Russneft to Continue Development of the Technically Challenging Vostochno-Kamennoe Field
Russneft will continue active development this year of the uniquely complex Vostochno-Kamennoe field located in Western Siberia, said company CEO Evgeny Tolochok at the annual shareholders meeting. “Russneft has entered the active phase of industrial development of the uniquely complex greenfield – the Vostochno-Kamennoe field. We have drilled new wells …
UAE Company Acquires Part of Former Glencore Stake in RussNeft
United Arab Emirates-Based Company Acquires Part of Former Glencore Stake in Public Joint Stock Company RussNeft. A company based in the United Arab Emirates, OCN International DMCC, has acquired a 16.33 percent stake in the ordinary shares of Public Joint Stock Company RussNeft, according to official corporate documentation. As reported …
RussNeft Withdrew from Assets in Azerbaijan
The company has no foreign production assets left. RussNeft has excluded from its structure companies that control assets in Azerbaijan, according to the updated list of affiliates of the oil company. The document excludes the connection between the PJSC and the British-Virginia GEA Holdings Ltd., which participates in a number …
The Increase In RussNeft Reserves In 2023 Amounted to 130%
Production amounted to 6.434 million tons of oil and 2.11 billion cubic meters. m of gas. The increase in Russneft reserves in 2023 amounted to 130%, production – 6.434 million tons of oil and 2.11 billion cubic meters of gas, the company reported. The increase in reserves is estimated at 8.3 …
RussNeft Will Resume Work at the Khanty-Mansi Autonomous Okrug Field, Which Was Closed Due to Sanctions
RussNeft will begin developing the Vostochno-Kamnoye field in the Khanty-Mansi Autonomous Okrug, which was suspended in 2023 due to sanctions and the economic crisis. The head of the Khanty-Mansiysk branch of the company, Alexey Shatalov, shared his plans for drilling new wells. “At the Vostochno-Kamenny field, work on industrial development …
RussNeft Expects a Reduction in Oil Production by Five Percent
RussNeft expects oil production to decline in 2023 due to OPEC+ decisions by 5%, to 6.4 million tons, company president Evgeny Tolochek told reporters on the sidelines of the Tyumen Industrial and Energy Forum. Answering the question by how much the company’s oil production could decrease in 2023, he said: …
Children of Sponsored FC Neftyanik Successfully Performed at Interregional Competitions
The Neftyanik Football Club created under the patronage of PJSC «RussNeft», has successfully performed at the Interregional futsal tournament in Kuznetsk (Penza region). The team of boys born in 2009 took 1st place among 10 participating teams, showing spectacular football and good player interaction. The children born in 2011 took …
RussNeft Contributes to the New Year Charity Event in Raduzhny
RussNeft took part in a charity event to present New Year’s gifts to the children from families of small indigenous minorities of the North living in the remote camps of Nizhnevartovsk district. The event was implemented by the Nizhnevartovsk branch of the Company together with the Rescue of Ugra public …
RussNeft Conducts Oil Spill Containment and Response Exercise
PJSC “RussNeft” have conducted an integrated exercise to test the company’s preparedness for actions to be taken to localize and eliminate spills of crude oil and petroleum products in the Saratov region. The exercise took place not far from the Stepnoye village of the Sovietsky municipal district of the Saratov …
RussNeft: Reserves Addition Amounted to 13.8 Million Tons in 2020-2021, According to the SPE-PRMS Classification
The increase of 2P reserves of PJSC “RussNeft” under SPE-PRMS amounted to 13.8 million tons in 2020-2021. Compensation of the production of the reserves of categories АВ1С1+В2С2 according to the Russian classification in the reporting year amounted to 100%. At the same time, the share of hard-to-recover reserves in the …