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.
The European Bank for Reconstruction and Development (EBRD) has cancelled a loan intended to support Turkmenistan’s offshore oil industry, following pressure from a human rights watchdog.
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.
Kazakhstan aims to strike a deal later this month to sell gasoline to neighbouring Kyrgyzstan, posing a threat to Russia’s market share.
Irkutsk Oil Co. (INK), a mid-sized oil producer in Eastern Siberia, has reportedly offered Russian petrochemicals giant Sibur a stake in a polymer project.
Russia’s Gazprom Neft has won drilling rights to another tract of land in the Arctic, as it continues its search for new oil discoveries.
Yermak-Neftegaz, a JV between long-time partners Rosneft and BP, has shored up plans to sink its first exploration well next year at the West-Yarudeisky block in Russia’s Yamal Nenets region.