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Tags: Russian oil and gas industry


Earthquake Equipment Invented to Increase Oil Recovery by 20 Percent
The breakthrough equipment creates earthquakes at the payzone level in the oil well.
The Revenues of Russian Budget from Oil Exports Grew Up
The revenues of Russian budget from oil exports in January-March of this year grew by 21 percent in annual terms and amounted to 28.2 billion US dollars.
Rosneft Completed Drilling the First Super Deep-water Well Maria-1
Rosneft completed drilling the first super deep-water prospecting and evaluation well Maria-1 in the West-Black Sea area on the Black Sea shelf.
Rosneft Deutscland Develops a Strategy of Independent Marketing in Germany
Rosneft Deutscland develops a strategy of independent marketing for the entire assortment of its petroleum products on the German market.
Russia will Reach a Peak of Oil Production in 2021
Russia will reach a peak of oil production - 11.7 million barrels per day - in 2021, then by 2023 the volume will fall to 11.57 million barrels.
Iran Delivered the First Shipment of Oil to Russia
In November, Iran delivered the first shipment of oil to Russia as part of the oil-for-goods program.
Rosneft Intends to Sign a New Agreement With Iraqi Kurdistan
Rosneft intends to sign an agreement with the authorities of Iraqi Kurdistan on financing the expansion of the gas pipeline infrastructure.
Russia Increased Its Oil Export Revenues By 35 Percent
Russia has increased its oil export revenues by 35 percent in annual terms, up to 53.14 billion dollars, in January-July 2017. This is evidenced by the data of the Federal Customs Service (FCS).
Rosneft Signed an Agreementand With the Chinese Huaxin Energy Company
The agreement on strategic cooperation provides for the implementation of joint exploration and production projects in Western and Eastern Siberia, as well as the interaction of both companies in the field of oil refining and petrochemicals, trade in oil and oil products.
Gazprom Signed An Agreement With Hungarian Authorities
The Russian holding company Gazprom and the Hungarian authorities signed an agreement on gas supplies via the Turkish Stream.
Rosneft Drilled the Central Olginskaya-1 Well
Rosneft, the oil and gas company drilled the Central Olginskaya-1 well as a result of geological exploration on the shelf in the Eastern Arctic.
Orenburgneft Opened a New Oil Field
Orenburgneft (a subsidiary of Rosneft) has opened a new oil field in Bakhtiyarovskoye of the Orenburg region.
Oil Summit In Doha
On Sunday the 17th of April the representatives of the oil extracting countries will gather in Doha (Qatar) to discuss the freeze of oil extraction.
Amount Of Oil Extraction Will Remain Same
The Russian oil companies will continue to extract the same amount of oil as in January 2016.
Rosneft Will Invest $500 million
Rosneft and the Venezuela state oil company PDVSA signed a contract at night of the 20th of February according to which the Russian company will invest $500 million into mining in the oil-bearing belt of the river Orinoko.
Gazprom Signed a Memorandum With CNPC
The memorandum on gas supplies to China between Gazprom and the Chinese National Petroleum Company (CNPC) provides for a third route in addition to the eastern and western ones.
Russia Might Reduce Oil Production
The Russian Government is working on the possibility of reducing oil production volumes for maintaining its prices. This was announced by the Energy Minister Aleksandr Novak.
Rosneft's 9M Operating Results
Rosnefts CEO has praised the oil giants performance in the first nine months of 2014, boasting high operating performance on the back of improved operating efficiency.
Rosneft Will Conduct Geological Explorations Mainly On Russian Shelves
The bigger part of seismic explorations and investments in geological exploration by Rosneft oil company in 2014 is scheduled for the Russian shelf.
Russian Oil and Gas Companies
Much is told today about oil invasion of Russia to the world markets, therefore it can be useful to learn more about the leading oil and gaz companies, locomotives of the Russian economy and business.


Oil and Gas Extraction Optimized with Artificial Intelligence in Siberia
Five Russian oil companies are interested in the project, which involves the Siberian Branch of the Russian Academy of Sciences and a number of private companies.
The Castro 10 (C10) Vessel has Started Preparatory Work on Laying Gas Pipes for the Nord Stream-2
The vessel is working on a marine coastal area which will be connected to the onshore section of the pipeline.
Export Duty on Oil will be Gradually Reduced to Zero
The State Duma has adopted two laws on the completion of the tax maneuver in the oil and gas industry in the third reading.
Digital Innovations Centre by Gazprom Neft
Gazprom Neft is creating a Digital Innovations Centre (DIC) for the implementation of digital technologies in the field of logistics, processing and marketing.
Oil And Gas Extraction: New Methods
Russian scientists proposed revolutionary changes in the methods of oil and gas extraction. The idea is to use a laser instead of a drill; the new method does not destroy the rock, but melts it.
TMK Goes to Oman
One of the world's leading producers of steel pipes for the oil and gas sector, TMK, buys up a plant in the Middle East to expand in the vital market.
Russian Oil and Gas Reserves Grew in 2011
As a result of geological survey, Russian oil and gas reserves grew in 2011, claimed the Minister of Natural Resources and Ecology Yuriy Trutnev.
Rosneft and Exxon Mobil to Open a Joint Venture
In February 2012 the largest Russian oil company Rosneft is going to make an agreement on creating a new joint venture with the American company Exxon Mobil.

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