FSUOGM Top Story archive

05 October 2017, Week 39, Issue 951

Former German Chancellor Gerhard Schroeder is facing a backlash at home after being elected to chair the board of Russia’s largest oil company, Rosneft.

27 September 2017, Week 38, Issue 950

Russia’s Lukoil, the biggest foreign investor in Uzbekistan, is in talks with authorities in Tashkent over royalties at the Southwest Gissar gas project and has downgraded its forecast for gas...

21 September 2017, Week 37, Issue 949

After years of drawn out talks, Azerbaijan and a BP-led consortium have agreed to extend the production-sharing contract (PSC) for the ex-Soviet republic’s largest oil asset up to 2050.

13 September 2017, Week 36, Issue 948

Kazakhstan is understood to have rejected another settlement offer from the IOCs running the northwestern Karachaganak field, in a US$1.6 billion dispute over profit sharing.

6 September 2017, Week 35, Issue 947

Kyrgyzstan has affirmed its growing ties with Russia’s Gazprom during a ceremony to mark the launch of an overhauled section of a cross-country gas pipeline. 

31 August 2017, Week 34, Issue 946

French major Total is interested in participating in Novatek’s second LNG scheme on Russia’s Arctic coast, according to reports.

24 August 2017, Week 33, Issue 945

Russian oil champion Rosneft and its partners have wrapped up the US$12.9 billion purchase of India’s Essar Oil, marking the biggest direct foreign investment in India’s...

17 August 2017, Week 32, Issue 944

Iran’s northern port of Neka received two batches of Turkmen oil this month, prompting speculation that Tehran may be resuming oil swaps with its Caspian Sea neighbours after a five-year hiatus....

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...