Russia & FSU
News
October 01, 2015
BASF and Gazprom have completed an asset swap, which will allow Wintershall, a wholly owned BASF subsidiary, to focus on exploration and production while it exits the gas trading and storage business.
News
September 30, 2015
While Russia is continuing to pump crude oil at record levels, producing on average 10.685 MMbpd in 2015, the continuous pressure from U.S./EU sanctions is having an impact on the strategic course of the Russian oil and gas industry, says an analyst with research and consulting firm GlobalData.
News
September 30, 2015
As part of the Sakhalin Oil & Gas 2015 International Conference, Alexander Medvedev, deputy chairman of the Gazprom Management Committee delivered today in Yuzhno-Sakhalinsk a report entitled ‘Gazprom Group in Asia-Pacific Gas Markets’.
News
September 28, 2015
Ukraine, a dominant gas transit hub, reached a supply agreement Friday with Russia, the European Union’s largest outside supplier of the fuel.
News
September 25, 2015
Schlumberger will not extend its pending agreement to acquire a minority equity interest in Russia’s Eurasia Drilling when the current extension expires.
News
September 21, 2015
DNV GL has been awarded a contract for the provision of Marine Warranty, Operations And Consultancy Services for the Shah Deniz 2 project operated by BP Exploration (Shah Deniz) Limited.
News
September 18, 2015
Lukoil has cumulatively produced 30 Bcm of natural gas at its projects in Uzbekistan, the company announced Friday. Most of this—about 85%—comes from Khauzak-Shady field in the Bukhara Province.
News
September 18, 2015
BP Plc is poised to continue as operator of a key Caspian oil-field complex after the current production-sharing deal expires, according to Azerbaijan’s state oil company.
News
September 17, 2015
Gazprom Neft has secured subsoil usage rights for the Novochatylkinsky license block, including part of Chatylkinsky oil field.
News
September 11, 2015
Few things have more potential to spook the oil market than the prospect of Russia joining forces with OPEC. Speculation that such a move was afoot last month drove crude to its biggest three-day gain in 25 years.
News
September 10, 2015
Gazprom PJSC sold about a third of the natural gas offered in its first-ever auction for European buyers, instead targeting higher prices amid a regional glut and plunging commodity costs.
News
September 08, 2015
At a time when the collapse in crude prices pushes Russia’s economy into a recession, the nation’s oil producers are managing to beat their western counterparts.
News
September 07, 2015
LONDON (Bloomberg) -- Oil declined for a second day after another Russian official ruled out cooperation on production cuts with OPEC, adding to signs that a global oversupply will persist.
News
September 04, 2015
Rosneft Vietnam B.V., a company of Rosneft Group, and Japan Drilling Co., Ltd. (JDC) signed an agreement on provision and operation of the marine drilling rig HAKURYU-5, for the purposes of drilling exploration wells within the framework of Rosneft’s projects in Vietnam.
News
September 04, 2015
BASF and Gazprom have agreed to complete the swap of assets with equivalent value signed in December 2013 and originally intended to be completed by the end of 2014.
News
September 04, 2015
OAO Rosneft will sell a stake in one of its largest oil-producing projects to ONGC Videsh Ltd., the overseas-investment arm of India’s biggest explorer, for $1.27 billion, people familiar with the plan said.
News
September 04, 2015
Russia will assume that crude prices will stay near their present level in calculating next year’s budget as the world’s largest energy exporter adjusts to a downturn on the oil market, according to President Vladimir Putin’s top economic aide.
News
September 03, 2015
Gazprom PJSC, the world’s biggest natural gas supplier, is shifting the goalpost for signing a firm contract with China to supply gas from Western Siberia under a deal that would make the Asian nation Russia’s biggest customer for the fuel.
News
September 03, 2015
OAO NOVATEK and China’s Silk Road Fund (SRF) have concluded a framework agreement on the acquisition by SRF—a $40-billion medium- to long-term investment fund—of a 9.9% equity stake in the Yamal LNG project.
News
August 31, 2015
Gazprom PJSC, the world’s biggest natural gas supplier, is preparing a deal with China to build a pipeline near the Pacific coast as talks about a West Siberian link drag.
News
August 31, 2015
OAO Rosneft, Russia’s largest oil producer, said profit fell 22% in the second quarter after crude prices slumped by almost half from a year earlier.
