EMOGCP - Russian Oil & Gas Monitor
Ronald P. SmithProfessional commentary on the Russian oil & gas sector from Ronald P. Smith, an internationally-recognized expert and consultant. Emerging Markets Oil & Gas Consulting Partners, LLC
| Platform |  | Pricing | Freemium | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 97 | Founded | a year ago | Last Issue | 7 days ago |
| Active | |||||
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ronaldpsmith.substack.comLatest Issues
Fuel Security – Gas-Powered Cars Rising in Russia
The Iran–US and Ukraine–Russia engagements have profoundly shaken consumer confidence in fuel security. We examine two alternative motor fuels with a strong presence in Russia – natural gas and LPG.
A gas-powered Russian light truck (pictu...
Crack Spreads Soar on Russian Refining Disruptions
Drone strikes halted Russia’s diesel, gasoline, and jet fuel exports and even resulted in imports. The 1.5 mmbpd supply swing has spiked crack spreads above $60/bbl, and a reversal may not come soon.
The Dual Shocks to Global Refined Produ...
Russian Oil Refining and Export Update
The fuel crisis in Russia deepens following the strike against the Omsk refinery. We look at the current state of Russian refining and the changing nature of the country’s export slate.
- Refining update – The drone campaign continues
Vostok Oil Series – Part 2: Fields, Geology & Reserves
Vostok Oil is Russia’s flagship oil project, with 60 licenses accounting for ~20% of the country’s oil reserves. We look at its geology, reserves, and initial indications from its exploration wells.
Building an understanding of Vostok Oil
Urals Corrections: Well Returns and Tax Revenues Under Pressure
The Iran-driven oil price spike in spring 2026 elevated Russian well returns and tax revenues back to 2024 levels, but is quickly fading. What’s next for drilling, production, and ruble policy?
The Iran price roller coaster ride appears to...
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Authors
The writers behind this newsletter.
A leading expert with over 25 years of experience in Russian oil & gas, and with well-developed opinions on, inter alia, the sustainability of Russian oil production, European and global gas markets, and renewable energy economics.
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