FSUOGM Top Story archive

20 July 2016, Week 28 Issue 890

The Azov Oil refinery in Mariupol, Ukraine, has been seized by a group of 30 men armed with machine guns and grenade launchers, apparently as part of a debt dispute.

13 July 2016, Week 27 Issue 889

Russia’s government hopes to move forward with the privatisation of some oil assets by the end of this year, according to First Deputy Prime Minister Igor Shuvalov.

06 July 2016, Week 26 Issue 888

TengizChevroil (TCO), a consortium led by the US major Chevron, is set to spend nearly US$37 billion on an investment programme aimed at increasing production at Tengiz, Kazakhstan’s largest...

29 June 2016, Week 25 Issue 887

The Arbitration Institute of the Stockholm Chamber and Commerce has ruled against Lithuania in a 1.4 billion euro (US$1.55 billion) dispute with Gazprom over the pricing of natural gas supplies....

22 June 2016, Week 24 Issue 886

Russia has announced plans to cut crude oil exports to Belarus this year to put pressure on Minsk to pay off a debt for gas supplies and resume contractual deliveries of petroleum products.

15 June 2016, Week 23 Issue 885

Russia’s Rosneft is pushing state-controlled Transneft to delay the launch of the Zapolyarye-Purpe pipeline, a representative of the latter company said last week.

08 June 2016, Week 22 Issue 884

Russia’s Rosneft announced last week the launch of joint exploration drilling with Norway’s Statoil in the Sea of Okhotsk.

01 June 2016, Week 21 Issue 883

Russian state energy giants Gazprom and Rosneft have been allowed to classify certain financial information after a sustained campaign by the companies to protect their...

25 May 2016, Week 20 Issue 882

Russian transport monopoly Transneft will resume pipelined deliveries of fuel to Ukraine this month following a two-year hiatus, its deputy vice president Vladimir Nazarov said at a meeting on May...

18 May 2016, Week 19 Issue 881

Beijing’s CNPC will begin construction next month on a second string of a pipeline between Mohe and Daqing, paving the way for increased deliveries of Russian crude to northeast China.

11 May 2016, Week 18 Issue 880

Iran is reportedly in talks with Turkmenistan, Russia, Kazakhstan and Azerbaijan on swap deals for crude oil and natural gas.

4 May 2016, Week 17 Issue 879

Rosneft President Igor Sechin has sent a letter to Russian Deputy Prime Minister Arkady Dvorkovich asking him to add oil and gas production to the list of activities eligible for refinancing by...

27 April 2016, Week 16 Issue 878

CNPC vice president Wang Zhongcai has admitted Kazakhstan’s Kashagan oilfield is unlikely to restart until June 2017, contradicting Astana’s insistence that the development would be ready by...

20 April 2016, Week 15 Issue 877

Georgia is pushing ahead with plans to build its first ever underground storage (UGS) facility, after completing a technical and economic feasibility study into the project...

13 April 2016, Week 14 Issue 876

Bulgaria’s largest private gas provider Overgas is challenging Russia’s Gazprom in court for halting gas supplies at the start of 2016.