Rosneft Improves the Accuracy of Oil Production Forecasts
Specialists from the Rosneft Scientific Institute in Ufa have improved the search for promising areas of oil-bearing rocks in Western Siberia. The new approach makes it possible to identify the most priority areas for drilling in difficult geological conditions typical of the Bazhenov formation*. The specialists analyzed an expanded set …
Alexander Novak: Oil Production in Russia in 2025 Will Decrease to 515-520 Million Tons
The volume of oil production in Russia in 2025 is projected at 515-520 million tons. This was announced to journalists by Russian Deputy Prime Minister Alexander Novak. “Around 515-520 million tons,“ he said, answering a question about the forecast for oil production this year. By the end of 2024, oil …
Gazprom Neft Is Ready to Increase Oil Production If Instructed By the Ministry of Energy
Gazprom Neft is ready to increase oil production if the relevant order is received from the Ministry of Energy, Alexander Dyukov, the head of the company, told reporters on the sidelines of the Russian Union of Industrialists and Entrepreneurs congress. “If the Ministry of Energy informs us about the corresponding …
Alexander Novak: Western Companies Can Return Only If It Is Beneficial for Russia
Western oil and gas companies can return only if it is beneficial to Russia, if they bring something new to the industry and do not harm Russian companies. This was stated to journalists by Deputy Prime Minister Alexander Novak on the sidelines of the congress of the Russian Union of …
A Training Center for Oilmen Has Been Opened in Orenburg
Gazpromneft–Orenburg will also teach students of specialized colleges there. Gazpromneft–Orenburg has opened a new training center for practicing practical skills in 12 oil and gas specialties. The new site will be used to improve the skills of the company’s employees and train students of specialized regional colleges. The Devon News …
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 …
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 …
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 …
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 …
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 …