Russia & FSU
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.
News
August 21, 2015
Gazprom Neft has brought its second well into production at Prirazlomnoye field, with output totaling 1,800 tonnes per day.
News
August 18, 2015
Bell Geospace, leaders in full tensor gravity gradiometry data acquisition, have announced that they have been awarded a contract to acquire approximately 4,247 square mi of data onshore Mongolia, by Petro Matad Limited.
News
August 17, 2015
Russia is the standout these days among the biggest emerging markets, but for all the wrong reasons.
News
August 13, 2015
OAO Rosneft increased drilling for oil and gas by 27% in the first seven months of the year, bucking the trend of international oil companies as prices slump.
News
August 12, 2015
Lukoil has passed a 5 million tonnes (38.6 MMbbl) mark in oil production at the Yuri Korchagin field in the Caspian Sea.
News
August 10, 2015
U.S. sanctions against the world’s biggest natural gas producer soured a surprise 71% surge in profit at Gazprom PJSC to push its shares lower in Moscow.
News
August 10, 2015
Gazprom PJSC, the world’s biggest natural gas producer, said first-quarter profit rose 71% as a weaker ruble countered lower prices for the fuel and falling sales volumes.
News
August 07, 2015
The U.S. declared one of Russia’s largest offshore oil and natural gas fields off limits to American tools and expertise, potentially disrupting Royal Dutch Shell Plc’s plans to liquefy the fossil fuel for export.
News
August 05, 2015
Statoil ASA is seeking to deepen its ties with OAO Rosneft even as sanctions hinder the Norwegian oil producer’s push to add resources from its eastern neighbor.
News
August 04, 2015
Following the supply of a further 100,000 tonnes of East Siberian Pacific Ocean (ESPO) crude to the Chinese market in July, total volumes of ESPO crude exports by Gazprom Neft since the commencement of supplies have now reached 10 million tonnes.
News
July 27, 2015
Global oil and natural-gas producers have delayed $200 billion of investment in more than 45 projects following the slump in crude prices, according to Wood Mackenzie Ltd.
News
July 16, 2015
Russian major oil and gas companies are uniquely positioned to take advantage of the current macro-economic environment and favorable fundamentals, and to withstand any prolonged period of oil price weakness, according to the latest analysis from Wood Mackenzie.
News
July 14, 2015
Rosneft and Statoil ASA have completed drilling works as part of the Pilot Project at the PK1 layer of the North-Komsomolskoye field.
News
July 13, 2015
The ruble weakened for the first time in three days as declining prices for crude, Russia’s main export earner, offset investor optimism after Greece reached a deal with creditors.
News
July 13, 2015
Fugro delivered a bespoke structural monitoring system for Exxon Neftegas Ltd., as operator for, and on behalf of, the Sakhalin-1 Consortium, to monitor the structural integrity of its Berkut oil platform in the Arkutun Dagi field.
News
July 02, 2015
China is wary of expanding energy investments in Russia because closer ties with the Kremlin could harm its relations with the U.S., according to a former researcher at China’s biggest offshore explorer.
News
July 01, 2015
Ukraine halted purchases of Russian natural gas after its bigger neighbor took away most of a price discount and declined to sign a three-way accord with the European Union through the winter heating season.
News
July 01, 2015
Russia is set to strengthen its position as the biggest oil supplier to China in the coming decade with a planned second pipeline link to Chinese refineries, according to a unit of Fitch Group Inc.
News
June 30, 2015
Russia and Ukraine were poised to wrangle over natural-gas prices at talks brokered by the European Union, which seeks to secure an agreement on supplies of the fuel through at least next winter.
News
June 30, 2015
Russia’s plan to build a new $15 billion pipeline to Turkey is at risk of delay because of a fight over gas prices, according to people with knowledge of the matter.
