Development News in Russia

Gazprom and YaNAA Agree to Extend Cooperation to 2021–2023
3/25/2021 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Dmitry Artyukhov, Governor of the Yamal-Nenets Autonomous Area (YaNAA), took place via a video link. ...
Rosneft Announces Operating Results for 4Q and 12M 2020
2/12/2021 - - 4Q 2020 liquids production increased by 1.9% qoq to 3.98 mmbpd ...
Gazprom Neft Board of Directors Reviews the Company’s Strategic Development
2/11/2021 - The Gazprom Neft Board of Directors has reviewed and taken note of information on the implementation of the company’s development strategy to 2030. ...
Rosneft Signs Agreement for Priobskoye Field Investment
2/5/2021 - 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 P...
Gazprom & LUKOIL Discuss Ongoing Efforts to Create Joint Venture
1/22/2021 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Vagit Alekperov, President of LUKOIL, took place in St. Petersburg. ...
Zoltav Resources Provides Corporate Update
12/29/2020 - Zoltav (ZOL) provides a corporate update following a review by the board of directors, in consultation with the Company's major shareholders, of the strategic options available to the Company to secur...
Gazprom & LUKOIL Sign Master Agreement to Develop Two Fields
Gazprom & LUKOIL Sign Master Agreement to Develop Two Fields 12/21/2020 - Alexey Miller, Chairman of the Gazprom Management Committee, and Vagit Alekperov, President of LUKOIL, signed the Master Agreement on the terms of the development of the Vaneyvisskoye and Layavozhskoy...
Gazprom Neft & Shell to Develop Hydrocarbon Cluster on Gydan Peninsula
12/2/2020 - Gazprom Neft and Shell have closed a transaction to establish a joint venture to study and develop the onshore Leskinsky and Pukhutsyayakhsky license blocks on the Gydan Peninsula. The partners have a...
Lukoil Proceeds with Filanovsky Field Pahse2 Development
10/9/2020 - Deputy Prime Minister of the Russian Federation Yury Borisov and President of LUKOIL Vagit Alekperov launched phase two of the development drilling campaign of the Offshore Ice-Resistant Fixed Complex...
Gazprom & LUKOIL Will Develop Two Fields in Nenets Autonomous Area
10/1/2020 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Vagit Alekperov, President of LUKOIL, took place in St. Petersburg.

The parties discussed current...
Lukoil Begins Modernization of Its Yarega Field Production Facilities
8/26/2020 - LUKOIL launched a priority project aimed at the modernization of Yarega field oil mines and related infrastructure. This is mostly due to the Oil Mines Industrial Security Rules devised upon the Compa...
Rosneft Announces Operating Results for 2Q and 1H 2020
8/14/2020 - In 1H 2020 the company made significant progress in the field of industrial safety: the PSER-1 metric, which reflects the frequency of industrial accidents, improved by c. 1.5 times to 0.048, which co...
Gazprom Neft Develops Its New Production Cluster in Western Siberia
7/29/2020 - Gazprom Neft has begun its full-scale development of a major hydrocarbon cluster (with total potential resources estimated at 650 million tonnes of oil) covering license blocks in the Khanty-Mansi Aut...
Gazprom Neft & Shell Launch Joint Project for Development
7/21/2020 - Gazprom Neft and Shell have signed an agreement to establish a joint venture to study and develop the Leskinsky and Pukhutsyayakhsky license blocks on the Gydan Peninsula. ...
Sakhalin Energy Has Extended the Development Licenses
6/18/2020 - Sakhalin Energy has extended the development licenses for Piltun-Astokhskoye and Lunskoye fields in the Sea of Okhotsk, which were issued to the company in May 1996 initially for a period of 25 years....
Gazprom Neft Starts Developing Bazhenov Formation at Salym Blocks
6/4/2020 - The Bazhenov Technology Centre (a Gazprom Neft subsidiary) is preparing to commence development of Bazhenov Formation deposits at Salym-group license blocks in the Khanty-Mansi Autonomous Okrug-Yugra....
Gazprom & Rusgazdobycha Reach Investment Decision on Semakovskoye Field
6/2/2020 - Gazprom and RusGazDobycha reached a final investment decision on the project for the development of the Semakovskoye gas field in the Yamal-Nenets Autonomous Area. ...
Gazprom Neft Starts Developing Gas Fields in Yamalo-Nenets Autonomous
5/19/2020 - Gazprom Neft subsidiary Gapzromneft-Zapolyarye is set to begin developing Neocomian-Jurassic deposits at the Bovanenkovskoye oil and gas condensate field and the Kharasaveyskoye gas condensate field (...
Gazprom Neft Improves Efficiency at the Chayandinskoye Field
5/13/2020 - Gazpromneft-Zapolyarye has commissioned its first “fishbone” well at an oil-rim deposit at the Chayandinskoye field in Yakutia. The initial flow rate from this multi-branched well has exceeded that of...
Gazprom Neft Strengthens Its Partnership with Khanty-Mansi Autonomous
2/25/2020 - Gazprom Neft has entered into a further social and economic cooperation agreement with the Government of the Khanti-Mansi Autonomous Okrug—Yugra. The signatories to this agreement were Alexander Dyuko...

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