Eurasia Journal News

Kirill Levin Appointed as General Director of Rosgeologiya

At an extraordinary general meeting of shareholders, Kirill Levin was appointed as the General Director of Rosgeologiya JSC. The team of the holding was introduced to him today by the Minister of Natural Resources and Environment of Russia, Alexander Kozlov, who chairs the Board of Directors of Rosgeologiya. Kirill Yuryevich …

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Eurasia Journal News

Investments in Geological Exploration in the Arctic Have Reached Nearly 175 Billion Russian Rubles

The combined investment from both the Russian state and subsoil users in geological exploration in the Arctic zone of the Russian Federation amounted to nearly 175 billion rubles in 2024, according to Alexander Kozlov, Minister of Natural Resources and Environment of the Russian Federation. He made the statement during a …

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Eurasia Journal News

The Ministry of Natural Resources of the Russian Federation Has Commented on the Profitability of Oil Reserves in the Country

Only 13 billion out of 31 billion metric tons of oil reserves in the Russian Federation are considered economically viable, while the majority are hard-to-recover reserves, and at the current production rate, the total reserves will last for 26 years, according to Alexander Kozlov, the Minister of Natural Resources and …

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Eurasia Journal News

The Ministry of Natural Resources Is Working on the “Continental Shelf” Project

The Ministry of Natural Resources of the Russian Federation is still deciding whether the Continental Shelf project will be a separate federal project or will be included in existing programs, Minister of Natural Resources and Ecology Alexander Kozlov told RIA Novosti at the Eastern Economic Forum. “We are currently working …

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Eurasia Journal News

Russia Refocuses Geological Exploration on Scarce Minerals

Russia is reorienting geological exploration to scarce types of minerals, the main task is to ensure the state’s raw material security, said the head of the Russian Ministry of Natural Resources, Alexander Kozlov. The minister congratulated geologists on their professional holiday and noted that they are always “among those who …

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Eurasia Journal News

Sergei Radkov Will Be Appointed Acting General Director Of Rosgeologia

At the same time, the head of the Russian Ministry of Natural Resources, Alexander Kozlov, noted that Sergei Gorkov, who has headed the holding since April 2019, will remain on the board. Deputy General Director of Rosgeologiya Sergei Radkov will be appointed acting head of the holding. This was announced …

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Eurasia Journal News

Russia will Help North Korea in Offshore Hydrocarbon Exploration

The Russian Ministry of Natural Resources has agreed on joint geological exploration at offshore hydrocarbon sites in North Korea and is discussing exploration for gold, iron and rare earth metals. The head of the Ministry of Natural Resources of the Russian Federation, Alexander Kozlov, took part in the intergovernmental commission …

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Eurasia Journal News

Government Proposes to Invest in Regional Geological Exploration

They can also simplify the sale of licenses for subsoil, but only for Russian companies. The Russian government has submitted to the State Duma amendments to the law of the Russian Federation “On Subsoil” of 1992. It is proposed to allow attraction of private investments in the regional stages of …

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Eurasia Journal News

Fields With Gas Reserves of 372 Billion Cubic Meters Will be Put Up for Auction in the Yamalo-Nenets Autonomous Okrug

These plans will be implemented over the next two years. Large gas fields of the Nurma group in the Yamalo-Nenets Autonomous District are planned to be put up for auction. Estimated trading dates are in 2023-2025. Plans for the sale of sites are specified in the licensing program for hydrocarbon …

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Eurasia Journal News

Gazprom: Alexander Kozlov and Vsevolod Cherepanov Re-Elected to Management Committee

The Gazprom Board of Directors held a meeting in absentia. The Gazprom Board of Directors reelected Gazprom Management Committee Deputy Chairman Alexander Kozlov(from March 18, 2015) and Department Head Vsevolod Cherepanov (from March 30, 2015) as the Gazprom Management Committee Members for a 5-year period.

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