
Alexey Miller and Francois Fillon Discuss Development Prospects of Europe’s Energy Market
Alexey Miller, Chairman of the Gazprom Management Committee, and Francois Fillon, French politician, discussed today at the St. Petersburg International Economic Forum 2021 the development trends and prospects of Europe’s energy market. The parties noted the essential role of natural gas in ensuring the reliable and well-balanced operation of Europe’s energy system. It was also emphasized that expanded use of natural gas …

OPEC, Russia Seen Gaining more Power with Shell Dutch Ruling
Climate activists who scored big against Western majors last week had some unlikely cheerleaders in the oil capitals of Saudi Arabia, Abu Dhabi and Russia. Defeats in the courtroom and boardroom mean Royal Dutch Shell (RDSa.L), ExxonMobil (XOM.N) and Chevron (CVX.N) are all under pressure to cut carbon emissions faster. That’s good news for the …

Gazprom’s Financial Information Under International Financial Reporting Standards (IFRS) for the Three Months Ended March 31, 2021
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 three months ended March 31, 2021. The table below presents the unaudited consolidated interim condensed statement of comprehensive income for the three months ended March 31, 2021 and …

TATNEFT Is Ranking No. 1 in Russia in Terms of the Patents Possessed
The Company has become a leader in Russia in terms of registered patents number for inventions and utility models. According to Rospatent, TATNEFT obtained 281 patents in 2020, which allowed our Company to head the top three leaders (PJSC TATNEFT (281), State Corporation Rosatom (210), PJSC Gazprom (191)). Every 126 …

Gazprom Neft Develops Projects Based on Long-term Risky Operator Agreements
The Gazprom Neft Board of Directors reviewed information on the progress of the company’s projects under long-term risk operator agreements at the fields of PJSC Gazprom and the tasks for their implementation in 2021-2022. Development of oil rims, Neocomian-Jurassic gas and gas condensate deposits, licensed by Gazprom and its subsidiaries – …

The Gazprom Group’s Sustainable Development Policy was Approved
PJSC Gazprom’s Board of Directors approved the Gazprom Group’s Sustainable Development Policy. The document consolidates the Group’s mission in this area – to make a positive contribution to the social and economic development of the Russian Federation and other regions of the company’s presence, following the principles of environmental and social responsibility. …

Severneftegazprom: Five Billion Cubic Metres Turonian Gas Produced
Severneftegazprom, a joint venture of Wintershall Dea, Gazprom, and OMV, is successfully advancing the development of the hard-to-recover Turonian deposits of the Yuzhno-Russkoye oil, gas and condensate field in Western Siberia. In April 2021, the company reached an important milestone: five billion cubic metres of Turonian gas produced since the …

Gazprom’s Financial Statements Under International Financial Reporting Standards (IFRS) for 2020
Today PJSC Gazprom issued its audited consolidated financial statements prepared in accordance with International Financial Reporting Standards for the year ended December 31, 2020. The table below presents the main items of the consolidated statement of comprehensive income prepared in accordance with IFRS for the years ended December 31, 2020 and December 31, 2019. All …

Gazprom Continuing to Develop and Implement Innovative Projects
The Gazprom Board of Directors took note of the information about the effect achieved as a result of the utilization of the funds allocated for scientific research, experimental development, and technological works (R&D activities), as well as about the approval of the overall key performance indicator of innovative activities for 2021, and approved the 2020 Report on the implementation of Gazprom’s Innovative Development Program until 2025. …

Gazprom to Continue Pursuing Priorities in Natural Gas-Based Hydrogen Energy Development
The Gazprom Board of Directors took note of the information about hydrogen production and utilization, as well as exports of hydrogen and methane-hydrogen mixtures with the use of the existing gas infrastructure. It was highlighted that in recent times many countries are viewing hydrogen energy as an area essential for the implementation of national low-carbon development strategies. However, hydrogen is a secondary energy source, i.e. …