Page 1 - FSUOGM Week 20 2022
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Issue 1177 18•May•2022 Week 20
Russian oil output dives in April
Russian oil production was down 9% in April, the IEA has estimated, warning
that a deeper decline is yet to come.
All eyes on Finnish gas supply
There are heightened concerns that Finland could be the next country to lose its
Russian gas supply, after announced its intention to join NATO.
EDC gets resale
European Drilling Co. the largest oilfield services firm in the CIS region, is
set to be sold and registered in Russia.
Russia sanctions former Gazprom units
Russia has imposed sanctions on the former European units of Gazprom,
some of which have already been seized by local authorities.
