Russia Oil and Gas

Gazpromneft increased rational use of APG at its second large asset to 98.8%

Gazpromneft-Muravlenko (a part of Gazpromneft) increased the level of rational use of associated petroleum gas to 98.8% in the first six months of the year, the company informs.

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In Q2, Novatek increased its capital costs by 33.2%

In the second quarter of 2017, Novatek increased its capital expenditures by 33.2% to 9.34 billion rubles. This follows from the company's report for the second quarter under IAS.

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The Trade Mission of Russia and the United States agree on cooperation between oil and gas universities.

The Russian Trade Mission and the largest US university for the training of personnel in the oil and gas industry Rice (Houston) signed a memorandum the trade representative of the Russian Federati

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Lukoil produces the 7-millionth ton of polyethylene at Stavrolen

The largest petrochemical complex of Lukoil Stavrolen produced the 7-millionth ton of polyethylene. This was reported by Lukoil on July 26, 2017.

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Germany delays 5 projects to connect "Nord Stream-2" to the national gas transmission network.

The Federal Network Agency of Germany did not include five projects within the framework of the expansion of Nord Stream into the development of the national gas transportation network until 2026 d

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Gazpromneft completes drilling and testing the 1st production well at the West-Chatylkinskoye field

Gazpromneft-Noyabrskneftegaz, a subsidiary of Gazpromneft, has completed the drilling and testing of the first production well at the West-Chatylkinskoye field, located in the Krasnoselkupsky distr

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EU Council to discuss EC mandate on Nord Stream-2 in autumn

The Energy Working Group of the Council of the European Union will continue to discuss the possibility of giving the European Commission the right to hold negotiations with the Russian side on crea

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Russia becomes the largest supplier of oil to China fourth consecutive month

According to the data of the Main Customs Administration, in June Russia for the fourth consecutive month became the largest supplier of crude oil to China - this is the longest period on the top l

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In H1, Lukoil doubled its net profit under RAS

In the first half of 2017, the net profit of Lukoil under RAS increased 2.1 times compared to the first half of 2016 and amounted to 115.607 billion rubles.

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Transneft-Privolga completes repairs on two main oil pipelines

Transneft-Privolga completed the scheduled repairs on the main oil pipelines Kuibyshev-Lisichansk and Nizhnevartovsk-Kurgan-Kuibyshev. This is reported on the company's website.

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