Oil and Gas, Wintershall

JV of Gazprom and Wintershall increased gas extraction by 30% in 2016

Achimgas –a JV of Gazprom and Wintershall – in 2016 increased gas extraction by 30% to 6 bln cubic m, Wintershall reports.

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Wintershall is confident that Poland is not able to scuttle Nord Stream 2.

Poland will not be able to disrupt the project "Nord Stream 2". This was reported by Wintershall board member Tilo Wieland.

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Wintershall makes loses on exchange rate

The strategic decision of Wintershall - now the key partner of Gazprom in Europe - to exchange assets with the Russian monopoly has led to the drop in the financial performances of the German energ

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"Novatek" may be interested in buying a stake in South-Russkoye field from Uniper.

"Novatek" might be interested in acquiring a stake in the South Russkoye field from the German Uniper, which owns 25% in the field, a source familiar with the situation told "Interfa

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Partnership on the separation of export revenues.

European companies will have a share in the margins of "Gazprom".

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Foreign partners of "Gazprom" are moving to St. Petersburg.

Wintershall changes the location of the Russian office.

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Wintershall to transfer Russian office from Moscow to St.Petersburg

Wintershall (oil and gas division of German concern BASF) has decided to transfer its Russian representative office from Moscow to St. Petersburg.

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In the first 9 months, joint venture of Gazprom and Wintershall reduced its net profit by 1.7%

In the first nine months of 2016, the net profit of Achimgaz - a joint venture Gazprom and German Wintershall - declined compared to the same period in the previous year by 1.7% and amounted to 13.

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The "North Stream - 2" project to be implemented according to the schedule - the board of Gazprom.

At the end of December last year the board of Gazprom, the largest energy company in the world, has welcomed the progress of work on the project of the "Nord Stream – 2" pipeline, w

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Opal is filled with hope.

The RF Ministry of Energy expects to issue a decision on the pipeline at the end of the month.

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