The Increase In Gazprom Reserves Exceeded Production For The Nineteenth Year In A Row
The increase in Gazprom’s reserves in 2023 again exceeded production volumes; the reserve replacement rate has been above one for the 19th year in a row, the company notes. Exact figures on the increase in reserves, as well as on production indicators, are not given in the message. The largest …
Russia Noted An Increase in Oil and Condensate Reserves in The Arctic Zone
No new hydrocarbon deposits were discovered in the Arctic zone in 2023, but the increase in recoverable reserves at existing fields in this region amounted to 13.4 million tons of oil and condensate and 60.6 billion cubic meters of gas, the head of the State Reserves Commission (SRC) Igor Shpurov …
The Kremlin Did Not See the Seizure of Assets in The Decision on The Shares of Wintershall and OMV
The day before, President Vladimir Putin signed decrees depriving Wintershall and OMV of shares in two joint ventures with Gazprom. “There was and is no process of seizure,” says press secretary of the head of state Dmitry Peskov. The decrees of President Vladimir Putin, depriving Wintershall and OMV of shares …
Gazprom Expects Increased Investment in Hydrocarbon Production in the World
Gazprom predicts an increase in the volume of investments in the exploration and production of hydrocarbons in the world by the end of the year, and for the first time since 2019 it will exceed $500 billion, said the deputy head of the department – the head of the company’s …
Vladimir Putin Ordered to Deprive Wintershall and OMV of a Stake in Russian Assets
Putin signed decrees depriving Wintershall and OMV of their shares in two joint ventures with Gazprom. Putin ordered the creation of an LLC to manage the Yuzhno-Russkoye and sections of the Achimov deposits of the Urengoy oil and gas condensate field; SOGAZ and Gas Technologies are offered to acquire shares …
Gazprom Board of Directors Approves Investment Program and Budget For 2024
The Gazprom Board of Directors took note of the information about the Company’s preliminary operating results for 2023 and the projected investment program and budget (financial plan) for 2025–2026. The Board of Directors approved the investment program and budget (financial plan) of Gazprom for 2024. The figures of the investment program did not change compared to the version endorsed …
Gazprom and CNPC Discuss Joint Work Planned for 2024
The meeting of the Joint Coordinating Committee (JCC) of Gazprom and China’s CNPC moderated by Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee, and Huang Yongzhang, Vice President of CNPC, took place today in Beijing. The meeting participants reviewed the results of their joint activities for 2023 and discussed the plans regarding key areas of cooperation for the …
Gazprom Presents Its Climate Strategy at UN Conference
A Gazprom delegation headed by Oleg Aksyutin, Deputy Chairman of the Gazprom Management Committee – Head of Department at Gazprom, took part in the 28th session of the Conference of the Parties to the UN Framework Convention on Climate Change. As part of the Energy Day organized by the Ministry of Energy of the Russian Federation, Oleg Aksyutin delivered a presentation on the topic “Climate Strategy of Gazprom up to 2050.” The …
A New Appointment at Tatneft
By order of the General Director of the Tatneft Company, Nail Maganov, Andrey Pimenov was appointed to the position of director of the TatNIPIneft Institute. Born in 1978. Higher education. In 1998 he graduated from Samara Municipal Nayanova University with a degree in Biology. Candidate of Chemical Sciences, defended his …
Gas Reserves at Gazprom’s Medvezhye Field May Be Classified As Hard-To-Recover
The development of hard-to-recover gas reserves along the Senone is very promising, interesting and profitable, noted the head of Rosnedra Evgeny Petrov. The Russian government may include in the list of hard-to-recover reserves (TRIZ) the Senonian gas deposits developed by Gazprom at the Medvezhye field in the Yamal-Nenets Autonomous Okrug. …