Rosnedra Began a Systematic Study of the Russian Shelf For the First Time in the Last 30 Years
For the first time in the last 30 years, the Federal Agency for Subsoil Use (Rosnedra) has begun a systematic study of the Russian shelf, said the head of the agency, Evgeny Petrov, during a meeting with Prime Minister Mikhail Mishustin. Petrov noted that over the past two years, Rosnedra …
Russia Extended The Suspension Of Publication Of Oil statistics
The measures will be in force until April 1, 2025. The Russian government has extended the suspension of publication of statistics on oil, gas and condensate production until April 1, 2025. This is stated in the order of the Cabinet of Ministers signed by Russian Prime Minister Mikhail Mishustin, which …
The Cabinet of Ministers Expanded the List of Hard-to-Recover Reserves
Oil deposits of the Kuma-Kerestin formation in the North Caucasus and Paleozoic deposits of Western Siberia were brought there The Russian government has included oil deposits of the Kuma-Kerestin formation in the North Caucasus and Paleozoic deposits of Western Siberia in the list of hard-to-recover reserves, the ministry reported. The …
Oil and Gas Companies are Compensated for Part of the Costs of Purchasing Domestic Drilling Rigs
The Government of the Russian Federation extends support for oil and gas companies through the provision of utilization grants. With their help, market participants can compensate for part of the cost of updating drilling rigs. The decision to this effect was signed by Prime Minister Mikhail MISHUSTIN, the Devon news …