Russia Oil and Gas

Gazprom asks Government for money for two giant projects in the Baltic Sea

Gazprom’s head Alexei Miller has asked the Government to support projects of a giant gas processing and liquefaction complex and the country's largest gas chemical complex, which are supp

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Oil companies don’t want to spend money on environmental impact assessment

As it has become known to the Kommersant, the largest oil companies ask the Government to extend a transition period, exempting them from state ecological expertise of "thousands" of faci

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Gazprom Neft improves environmental monitoring system in Orenburg region

Gazpromneft-Orenburg is expanding its environmental monitoring system with the help of the latest environmental monitoring stations and modern mobile laboratories.

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SIBUR completes commissioning at ZapSibNeftekhim's pyrolysis plant

Nine pyrolysis furnaces are located on the territory of the complex, eight of them will be operating and one will be in reserve.

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In the first half of the year, Yamal LNG reached record revenues

In the first six months of the year, Yamal LNG increased its revenue under IAS 3.4 times to 150.5 billion rubles. The operating expenses rose 5.4 imes to 78.4 billion rubles.

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In H1 2019 Yamal LNG receives net profit of 135.6 billion rubles under IFRS

In H1 2019 Yamal LNG received a net profit of 135.6 billion rubles compared to a loss of 73.1 billion rubles in the same period last year, the company said in its IFRS report.

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Nord Stream 2 AG continues to pressure Denmark

Nord Stream 2 AG has warned the Danish Energy Agency (DEA) that delaying a decision to it build the  Nord Stream-2 pipeline could delay its launch and lead to losses.

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Gazprom Neft receives two licenses for exploration in Taimyr

Gazprom Neft received two licenses for the right to use subsoil for geological exploration. The plots are located in the west of the Taimyr Peninsula, the company told TASS.

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Gazprom Neft to conduct seismic exploration in Sea of ​​Okhotsk using domestic ocean bottom stations

For the first time in Russia, Gazprom Neft began to use the domestic autonomous ocean bottom stations CRAB.

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Russian Ministry of Energy comments on oil prices

The decline in oil prices is connected with growing uncertainty on the global market, which, in turn, is caused by trade wars.

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