Turkmenistan’s state oil concern Turkmenneft has completed a second super-deep well at a new oil and gas discovery.
The BP-led consortium managing Azerbaijan’s flagship Azeri-Chirag-Deepwater Gunashli (ACG) oil project has signed off on a US$6 billion expansion plan.
Azerbaijan’s SOCAR and UK-based independent Nobel Upstream have managed to triple production at the Umid-Babek block in the Caspian Sea after bringing a new well on stream.
Russia’s Lukoil has finalised a PSA to explore and develop the Zhenis block in the Kazakh zone of the Caspian Sea, clearing the way for work on the site to begin.
Russia’s Gazprom has taken an FID on a US$10.7 billion gas processing and LNG production complex on the Baltic Sea coast.
Russia’s Gazprom has kicked off full-scale development of a major gas field on the Yamal Peninsula – an area tipped to become the country’s biggest hub for gas extraction.
Rosneft has more than doubled production at the Srednebotuobinskoye oilfield in Yakutia – one of its largest greenfield projects in Eastern Siberia.
Gazprom Energoholding, the electricity arm of Russia’s state gas exporter Gazprom, has started construction on a new 200-MW gas-fired thermal power plant (TPP) in northern Serbia.
Oil production at the offshore Kashagan field in Kazakhstan has finally reached its first-stage target level, over a year behind schedule.
Novatek’s Arctic LNG-2 project has been dealt a blow after Russia’s Federal Antimonopoly Service (FAS) concluded it lacked the authority to approve Total’s bid for a stake in the US$25.5 billion...
The Georgian government has been criticised by opposition lawmakers for entering into talks to resume Russian gas supplies.
US oilfield services group Schlumberger has dropped its bid for a share in Russia’s Eurasia Drilling (EDC), regulators in Moscow have reported.
Russian businessman Eduard Khudainatov is seeking state support for an Arctic project being developed by his Neftegazholding oil company.
A court in Chechnya has ordered Russia’s national gas company Gazprom to write off 9 billion rubles (US$136 million) in gas debt in the North Caucasus republic, prompting other Russian regions to...
Nizhnekamskneftekhim (NKNK), one of Russia’s leading petrochemical producers, has hired Denmark’s Haldor Topsoe for licensing and engineering services at a new methanol unit.