Russia Oil and Gas

Vladimir Chizhov: construction of new gas pipelines to hardly stop Ukrainian transit

The construction of the Nord Stream-2 and Turkish Stream gas pipelines will not necessarily lead to a complete cessation of the transit of Russian gas through the Ukraine.

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Since the beginning of the year, Gazprom increased gas production by 19.8% to 283.8 bln cubic meters

In the period from January 1 to August 15, 2017, Gazprom increased gas production by 19.8% compared to the same period last year to 283.8 billion cubic meters, the gas holding company reports.

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This year, topic of gas transportation tariffs indexation is closed

The topic of indexation of tariffs for gas transportation for independent producers has been finally closed.

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In June, Russia again was ahead of Saudi Arabia in oil production

In June, Russia again outstripped Saudi Arabia in terms of oil production, it produced an average of 10.323 million barrels per day.

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Igor Artemyev: Deal of Schlumberger and EDC requires the guarantee of the USA

To conclude a deal on the purchase of a stake in the Russian oil service company Eurasia Drilling (EDC) by Schlumberger, we need a guarantee from the US Government, as sanctions hamper the deal.

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Gazprom increases supplies to Europe more quickly than its competitors

Gazprom confidently goes to a new absolute export record - according to the Kommersant's information, the monopoly expects to export 185 billion cubic meters of gas abroad by the end of the yea

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Transneft resumes oil shipment from Novorossiysk port

Transneft resumed shipment of oil for export in the port of Novorossiysk, interrupted the day before by a thunderstorm, official representative of the company Igor Demin said.

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In H1, Lukoil reduced oil production by 6.8% to 43.6 mln tons

In the first six months of 2017, Lukoil increased its hydrocarbon production by 1.5% to 2.217 million barrels of oil equivalent per day, oil production fell by 6.8% compared to the same period last

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Rosneft did not comment on Ulyukayev's accusations of provoking bribe

Rosneft will not comment on the statement made by the former Minister of Economic Development Alexei Ulyukayev in court today about the personal involvement of Igor Sechin, the head of the company,

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In 2017 Gazprom plans to spend 46.6 billion rubles to build LNG terminal in Vysotsk

"The cost of the complex is 127 billion rubles. In 2017, Gazprom plans to spend 46.6 billion rubles on it," TASS writes.

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