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.
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