FSUOGM Top Story archive

16 May 2018, Week 19, Issue 981

Russian oil champion Rosneft registered a sevenfold rise in profits in the first quarter of 2018, aided by stronger oil prices.

09 May 2018, Week 18, Issue 980

Ukraine’s biggest oil producer, Ukrnafta, returned to the black in 2017 after two years of losses, posting a net profit of 444 million hyrvnias (US$16.8 million).

02 May 2018, Week 17, Issue 979

BP has entered into production-sharing agreement (PSA) with Azerbaijan’s national oil company (NOC) SOCAR to explore and develop the offshore D230 block.

25 April 2018, Week 16, Issue 978

Russia’s Lukoil has started operations at a US$3.4 billion gas processing complex at the Kandym field cluster in Uzbekistan’s southern province of Bukhara. The project is viewed as central to the...

18 April 2018, Week 15, Issue 977

Uzbek President Shavkat Mirziyoyev has called for the construction of a largescale fertiliser plant in the eastern town of Yangiyer, the site of a new free economic zone (FEZ).

11 April 2018, Week 14, Issue 976

Turkmenistan is moving closer to the launch of its first gas-to-liquids (GTL) plant, a project that will provide the Central Asian state with another means of monetising its substantial gas...

04 April 2018, Week 13, Issue 975

Gazprom Neft bagged licences for six blocks in the Khanty-Mansiysk region of Western Siberia on March 29, after squaring up against Lukoil in a heated contest.

28 March 2018, Week 12, Issue 974

Timan-Pechora Gas (TPGK) has reported the discovery of a new gas field in the Komi region in northwest Russia, as well as a sizeable increase in its reserve base.

21 March 2018, Week 11, Issue 973

London-listed Zoltav Resources is intending to spud an exploration well at its Bortovoy licence in the Saratov region later this year, following encouraging results from a seismic shoot.

14 March 2018, Week 10, Issue 972

Construction of a pipeline that will bring natural gas to Kazakhstan’s capital of Astana is slated to start in July, according to a senior energy official.

07 March 2018, Week 09, Issue 971

Kazakhstan’s deputy energy minister, Gani Sadibekov, was arrested and charged with embezzlement and bribe-taking on March 2. According to the country’s anti-corruption service, Sadibekov was part...

28 February 2018, Week 08, Issue 970

The international consortium in control of Kazakhstan’s massive Kashagan oilfield in the Caspian Sea is eyeing the development of two smaller deposits nearby.

21 February 2018, Week 07, Issue 969

Abu Dhabi’s Mubadala national wealth fund is reportedly nearing a deal to invest in a Gazprom Neft subsidiary based in Western Siberia. The transaction, if closed, would...

14 February 2018, Week 06, Issue 968

Rosneft strengthened its already dominant position in Eastern Siberia last week with the acquisition of the Kochemsky licence area, some 950 km...

31 January 2018, Week 04, Issue 966

Halliburton’s US$1 billion takeover of a Perm-based oilfield equipment manufacturer has apparently been upended because of US sanctions. The news comes as another US...