Russia

Russian oil companies looking to the Americas to boost international long-term positions

Submitted by Editorial on Fri, 2016-01-15 10:55

15th January 2016

Key Russian oil companies have refocused on strengthening their international positions through the acquisition of exploration and production assets in geographies outside Russia, with countries in the Americas providing a number of potential partnerships in the long term, according to analysts with research and consulting firm GlobalData.

Rosneft and BP complete transaction to sell 20 per cent share of Taas-Yuryakh Neftegazodobycha to BP

Submitted by Editorial on Mon, 2015-11-30 17:16

30th November 2015

Rosneft and BP announce the completion of the transaction to sell a 20 per cent share of Taas-Yuryakh Neftegazodobycha LLC to the British company.

Gazprom takes extensive efforts within Ukhta – Torzhok-2 project

Submitted by Editorial on Tue, 2015-10-27 22:20

27th October 2015

In Ukhta Alexey Miller, chairman of the Gazprom Management Committee held a meeting dedicated to construction of the Ukhta – Torzhok-2 gas main.

Gazprom and OMV sign Memorandum of Understanding on oil supply

Submitted by Editorial on Tue, 2015-10-27 09:56

27th October 2015

Vienna hosted a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Rainer Seele, Chairman of the OMV Executive Board.

Sanctions could lead to restructuring of Russian oil industry

Submitted by Editorial on Sat, 2015-10-10 23:25

10th October 2015

While Russia is continuing to pump crude oil at record levels, producing on average 10.685 million barrels per day in 2015, the continuous pressure from US/EU sanctions is having an impact on the strategic course of Russian oil and gas industry, says an analyst with research and consulting firm GlobalData.

Sanctions force Russia to halt Arctic drilling

Submitted by Editorial on Tue, 2015-09-29 17:33

29th September 2015

Deputy Minister of The Ministry of Natural Resources and Environment of the Russian Federation, Denis Khramov, has announced the postponement of all drilling operations on Russia's Arctic Shelf for up to three years.

Gas exportr to Azerbaijan resumes to meet growing demand of Republic

Submitted by Editorial on Thu, 2015-09-24 02:41

24th September 2015

Gazprom is set to resume gas exports to Azerbaijan

Gazprom and CNPC set to conclude negotiations on western route

Submitted by Ben Avison on Thu, 2015-08-27 11:39

27th August 2015

Alexey Miller, Chairman of the Gazprom Management Committee (Photo: Gazprom)

Gazprom and Chinese government and CNPC leaders are progressing towards successfully concluding a contract on the planned western gas supply route from Russia to China

US sanctions threaten Shell alliance with Gazprom

Submitted by Ben Avison on Mon, 2015-08-10 17:29

10th August 2015

As well as a response to the Ukraine crisis, sanctions are seen as a means of influencing global prices

The US government has extended sanctions on Russian to include the Sakhalin 3 project, on which Shell and Gazprom had agreed to work together

Gazprom Neft drills first tight oil Achinsk field well in Russia

Submitted by Paddy Harris on Fri, 2015-05-08 11:28

08th May 2015

The first exploratory well has been drilled at the Achinsk field (Tomsk Oblast, under development by Gazprom Neft subsidiary Gazpromneft-Vostok), part of a federal project to establish a regional testing ground to identify effective technologies for the development of hard-to-recover (tight) reserves

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