The Russian National Committee for United Nations Environment Programme (UNEPCOM) endorsed Rosneft and the Russian Geographical Society's initiative to continue its Arctic research program. This program will help define the principles of economic activity regulations in the region…
South Stream Transport, the company charged with overseeing the planning, construction and operation of the South Stream pipeline is ready to start construction on the most complicated part of the project, Gazprom says. Once built, South…
South Korea’s Daewoo Shipbuilding and Marine Engineering (DSME) yard ordered a total of 54 Wärtsilä Corp. dual fuel engines to power 172,600cbm icebreaking LNG carriers. The icebreaking LNG carriers…
Rosneft has concluded seismic data acquisition on the East-Siberian-1 Block in the offshore area of the East Siberian Sea. The company carried out the seismic data survey independently with R/V Orient Explorer, with the amount of 2D work totaling 2000km…
How much does Russia’s oil and gas industry stand to lose in light of increasing Western sanctions? Sarah Parker Musarra reports. In April 2014, the first oil produced from the Russian Arctic Shelf…
Gazprom Neft, the fourth largest oil producer in Russia and the subsidiary of Gazprom, may consider the possibility of suspension of implementation of several projects on the Russian shelf, due to sanctions, imposed on Russia. Alexander Dyukov…
The Saint-Petersburg International Mercantile Exchange (SPIMEX) began on-exchange natural gas trading. The opening ceremony was attended by Rosneft head Igor Sechin (photo, at right), who is also Chairman of the Management Board of SPIMEX…
Total’s board of directors has appointed a new CEO, following the death of its chairman and CEO Christophe de Margerie (pictured right) in a plane crash in Moscow late on Monday night. Patrick Pouyanné, Total’s President of Refining & Chemicals…
Total's CEO Christophe de Margerie has died in a plane crash at Moscow's Vnukovo Airport just after 10pm (Paris time) last night (20 October). The 63-year-old was on a Dassauly Aviation SA Falcon business jet, which was bound for Paris…
RWE’s sale of its exploration and production subsidiary RWE Dea AG to a Russian investor is still going ahead, the firm says, despite a question mark over the UK assets involved. The US$7 billion deal, with Russian-backed LetterOne Group…
The fifth SPE Russian Oil & Gas Exploration and Production Technical Conference and Exhibition at the All-Russian Exhibition Center in Moscow hit a record attendance on its first day with 1,775 unique attendees, marking a 19% increase on the previous event in 2012…
ExxonMobil chief executive officer Rex Tillerson spoke at the first-ever Greater Houston Partnership’s “State of Energy” event, giving his perspectives on the intrinsic ties between the energy industry and the city of Houston and highlighting North America’s…
The fifth biennial Society of Petroleum Engineers (SPE) Russian Oil and Gas (ROG) Exploration and Production Technical Conference and Exhibition is set to focus on sustaining production levels by challenging the limits with technology. This year’s conference…
The test frame for Allseas’ mega-vessel Pieter Schelte arrived at BOW Terminal in Vlissingen. The En Avant 20 tugging the test frame. From Muller. Volker Staal en Funderingen (VSF) awarded…
Russian oil exploration giant Rosneft has said it and partner ExxonMobil have made an oil discovery on the Universitetskaya-1 well in the Arctic, despite US and European Union sanctions. Rosneft said the well, in the East-Prinovozemelskiy-1 license in the Kara Sea…