Eurasia Journal News

Gazprom Neft Is Ready to Increase Oil Production If Instructed By the Ministry of Energy

Gazprom Neft is ready to increase oil production if the relevant order is received from the Ministry of Energy, Alexander Dyukov, the head of the company, told reporters on the sidelines of the Russian Union of Industrialists and Entrepreneurs congress. “If the Ministry of Energy informs us about the corresponding …

READ MORE →
Eurasia Journal News

Russian Oilmen Increased the Commissioning of Oil Wells in April by 16.5%

The commissioning of new oil wells in Russia in April 2023 increased by 16.5% compared to April last year and amounted to 627 wells. This was reported by two sources of Vedomosti, familiar with the statistics of the Ministry of Energy. The growth rate for vertically integrated oil companies (VIOCs) …

READ MORE →
Eurasia Journal News

Russian Oilmen Increased Commissioning of New Wells

In the first quarter of 2023, Russian oil companies put into operation 2001 new oil wells, which is 10% more than in the same period in 2022. This was reported to Vedomosti by two sources familiar with the statistics of the Ministry of Energy. According to them, the increase in …

READ MORE →
Eurasia Journal News

Head of the Ministry of Energy Noted the Growth of Capital Investments in Oil Production

According to the results of 2022, the capital investments of Russian vertically integrated oil companies (VIOCs) in oil production increased by 1.2 times, or by about 20%, to 1.818 trillion rubles, follows from the presentation of the head of the Ministry of Energy of the Russian Federation Nikolay Shulginov to …

READ MORE →
Conference and Exhibition News and Updates

Extensive Technical Programme to be Featured at the Virtual SPE Russian Petroleum Technology Conference | 26–29 October 2020 | Virtual

Featuring an extensive technical programme whilst offering insight, and multiple online networking opportunities, the SPE Russian Petroleum Technology Conference is the leading oil and gas event in Russia for petroleum professionals and students across the globe. The conference programme will cover a wide variety of topics including all industry disciplines. …

READ MORE →
Conference and Exhibition News and Updates

The Russian Ministry of Energy has hosted a meeting on preparation to RAO/CIS OFFSHORE 2019

Pavel Sorokin, the Deputy Minister of Energy of the Russian Federation, a co-chair of the RAO/CIS Offshore Program Committee held a meeting on preparation to the Forum to be held from 1- 4 October in St. Petersburg. The meeting was attended by over 100 representatives of the Russian ministries and …

READ MORE →
Eurasia Journal News

Condor Petroleum: Kazakh Ministry of Energy Appeals Zharkamys Ruling to the Court of Appeal

Condor Petroleum Inc., a Canadian based oil and gas company focused on production and exploration activities in Turkey and Kazakhstan provides an update on the extension of the Zharkamys exploration contract (“Zharkamys Contract”). As disclosed on March 1, 2018, the Company received a favorable Kazakhstan Civil Court (“Civil Court”) ruling …

READ MORE →