Russia Oil and Gas

Media: US sanctions will gradually force Russian energy companies out of the market

US sanctions imposed against Russia, over time, will force out the Russian companies from energy market, the journalist of the Swiss edition Neue Zürcher Zeitung, Christian Steiner, is sure.

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Russian Fuel and Energy Complex is dependent from imported technologies

Investment programs of the Russian Fuel and Energy Complex’s companies should be revised in terms of import substitution.

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In 2018 LUKOIL to supply Uralkali with more than 20 thousand tons of oils and lubricants

LUKOIL won a new tender for the supply of lubricants for Uralkali's enterprises. LLK-International, a subsidiary of LUKOIL, reported this on August 3, 2018.

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In the first 7 months, Tatneft increased oil production to 16.8 mln tons

In July, enterprises of Tatneft Group produced 2511 thousand tons of oil, in the first seven months – 16795 thousand tons (+17.6% to June).

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The objects of the Russian fuel and energy complex are not sufficiently protected

In addition, their wear and tear is very high.

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Geologists to study prospects of oil-and-gas content of western part of the Bering Sea

Rosgeologiya studies structure of sedimentary basins in the western part of the Bering Sea. The goal is to assess the prospects of their oil and gas potential.

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Russia increased LNG export almost two times

Since the beginning of the year, the supply of Russian liquefied gas abroad has increased (compared to January-July 2017) by 48% and reached 13.16 billion cubic meters.

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In H1, Gazpromneft’s net profit under RAS fell 1.8 times

In the first six months of 2018, the net profit of Gazpromneft under RAS decreased 1.8 times year-on-year and amounted to 85.52 billion rubles. Gazpromneft reported this on August 2, 2018.

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Rosgeologiya to study promising for hydrocarbons Nakynskaya area in Yakutia

Rosgeologiya will conduct geophysical work at the Nakynskaya area in the Republic of Sakha (Yakutia). This was reported by the press centre of the holding company.

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Rosneft increases production within OPEC+ decision to level of October 2016

By the beginning of July, Rosneft increased production of oil and condensate in the framework of the OPEC+ decision to the level of October 2016.

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