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28.01.2014 Russian Gazprom Neft board reviews debt portfolio, procurement procedure

Gazprom Neft’s Board of Directors has reviewed the Company’s debt structure, Gazprom Neft’s press service said on January 27.

20.01.2014 Russia’s Gazpromneft-Khantos production up 7.5% in 2013

Gazpromneft-Khantos, a subsidiary of Gazprom Neft, produced a record high 13.7mn tons of oil last year, 7.5% more than in 2012 and 0.67mn tons more than expected, the company’s press service has said.

17.01.2014 S&P raises outlook on Russia’s Gazprom Neft from stable to positive

The international rating agency Standard and Poor’s (S&P) has raised the outlook for Russia’s Gazprom Neft from stable to positive and confirmed its rating at BBB-, Itar-Tass reported on January 16.

16.01.2014 Gazprom Neft increases stake in SeverEnergia

Yamal Development has acquired a 60 percent holding in Artic Russia B.V. from Italy’s Eni, Gazprom Neft’s press service said on January 15. Artic Russia B.V. owns a 49-percent equity interest in SeverEnergia.

16.01.2014 Russia’s Novatek increases stake in SeverEnergia to 59.8%

Novatek announced on January 15 the completion of a deal by Yamal development (a 50/50 Joint Venture between Novatek and OAO Gazprom Neft) to acquire a 60% equity stake in Artic Russia B.V. from the Italian energy company, ENI. Artic Russia B.V.

15.01.2014 Russia’s Gazprom Neft, Shell set up shale oil JV in West Siberia

Russian oil company Gazprom Neft and Royal Dutch Shell have set up a joint venture to develop shale oil in the Khanty-Mansi Autonomous District in Western Siberia, a Shell unit representative told Prime on January 14.

15.01.2014 Gazprom Neft buys Russia's largest polymer modified bitumen plant

Gazprom Neft said on January 14 it has acquired 100% of the authorized capital of SYNTAZ OIL LLC, which owns Ryazan Petrochemical Experimental Plant JSC.

14.01.2014 Salym Petroleum produces 50.5mn barrels of oil in Russia in 2013

Salym Petroleum, a joint venture of Gazprom Neft and Shell, produced 7mn tons of oil (50.5mn barrels) in 2013.

Since the start of the project, production at the Salym formation has thus exceeded 51mn tons of oil.

14.01.2014 Gazprom Neft gets third ship for Prirazlomnoye

The multi-functional vessel Vengery has been added to the fleet of the Prirazlomnoye project. The Vengery will be in the vicinity of the Prirazlomnaya platform, ready for any emergency situations.

14.01.2014 Shell-Gazprom JV starts fracking Russian shale oil formation

Royal Dutch Shell Plc (RDSA) and OAO Gazprom Neft began a drilling campaign to assess the potential of Siberia’s Bazhenov formation, reckoned to be one of the world’s largest deposits of shale oil, Bloomberg reported on January 13.