Eurasia Journal News

East Siberian Oil and Gas Company JSC Drills a Record Multilateral Well

At the Yurubcheno-Tokhomskoye field in the Evenki Municipal District of the Krasnoyarsk Territory, the construction of a multi-hole well with four horizontal boreholes, a record for the Riphean deposits, was completed. The total length of the well is 5,280 m, the horizontal section is 2,220 m. The start-up oil production rate …

READ MORE →
Eurasia Journal News

Rosneft Introduces Innovative Gas Production Technologies

The gas-liquid jet apparatus (GZhSA) for increasing the volume of gas production at multilayer oil and gas condensate fields was developed by specialists of RN-Purneftegaz (a production asset of Rosneft). The use of GZhSA makes it possible to simultaneously operate high-pressure and low-pressure wells. Pilot tests at the RN-Purneftegaz Gubkinskoye field have …

READ MORE →
Eurasia Journal News

Rosneft and Russian Arctic National Park Start Second Phase of Project to Restore Arctic Ecosystems

Rosneft and the Russian Arctic National Park have started the second stage of a comprehensive project to study the impact of human economic activities on the ecosystems of the northernmost territories of Russia–the protected Franz Josef Archipelago. An expedition returned to the port of Arkhangelsk, during which the scientists studied …

READ MORE →
Eurasia Journal News

Rosneft: Operating Results for 2Q and 1H 2020

1H 2020 LIQUIDS PRODUCTION AMOUNTED TO 4.34 MMBPD UNDER NEW OPEC+ AGREEMENT 1H 2020 GAS PRODUCTION CONSTITUED 31.8 BCM PROGRESS IN THE DEVELOPMENT OF THE KEY PRODUCTION ASSETS WITH EMPHASIS ON THE NEW TECHNOLOGIES IMPLEMENTATION 1H 2020 REFINING THROUGHPUT AT THE COMPANY’S REFINERIES INCREASED TO 52.7 MMT 2Q 2020 REFINING …

READ MORE →
Eurasia Journal News

Rosneft Presents Updated Public Commitment to the UN Sustainable Development Goals

Rosneft Oil Company has presented its updated public statement – “Rosneft: Contributing to Implementation of UN Sustainable Development Goals”. In 2018, the Company’s Board of Directors approved Rosneft strategy on compliance with the 17 UN Sustainable Development Goals. Following the global practices, the Company has determined five goals of strategic priority …

READ MORE →
Eurasia Journal News

Rosneft Introduces an Inclusive Approach to Combat Coronavirus Infection

Rosneft is taking all necessary measures to prevent the occurrence of coronavirus infection at its administrative and production facilities, providing support to doctors and medical institutions. To combat coronavirus, the Company uses an inclusive approach that takes into account the best Russian and international practices of countering COVID-19, including those recommended …

READ MORE →
Eurasia Journal News

Gerhard Schröder Appointed Chairman of Rosneft

Former German chancellor Gerhard Schröder has been appointed chairman of Russian state-controlled oil producer Rosneft, deepening his relationship with the country’s energy industry by taking one of its most high-profile jobs. Long close to Russian president Vladimir Putin, Mr Schröder will chair the Kremlin-controlled oil producer while also serving as chairman …

READ MORE →
Eurasia Journal News

Rosneft Allocated 80 billion Rubles for Environmental Protection Over 2 years

On June 5th Rosneft celebrates World Environment Day. One of the main priorities of the Company is environmental protection and development of environmental technologies. Over the past two years, Rosneft’s green investments amounted to 80 billion rubles. The funds were allocated for implementation of key projects related to the rational …

READ MORE →
Eurasia Journal News

Rosneft Reduces Fugitive Methane Emissions in Exploration and Production by 73% in 2019

Rosneft reduced fugitive methane1 emissions in the Upstream sector by 73% in 2019 as a result of a comprehensive programme of process improvements and methane emission reduction initiatives. Maximizing emissions reductions is a key element of the Rosneft-2022 Strategy. The Company intends to take a leading position in terms of environmental …

READ MORE →
Eurasia Journal News

Igor Sechin Reported to the President of the Russian Federation on the Implementation of the Largest Rosneft Projects

Vladimir Putin held a working meeting with the Chief Executive Officer of Rosneft PJSC Igor Sechin. “Rosneft is our leading company, leading company, largest taxpayer,” said Vladimir Putin, opening the meeting. The President of the Russian Federation invited Igor Sechin, as the head of the largest Russian oil company, to …

READ MORE →