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News // Russia

Russia gas production up in 2016

Gas production in Russia increased by 0.9% to 639 bn m3 in 2016, according to a report by the country's Ministry of Economic Development.

06 February 2017 , 17:49Neftegaz.RU7330

Rosneft and Statoil begun exploratory drilling for hard-to-extract oil in Central Russia

Domanik Oil started drilling the 1st well as part of an exploration program to study tight hydrocarbon reserves of Domanik sediments in Samara region.

31 January 2017 , 18:00Neftegaz.RU8180

Rosneft to supply 2 million tonnes of oil to India in 2017

Rosneft plans to supply to 2 million tonnes of oil to India this year, the Russian oil major’s Chief Executive Igor Sechin told Russian President Vladimir Putin.

30 January 2017 , 00:03Aniket ChakrabortyNeftegaz.RU5400

Gazprom and KazMunayGas agree 2017 sales

Gazprom and KMG agreed on volume of deliveries of Kazakhstan gas for 2017 of about 12.8bn m3.

26 January 2017 , 14:11Neftegaz.RU6490

Iran hails Russia in Europe gas transfer plan

Russian firms have expressed interest in Irans gas development projects, as Gazprom has recently signed the letter of intent with the NIGC.

25 January 2017 , 14:07Neftegaz.RU5050

Gazprom Neft launched 2 new production wells at Prirazlomnoye Arctic oil field

Prirazlomnoye is the 1st Russian Arctic oil project, and this year, output is seen at 2.6 million tons of crude, or 19.06 million barrels, despite a 3-month technical maintenance shutdown of the same-name platform during the summer.

23 January 2017 , 00:05Irina SlavNeftegaz.RU5820

Putin launched the Zapolyarye-Purpe, Kuyumba-Taishet oil pipelines and the Bovanenkovo-Ukhta-2 gas pipeline

Vladimir Putin took part in the launch of the Bovanenkovo-Ukhta 2 gas pipeline and put into operation 2 new pipelines Zapolyarye-Purpe and Kuyumba-Taishet.

18 January 2017 , 18:27Neftegaz.RU7950

Why Russia expects $40 oil this year

Budget deficit is a fascinating thing. It can turn around economies if it's large enough or it can highlight their resilience, if it turns out to be not as large as expected. The thing is, no government can be 100 % certain in advance what budget deficit it will have to contend with in any future fiscal year.

09 January 2017 , 01:00Irina SlavNeftegaz.RU6750

Russia set to become Lithuania's biggest supplier

In the closing days of 2016, major Lithuanian gas buyers signed contracts with Russia’s Gazprom. which is expected to supply the bulk of the country’s gas needs for 2017.

04 January 2017 , 12:04Neftegaz.RU8300

First ever contract for export of Russian LNG to Kazakhstan is signed

Gazprom Export and Global Gas Regazification, the company of Global Gas Group, signed the first ever contract for supply small scale LNG by road transport from Russia to Kazakhstan.

30 December 2016 , 10:05Neftegaz.RU8930

Russian output of oil products to fall in 2017

Russia’s output of oil products is expected to fall by about 2.5 % in 2017 due to further work on a massive refinery modernisation programme aimed at boosting fuel quality, a deputy energy minister said.

27 December 2016 , 15:02Neftegaz.RU7120

Halliburton eyes Russian firm buy

Halliburton, one of the world’s largest oilfield services providers, has made a move to buy a Russian manufacturer of oilfield solutions.

27 December 2016 , 10:31Neftegaz.RU8130

Gazprom Neft starts new work in Serbia

A Russian oil company said its division in Serbia has opened up a new reserve area with the goal of moving from drilling to development next year.

23 December 2016 , 14:28Neftegaz.RU6700

New resources on Russia’s Arctic map

Rosgeologia, a state-owned company, has won tenders on seismic mapping in the Barents Sea and the Kara Sea commissioned by Gazprom and worth almost 9 billion rubles.

23 December 2016 , 12:04Atle StaalesenNeftegaz.RU6890

Russia sees oil markets balanced in late 2017

Only when crude oil markets balance out in the second half of next year can major players starting talking about market recovery, Russia's oil minister said.

22 December 2016 , 17:38Neftegaz.RU6490

In Yamal, a looming dispute between Novatek and Gazprom

Novatek-owner Leonid Mikhelson is asking President Putin for permission to acquire 4 licenses owned by Gazprom.

14 December 2016 , 10:08Atle StaalesenNeftegaz.RU5860

Kirill Molodtsov: Russian firms highly potent to develop Iran oil fields

Russian Deputy Minister of Energy Molodtsov Kirill said Russian companies enjoy huge potentialities for developing Iranian oilfields.

12 December 2016 , 18:03Neftegaz.RU5760

Qatar and Glencore buy $11.3 billion share in Russia's Rosneft

Anglo-Swiss multinational commodity trading and mining company Glencore and the Gulf emirate of Qatar have bought into Russian state oil producer Rosneft.

08 December 2016 , 14:00Neftegaz.RU7620

Iran-Russia ٍEnergy Committee to meet in Tehran

The Iran-Russia energy committee will convene for the first time in Tehran on December 11, 2016.

07 December 2016 , 14:11Neftegaz.RU5360

Oil-rich Russia sees economic growth ahead

The economy of oil-rich Russia could catch up with the rest of the world in about 10 years if the conditions are right, the country's finance minister said.

01 December 2016 , 18:09Daniel J. GraeberNeftegaz.RU7870

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