Oil & Gas Operators

Capital Investments of Russian Vertically Integrated Oil Companies in Oil Production Increased by 0.8% to 1.93 Trillion Rubles in 2025

Capital investments of vertically integrated companies in oil production increased in 2025 by 0.8% to 1.93 trillion rubles. This is stated in a presentation by Russian Energy Minister Sergey Tsivilev, prepared for the ministry’s board meeting.

Oil and condensate production in Russia decreased by 0.9% compared to 2024, to 511.5 million tonnes. The depth of oil refining increased by 0.2 percentage points to 84.2%, while the output of light petroleum products rose by 0.4 percentage points to 65.8 million tonnes. Shipments of motor gasoline to the domestic market increased by 0.5%, from 38.8 million tonnes to 39 million tonnes. The share of K5 class gasoline and diesel fuel reached 95% by the end of 2025.

The increase in oil reserves exceeded the level of 2024 and amounted to 640 million tonnes. In 2025, 36 new hydrocarbon fields were discovered in Russia. The number of producing oil wells increased by 2.8% to 198.2 thousand units, the ministry reported.

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