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Oil & Gas Companies News in Russia

Ukraine Signed Terms of Reference For Monitoring of Gas Transit With No Stipulations
1/12/2009 - “We held talks in Kiev this morning. The talks resulted in signing the Terms of Reference for monitoring of natural gas transit by Ukrainian party with no stipulations,” said Gazprom Management Commit...
Gazprom and European Commission’s Monitors of Gas Transit Via Ukraine Ready for Their Mission
1/11/2009 - “At present, a group of monitors from Gazprom and the European Commission are preparing to begin their work at gas metering stations in Russia and Ukraine. They are fully ready to fly to these facilit...
BP and AAR Sign Deal to Align Interests and Boost Value of Russian Joint Venture
1/9/2009 - BP announced today that the deal agreed in principle last September to revise the shareholder agreement with its Russian partners in TNK-BP has now been finalised, paving the way for the next phase in...
Gazprom to Sue Naftogaz Ukrainy With International Arbitration Court
1/3/2009 - Gazprom has taken the decision to file a lawsuit with the Stockholm international arbitration court to force Naftogaz Ukrainy to secure unimpeded transit of Russian gas to Europe across Ukraine.
Ukrainian Side Disagrees to Required Transit Volume
1/2/2009 - The current situation in the relations with Ukraine in the gas sector is as follows: taking into consideration the holidays, the USD 1.5 billion payment made by Naftogaz Ukrainy will be received by us...
Gas Supplies to Ukraine Cut 100 Per Cent
1/1/2009 - “By now, the situation surrounding gas supplies to Ukraine is as follows. As announced last night, at the moment we don’t have a contract for gas supply to Ukrainian consumers. That is why we don’t ha...
Board of Directors Addresses Relationships with Ukraine
12/29/2008 - The Gazprom Headquarters hosted a Board of Directors’ meeting.The Board of Directors took notice of the information relevant to the calculations status and relationships prospects for Gazprom and busi...
On Meeting Of Gazprom Coordinating Committee For Environmental Protection
12/26/2008 - The Gazprom Headquarters hosted a meeting of the Company’s Coordinating Committee for Environmental Protection moderated by Alexander Ananenkov, Deputy Chairman of the Gazprom Management Committee, He...
Spudding of Reef Prospect and New Gas Well
12/23/2008 - Aladdin Oil & Gas Company ASA is planning to spud a well on the reef prospect as well as on the gas field 24th December. The company is now entering a very active season where in addition to the drill...
Lukoil Completes Construction of the Second Stage of the Yuzhno Khylchuyu Field
12/10/2008 - OOO Naryanmarneftegaz, a LUKOIL and ConocoPhillips Joint Venture (70% and 30%, respectively) completed construction of the second stage of the Yuzhno Khylchuyu (YK) field. In process of construction o...
Sakhalin-1 Project Receives Award For Excellence From International Petroleum Technology Conference
12/3/2008 - ExxonMobil announced today that the Sakhalin-1 project has earned the Excellence in Project Integration Award from the committees and sponsoring societies of the International Petroleum Technology Con...
Celebrations Dedicated to Pilot Production Launch at Section of Achimov Deposits in Urengoy Field
11/12/2008 - Novy Urengoy today hosted the celebrations on the occasion of the pilot production launch at section A1 of the Achimov deposits in the Urengoy oil, gas and condensate field.

Taking part in ...
BASF and Gazprom Boost Natural Gas Production in Siberia with Achimgazjoint venture
11/12/2008 - German oil and gas group Wintershall and Russia's Gazprom said their Achimgaz 50-50 joint venture gas project in Siberia will produce just under one billion cubic metres (Bcm) of gas and 300,000 tonne...
SPD Production Record
11/5/2008 - Sibir today announces that the crude oil production rate at its Salym fields exceeded 140,000 barrels per day (bopd), a new record. The Salym fields are located in western Siberia and are operated by ...
Timan Oil & Gas Announces Increase in NGPT State Registered Reserves
11/5/2008 - Timan Oil & Gas announces that following the submission of technical data, the Russian State Reserves Committee (“GKZ”) met on 18 July 2008 and approved new reserves for the Nizhnechutinskoye Field (“...
Lukoil, ConocoPhillips’ Yuzhno Khylchuyu (YK) Field Production Begins
8/28/2008 - OAO Lukoil President Vagit Alekperov and ConocoPhillips Chairman and CEO Jim Mulva today participated in a special ceremony on the occasion of the startup of the Yuzhno Khylchuyu (YK) field located in...
Transmeridian Exploration Adds New Areas in Russia
7/2/2008 - Transmeridian Exploration Incorporated announced that it has strengthened its position in Russia's Dagestan region with its acquisition of both a second field and an undrilled anticline in trend with ...
Gazprom and Siemens AG Enter into Strategic Partnership Agreement
4/3/2008 - Today, at the Gazprom Headquarters, Alexey Miller, Chairman of the Company’s Management Committee and Peter Loscher, CEO of Siemens AG entered into a Strategic Partnership Agreement. The Agreement ope...
GAIL signs MoU with ITERA Oil & Gas Company of Russia
3/13/2008 - GAIL (India) Limited signed a Memorandum of Understanding (MoU) with ITERA Oil & Gas Company of Russia for cooperation in projects ranging from participation in CNG projects in Russia, Gas based Petro...
SAGA Oil acquires new large oil & gas field in Russia
3/3/2008 - SAGA Oil has purchased the 637 square kilometer Kudryashovsky license in the Orenburg region in Russia. The license has preliminary extractable reserves of 60.8 million BOE, confirmed by the Russian s...

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