Igor Sechin Names Beneficiaries of the Global Energy Crisis
“The U.S. oil majors’ reports for the last year show that as a result of a reasonable rejection of the accelerated energy transition, focusing on extracting conventional hydrocarbons, they have become leaders in capitalization”, Igor Sechin said, speaking at the ministerial session during the Indian Energy Week, a key South …
Igor Sechin: Energy Security Is No Longer Global
“The actions of the world hegemon trying to maintain its hegemony by any means, have destroyed the unified energy market”, said the head of Rosneft, speaking at the ministerial session at the Indian Energy Week, a key South Asian forum dedicated to energy security and environmental sustainability. He stressed that …
Igor Sechin: Russia Develops Energy Cooperation with India
Rosneft Chief Executive Officer Igor Sechin participated in a ministerial session during the Indian Energy Week, a key South Asian forum dedicated to energy security and environmental sustainability. Indian Prime Minister Narendra Modi inaugurated the India Energy Week and participated in a roundtable discussion with the leaders of global energy …
RN-Nyaganneftegaz Allocated More than 540 Million Rubles to Finance Environmental Projects in 2022
The RN-Nyaganneftegaz company, which is part of the Rosneft oil production complex, invested more than 540 million rubles in environmental protection and restoration measures in 2022. The funds were used to implement the gas program, the program to improve the reliability of pipelines, land reclamation and improve the efficiency of …
Rosneft Improves the Efficiency of the Geosteering Process
Specialists from the Institute of Geology and Exploration of Combustible Fossils (part of the research and development complex of Rosneft) have developed a method for automated processing of data obtained during drilling. The new approach allows several times to reduce labor costs for routine operations without compromising the quality of …
2,000 km of Winter Roads Were Built to Supply Vostok Oil facilities
RN-Vankor (part of Rosneft’s oil and gas production complex) has built record-breaking winter roads for the Vostok Oil project. 2000 km of winter roads pass through the territory of the north of the Krasnoyarsk Territory and the Yamalo-Nenets Autonomous Okrug. They connect the facilities of the RN-Vankor oil transportation system …
The Economic Effect From the Implementation of the Orenburgneft Energy Saving Program for Three Years Amounted to More Than 500 Million Rubles
The Orenburgneft company (part of the Rosneft oil production complex) has saved more than 187 million kWh of electricity in three years. In monetary terms, the effect exceeded 500 million rubles. Including in 2022, the savings amounted to more than 147 million rubles. Increasing the efficiency of production assets is …
RN-Vankor Increased Well Flow Rate by 1.5 Times
The RN-Vankor company, which is part of the oil and gas production unit of NK Rosneft, increased the flow rate of a production well at the Vankor field by 1.5 times. It was possible to increase the reservoir productivity from 31 to 80 tons per day thanks to the use …
Igor Sechin Presents Keynote Speech at Special Session of 15th Verona Eurasian Economic Forum
Igor Sechin, Chief Executive Officer of Rosneft Oil Company, presented the keynote speech “The Flood on the Energy Market. The Second Abduction of Europa” at the Special Session of the 15th Verona Eurasian Economic Forum. The Special Session titled “The new reality of commodity and energy markets” has been attended …
RN-Yuganskneftegaz Increased the Initial Debit of a Multilateral Well by 60%
RN-Yuganskneftegaz, the largest producing asset of Rosneft Oil Company, has commissioned a horizontal well at the Vstrechnoye field, which was drilled using the Fishbone* technology. The initial flow rate of the well was 500 tons of oil per day. This is 60% more than standard horizontal wells in this field. …