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02.09.2014 Russia's August Oil Production Rises to 10.52 mln bpd

Russian oil output edged up to 10.52 million barrels per day (bpd) in August, up from 10.39 million bpd in July, Energy Ministry data showed on Tuesday.
In tonnes, oil output reached 44.472 million versus 43.948 million in July.

03.06.2014 Russian oil production down in May

Russian oil and gas condensate output edged down 0.1 percent in May from April, declining for the fifth month in a row in terms of daily production, Energy Ministry data showed on June 2, on the back of the depletion of fields in West Siberia, Reuters has reported.

02.06.2014 Russia’s gas export soars 50% in May

Russia’s gas exports soared 50% on the year to 17.2 billion cubic meters in May, the Central Dispatching Department of the Fuel and Energy Complex, or CDU TEK, an agency that provides data and analysis to the Energy Ministry, said on June 2, ITAR-TASS has reported.

19.05.2014 Russia Implements New Rules for Calculating Oil Production

New rules to calculate oil production, approved by Prime Minister Dmitry Medvedev, have been posted on the Russian government’s website. The rules were drafted by the energy ministry.

15.05.2014 Russian ministry mulls testing new tax on nine deposits

The Russian Energy Ministry is going to choose nine oil and gas deposits for a pilot project to test a new variable profits-based tax (NDD), Energy Minister Aleksandr Novak has said.

28.04.2014 Mexico’s Pemex crude output record low in March

Crude oil production from Mexico's state-run oil company Pemex totaled 2.469 million barrels per day (bpd) in March, the company said on April 25, marking the lowest level of output since the 1990s, Reuters has reported.

24.04.2014 Italian Enel submits applications for oil and gas exploration in Greece

Italian energy group Enel has submitted three applications to search for oil in three different areas of Greece, Independent Balkan News Agency reported on April 23.

22.04.2014 Russia to ship 23mn tons of oil to Belarus in 2014


Russia will supply Belarus with 23 million tonnes of oil in 2014, BelTA on April 18 learned from Olga Golant, Press Secretary of the Russian Federation Energy Ministry.

15.04.2014 Mexico's proven oil and gas reserves down in 2013

Mexico's proven oil and gas reserves fell 3.1 percent in 2013, according to energy ministry data, as the nation's once-ample shallow water deposits begin to run dry, Reuters reported on April 14.

04.04.2014 Russian coal output to grow - minister

The Russian Energy Ministry forecasts hike in the coal production in the country to 480 million tonnes by 2030, Energy Minister Aleksander Novak told the government’s meeting on April 3, Itar-Tass has reported.