The Okha city public prosecutor’s office received a report from the administration of the city district Okhinskiy about the damage of the main oil pipeline Okha-Komsomol’sk-na-Amure between the 4th and 5th checkpoints (at the distance of 100 km of the town of Okha) and oil products getting into the spawning river of Kamulan. The prosecutor’s […]

Russian Rosneft has signed a cooperation agreement with Statoil, the Norway-based oil company. According to the document, Russians and Norwegians are going to co-develop the Perseyevsky deposit in the Barents Sea and the three deposits in the Sea of Okhotsk: Kashevarovskiy, Lisyanskiy and the deposit MAgadan-1. According to the press-service of Rosneft, the share of […]

About 300 tons of oil products, and not 44 tons as it has been reported before, was spilled to the Angara river on April 25 from the local pipeline of Russian Federal State Reserves Agency’s (Rosrezerv) Pribaikalye combine as a result of an illegal tapping, the Irkutsk Region’s government reported with reference to governor Dmitry […]

The Bashneft Company as part of the main consortium submitted an application for the participation in the tender within the framework of the fourth licensing stage in Iraq. The information is publicized by the press-service of the company. This contest presupposes obtaining an official permission and the pack of documents for geological exploration in 12 […]

The company reports that the board of directors of JSC Gazprom Neft considers the issue of acquisition of Kazakhstan “Sonol Invest Ltd.” The agenda has one single point: JSC Gazprom Neft Kazakhstan purchases 100% of equity of “Sonol Invest Ltd.” The press service of Primu company explains that Sonol Invest disposes of four fuel stations […]

In 2011 the daily oil production in the Russian Federation reached its highest level for the last twenty years – 10.27 million barrels. The information which comes from the Energy Ministry of Russia makes it obvious that the country has produced such a considerable volume of oil for the first time since the USSR collapsed. […]

On Tuesday the largest Russian private oil company OAO LUKOIL signed the contract on purchasing from OAO Bashneft for 4.768 billion rubles a share of 25.1% in OOO Bashneft-Polyus, which is the owner of the license to use a site of subsurface resources of federal significance including Trebs and Titov oil deposits, the joint press-release […]

The head of the largest Russian oil company Rosneft Eduard Khudaynatov does not see any reason for the oil product prices to climb at the Russian domestic market. “We shared our opinions on the situation with oil products. Here are all the heads of oil companies, the picture is very obvious, there are no reasons […]

The high-latitude regions of the Western Arctic and the whole of the Eastern Arctic may turn out to be unavailable for oil production within the next 10 years. Such a proposal was made by the RF Ministry of Natural Resources (MinPrirody) within the framework of preparing the program of the continental shelf exploration. The moratorium […]

Belarus has asked the Russian partners to increase the oil delivery volumes to Minsk by 8.5% in 2012 – from today’s 12.2 million tons to 23 million. This was declared by the Deputy Minister of Energy of Russia Yuriy Sentyurin. Mr Sentyurin pointed out that the Russian Minenergo leaves open the possibility of increasing the […]