Gazpromneft

Capital expenditure of Gazprom Neft fell by 21.7% to 65.7 bln roubles in Q1

The capital expenditure of Gazprom Neft fell by 21.7% to 65.665 bln roubles in Q1 2017 compared with Q1 2016, is said in the company’s IAS report.

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Gazpromneft-Noyabrskneftegaz completes the 3D winter seismic survey in a remote group of fields with record figures.

Over the past winter 3D seismic work at Zapadno-Chatylki licensed site, which is part of a remote group of deposits, was performed on an area of 619 square km.

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Gazprom Neft reduced net debt by 4.8% to 611 bln roubles in Q1 2017

The net debt of Gazprom Neft as of the end of Q1 2017 made up 611.042 bln roubles, which is by 4.8% lower than at the beginning of Q1 2017.

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Gazprom Neft increased hydrocarbons production by 4.6% in Q1

Gazprom Neft increased hydrocarbons production by 4.6% in Q1 2017 compared with Q1 2016 to 162.76 mln barrels of oil equivalent (taking into account the stakes in JVs).

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Net profit of Gazprom Neft under IAS grew by 49% in Q1 to 61.953 bln roubles

The net profit of Gazprom Neft under IAS grew by 49% in Q1 to 61.953 bln roubles, is said in the company’s report.

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Gazprom Neft increased revenue under IAS from oil products sale by 15%

Gazprom Neft increased the revenue under IAS from oil products sale by 14.7% in Q1 2017. Export revenue grew by 30.1%, is said in the company’s IAS report.

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Gazprom Neft reduced processing by 14% due to repair works at Moscow oil refinery and Yanos

In Q1 2017 Gazprom Neft reduced oil processing by 14.2%. In total the company’s oil refineries processed 8.78 mln tons of oil, is sad in the company’s report under IAS.

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Russian oil companies increased driftage in exploratory drilling by 4.5% in January-April 2017

Russian oil companies in January-April 2017 drilled 317.4 thousand m of exploratory wells. This is by 4.5% higher than in January-April 2016.

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Rosneft already states its claims to the Ergin.

Rosneft sent an application for an auction for the Ergin oil field, the largest of which has not yet been distributed in Russia.

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Gazpromneft’s project on study of Bazhenov formation gets status of a national one

The Russian Ministry of Energy has approved the application of Gazpromneft and awarded the status of the national one to the project of "Creation of a complex of domestic technologies and high

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
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