Gas

In 2017, Russian oil and gas companies invested $58 bln in production

In 2017, investments of Russian oil and gas companies in geological exploration and production increased by 38% to $58 billion, the International Energy Agency estimated.

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Belarus reduces export duties on oil and oil products from August 1

On August 1 Belarus reduced export duties on oil and oil products exported outside the Eurasian Economic Union. This decision was announced in the Council of Ministers of the republic.

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in 2017 interest income of Rosneftegaz fell to a minimum in four years

The indicator "interest receivable" fell to a minimum for four years - 9.43 billion rubles.

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North-Russian block and Yuzhno-Khadiryakhinskoye field. NOVATEK starts development of Jurassic deposits and use of unmanned technologies

NOVATEK-Tarkosaleneftegaz, a subsidiary of NOVATEK, will invest more than 100 billion rubles in the construction of the North-Russian block of deposits in the Yamal-Nenets Autonomous District.

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RN-Uvatneftegaz launches Taltsiyskoye field

RN-Uvatneftegaz, a subsidiary of Rosneft, has launched a new field – Taltsiyskoye. Its recoverable reserves amount to 11.7 million tons of oil.

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In H1 2018, Ukraine reduced production of natural gas by 0.5%, oil – increased by 0.1%

In the first six months of 2018, natural gas production in the Ukraine decreased by 55.1 million cubic meters (by 0.5%) compared to the first half of 2017 and amounted to 10.206 billion cubic meter

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Russian NaftaGaz remains one of the leaders of the drilling market in the first half of 2018

Drilling volume and the number of drilled wells of the Russian oil service company NaftaGaz for the first half of 2018 indicate that the company has a become one of the top 5 Russian drilling enter

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Naftogaz Ukrainy: reform without reforming

New company-operator of the Ukrainian gas transportation system will be an independent legal entity, but will remain a part of Naftogaz Ukrainy.

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European Commission to increase financing of TANAP by 5 mln euro

The European Commission will provide a grant to the amount of 5 million euro for the Trans-Anatolian gas pipeline (TANAP) project. This is stated in the report of the TANAP consortium.

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Gazprom increases gas transit through Ukraine

In July 2018, gas transit through the gas transportation system of the Ukraine increased by 13% compared to the same period in 2017. This was reported by the press centre of Ukrtransgaz.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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