Mikhail Putin Reelected as Gazprom Management Committee Member
The Gazprom Board of Directors held a meeting in absentia. The Board of Directors reelected Mikhail Putin, Deputy Chairman of the Gazprom Management Committee, as a Member of the Gazprom Management Committee for a 5-year period starting from March 23, 2023. Source
United States Oil Production is Expected to Rise in Large Oil and Gas Regions of the Country in March
Oil production in the main oil and gas producing regions of the United States, in which a significant part of the production is shale oil, will rise in March compared to the current month by 75 thousand barrels per day, or 0.8%, to 9.357 million barrels, the Energy Information Administration …
Gazprom Neft and Rosmorport Expand Cooperation on the Decarbonization of Shipping
Gazprom Neft and Rosmorport have entered into a long-term agreement to expand the use of low-carbon marine fuels in the Baltic Sea. The partnership between the two companies provides for regular refueling with liquefied natural gas (LNG) of ships on the St. Petersburg-Kaliningrad ferry line. For the supply of environmentally …
LUKOIL Will Increase Oil Production by 10 Times at a New Site in the Perm Territory
This will be possible thanks to a dense grid of wells and developed infrastructure. LUKOIL-Perm commissioned 4 wells at the Gavrinsky block with a total flow rate of 60 tons of oil per day. The initial recoverable reserves of the recently discovered field in the Kuedinsky district of the Perm …
Gazprom delegation visits Turkmenistan
A Gazprom delegation headed by Alexey Miller, Chairman of the Company’s Management Committee, paid a working visit to Turkmenistan today. Working meetings of Alexey Miller with Serdar Berdimuhamedov, President of Turkmenistan, and Gurbanguly Berdimuhamedov, Chairman of the People’s Council (Khalk Maslakhaty) of Turkmenistan, were held in Ashgabat as part of the visit. The meetings addressed the current and prospective cooperation in the gas …
Rosneft has developed a digital model of Sibneftegaz fields
Specialists of Sibneftegaz JSC, which is part of the Rosneft gas production complex, have developed and implemented an analytical digital twin of all the company’s fields. The program calculates the production forecast and simplifies monitoring of well operation, including for clarifying telemetry data*. The digital twin contains information about the …
Petrosibir Production report January 2023
Petrosibir’s total oil production during January 2023 amounted to 23,088 barrels, equivalent to 745 barrels per day. The table below summarises the average monthly / daily production in 2023 and per month in 2022, broken down by region. 2022 2023 Average Dec Jan Total production Bashkiria 6 683 5 940 …
Over 500 Startups Applied to Participate in the Second Stream of the Gazprom Neft Accelerator INDUSTRIX
Gazprom Neft has completed accepting applications for the second round of the INDUSTRIX upstream accelerator. The finalists of the program will receive expert and business support from the company, as well as be able to implement their developments in industry and apply for venture financing. Entrepreneurs from Russia, Kazakhstan, Belarus …
Gazprom Wants to Speed up Work on the Mineral Audit System
Gazprom expects that the system of sovereign audit of mineral reserves in Russia will be created before the end of 2024, proposes to amend the Subsoil Law at the next spring session, Sergey Menshikov, member of the board, head of department 307 of Gazprom, said during the meeting State Duma …
BP Revised Volumes of Oil and Gas Production Cuts
British BP has decided to increase investment in oil and gas projects and, as a result, reduce oil and gas production less than in 2019 – by 25% instead of 40%, planned earlier, by 2030, the company says. “BP expects oil and gas production to be around 2.3 million barrels …