Sovcomflot's Lomonosov Prospect Transists Northern Sea Route on LNG
PAO Sovcomflot (SCF Group)'s large-capacity LNG-fueled Aframax tanker Lomonosov Prospect has successfully completed its first commercial voyage along the Northern Sea Route (NSR) to deliver a cargo of petroleum products from the Republic of Korea to Northern Europe.The high-latitude voyage from Cape…
Gazprom Neft, ZPEC Discuss East Siberian Oil Fields Project
Russian oil producer Gazprom Neft is in talks with the Chinese drilling company Zhongman Petroleum and Natural Gas Group Corp (ZPEC) over it taking a stake in Gazprom Neft's Chonsk oil fields development project in Siberia, two sources at the Russian company told Reuters. The Chonsk project consists of three fields some 100 km from the East Siberia-Pacific Ocean pipeline…
"Chukotka-The area of energy" Conference in Moscow
At the initiative of the government of the Chukotka Autonomous District on April 22 in Moscow will host the conference "Chukotka. The area of energy. The conference will be held for the first time and will focus on the mining industry in the region and the surrounding sea shelf. The event is designed…
Rosneft, Sinopec JV to Develop Russkoye, Yurubcheno-Tokhomskoye Fields
Rosneft and China Petrochemical Corporation (Sinopec) signed the Heads of Agreement on cooperation within the proposed joint development of Russkoye and Yurubcheno-Tokhomskoye fields. The document was signed by the Chairman of Rosneft Management Board Igor Sechin and the Chairman of China Petrochemical…
Russia's Rosneft in Talks with Mubadala on East Siberian Fields
Russia's Rosneft, the world's top listed oil company by output, is in talks with Mubadala Petroleum to jointly develop two east Siberian projects, Tass Yuriakh and Verkhnechonskoye, the Kremlin said on Monday. The Kremlin did not give any further details in documents prepared for President Vladimir Putin's…
Gazprom Building up Resource Base
In 2014 Gazprom Group (excluding Gazprom Neft) performed exploratory drilling of above 125,000 m of rocks, constructed 32 prospecting and exploratory (7 and 25 accordingly) wells. Over six thousand linear kilometers of 2D seismic profiles were processed, 3D seismic survey covered in excess of 11 thousand square kilometers.
Russia Offers India Stakes in Siberian Oilfields
Rosneft has offered stakes in its two east Siberian oilfields to India's Oil and Natural Gas Corp, two Indian sources with direct knowledge of the matter said, as the sanctions-hit Russian company looks beyond Western firms to develop its vast resources. The sanctions imposed on Russia by the United States and Europe to punish Moscow for its incursion into Ukraine…
Russia to Look Further Afield for Future Energy Growth: EIA
Russia was the world's largest producer of crude oil (including lease condensate) and the world's second-largest producer of dry natural gas in 2013 according to the U.S. Energy Information Administration, Eastern Bloc Research. Most of Russia's crude oil and natural gas production occurs in West Siberia…
Rosneft Restores Meteorological Observations System in Kara Sea
As part of a large-scale summer Arctic research expedition "Kara-Summer - 2014" a meteorological station was installed that meets the latest modern requirements for such equipment, on the island of Uedinenie. Thus, the expedition organized by the "Arctic Research and Development Center" (a joint venture of "Rosneft" and ExxonMobil)…
Russia Could Export Extra Oil From Kozmino in 2014
Russia could ship an additional 1.2 million metric tons of ESPO crude oil from the Pacific port of Kozmino due to a fire, which halted output at Achinsk refinery in June, a spokesman for oil pipeline monopoly Transneft told Reuters on Wednesday. "The exports could be increased by 1.2 million metric tons due to the accident at Achinsk refinery," Igor Dyomin said.
Rosneft Halts Achinsk Oil Refinery After Fire Kills Six
Russia's top oil producer Rosneft has halted production at its east Siberian Achinsk refinery after a fire killed at least six people, industry sources said on Monday. One source said the repairs could take up to six months. Rosneft said the fire had broken out on Sunday evening at a fractionation unit of the refinery…
Kara-Winter-2014 Ice Expedition Successfully Completed
The Kara-Winter-2014 Ice Expedition organized by the Arctic Research and Design Center (a joint venture of Rosneft and ExxonMobil) with expert support from the Arctic and Antarctic Research Institute Federal State Budget Institution was successfully finished. It has become the largest expedition in the Arctic Ocean since the USSR collapse.
Russia-China Gas Deal Still Leaves Door Open To Japan
For once, China looks to have done Japan a favour. In clinching a $400 billion deal last month to buy Russian gas, China may end up helping out its old political and economic rival in a way that matters hugely for Japan - energy security. The China-Russia agreement, the biggest gas deal ever, unlocks new gas supplies and could bring down gas prices across Asia…
