Russia & FSU
News
March 14, 2017
Lukoil PJSC returned to profit in the fourth quarter after crude prices rallied.
News
March 10, 2017
Investing in Russian oil has become a choice between cash or glory, and Lukoil PSJC looks like the richer side of the bet.
News
March 08, 2017
Saudi Arabia and Russia, the architects of an oil production cut that has stabilized prices, presented a united front on compliance just as rising U.S. inventories have sparked doubts about the OPEC and non-OPEC deal.
News
March 07, 2017
LUKOIL has completed drilling the fourth well at Filanovsky field in the Caspian Sea. The length of the horizontal section is 1,194 m for the main bore and 1,366 m for the lateral.
News
March 06, 2017
Weatherford International plc today announced the development and deployment of a high-performance cement retainer and bridge plug for use in wells in Sakhalin Island, Russia.
News
March 03, 2017
Lukoil launches new well completion technologies for multi-stage hydrofracturing in Yugra
News
March 03, 2017
Europe’s appetite for natural gas is leading to a growth “renaissance” as its stores of the fuel languish at the lowest levels since 2013, according to Gazprom PJSC.
News
March 03, 2017
Gazprom deputy head Alexander Medvedev is taking solace in old sayings by the founding father of the People’s Republic of China as the natural gas giant pushes ahead with a plan to become its biggest supplier.
News
February 23, 2017
Rosneft will expand its oil-trading operations and seek more prepaid supply deals as the Russian energy giant moves to feed its growing network of international refineries.
News
February 22, 2017
Taas-Yuryakh Neftegazodobycha increased oil production by 18.9% in 2016 compared to the same period in 2015.
News
February 21, 2017
Gazpromneft-Sakhalin, a subsidiary of Gazprom Neft, has signed a contract with Hakuryu 5, Inc. (a 100%-owned subsidiary of Japan Drilling Co., Ltd., Japan) regarding the leasing of a drilling rig for construction of a prospecting and appraisal well at the Ayashsky licence block, located on the continental shelf of the Sea of Okhotsk.
News
February 20, 2017
Russia overtook Saudi Arabia as the world’s largest crude producer in December, when both countries started restricting supplies ahead of agreed cuts with other global producers to curb the worst glut in decades.
News
February 17, 2017
The biggest oil producers in the Middle East are helping crude from Western Siberia boldly go where it’s rarely gone before.
News
February 16, 2017
As part of its ongoing technology strategy, Gazprom Neft has established a program directed at developing technologies to exploit oil reserves located below a gas cap.
News
February 15, 2017
Russia’s largest oil field, so far past its prime that it now pumps almost 20 times more water than crude, could be on the verge of gushing profits again for Rosneft.
News
February 13, 2017
Based on the geological exploration results and the revision of previous estimates, LUKOIL added 0.7 Bbbl of oil equivalent to its proved reserves in 2016.
News
February 10, 2017
Wintershall is moving its Russian branch office, which currently has around 90 employees, from Moscow to St. Petersburg in August 2017.
News
February 07, 2017
Fluor Corporation has announced its JV team, KPJV, has been selected by Tengizchevroil LLP (TCO) to execute the front-end engineering and design (FEED) for the multi-phase pump project in Kazakhstan.
News
February 06, 2017
European gas traders are once again focusing on exports from its biggest supplier as freezing weather is set to return to the region.
News
February 01, 2017
Gazprom Neft has successfully completed pilot testing of Russia’s first-ever domestically produced polycrystalline diamond composite (PDC) drill bit, during pilot drilling at its Vyngapurovskoye field, Yamalo-Nenets Autonomous Okrug.
News
January 30, 2017
Lukoil is seeking opportunities for growth in the Middle East as Iran opens more of its oil fields to international partners, according to the Russian energy company’s regional head.
