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14.04.2014 Russia’s Vankorneft increases scope of geological exploration works

Vankorneft (Rosneft subsidiary) is planning to carry out the highest scope of geological exploration works during the 10 years of its operation, Rosneft’s press office has said.

11.04.2014 Russia’s Varyegannetegaz to look for more gas in Yugra region

Varyeganneftegaz, a subsidiary of Rosneft, is launching the first stage of a program to look for more gas at the blocks licensed to it in the Khanty-Mansi autonomous area (Yugra). This was discussed at a round table on the development of Rosneft’s subsidiaries in Yugra.

07.04.2014 Russia’s Rosneft to build oil pipeline for Suzunskoye deposit

Rosneft had announced a tender to build a 78-km pipeline to link the Suzunskoye deposit to the Vankor block. Construction is planned for May 2014 – September 2016. Finmarket said that the project is estimated at 3.7bn rubles.

04.04.2014 Russia’s Rosneft extends three licences in Krasnodar Territory

Rosneft has extended its licenses to produce oil and gas in three blocks in Krasnodar Territory – East-Severskoye, Zybza-Gluboky Yar and Novo-Dmitriyevskoye, Prime has reported. Rosneft received the licenses in 2006.

03.04.2014 Russian gas output down in Q1 2014

Russia’s gas production decreased by 1.6% in the first three months, as compared to the same period of the preceding year, and stood at 180,491 billion cubic meters, the central fuel and energy supervisory department said in its report made public on April 2, Itar-Tass h

03.04.2014 Norway’s Statoil strengthens ties with Russia’s Rosneft

Oslo called off its environmental minister’s visit to Moscow, cancels military cooperation, but has no objections that Statoil expands cooperation in the Barents Sea with one of Putin’s most important source of income, Barents Observer reported on April 2. Rosneft.

03.04.2014 Russias’ Rosneft buys Orenburg Drilling Company

Rosneft completed acquisition of 100% share in Orenburg Drilling Company from VTB-Leasing Group, Rosneft’s press office said on April 2.

02.04.2014 Russia’s Rosneft to invest 4.2bn rubles in Itera

Rosneft’s board has decided to contribute an additional 4.19bn rubles to Itera’s statutory capital. The board also approved Rosneft’s plan to evaluate Itera’s shares.

02.04.2014 Russian Rosneft's Siberian oilfield start delayed

Rosneft plans to start production at its Yurubcheno-Tokhomskoye oil field in eastern Siberia in 2017, the company said on April 1, another delay for a field key to Russia's efforts to at least keep oil production at current levels, Reuters has reported.

01.04.2014 Russia’s Rosneft, Norway’s Statoil discuss cooperation

Rosneft chairman Igor Sechin has met with Statoil executive director Helge Lund in Norway. They discussed joint projects in the Barents Sea (Perseyevsky) and the Sea of Okhotsk (Magadan-1, Lisyansky and Kashevarovsky).