Russia & FSU
News
March 20, 2019
Block Energy Plc, the exploration and production company focused on the Republic of Georgia, is pleased to report that Total Drilled Depth ('TDD') has been reached at well 16a ('16a' or 'the well') at its West Rustavi field after the successful completion of horizontal sidetracking operations.
News
March 18, 2019
Gazprom Neft has concluded a tripartite Cooperation Agreement with Politecnico di Torino and the Peter the Great St. Petersburg Polytechnic University (Polytech) — the signatories to this document being Vladislav Baryshnikov, deputy CEO for international business development, Gazprom Neft; Vitaly Sergeev, vice-rector for research, the Peter the Great Polytechnic University; and Patrizia Lombardi, pro-rector, Politecnico di Torino.
News
March 14, 2019
Lukoil has reached another milestone with 10 million tonnes of oil supplied from its Vladimir Filanovsky field to the Caspian Pipeline Consortium (CPC) system.
News
March 11, 2019
Oil Gas Systems, LLC - a subsidiary of DTEK Oil & Gas - has purchased the special permit for subsurface exploration of the Svitankovo-Lohivskyi license site in eastern Ukraine for UAH 85 million ($3.17 million) at open auction.
News
March 07, 2019
During a meeting between Alexey Miller, Gazprom Management Committee, and Rainer Seele, chairman, OMV, the parties reviewed current issues related to the growth of natural gas exports to Austria.
News
March 05, 2019
Just as Venezuelan state-run oil company PDVSA was running out of an obscure product needed to thin out its crude and keep exports flowing in the wake of U.S. sanctions, Russia is coming to the rescue.
News
March 03, 2019
Russia’s oil producers cut their output deeper in February as the nation strives to implement an agreement with OPEC following criticism that it was moving too slowly.
News
February 27, 2019
The Gazprom Board of Directors expressed approval of the Company’s ongoing occupational, industrial and fire safety efforts and environmental protection measures.
News
February 26, 2019
Block Energy Plc, the exploration and production company focused on the Republic of Georgia, is pleased to announce it has secured an agreement (the Agreement) with Georgian Oil and Gas Limited (GOG) to increase its working interest (WI) in the West Rustavi licence (West Rustavi or the License) to 100% from the current 25%.
News
February 25, 2019
Liebherr's maritime customer service is carrying out an extraordinary modernization project on Sakhalin Energy’s Molikpaq offshore platform off the Russian island of Sakhalin.
News
February 19, 2019
Lukoil (hereinafter the company) announces the results of the reserves assessment and independent audit as of Dec. 31, 2018.
News
February 18, 2019
The scientist who built the most prominent Cold War energy advisory said the U.S. and Russia should set aside their fight over natural gas markets and focus on slashing fossil fuel pollution more quickly.
News
February 18, 2019
Global drilling and engineering contractor KCA Deutag has announced that its land drilling operation has won new contracts and contract extensions worth approximately $110 million. These contracts are for onshore drilling in the Middle East, Russia and Africa.
News
February 17, 2019
The stage has been set for a European natural gas price war that will help boost demand and enable both Russia and the U.S. to increase sales to the region.
News
February 17, 2019
Alexey Miller, chairman of the Gazprom management committee, and Yan Novikov, chairman of the management board, director general of the Almaz-Antey Corporation, at the Russian Investment Forum in Sochi signed a long-term contract for the supply of import-substituting products in the amount equal to guaranteed future purchases.
News
February 15, 2019
New Russia sanctions proposed by members of the U.S. Congress could hinder the development of natural gas export pipelines.
News
February 12, 2019
Dutch offshore service provider Ampelmann has opened a new office in Sakhalin, Russia, in a move to expand its presence in the local market.
News
February 08, 2019
In a last-minute announcement, France agreed to back a European Union proposal creating hurdles for a controversial natural-gas pipeline, rejecting an appeal by German Chancellor Angela Merkel’s government.
News
February 04, 2019
Russia’s crude producers removed their first 42,000 bpd from the market in January under the OPEC+ output-cut agreement.
News
February 01, 2019
OPEC crude output fell the most in two years last month as the group implemented almost 80% of its new production cuts deal.
