Russia Oil and Gas

Reuters: Russian oil companies want to change export contracts for protection from sanctions

Surgutneftegaz and Gazpromneft want to make changes to export contracts that will allow them to protect themselves from the consequences of possible US sanctions against the Russian oil and gas sec

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In January-September, Russian income from oil export grew by 37.7%, gas – by 31.3%

In January-September, Russia's revenues from oil exports increased by 37.7% compared to the corresponding period of 2017 to $94.056 billion, as it is reported by the Federal Customs Service.

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The largest Russian oil companies agree not to increase petrol prices

The Center of Real Economy problems research has updated data on structure of cost of one liter of motor fuel. Previously, the data available as of May 2018 were published.

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Novatek buys another site in Gydan

Novatek has continued to buy up oil and gas assets to maintain production which has fallen over the past two years.

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EU demands Serbia to reduce purchase of Russian gas

A Report of the Committee on Foreign Affairs of the European Parliament has stated that Serbia is allegedly heavily dependent on the supply of Russian gas.

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RN-Uvatneftegaz produces 1 mln tons of oil at the South-Gavrikovskoye field

RN-Uvatneftegaz, a subsidiary of Rosneft, has produced 1 million tons of crude oil at the South-Gavrikovskoye field.

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Gazpromneft’s Board of Directors to discuss recommendations on dividends for the first 9 months

On November 8, the Gazpromneft’s Board of Directors will discuss recommendations on the amount of dividends for the first nine months of 2018.

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Head of Ministry of Natural Resources debunk myths about depletion of oil and gas reserves in Russia

The head of the Ministry of Natural Resources, Dmitry Kobylkin, said that oil and gas reserves in Russia would not run out after the easily accessible reserves, difficult-to-recover oil and ga

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Novoportovskoye increases production. New technology allows "seeing" deposits under the ground.

At the Novoportovskoye field Gazpromneft-Yamal successfully drilled a horizontal well using proactive geosteering.

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Russia extends oil and gas cooperation with China

China is ready to increase bilateral investment cooperation with Russia in the oil and gas sector.

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