Geophysicists Have Conducted Three-Dimensional Seismic Surveys in the Arctic Region
A complex method of seismic signal generation was applied at challenging sites in the Irkutsk Region and in the Yamalo-Nenets Autonomous Okrug, located within the Arctic territories of the Russian Federation. The company Geotek Joint Stock Company carried out large-scale three-dimensional seismic surveys in Eastern Siberia and in the Yamalo-Nenets …
The Increase In Gazprom Reserves Exceeded Production For The Nineteenth Year In A Row
The increase in Gazprom’s reserves in 2023 again exceeded production volumes; the reserve replacement rate has been above one for the 19th year in a row, the company notes. Exact figures on the increase in reserves, as well as on production indicators, are not given in the message. The largest …
A Zero Mineral Extraction Tax Has Come Into Force For The Production of Gas Used For The Production of Hydrogen And Ammonia
On January 1, a law came into force establishing a zero rate of mineral extraction tax (MET) for the extraction of gas and (or) gas condensate in subsoil areas located wholly or partially on the Yamal and (or) Gydansky peninsulas in the Yamalo-Nenets Autonomous Okrug, used exclusively for the production …
Gazprom Neft Volunteers and Residents of Yamal Collected More Than 625 Tons of Garbage on the Peninsula
Gazprom Neft summed up the results of its environmental project “Clean Environment” to clean up Yamal from historically accumulated and household waste. From April to September, more than 4.5 thousand volunteers – company employees, representatives of the public environmental organization “Green Arctic”, local residents – collected more than 625 tons …
The State Duma Approved the Zeroing of the Mineral Extraction Tax for the Novatek Project in Yamal
The State Duma Committee on Budget and Taxes supported the adoption in the first reading of a bill establishing a zero severance tax rate for gas produced in Yamal and Gydan for the production of ammonia and hydrogen. It can be submitted to the State Duma on May 31. The …
Lifting the Curtain on Russia’s Oil and Gas Sectors That Will Bring in an Estimated $260 Billion in 2022
Despite the severe oil production cuts expected in Russia this year, tax revenue will increase significantly to more than $180 billion due to the spike in oil prices, Rystad Energy research shows. This is 45% and 181% higher than in 2021 and 2020, respectively. Russia’s progressive tax system means that …
NOVATEK: Obtains International Certification for CO2 Underground Storage Sites in Yamal and Gydan
PAO NOVATEK announced today that the first of three stages of international certification for long-term CO2 underground storage sites in the Yamal and Gydan Peninsulas has been successfully completed and that site feasibility certificates have been issued for further study of the sites and subsequent certification stages. Det Norske Veritas …
Gazprom and RusGazDobycha Set Up a Joint Venture in Yamal
Gazprom and RusGazDobycha have established a joint venture Gazprom Dobycha Tambei to develop the Tambeyskoye field in Yamal. This was reported in the gas holding’s Telegram channel. The joint venture will develop and ensure the development of the Tambeyskoye field on the Yamal Peninsula with the start of gas production from …
RN-Purneftegaz Celebrates 35 Years Since its Foundation
LLC RN-Purneftegaz (part of the oil and gas production complex of NK Rosneft) celebrates its 35th anniversary. The enterprise was established on July 14, 1986 to speed up the development of a group of new oil and gas fields in Yamal – Tarasovsky, Barsukovsky, Novopurpeysky. During its operation, the enterprise has …
Head of Rosprirodnadzor Invited Schoolchildren of Yamal to Participate in the Award “Ecology is Everyone’s Business”
The head of the Federal Service for Supervision of Natural Resources Svetlana Radionova invited Yamal schoolchildren to take part in the International Children and Youth Prize “Ecology is everyone’s business” during a working trip to Novy Urengoy. The head of Rosprirodnadzor announced this on Friday, April 23, during a visit …