Oil

Schlumberger: Despite low oil prices, we continue to invest in the Russian economy

In terms of investments, Schlumberger is an old partner of the Tyumen region and it continues to develop this cooperation.

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Lukoil to announce strategy for 10 years in December

In December 2017 Lukoil is to announce a new ten-year strategy of the company, a member of the board of Lukoil, senior vice president of oil and gas production Azat Shamsuarov said at the Tyumen Oi

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Independent members of Naftogaz Supervisory Board announce their resignation

The last independent members of the supervisory board of Naftogaz informed the company of their intention to resign.

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Gazpromneft increases forecast of production potential at the Novoport field

Gazpromneft plans to produce about 6 million tons of oil at the Novoportovskoye field in 2017, at the same time the company has increased its forecast for the oil production capacity at the field t

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Federal Agency on Subsoil Usage put up the Verkhnekatangsky, Kochemsky and Chitomirsky subsoil sites in the Irkutsk region for auction

The Federal Agency on Subsoil Usage has announced auctions for obtaining the right to geological study, exploration and production of hydrocarbons at the Verkhnekatangsky, Kochemsky and Chitorminsk

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Vitol increases loan for oil deal with Kazakhstan to $5 billion

Vitol, which specializes in oil and petroleum products, increased its early export loans to the Kazakhstani state oil companies to $5 billion, thereby strengthening its main position on the develop

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In the first 8 months, SOCAR produced 5 mln tons of oil and 4 bln cubic meters of gas

SOCAR produced 5 million tons of oil and 4 billion cubic meters of gas in January-August 2017, the company's president Rovnag Abdullayev said.

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In 2017, Gazpromneft plans to increase production of hydrocarbons by 3-4%

Gazpromneft plans to increase its hydrocarbon production by 3-4% in 2017 to 89.4 million tons of oil equivalent, said the first deputy general director of Gazpromneft Vadim Yakovlev at the Tyumen O

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The largest sea export shipment of oil: Gazpromneft sends it from the Badra field to the USA

Gazpromneft has made the largest sea shipment of oil for export in its history. This was announced by Gazpromneft's press centre on September 19, 2017.

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In 2006-2017 total gas production on Shah Deniz field reached 85 billion cubic meters - SOCAR

The total volume of gas production at the Shah Deniz field in 2006-2017 was 85 billion cubic meters, SOCAR president Rovnag Abdullayev said.

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