Oil & Gas Operators

Gazprom Neft Introduces Technological Start-Ups of Students and Young Scientists

Gazprom Neft has identified the finalists of the second stream of the accelerator of student projects “Industries“. The company will help implement dozens of initiatives of technology entrepreneurs who will have the opportunity to test and implement their developments in real production. Students and young scientists from all over Russia …

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Oil & Gas Operators

Gazprom Neft to Support Ideas of Talented Students and Technology Developers

Gazprom Neft’s Industrix accelerator has opened a call for applications from developers of solutions and technologies for the fuel and energy sector. The program’s finalists will have the opportunity to develop their ideas to the level of an industrial product, test them in production, and bring them to market. Gazprom …

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Oil & Gas Operators

Gazprom Confirms Letter on Mass Layoffs in Central Office

The company proposed to reduce the number of central office staff from 4,100 to 2,500 people, follows from a letter to the head of Gazprom. This letter is relevant, the company reported, but declined to comment on it. The letter with the proposal of the Deputy Chairman of the Management …

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Oil & Gas Operators

Dmitry Peskov Rules Out Cutting Off Energy Supplies

If something is cut off in one place, an alternative route appears in another, Peskov said. According to him, Russia will look for options to minimize the consequences of sanctions Russian presidential press secretary Dmitry Peskov, in response to new US sanctions against the oil sector, said that the routes …

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Oil & Gas Operators

MOL Signed Major Agreement in Azerbaijan to Develop Gas Reserves of the ACG Field

MOL Group and its Joint Venture (JV) partners signed commercial agreements for the development of gas reserves in Azerbaijan. After SOCAR and BP, MOL is the third largest shareholder in the giant ACG field, where non-associated gas reservoirs were identified beneath and above the producing oil reservoirs. The partners have …

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Oil & Gas Operators

Oil Resource Group Trader Will Create a Service “Daughter” in the Field of Oil and Gas Production

Oil Resource Group LLC (ORG), engaged in the fuel trade, will create a service “daughter“ that will provide services in the field of oil and natural gas production, the ORG said in a statement. The decision to create a new legal entity, which will be named Oil Resource Nefteservice LLC, …

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Oil & Gas Operators

Gazprom Neft Called for Further Expansion of the Tax Regime of the AIT

Gazprom Neft stands for further expansion of the additional income tax regime, this will improve the economics of oil production projects, the head of the company Alexander Dyukov told reporters on the sidelines of the WEF. “The AIT is an excellent tax tool that has already proven to be highly …

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Oil & Gas Operators

Kazakhstan Compensates for Overproduction of Oil at Kashagan

The Kazakh authorities intend to compensate for a significant amount of overproduction of oil during repairs at the Kashagan field in October. This was reported by the press service of the Ministry of Energy of Kazakhstan. “The government has denied information about the postponement of repairs at the Kashagan field. …

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Oil & Gas Operators

A New Gas Production Site Will Be Introduced in Kovykta

Glavgosexpertiza of Russia has issued a positive conclusion for the 13th stage of development of the unique Kovykta gas condensate field. It was put into pilot operation in 2022 and, along with the Chayandinsky field, serves as a resource base for the Power of Siberia gas pipeline and the Amur …

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Oil & Gas Operators

More than 60 Russian Organizations from Various Industries Have Been Involved in the Implementation of the Sakhalin-3 Project

Starting in 2026, underwater fountain fittings will be introduced at the field. More than 60 Russian organizations from various industries were involved in the implementation of the Sakhalin–3 project. This was stated by the head of the Ministry of Industry and Trade of Russia Anton Alikhanov in an interview with …

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