Oil and Gas

Azerbaijan financed over 70% of its stake in the Southern Gas Corridor

CJSC Southern Gas Corridor invested $8.4 billion in financing its equity participation in the project. This is reported by the company.

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Saudi Aramco and Rosneft discuss investments in Indian Essar

Saudi Aramco and Rosneft discuss joint investments in the Indian oil refining complex Essar.

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Gazprom to increase capacity of the Sakhalin-Khabarovsk-Vladivostok gas pipeline

Glavgosexpertiza (General Board of State Expert Review) of the Russian Federation approved a project for the construction of a new section of the gas pipeline that will run through the Komsomolsk,

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Canadian Genoil to help Rosneft in development of fields in Yakutia

Canadian oilfield services company Genoil (GNOLF) has entered into an agreement to develop five oil and gas fields in Yakutia with recoverable reserves of 1.8 billion barrels.

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Crimean authorities make plan of gas provision program for 2018-2022

In 2018, gas production in Crimea will remain at the level of 2017, but after 2019 it is expected to decline due to depletion of existing gas and gas condensate fields.

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Gazprom signs contract on cooperation on LNG project in Iran

Gazprom has signed an agreement on cooperation on LNG project in Iran, the Iranian agency Shana reports.

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The head of the Ministry of Internal Affairs of Ukraine proposed to impose sanctions against Tatneft

The Minister of Internal Affairs of Ukraine Arsen Avakov initiated the imposition of sanctions against the Russian oil company Tatneft.

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Tatneft’s shareholders approve payment of dividends for the first 9 months in the amount of 27.78 rubles per share

Shareholders of Tatneft have approved payment of dividends for the first 9 months in the amount of 27.78 rubles per share, it follows from the company's message.

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European partners of "Rosneft" are struck by the EU sanctions.

The restrictive measures of the European Union, affecting "Rosneft", caused economic damage to the company's European partners.

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Gazprom Export resumes gas supplies through Baumgarten

Gazprom Export fully meets demands of customers that receive gas through the Austrian Baumgarten (Lower Austria), where gas exploded on December 12, mass media report.

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