties.
First major equipment arrives for Kazakhstan’s $7.7bn polyethylene plant
The first batch of large-scale equipment for Kazakhstan’s polyethylene plant under construction in Atyrau Region has reportedly arrived in the country.
US eases Iran oil sanctions, price on Brent crude drops over 3.5%
The United States has partially lifted sanctions on Iranian oil exports following what officials have described as encouraging progress in negotiations aimed at ending hostilities between Washington and Tehran.
Kazakhstan targets 6.3 bcm of Russian gas imports for northern regions
Kazakhstan is reportedly in talks with Russia on the construction of a main gas pipeline that would supply gas to the country’s northern regions and Astana, with planned imports of up to 6.3bn cubic metres (bcm) annually from 2030.
Russia receives second domestic Arc7 tanker for Arctic LNG 2 project
Russia's sanctioned state-controlled shipping group Sovcomflot (FLOT) has received the Arc7 ice-class LNG carrier Konstantin Posyet from the Zvezda shipyard.
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