Russia Oil and Gas

Severneftegazprom starts supplementary exploration of Lower Cretaceous deposits at South-Russkoye field

On April 19 of 2014, Severneftegazprom started construction of new exploratory well within the project of supplementary exploration at South-Russkoye field in the Krasnoselkupsky district of the Yamal-Nenets autonomous district, the company reports.
The aim of the well construction is additional appraisal of gas, gas condensate and oil beds, discovered in Lower Cretaceous deposits of the central part of the field. The expected increase of the recoverable hydrocarbons reserves (C1) by results of the formation tests will make up over 8 million tons of oil equivalent.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Russia is not going to change the basis of supplies in gas contracts with Europe

Russia is not going to change the basis of supplies in long-term gas contracts of Gazprom with Europe and to sell gas at the board of Russia and the Ukraine, the Premier D. Medvedev says. The question on the suggestion to sell gas at the board of Russia and the Ukraine that could shift responsibility for deliveries to the European partners was asked by the deputy representing LDPR party. Apprehension about pauses in Russian gas transit via the Ukraine appeared after non-payment by the latter for gas supplied by Gazprom.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Kazakhstan expects simplification of oil export from the EvrasEU

Export of Kazakh oil through territory of countries-members of the Eurasian economic union (EvrasEU) will be simplified, the Trend reports, referring to statement of the Kazakh Vice Minister of Oil and Gas Magzum Mirzagaliev. – Creation of the Eurasian economic union will provide significant advantage to Kazakh oil companies. First of all, this will be extension of export opportunities.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Sibur-Chemprom can increase oxo-spirit production by 5,000 tons a year

Sibur-Chemprom can increase oxo-spirit production by 5,000 tons a year

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

RN-Yugansneftegaz operates 104 oil wells and 21 oilfield pipelines without causes

Carried out an inspection, environmental prosecutor's office of Yugra revealed that RN-Yugansneftegaz operated 104 oil wells and 21 oilfield pipelines without causes.
These facilities were attributed as dangerous production facilities.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Interregional distribution grid company of Siberia advances claim against Omsk refinery to the amount of 1.5 million rubles

Interregional distribution grid company of Siberia has applied to Commercial court of the Omsk region a lawsuit demanding debt repayment by Gazpromneft-Omsk refinery.
 
According to a service contract for electricity supply, the debt in October of 2013 was 572.83 thousand rubles.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Tatneft’s Board of Directors to discuss dividends for 2013 on April, 28

Tatneft’s Board of Directors will discuss size of dividends for 2013 and will assign day of annual meeting of the company’s shareholders at the meeting on April, 28, the company reports.
Tatneft calculates dividend payments on basis of the net profit under RAS.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

ChTPZ increased steel pipes supplies by 8%

In Q1, ChTPZ increased steel pipes supplies by 8% to 410,300 tons, including 238,300 tons of seamless pipes  (+1% to Q1 2013), and 172,000 tons of welded pipes (+15%). Growth is connected with enlargement in seamless pipes supplies to the CIS and far abroad market, and also supplies of seamless and large diameter pipes to the Russian market. Supplies to the internal market increased by 7.2% to 348,500 tons, and exports increased by 5.8% to 61,800 tons. The share of ChTPZ Group at the Russian market increased from 13.8% to14.7%.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Gazprom to buy 50% of South Stream Transport B.V.’s shares

Gazprom’s Board of Directors has approved decision on purchase of 205.99 thousand shares of Stream Transport B.V. (50% of the company’s authorized capital) for 212.57 million euro.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Rosneft’s Board of Directors to discuss dividends-2013

Rosneft’s Board of Directors will discuss distribution of its profit in 2013, size of dividends and will assign a day of annual meeting of its shareholders on April 28, the oil company reports.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
Telephone: +7 927 303 00 25

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer