Oil & Gas Operators

Rosneft, the Ufa State Petroleum Technological University (USPTU) and one of China’s leading universities, Tsinghua University, signed a cooperation agreement on personnel training during the III Russian-Chinese Energy Business Forum. Personnel training and development are priority tasks under the Rosneft-2022 strategy. The Company provides opportunities for its employees to continuously …

Rosneft and a number of Chinese companies signed agreements on cooperation in the field of procurement procedures at the 3rd Russian-Chinese Energy Business Forum. The main target of the model agreement is to develop long-term mutually beneficial cooperation and enable Chinese companies to participate in Rosneft’s procurement procedures for construction of …

Rosneft and the Chinese National Oil and Gas Corporation CNPC, within the framework of the III Russian-Chinese Energy Business Forum, signed a license agreement for the use of RN-GRID software – technologies for modeling and designing hydraulic fracturing (HF). Rosneft’s own development will help improve the efficiency of the development of …

During the III Russian-Chinese Energy Business Forum, Vostok Oil (Rosneft Group Subsidiary) and a number of Chinese companies signed a cooperation agreement to conduct the study of the wind energy potential of Vostok Oil Project. The study precedes the start of the work to design, construct and commission a wind …

Vienna, Austria, 1 December 2021 – The price of OPEC basket of thirteen crudes stood at $71.01 a barrel on Tuesday, compared with $74.20 the previous day, according to OPEC Secretariat calculations (view archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), …

Irkutsk Oil Company LLC took ninth place in the Eurasian rating of environmental transparency of oil and gas companies in 2021, which is held by the World Wildlife Fund ( WWF ) . In comparison with the 2020 rating, INC has moved up two positions. The project is organized with …

Vienna, Austria, 30 November 2021 – The price of OPEC basket of thirteen crudes stood at $74.20 a barrel on Monday, compared with $76.09 the previous Friday, according to OPEC Secretariat calculations (view archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), …

Arctic LNG 2 announced today the signing of loan agreements with international financial institutions and commercial banks. The maximum aggregate loan amount under the facilities to be provided by the Russian and international banks is EUR 9.5 billion for up to 15 years. The external financing package with a consortium …

Today PJSC Gazprom issued its unaudited consolidated interim condensed financial information prepared in accordance with International Accounting Standard 34 Interim Financial Reporting (IAS 34) for the nine months ended September 30, 2021. The table below presents the unaudited consolidated interim condensed statement of comprehensive income for the nine months ended September 30, 2021 and …

By the decree of the President of the Russian Federation, oil workers of OOO LUKOIL-Western Siberia (a 100% subsidiary of PAO LUKOIL) were awarded high state awards for their great contribution to the development of the country’s fuel and energy complex and many years of conscientious work. Vladislav Zubarev, General …