Oil and Gas

In January-July, export of Azerbaijani gas from the Shah-Deniz field grew by 6.4%

In January-July of 2017, export of Azerbaijani gas within the stage-1 of the Shah-Deniz field development amounted to 4 426.4 million cubic meters, which is by 6.4% more than in the same period las

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In H1, Ukrtransgaz increased investments ion modernization of gas transportation system by 64%

In the first six months of 2017, Ukrtransgaz increased investments in the modernization of the Ukraine's gas transportation system by 64% to 2.321 billion hryvnias.

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Latvia continues to squeeze out Gazprom from Latvijas Gaze.

The Latvian gas monopoly, Latvijas Gaze, continues to squeeze out Gazprom and Rosneft from the company.

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Zarubezhneft puts its stake on Iran

Zarubezhneft as part of a consortium with Turkish Unit and Iranian Ghadir can invest $7 billion in production projects in Iran. Now, to maintain the production, the company needs new assets.

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YaNАD to remain the main gas producing region of Russia.

The Yamalo-Nenets Autonomous District will remain the main gas producing region of the country until 2025, 63 percent of Russia's reserves are concentrated here.

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SOCAR is reconstructing platform number 5 in shallow water in Gunashli for drilling additional 8 wells.

SOCAR intends to soon engage into drilling additional 8 production wells from offshore platform No.

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Tatneft and Oktyabrsky Packer create TAPART plant

Tatneft and Packer (Oktyabrsky, Bashkiria) will create a joint venture TAPART in the Yutazinsky district of Tatarstan.

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Gazprom recognizes reserves of Tambey fields

Gazprom starts formally recognizing the reserves of three deposits of the Tambey Group, which are now  being considered one giant field with a total reserve level of about 6 trillion cubic met

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In H1 2017 the net profit of SIBUR increases by 4%.

Within H1 2017 the net profit of the largest petrochemical holding SIBUR according to the International Financial Reporting Standards (IFRS) increased by 4% to 65.8 billion roubles compared to the

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In H1, Gazprom reduced export of LNG by 31%

In January-June 2017, the export of liquefied natural gas of Gazprom decreased by 30.92% compared to the previous year and amounted to 1.595 billion cubic meters, the company's quarterly report

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