Reuters reports that Gazprom Neft and Royal Dutch Shell will agree to drill for shale oil in Western Siberia and explore Russia's Arctic shelf when President Vladimir Putin visits the Netherlands next week, the Kremlin said.
Bloomberg reports that Russia’s decision to give China a share of prized Arctic exploration licenses as part of a “breakthrough” deal signals how the world’s largest oil and gas producer and the biggest energy consumer are redrawing the global energy map.
UPI reports that British energy company BP and Russian supermajor Rosneft aim to explore for oil in Russia's arctic after closing on the TNK-BP acquisition, an executive said.
Gazpromneft Sakhalin, a subsidiary of Gazprom Neft and the operator of Dolginskoye oil field located on Russia’s Arctic shelf, has contracted the GSP Jupiter, a jack-up drilling rig.
Russia's second-largest gas producer Novatek said on Thursday its subsidiary had won an exploration and production license for an Arctic gas field, in line with plans to increase its resource base, Reuters reports.
Bloomberg reports that Royal Dutch Shell Plc (RDSA) will need to win approval of a full operating plan before it resumes drilling off the coast of Alaska, following a series of mishaps in its 2012 operations, the U.S. Interior Department said.
According to Barents Observer, Deputy Head of Gazprom Neft, Vadim Yakovlev, this week confirmed to journalists that his company will take over Gazprom Neft Shelf, the Gazprom subsidiary with operator responsibility for the Prirazlomnoye project.
According to a report by UPI, Shell needs to address a series of safety violations revealed by the U.S. Coast Guard regarding the company's work off the Alaskan coast, a U.S. lawmaker said.
According to a report by Barents Observer, Rosneft President Igor Sechin is seeking President Putin's blessing for a liberalization of the Russian gas export regime.
According to a report by Interfax, Russia would form a reserve of oil and gas fields in its Arctic zone under a proposal contained in the Strategy for Development of Russia's Arctic Zone and Ensuring National Security to 2020 published on the government website on Wednes