Russia & FSU
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.
News
June 29, 2015
Eni and KazMunayGas have finalized an agreement that defines the commercial terms of the transfer to Eni of 50% of the subsoil use rights in the Isatay block located in the Kazakh Caspian Sea.
News
June 26, 2015
OAO Rosneft, Russia’s largest oil producer, said first-quarter profit fell 35% after last year’s drop in crude prices.
News
June 23, 2015
Russia surpassed Saudi Arabia to become China’s top crude supplier as the fight for market share in the world’s second-largest oil consumer intensifies.
News
June 23, 2015
FMC Technologies has received an order from BP Exploration (Shah Deniz) Ltd. to supply subsea production systems for Well Clusters 3-5 of the Shah Deniz Stage 2 project in the Caspian Sea. The order has an estimated value of $297 million in revenue and is in addition to the initial order for Well Clusters 1-2 received in 2014 from BP, the operator of the Shah Deniz Stage 2 project. The Shah Deniz field is located offshore in the Azerbaijan sector of the Caspian Sea, approximately 100 km south of Baku.
News
June 22, 2015
BP Plc’s $750 million purchase of a Siberian oilfield stake is as much a bet on China as it is on Russia.
News
June 19, 2015
BP Plc will pay OAO Rosneft $750 million for a stake in an East Siberian oil producer, following Royal Dutch Shell Plc’s plans to expand a natural gas export project in Russia.
News
June 19, 2015
Itera, a wholly owned Rosneft subsidiary, and General Electric signed an agreement of intent regarding natural gas processing cooperation at the St. Petersburg International Economic Forum.
News
June 19, 2015
Russia signed a preliminary agreement on building a natural-gas pipeline through Greece, a deal that signals strengthening ties between the countries as the crisis-stricken government in Athens is increasingly isolated from the rest of Europe.
News
June 19, 2015
Rosneft and BP have signed several agreements strengthening the long term strategic relationship between the two companies, at the St. Petersburg International Economic Forum.
News
June 18, 2015
While Kazakhstan and Azerbaijan have added over 1 MMbpd to the world’s oil supply since 2005, the two countries are now diverging in their ability to grow production and influence global supply, according to an analyst with research and consulting firm GlobalData.
News
June 10, 2015
OAO Lukoil, Russia’s largest non-state oil producer, said first-quarter profit dropped 60% after crude prices slumped.
News
June 10, 2015
The U.S. has taken Russia’s crown as the world’s biggest oil and natural-gas producer, illustrating the seismic shifts in the global energy landscape caused by America’s shale fields.
News
June 09, 2015
Ukraine needs to negotiate a new natural-gas deal with Russia just as the conflict between the two countries risks escalating again.
News
June 04, 2015
OAO Novatek announced Thursday that Novatek Gas & Power, a wholly owned trading subsidiary of Novatek, has signed a long-term contract with Shell International Trading Middle East for the supply of LNG from the Yamal LNG project.
News
June 04, 2015
Initiated in February 2015, Gazprom Neft has completed its first winter shipments of oil from Novoportovskoye field, becoming the first company in the Russian oil and gas sector to dispatch oil from Yamal by sea under winter conditions.
News
June 03, 2015
OAO Rosneft hired Andrey Baranov from OAO Gazprom to head investor relations as Russia’s largest oil producer seeks to add institutional shareholders.
News
June 03, 2015
Novatek Gas & Power concluded a long-term contract with ENGIE (formerly GDF SUEZ) on the supply of LNG from the Yamal LNG project.
News
June 02, 2015
Gazprom Neft, the oil arm of Russia’s state-run gas exporter, said commercial production from its Bazhenov shale formations could start in three years amid U.S. sanctions limiting the transfer of fracing technology.
News
June 02, 2015
Russian oil output neared a record in May, damping speculation before OPEC meets this week that major producers may cooperate to curb a global supply glut.
News
May 27, 2015
ST. PETERSBURG, Russia -- JSC Arcticgas—a subsidiary of Gazprom Neft and Novatek—has completed the first ever four-stage fracing of a horizontal well in the Yamalo-Nenets Autonomous Region, undertaken as part of the development of the Achimov deposits in Urengoyskoye field.
