Russia's Arctic region of Murmansk plans to build a new temporary hospital in a village where a vital liquefied natural gas supply plant is being built after an outbreak of the new coronavirus.Murmansk governor Andrey Chibis said the authorities had contained the outbreak in Belokamenka…
Gazprom Neft, the oil branch of Russian gas giant Gazprom, has shipped the 200th consignment of ARCO crude from its Prirazlomnaya offshore platform in the Russian arctic.This milestone shipment was carried out by the Mikhail Ulyanov tanker…
Russian oil company Lukoil has completed the installation of a jacket for an accommodation platform topside at the V.I. Grayfer field in the Caspian Sea. The offshore operations involved 110 workers and nine vessels, Lukoil said Monday.The facility…
Dutch heavy lift and transportation company Mammoet has said it has won its largest-ever contract at the Arctic LNG 2 project in Russia.Mammoet said Monday the contract was awarded by Technip-led joint venture NovArctic in cooperation with Saipem and NIPIgas…
Russian energy giant Rosneft on Friday re-appointed Chief Executive Igor Sechin, an ally of President Vladimir Putin, for another five years.Sechin, who turns 60 in September, turned the company into one of the world's top oil players and earned the accolade of oil tsar…
Europe's second-highest court on Wednesday rejected a challenge by the operators of the Nord Stream 1 and Nord Stream 2 pipelines against European Union gas rules, saying it was up individual member states to enforce them.Nord Stream 2, designed…
Oil prices jumped on Monday, with benchmark Brent hitting a one-month high and U.S. crude topping $30, supported by optimism about the reopening of economies and output cuts by major producers. Brent crude was up $2.32, or 7.1%, at $34.82 a barrel by 1344 GMT…
A Russian pipe-laying vessel Academic Cherskiy which Moscow can use to finish laying pipes for the Nord Stream 2 gas project, has moored near the German logistics hub in Mukran, Refinitiv Eikon tracking data showed on Monday.Led by the state gas company Gazprom…
The Russian government has extended a contract for Igor Sechin, a close ally of President Vladimir Putin, to stay as the chief executive officer of giant oil producer Rosneft for five more years, Vedomosti daily reported on Wednesday.The daily…
Russian gas giant Gazprom has named a new field discovered in the Yamal gas production center '75 Years of Victory' or 75 Let Pobedy in Russian, marking 75 years since the end of World War II and the victory over Nazi Germany.Gazprom discovered…
Exxon Neftegaz Ltd (ENL) is adjusting the schedule and scope of some of its activities at the Sakhalin-1 oil and gas project in far eastern Russia as it moves to cut spending in response to the coronavirus crisis and weak oil prices, it said on Friday…
A cruise ship has arrived in Russia's northwesterly Murmansk region to accommodate healthy staff from a construction site run by the gas company Novatek, one of Russia's coronavirus hotspots, a local crisis center said.Novatek, one of the world's top liquefied natural gas (LNG) companies…
Norwegian multi-client offshore seismic data firm TGS has completed the reprocessing of a 21,631-square kilometer regional 2D seismic survey offshore Sakhalin Island, in the Russian Sea of Okhotsk.TGS, a provider of offshore data to exploration & production (E&P) companies…
Russian oil companies are examining which wells they will cork, looking mainly at mature fields where production was falling anyway and as Moscow needs to deliver its biggest output cut ever to comply with the new global supply deal, sources said…
Oil fell 5% to around $28 a barrel on Wednesday, pressured by reports suggesting persistent oversupply and collapsing demand due to global coronavirus-related lockdowns.The International Energy Agency (IEA) on Wednesday forecast a 29 million…