Oil

Gazpromneft-Yamal develops 6 productive layers at Novoportovskoye field

9.9 million tons of oil equivalent have been produced the Novoportovskoye field of Gazpromneft-Yamal.

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Transneft plans to start buyback of shares in 2019

Transneft plans to launch a buyback program in 2019, the head of the company Nikolay Tokarev told reporters.

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Gazpromneft: participants of OPEC+ deal must agree to compromise

The head of Gazpromneft Alexander Dyukov is confident that parties to the OPEC+ agreement to reduce oil production should agree to “some” reduction in the oil production in order to bal

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Novak: for Russia, it’s more difficult to reduce production than for other countries

In Russia, it is more difficult to reduce oil production than in other countries because of geological features and climatic conditions.

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BP to continue investing in projects in Azerbaijan

The company is pleased with implementation of projects in Azerbaijan, for which it is an operator. This was stated by the BP regional president for Azerbaijan, Georgia and Turkey Gary Jones.

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ExxonMobil and Chevron think about withdrawal from Azeri-Chirag-Gunashli project in Azerbaijan

ExxonMobil and Chevron have planned to sell their shares in the Azeri-Chirag-Gunashli block in the Azerbaijani sector of the Caspian Sea.

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The Perm Rosprirodnadzor asks to deprive LUKOIL-Perm of a license for the Polaznenskoye field.

Oily groundwater in the field has been flowing since the 1970s, the company informs.

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Tatneft Consolidates Oil and Gas Processing.

The Elkhovsk Oil Refining Administration, which recently became part of Tatneftegazpererabotka (UTNGP), will supply the latter with straight-run petrol.

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Bashkir Department on Subsoil Usage to put up sites with oil and gas reserves for auction

In Bashkiria, eight subsoil sites with oil and gas reserves will be put up for auction. The permit will be issued for 25 years.

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FAS to evaluate transshipment in Varandey

The regulator initiated a case against LUKOIL after complaints by Bashneft.

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