Oil & Gas Operators

Opening of Order Book for Replacement of Gazprom’s Eurobonds of Series 29 with Russian Bonds

In line with the decision of PJSC Gazprom, Gazprom capital LLC will place an issue of Russian bonds replacing the Eurobonds of Gaz Capital S.A. of series 29 issued for the amount of USD 900 million (maturity date – February 6, 2028; ISIN: XS0885736925/US368266AT98). The only Eurobonds to be accepted for replacement are those the rights to which are recorded in Russian depositories. Gazprom will …

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Oil & Gas Operators

Alexander Novak Estimated Budget Revenues From the Oil and Gas Industry at 2.5 Trillion Rubles

Alexander Novak: exports of oil and gas products grew by 28% and brought the budget 2.5 trillion rubles. Last year, Russian budget revenues from the oil and gas industry grew by more than a quarter, and Russia also increased the export of oil and liquefied natural gas (LNG), Deputy Prime …

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Oil & Gas Operators

Wintershall Dea Will Exit Russia

The company explained its decision by the measures of the Russian government, which banned Gazprom from buying gas from a joint venture with Wintershall below a certain limit. The total loss from leaving the German company was estimated at € 5.3 billion The German oil and gas company Wintershall Dea, …

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Oil & Gas Operators

Petrosibir Production Report December 2022

Petrosibir’s total oil production during December 2022 amounted to 22,965 barrels, equivalent to 741 barrels per day. The table below summarises the average monthly / daily production in 2021 and per month in 2022, broken down by region.       2021 2022     Average Jan Feb Mar Apr …

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Oil & Gas Operators

Russia Produced 2% More Oil Last Year

But in 2023, oil production may fall by 7-8%. Russia in 2022 increased oil production by 2%, to almost 535 million tons. Almost all major oil companies have increased production. Writes about this “Kommersant” (Dmitry Kozlov). LUKOIL grew by 6% to 81 million tons. Surgutneftegaz, which became the third in …

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Oil & Gas Operators

Alexey Vashkevich: “Our Task is to Find a Zone of Monetization of Fundamental Science”

Aleksey Vashkevich, Director of Technology Development at Gazprom Neft, who also heads the company’s Science and Technology Center, told TASS in an interview why the oil and gas industry today has become the epicenter of the development of Russian science, how hydrocarbons can be generated in a matter of hours …

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Oil & Gas Operators

Petrosibir Production report for November 2022

Petrosibir’s total oil production during November 2022 amounted to 22,928 barrels, equivalent to 764 barrels per day. The table below summarises the average monthly / daily production in 2021 and per month in 2022, broken down by region.     2021 2022     Average Jan Feb Mar Apr May …

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Oil & Gas Operators

LUKOIL Becomes Leader of ESG-Indices

PJSC LUKOIL became one of the leaders of ESG-indices of Russian Union of Industrialists and Entrepreneurs (RSPP): Responsibility and Transparency and Sustainability Vector. The 2022 index participant list was compiled on the basis of RAEX-600 Top 100 rating of the largest Russian companies and the Moscow Exchange Index companies list. …

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Oil & Gas Operators

Alexey Miller and Kazakh Energy Minister Bolat Akchulakov Discuss Relevant Cooperation Issues

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Bolat Akchulakov, Minister of Energy of the Republic of Kazakhstan, took place today. The parties discussed relevant issues pertaining to their cooperation and potential avenues for its development. Source

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Oil & Gas Operators

Alexey Miller and Turkish President Recep Tayyip Erdogan Discuss Russian Gas Supplies and Creation of Gas Hub in Türkiye

A Gazprom delegation headed by Alexey Miller, Chairman of the Company’s Management Committee, paid a working visit to Türkiye. As part of the visit, Alexey Miller was welcomed to a meeting by the President Recep Tayyip Erdoğan in Istanbul, with the participation of Fatih Dönmez, Minister of Energy and Natural Resources. Matters pertaining to Russian gas supplies to Turkish consumers, as well as the prospects of creating a gas …

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