Russia Oil and Gas

In the first 3 quarters, YANOS reduced its net profit under RAS by 9.3%

Slavneft-Yaroslavnefteorgsintez (YANOS, Slavneft's refinery assets) reduced its net profit under RAS standards by 9.3% in the first three quarters of the current year.

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Putin: banned Exxon from working in the Russian Arctic, the USA did much harm to itself

US sanctions, which don’t allow ExxonMobil to implement projects in the Russian Arctic, mostly harm just the US economy.

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China completes the second thread of Mohe-Daqing oil pipeline

Official representatives of the state-owned oil and gas company of China CNPC have announced a full completion of welding operations on the second line of the Mohe-Daqing oil pipeline.

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Irkutsk Oil Company launches natural and associated petroleum gas preparation unit

The Irkutsk Oil Company has launched a unit for preparation of natural and associated petroleum gas at the Yarakta oil and gas condensate field.

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In 2018, Gazpromneft and Repsol to drill exploratory well at the Ouryinskoye field

Eurotek-Yugra, a joint venture of Gazpromneft and Spanish company Repsol, will drill an exploratory well at the Ouryinskoye deposit in the Khanty-Mansiysk autonomous district in 2018, the Gazpromne

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In the first 9 months, Rosneft increased volume of operation drilling by 26%

In January-September 2017, Rosneft increased the volume of production drilling by 26% compared to the same period of the previous year to 8.8 million meters, the company reports.

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French Government: new US sanctions against Russian energy sector are illegal

The expansion of restrictive measures with regard to the Russian energy sector by the USA has raised questions about the European energy policy.

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In the first 9 months, Eurasia drilling company’s profit under RAS grew by 10.7%

In January-September 2017, the net profit of drilling company Eurasia, a Russian subsidiary of Eurasia Drilling, increased by 10.7% under RAS compared to the same period of the previous year to 7.2

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The export of Gazprom to Europe is ahead of the market.

The largest European gas supplier in the EU - the Russian concern Gazprom, which occupies a third t of the market - is actively increasing the volumes of supplies of the "blue" fuel,

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Preparation for creation of the second stage of the Ashalchinskoye field starts in the Cheremshansky district

In the Cheremshansky district, the development of a land surveying and land planning project for the Tatneft’s project within the second stage of wells development at the Ashalchinskoye oil f

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