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Oil & Gas Companies News in Russia

Gazprom to Control Russia's New Gas Firm
2/25/2010 - Russia's Gazprom might control a new gas company to be created out of three already existing firms, the daily Kommersant reported. Gazprom would have a 51 percent stake in the company, while the rest ...
TNK-BP Approves $1.8 bn in Major Projects
2/17/2010 - TNK-BP announced the results of a meeting of the Board of Directors of TNK-BP Limited, the ultimate holding company of the TNK-BP group of companies which took place February 12th. The meeting was cha...
NOVATEK Increases Its Stake in Exploration Licenses
2/15/2010 - NOVATEK announced that it has increased its participation in the share capital of OOO Oiltechprodukt-Invest, OOO Petra Invest-M and OOO Tailiksneftegas through the acquisition of an additional 26% par...
Sistema Seeks Permit to Buy Russneft Stake
2/12/2010 - Russian oil-to-telecoms group Sistema has applied to the Federal Antimonopoly Service for permission to buy up to 49 percent in mid-sized oil company Russneft, a source close to Sistema said. ...
NOVATEK, Total Finalize Establishment of JV
2/4/2010 - NOVATEK has announced that the Company and Total Termokarstovoye B.V., an affiliate of Total SA (“Total”) have closed the transaction for the establishment of a joint venture for exploration and devel...
Eurasia to Acquire Workover Assets from LUKoil
12/30/2009 - Eurasia Drilling Company Limited announced that it has finalized an agreement to acquire 100% interest in OOO “Kogalym Well Workover Division” (KWWD) and OOO “Urai Well Workover Division” (UWWD) from ...
Gazprom and CNPC Sign Agreement for Gas Supply
12/28/2009 - On December 22–27 the Gazprom’s delegation, led by Alexander Medvedev, held in China the year’s final round of commercial talks with the China National Petroleum Corporation (CNPC) relevant to arrangi...
Lundin Sells Interest In Kaspiskoye Field, Russia
12/21/2009 - Lundin Petroleum AB is pleased to announce the sale of its 51 percent indirect interest in CJSC Kalmeastern which held the production license for the Kaspiskoye field, Republic of Kalmykia, onshore Ru...
Gazprom and Petrovietnam Sign JV Agreement
12/15/2009 - Gazprom announced that Chairman of the Gazprom Management Committee and Phung Dinh Thuc, President and CEO of Petrovietnam State Oil and Gas Corporation signed in the presence of Vladimir Putin, Prime...
Malka and Gazprom Neft Sign Binding Term Sheet
12/1/2009 - Gazprom Neft and Swedish company Malka Oil AB signed a binding term sheet regarding the sale of Malka Oil's production subsidiary OOO STS-Service to Gazprom Neft for a purchase price of SEK 820,000,00...
Total Transfers 10% in Kharyaga to Zarubezhneft
11/27/2009 - Total E&P Russie, a wholly owned subsidiary of Total S.A., announced the transfer of a 10% interest in the Kharyaga oil field to state-owned Zarubezhneft of Russia. A memorandum of understanding (MOU)...
Russia, Slovakia to Establish Joint Gas Venture
11/16/2009 - The Headquarters of Gazprom hosted a working meeting of Alexey Miller, Chairman of the Company’s Management Committee with Robert Fico, Prime Minister of the Slovak Republic. ...
Scorpion Issuing Notice of Mediation for Gazprom
11/6/2009 - Scorpion Nederlandse B.V, Venezuela Branch, a wholly-owned subsidiary of Scorpion Offshore Ltd. ("Scorpion" or the "Company") has issued an official notice of mediation of dispute to UrdanetaGazprom-1...
Gazprom and E.ON Close Asset Swap Deal
10/30/2009 - Alexey Miller, Chairman of the Gazprom Management Committee and Bernhard Reutersberg, Chairman of the E.ON Ruhrgas AG Executive Board signed the certificate on the asset swap deal closing as part of t...
Aladdin Oil Signs Gas Sales Agreement with Gazprom
10/12/2009 - Geotechnologia, a subsidiary of Aladdin Oil & Gas Company ASA, has signed a gas sales contract with KomiRegionGaz, a GazProm company. This contract will secure gas off-take from our gas field in the M...
Lukoil and Rosnano Sign Cooperation Agreement  
10/8/2009 - Vagit Alekperov, President of OAO LUKOIL, and Anatoly Chubais, General Director of ROSNANO, signed a strategic partnership agreement (the Agreement) in Moscow today. Under the Agreement, the parties w...
Gazprom Completes 51 % Stake in Severenergia
9/23/2009 - Gazprom has completed the acquisition of a 51 per cent stake in SeverEnergia worth about USD 1.6 billion. Thus, SeverEnergia shareholding structure is as follows: Gazprom – 51 per cent, the Italian pa...
Lundin Sells Its Interest in Ashirovskoye Field
9/21/2009 - Lundin Petroleum AB is pleased to announce the sale of its 50 percent indirect interest in CJSC Oilgaztet, which holds the production license for the Ashirovskoye field, Orenburg region, onshore Russi...
Lundin Partners With Gunvor in the Lagansky Block
9/2/2009 - Lundin Petroleum AB is pleased to announce that it has entered into an agreement with Gunvor Cyprus Holding Ltd, an entity in the Gunvor Group, under which Gunvor will acquire a 30 percent interest in...
Gazprom May Cede Kovykta Field to State Co-Paper
8/19/2009 - Russian gas export monopoly Gazprom is likely to cede control of the huge Kovykta gas field in eastern Siberia to a state holding company, a Russian newspaper reported on Wednesday, citing unnamed sou...

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