Company news
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06.05.2020
LUKOIL Commissions Digital Substation in Perm Region
Courtesy of lukoil.com LUKOIL commissioned its first digital power substation at Chashkinskoye field in Perm Region. The new facility distributes and delivers electric power from a... More»
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04.05.2020
TATNEFT Has Upgraded the Critical Data Storage with the Support of Huawei
Huawei Company has granted assistance to TATNEFT in the successful implementation a new generation of the data storage system Huawei OceanStor Dorado V6 as part of the Company's Data Processing Center modernization More»
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29.04.2020
LUKOIL Continues Develop of its North Caspian Fields
Courtesy of lukoil.com LUKOIL has moved on to the next stage of facilities construction for the Valery Grayfer field being the launch of the jacket of the living quarters platform... More»
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20.04.2020
Gazprom Neft to continue its development of the Meretoyakhaneftegaz project independently
Shell has advised Gazprom Neft that, due to the challenging external environment, it will not pursue the completion of a deal to create a joint venture through Meretoyakhaneftegaz. More»
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17.04.2020
LUKOIL Commissions Komandirshorskaya Group of Fields in Nenets District
Courtesy of gazprom-neft.com LUKOIL started test production at three oil fields of the Komandirshorskaya Group – Komandirshorskoye, North Komandirshorskoye and West... More»
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15.04.2020
Gazprom Neft further expands its resource base in the Khanty-Mansi Autonomous Okrug
Courtesy of gazprom-neft.com Gazprom Neft subsidiary Gazpromneft-Khantos has acquired development rights to deep strata at the southern section of the Priobskoye... More»
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13.04.2020
Natural Gas Prices Could Double Next Year
Unprofitable drilling, a global recession and dwindling access to capital could lead to a decline in U.S. natural gas production this year and next. The declines could finally set the stage for an increase in prices in 2021, according to two reports. More»
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09.04.2020
World Oil Output May Fall By 10 Million Barrels a Day, IHS Says
IHS Markit expects as much as 10 million barrels a day of world oil production to be cut or shut-in from April through June as storage fills up and demand craters due to the Covid-19 pandemic. More»
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06.04.2020
Gazprom Neft expands production in the Arctic
Gazprom Neft’s Arctic assets were responsible for a significant contribution to the company’s total production growth in 2019, with about 30% of all oil production occurring within the Arctic Circle. Liquid hydrocarbon production was up 8% at the... More»
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02.04.2020
Over million oilfield jobs on the line due to oil price war and coronavirus, Rystad says
More than a million jobs in the oilfield service industry (OFS) are likely to be cut in 2020 due to low project volumes brought upon by the Covid-19 epidemic and the ongoing oil price war, a Rystad Energy impact analysis shows, also revealing that... More»
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