Eurasia Journal News

Rosneft’s 2019 Annual Performance Report – Won the Best Corporate Video Competition

Rosneft’s corporate film The annual report on the Company’s performance prepared for the 2020 Annual Meeting of Shareholders (AGM) was recognized as the winner in the Best Corporate Video 2021 competition. The competition was held as part of the X Annual Moscow International Corporate Video Festival. The winners are determined by …

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Eurasia Journal News

Level of Rational Use of Associated Petroleum Gas in Samotlorneftegaz Exceeded 98.5%

Rosneft is actively working to increase the level of useful utilization of associated petroleum gas (APG) in the Nizhnevartovsk region. Samotlorneftegaz, which is part of the production complex of NK Rosneft, by the end of 2020 increased the level of rational use of APG to 98.6%. The bulk of the produced gas …

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Eurasia Journal News

Bashneft is Increasing its APG Utilization Capacity

Bashneft, a subsidiary of Rosneft, has completed the reconstruction of a gas pipeline to send associated petroleum gas (APG) from the Urshakskoye field to the Shkapovskoye gas processing plant in Bashkiria. As part of the reconstruction of the facility, a new gas pipeline was built, which will ensure uninterrupted supplies of …

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Eurasia Journal News

Rosneft Driltec B2 Drilling Fluids Have Increased Standard Shelf Life

Specialists of RN-Lubricants and the Scientific Research Institute for Storage Problems of Rosrezerv jointly carried out work to extend the shelf life of the high-tech base for drilling fluids Rosneft Driltec B2. Previously, the standard shelf life of solutions in consumer warehouses was considered a period of up to one …

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Eurasia Journal News

Verkhnechonskneftegaz Pumped 2.5 bcm of Associated Petroleum Gas into Underground Storage

The Verkhnechonskneftegaz company, which is part of the oil and gas production complex of NK Rosneft, has injected 2.5 billion m3 of associated petroleum gas (APG) into the underground gas storage since the start of the program for its rational use. The gas storage facility was commissioned in 2019. The development …

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Eurasia Journal News

Orenburgneft Saved More Than 100 Million Rubles Due to an Increase in the Overhaul Period of Equipment Operation

JSC Orenburgneft, a subsidiary of Rosneft, in 2020 increased the overhaul period of the mechanized well stock to 825 days, which is 8.9% more than in 2019. The economic effect from the increase in the turnaround period for electric centrifugal and sucker rod pumps exceeded 111 million rubles. The introduction of …

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Eurasia Journal News

Bashneft Allocated 5.6 Billion Rubles to Environmental Projects in 2020

ANK Bashneft, which is part of NK Rosneft, in 2020 invested 5.6 billion rubles in environmental projects on the territory of its production activities. The main investments are aimed at implementing programs to improve the reliability of pipelines, safe disposal of industrial waste, increase the useful use of associated petroleum gas, …

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Eurasia Journal News

Orenburgneft: Saved 1bn Rub Through Innovative Technologies

The economic effect from the introduction of innovative technologies at the production facilities of Orenburgneft JSC (a subsidiary of Rosneft Oil Company) in 2020 exceeded 1 billion rubles. Comprehensive development of scientific and technological potential is one of the key elements of the Rosneft-2022 Strategy. As part of this work, the …

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Eurasia Journal News

Samaraneftegaz: Wins 4 Block Auction In Samara

The Samaraneftegaz company, which is part of the oil production block of NK Rosneft, obtained the right to use the subsoil for geological exploration, exploration and production of hydrocarbons at the Vostochno-Pervomaisky, Glebovsky, Zharinovsky and Teleginsky blocks following the auction. The acquisition of new subsoil plots and the replenishment of …

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Eurasia Journal News

Rosneft: Signs Investemnet Incentives to Accelerate the Development of the Priobskoye Field

Rosneft Oil Company, the Ministry of Finance of Russia and the Ministry of Natural Resources and the Environment of Russia have signed an agreement on investment incentives for oil production at the Priobskoye field in the form of an annual mineral extraction tax (MET) deduction of up to 46 billion …

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