Oil & Gas Operators

The Russian Federation and the Bolivarian Republic of Venezuela have reached an agreement on cooperation in the exploration and development of new oil and natural gas fields. The text of the agreement on strategic partnership and cooperation between the two countries has been published on the official website of the …

The Russian Federation Plans to Extract Oil in the Islamic Republic of Afghanistan According to statements made by Nuriddin Azizi, Minister of Industry and Trade of the Islamic Republic of Afghanistan, and the Business Representative of the Russian Federation in Afghanistan, a Russian company has already begun geological exploration activities …

The People’s Republic of China Increased Oil Production by 1.2 Percent from January to April 2025 Between January and April 2025, the People’s Republic of China increased its crude oil production by 1.2 percentcompared to the same period in 2024, while natural gas production grew by 5.3 percent, according to …

The US Treasury Department has issued an indefinite license to provide oil services to the Caspian Pipeline Consortium (CPC) and Tengizchevroil, lifting previously imposed restrictions under sanctions against Russia. According to the published document, all transactions related to these projects are now permitted. Previously, there was a temporary permit that …

The organizing committee is proud to announce that Nedra Digital will participate in the 10th Anniversary KDR – Well Engineering Forum as a Gold Sponsor. The forum will take place on 18 September 2025 in Astana, bringing together leading industry experts to discuss innovations in drilling, completion, and production. Nedra …

In response to the growing global demand for rare earth elements, the State Corporation Turkmengeologiya is planning to increase the volume of geological exploration work in this area, according to a statement made on Thursday by the Head of the Corporation, Gurbanguly Garlyev. “In light of the increased global interest …

Chevron Corporation is considering the possibility of drilling an exploration well in the Walvis Basin, located off the coast of the Republic of Namibia, in the year 2026 or 2027, according to a report by Reuters, citing the American oil company. Chevron’s wholly owned subsidiary, Chevron Namibia Exploration Limited, is …

Companies must pay for subsoil use based on the actual value of the mineral deposits, as this will provide an incentive for them to develop the licensed sites. This statement was made by the Deputy Prime Minister of the Russian Federation, Dmitry Patrushev, during a meeting of the Board of …

The growth of recoverable reserves of Public Joint Stock Company Surgutneftegas fully offset its hydrocarbon production in the year 2024, and the company has the same target for 2025, according to Vyacheslav Chirkov, Chief Geologist of the company, who spoke at a meeting of the Board of the Federal Agency …

In the year 2024, Public Joint Stock Company Gazprom reported a net profit under International Financial Reporting Standards (IFRS) of 1.219 trillion Russian rubles, compared to a net loss of 629 billion Russian rubles in the previous year. Following the publication of its financial report, the company’s shares rose by …