Gazprom

Talks about a possible asset swap deal between Royal Dutch Shell and Gazprom have been suspended, Kommersant business daily reported on Wednesday, citing Cederic Cremers, head of Shell’s business in Russia. The memorandum on the possible asset swap was signed in 2015 and was seen as a coup for Gazprom …

The award ceremony for the 2018 edition of Gazprom’s Science and Technology Prize took place at the meeting of the Company’s Management Committee. The paper entitled “Creating and adopting innovative methods of tight gas development to increase cost efficiency of production” by Severneftegazprom won the top prize at the contest. The paper describes the results of implementing a set of adjusted design and …

The Gazprom Management Committee took note of the information about the Company’s preliminary operating results for 2018 and the projected investment program and budget (financial plan) for 2020–2021. The Management Committee also approved the draft investment program and budget (financial plan) for 2019. Pursuant to the draft investment program for 2019, the overall amount of investments …

Alexey Miller, Chairman of the Gazprom Management Committee, and Alexey Mordashov, Chairman of the Board of Directors of Severstal, today signed in Moscow a Technology Roadmap to launch the production of large-diameter pipes (LDPs) of K80 strength class. It is planned that by 2023 Severstal will become the first company in Russia to design and start producing electric-welded longitudinal steel LDPs and fittings for …

The Gazprom Board of Directors took note of the information about the impacts of the events of 2018 on the long-term outlook for the global energy market. It was highlighted that the growth in natural gas consumption around the world continued unabated. In 2016–2017, it added more than 3 per cent on a yearly basis. The growth rate for 2018 may be even higher. One of the …

The Gazprom Board of Directors took note of the information about the prospects of the shale gas and liquefied natural gas (LNG) sectors around the world, as well as the opportunities and threats facing the Company. It was highlighted that, as in the past, shale gas production was concentrated almost entirely in the United States. However, there is still a high level of uncertainty …

Gazprom is the top spender among all oil and gas companies in the Former Soviet Union (FSU), in terms of new build capital expenditure (capex) to be spent on planned and announced projects across the oil and gas value chain during 2018–2025, according to leading data and analytics company GlobalData. …

Gazprom and China Petrochemical Corp (Sinopec) are the top spenders among global oil and gas companies, in terms of new build capital expenditure (capex) to be spent on planned and announced projects across the oil and gas value chain during 2018–2025, according to leading data and analytics company GlobalData. The …

Azerbaijan’s state oil company SOCAR is in talks with Russia’s Rosneft, Gazprom and Novatek over the development of an oil field in Russia, SOCAR Vice President Elshad Nasirov told reporters Nov. 1 in Minsk, Reuters reported. Nasirov also said that SOCAR had proposed extending its gas contract with Gazprom to …

The Gazprom Board of Directors approved the revised investment program and budget (financial plan) for 2018. The key figures of the investment program did not change compared to the version approved by the Gazprom Management Committee in September this year. Pursuant to the revised investment program for 2018, the overall amount of investments will stand at RUB 1,496.328 billion, which is RUB 217.498 …