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Russia and Caspian upstream in brief

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The Russia and Caspian upstream in brief provides Wood Mackenzie's expert opinion and analysis of the key events impacting the upstream industry in the region. We draw upon our upstream database and data tools to help deepen our clients' understanding of the region. The report primarily focuses on exploration and appraisal drilling, project developments, production, licensing, fiscal and regulatory changes, geopolitics, and corporate and M&A activity.

Table of contents

  • Global upstream updates: our favourite slides and topics
  • Ukraine attacks key condensate plant in Yamal Nenets
  • Saudi Arabia’s Delta International signs 25-year oil and gas licence in Afghanistan
  • Kazakhstan accelerates EOR ambitions as mature fields fade
  • KazTransOil to expand the Kazakhstan-China Oil Pipeline
  • SOCAR enters US shale through deal with Comstock Resources
  • TotalEnergies fully exits Arctic LNG-2
  • Kazakhstan launches new licensing round after muted response to April auction
  • Azerbaijan’s SOCAR acquires Itochu’s 3.65% non-operated stake in ACG
  • EU adopts 21 st sanctions package
  • Drone strikes on tankers halt CPC loadings, threatening Kazakhstan's oil output
  • Ukraine attacks several Russian refineries. Oil production falls.
  • 330 more item(s)...

Tables and charts

This report includes the following images and tables:

    TAPI pipeline routeKazakhstan liquids output: megaprojects vs other fieldsKazakhstan-China Oil Pipeline capacity and 2025 throughput, by section
    April 2026 auction resultsACG cash flow and capex outlookKazakhstan exports by route, H1 2026OPEC+ 'required production' versus Wood Mackenzie viewPETRONAS offshore acreage in the Turkmen sector of the Caspian SeaKashagan oil production by phaseAzerbaijan gas exports and pipeline capacityKazakhstan monthly liquids production in 2026Chonski production
  • 213 more item(s)...

What's included

This report contains:

  • Document

    Russia and Caspian upstream in brief

    PDF 46.44 MB

  • Document

    Russia And Caspian Upstream In Brief Archive.pdf

    PDF 9.66 MB