Keyword: oil Russia

News

Gazprom Neft, Japan to Start Siberia Oil Output in 2016

07.06.2013 - Gazprom Neft and Japan's JOGMEC will start jointly producing oil in East Siberia in 2016, the head of the Russian company said on Friday. Gazprom Neft, the oil arm of Russian gas...

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Gazprom Neft, Shell to Team Up on Shale Oil, Arctic

05.04.2013 - Gazprom Neft and Royal Dutch Shell will agree to drill for shale oil in Western Siberia and explore Russia's Arctic shelf when President Vladimir Putin visits the Netherlands next...

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Rosneft 2012 Net Profit Up 7% While Cash Flow Halved

01.02.2013 - Rosneft came in slightly below forecasts with a 7% rise in 2012 net profit on Friday while free cash flow halved ahead of its $55 billion takeover of TNK-BP, sending shares in...

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Rosneft Leads Russian Oil Output to New High

02.01.2013 - More crude from state-owned top producer Rosneft kept Russian oil output the highest in the world last year, ahead of Saudi Arabia, Energy Ministry data showed on Wednesday. Crude...

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Former Exec to Return to TNK-BP as Adviser

30.05.2012 - Maxim Barsky, who resigned last year as deputy chief executive of Anglo-Russian oil firm TNK-BP after failing to win BP's support to become CEO, will return as an adviser, two...

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Oil Firm TNK-BP Plans Power Plant for Own Needs

28.03.2012 - Russia's third-largest oil producer TNK-BP said it has prepared a plan to increase power generation to cover the bulk of what it needs, partly to limit the single largest cost on...