Company news
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10.06.2015
Dock trials of floating nuclear power plant to start this summer
Dock trials of Russia’s first floating nuclear power plant will start this summer. The plant will replace old power plants in Chukotka, where the government is planning a 5 billion rubles investment in onshore infrastructure. More»
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05.06.2015
Lukoil eyes new Arctic oil terminal
The oil company wants to build another Arctic oil terminal, similar to the one in Varandey, but might be stopped by Rosneft. More»
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04.06.2015
Gazprom Neft completes first winter sea shipments of oil from Yamal
Seven tankers, carrying a total 110,000 tonnes of the company’s new “Novy Port” oil, were despatched. All crude despatched during the winter season has been sold to end-users in north-western Europe, with all payments made in rubles. More»
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02.06.2015
Naimi says Saudi oil strategy working, sees stronger demand
Saudi Arabia's oil minister Ali al-Naimi said he expects oil demand to pick up in the second half of 2015 while supply decreases, in a sign that the kingdom's strategy of defending market share was working. More»
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01.06.2015
Norway surpasses Russia as top gas supplier
For the first time since 2012, Norway has surpassed Russia as the largest supplier of gas to Western Europe. More»
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29.05.2015
Russia, Venezuela Agree Massive $14bn Investment Deal
President of Venezuela Nicolas Maduro says his country has reached an agreement with Russia, which will see investment of $14 billion in the oil and gas sector over the next few years. More»
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28.05.2015
Gazprom and pipe companies to go on jointly developing and adopting innovations
Alexey Miller, Chairman of the Gazprom Management Committee held another meeting on innovations in the Russian pipe industry at the Volga Pipe Plant headquarters (city of Volzhsky, Volgograd Region). More»
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27.05.2015
OAO Varioganneft implements the program for sidetracking technology introduction
Well 4152 was put into operation early in May at Varioganskoye field with a daily production rate of 65 tons of oil after application of the sidetracking technology. More»
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26.05.2015
Terneftegas launches the Termokarstovoye field
AO NOVATEK announced that Terneftegas, a joint venture between NOVATEK (51%) and Total (49%), formally launched the Termokarstovoye gas and gas condensate field into commercial production. More»
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25.05.2015
Rosneft Sets Another Drilling Speed Record
Another record of commercial drilling speed at the continental part of Russia was set at Ust-Tegusskoye field of RN-Uvatnefregaz, a Rosneft subsidiary. More»
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