Oil and Gas Industry Latest News

19.07.2013 Reuters - Little Chance Of Europe Breaking Russia's Gas Dominance

According to a special report from Reuters, the European Union will have a difficult time weaning itself from Russian hydrocarbons.

19.07.2013 "Strength of Siberia" Gas Pipeline To Be Built Only After Signing Agreement With China

Deputy chair of Gazprom Vitaliy Markelov told journalists that construction of the Strength of Siberia gas pipeline will only begin after agreements are reached on gas supplies to China.

18.07.2013 Rosneft, Sakhalin Region Broaden Cooperation

Rosneft President Igor Sechin and Sakhalin region’s Governor Alexander Khoroshavin signed a Supplement to the Cooperation Agreement. The parties agreed to discuss the construction of an LNG facility and all required gas pipeline infrastructure in the region.

18.07.2013 High Score — Gazprom Neft's Moscow Refinery Finishes First Stage of Modernization

The first stage of modernization at Gazprom neft's Moscow Refinery, which began in 2011, has been completed. The final step in this stage was the launch of the gasoline catalytic cracking hydrotreatment unit and the light naphtha izomerization unit.

17.07.2013 Gazprom Neft's Moscow Refinery Switches To Euro-5 Fuel Production

Gazprom Neft's has reported that a catalytic cracking and hydrotreating unit and light naphtha isomerisation unit have been put into operation at Gazprom Neft’s Moscow refinery.

15.07.2013 Russia’s Oil Duty Set to Rise 2.9% in August After Urals Climbed

Bloomberg reports that Russia will likely boost duties on most oil shipments abroad by 2.9 percent on Aug. 1 after Urals crude prices rose.

15.07.2013 Strauss-Kahn Joins Board Of Russian State Oil Major's Bank

Dominique Strauss-Kahn, the former head of the International Monetary Fund, has joined the supervisory board of a bank owned by Russian state oil major Rosneft, according to a report by Reuters.

15.07.2013 Tatneft Power Professionals Conduct Successful Network Engineering Test

JSC Tatneft has successfully tested new engineering device know-how: selective protection of single-phase ground faults at the operating substations.

15.07.2013 Gazprom, Shell Aim for Oil in Khanty-Mansiysk-Yurga

Gazprom CEO Alexey Miller and Shell's Executive Director Peter Voser met to discuss production on Russia's Arctic shelf, Pravda, Urfo reports.

15.07.2013 Gazprom to Pay 22.4 Billion Roubles for Barents and Karsk Sea Fields

The Russian government has awarded Gazprom the Ludlow gas field in the Barents Sea without requiring a tender, according to a government letter dated July 9.