FSUOGM Top Story archive

10 August 2017, Week 31, Issue 943

Russia’s eastern regions are set to become a hotbed of upstream and downstream activity over the coming decades as new megaprojects come on line, according to a report from the Russian Energy...

03 August 2017, Week 30, Issue 942

The Russian Energy Ministry intends to submit a bill to the government proposing to cut mineral extraction tax (MET) by 50% at oilfields that contain a lot of water.

27 July 2017, Week 29, Issue 941

US oilfield services giant Schlumberger has launched a second bid for a stake in Russia’s largest drilling company. In a statement on July 20, the company announced it had struck a deal to buy a...

20 July 2017, Week 28, Issue 940

Georgia has kicked off a tender for the construction of its first ever underground gas storage (UGS) unit, a project aimed at bolstering the country’s energy security.

13 July 2017, Week 27, Issue 939

State-owned firms Uzbekneftegaz and China National Petroleum Corp. (CNPC) have started drilling a new exploration well at the Mingbulak oilfield in eastern Uzbekistan nearly a decade after...

06 July 2017, Week 26, Issue 938

Kazakhstan’s national oil company (NOC), KazMunaiGas (KMG), has ended its one month-long search for a partner at the Abay block in the Caspian Sea.

29 June 2017, Week 25, Issue 937

Five foreign energy firms have agreed with the Kazakh government to hold exclusive talks on the Central Asian’s state’s long-mooted Eurasia Project, which aims to unlock...

22 June 2017, Week 24, Issue 936

Russian Prime Minister Dmitry Medvedev has signed a decree to auction off subsoil rights to a trio of Soviet-era gas fields in Yamalo-Nenets Autonomous Okrug.

14 June 2017, Week 23, Issue 935

Spain’s Repsol is looking to team up with Russia’s Gazprom Neft in order to develop its upstream business in the Urals region.

7 June 2017, Week 22, Issue 934

The US government has added Independent Petroleum Co. (NNK) to its sanctions list, claiming the mid-sized Russian firm has been supplying North Korea with oil products from its refinery in Russia’...

31 May 2017, Week 21, Issue 933

Gazprom Neft, the oil producing arm of Russia’s Gazprom, aims to spud its first exploration in June at the Ayashsky licence area, situated off the northwest coast of...

24 May 2017, Week 20, Issue 932

Gazprom has revised its gas production forecast for 2017 as soaring demand for Russian gas in Europe shows little sign of abating.

17 May 2017, Week 19, Issue 931

Russia’s Gazprom has apparently rejected sharing its resources on the Yamal Peninsula with domestic rival Novatek.

10 May 2017, Week 18, Issue 930

Turkmenistan has reported the discovery of natural gas reserves at Uzun-Ada, an onshore field located in the country’s western Balkan Province.

03 May 2017, Week 17, Issue 929

Total could start production from Absheron, a natural gas field in the Caspian Sea, in less than three years, a representative of state-run Azeri company SOCAR said last week.