JSC Gazprom Neft Company News

Recent Articles

Results 50 articles shown

OPEC+ Cut Extension Wins Support from Russian Execs
Russia's key oil producers voiced support for the idea of extending OPEC+ output cuts into the second quarter.
7:00 PM EST | February 11, 2020
Who Leads the World's E&Ps in Production Growth?
Rystad Energy ranks the world's E&Ps according to their production growth over the last five years.
8:00 PM EST | August 14, 2019
Gazprom 2015 Profit Jumps as Kremlin Demands Higher Dividend
Gazprom, the world's biggest natural gas producer, says full-year profit jumped almost five-fold, signaling the possibility of a higher dividend payout just as the Russian government needs more funds to plug its budget gap.
8:00 PM EST | April 27, 2016
Russia's Gazprom Neft to Delay Novoportovskoye Oilfield Launch
Russian oil producer Gazprom Neft will delay the start of commercial production at its key Novoportovskoye oilfield by around six months.
8:00 PM EST | April 18, 2016
Russia's Gazprom Neft, China's CNPC Agree to Cooperate in Oil Sector
Gazprom and CNPC sign a three-year memorandum of understanding to collaborate on oil projects.
7:00 PM EST | December 16, 2015
PM:Serbia to Repay Debt to Gazprom's NIS Oil Firm by 2018
Serbia will repay its $207 debt to the country's sole oil firm NIS, which is majority owned by Russia's Gazprom Neft.
7:00 PM EST | December 03, 2015
Russia's Gazprom Neft to Quadruple Exports from Prirazlomnoye, Novoport
Gazprom Neft says it will quadruple oil exports from its Prirazlomnoye and Novoport fields in Russia during 2016.
7:00 PM EST | November 23, 2015
Russian Oil Firms Raise Profits And Output, Spurred By Rouble Weakness
Russian oil firms are increasing their rouble profits and raising production as a weak currency protects their business, which has turned into one of the world's most profitable.
8:00 PM EST | August 27, 2015
Russia's Largest Oil Producer Bucks Global Drilling Slump
OAO Rosneft, the world's largest traded oil producer, increased drilling by 27% in the first seven months of the year, according to a statement.
8:00 PM EST | August 12, 2015
Gazprom Neft Reveals Production Increase in Q1 Results
Gazprom Neft announces a 15.8 percent year on year increase in hydrocarbon production volumes as part of its financial results for Q1.
8:00 PM EST | May 18, 2015
Russia's Sole Offshore Arctic Field To Double Oil Output In 2015
Gazprom Neft plans to more than double oil output this year at the Prirazlomnoye field, Russia's sole Arctic offshore oil project.
8:00 PM EST | April 23, 2015
Gazprom, PetroVietnam to Work on Pechora Sea Shelf's Upstream Projects
Gazprom and PetroVietnam sign an agreement to collaborate on upstream oil and gas projects on Russia's Pechora Sea shelf.
8:00 PM EST | April 06, 2015
Tight Oil Seen Driving Gazprom Neft Hydrocarbon Output Higher In 2015
Gazprom Neft expects to ramp up hydrocarbon production this year thanks to new projects and unconventional oil, a deputy head of the company says.
8:00 PM EST | April 01, 2015
Russia's Gazprom Neft Eyes Help from National Wealth Fund
Gazprom Neft may apply to receive money from Russia's National Wealth Fund to develop some upstream projects.
8:00 PM EST | March 10, 2015
Russia's Gazprom Neft Says 2014 Net Profit Down 32%
Gazprom Neft sees its net profit decline 32 percent to $2 billion due to a weaker rouble.
7:00 PM EST | March 01, 2015
Stage Two of Russia's Urengoyskoye Field Launched
Novatek reports the launch of the second stage of the Urengoyskoye field, onshore Russia.
7:00 PM EST | December 16, 2014
First Stage of Urengoyskoye Field Reaches Full Capacity
Novatek reports that the first stage of the Urengoskoye field, onshore Russia, reaches its full capacity of 246 Bcf of gas and 18.3 million barrels of gas condensate per annum.
7:00 PM EST | December 10, 2014
Badra Oilfield Now Exporting 15,000 Barrels per Day
Gazprom Neft says its Badra oilfield is exporting 15,000 barrels per day to Iraq's main pipeline system.
7:00 PM EST | December 07, 2014
Gazprom, Rosneft Call on Govt to Liberalize Offshore Legislation
Gazprom and Rosneft have called on the national government to permit the transfer of offshore field development licenses to their subsidiaries and to joint ventures with foreign partners.
7:00 PM EST | November 13, 2014
Gazprom Neft Expands in Orenburg Region of Russia
Gazprom Neft completes the acquisition of OOO Yugra-Intek, giving it a license to produce oil in the Kuvaisky licensing area of the Orenburg region of southern Russia.
8:00 PM EST | October 14, 2014
Gazprom Neft Says Shell Suspends Russian Tight Oil Project
Shell is suspending development of hard-to-recover oil in Russia's Bazhenov formation with Gasprom Neft after the West imposed sanctions on Russia.
8:00 PM EST | October 02, 2014
Minister: Asian Firms To Replace Western Energy Majors If They Leave Russia
Asian companies will replace Western majors if they quit energy projects in Russia due to sanctions over Moscow's role in Ukraine, Natural Resources Minister Sergei Donskoi said.
8:00 PM EST | September 21, 2014
One Millionth Barrel Delivered from Arctic Field Offshore Russia
Russia's Gazprom Neft delivers the one millionth barrel from its Prirazlomnoye field in the Arctic.
8:00 PM EST | September 14, 2014
Russia's SeverEnergia Launches New Gas Production Stage
Russia's SeverEnergia expands natural gas production at its Arctic field to help it meet output targets.
8:00 PM EST | September 14, 2014
Diplomat: EU Puts Top Russian Oil Companies on Sanctions List
The European Union puts Russia's Rosneft, Transneft and Gazprom Neft on its list of Russian state-owned firms that will not be allowed to raise capital or borrow on European markets, says a diplomat.
8:00 PM EST | September 07, 2014
Gazprom Neft Starts Commercial Production at Badra Field, Iraq
Gazprom Neft reports that commercial production and oil exports have begun at its Badra oilfield in Iraq.
8:00 PM EST | September 01, 2014
Russia's Gazprom Neft Begins Seaborne Oil Shipments from Arctic Field
Gazprom Neft starts seaborne shipments of oil to Europe from its Novoportovskoye field in the Arctic.
8:00 PM EST | August 20, 2014
Russia's Gazprom Neft Says Starts Oil Output in Iraq
Gazprom Neft starts oil production at the Badra field in Iraq.
8:00 PM EST | June 01, 2014
Gazprom Neft CEO Says Russian Oil Company Could Look Eastward if Sanctions
Gazprom Neft is ready to move away from dollars in its contracts and redirect oil flows to Asia it hit by sanctions.
8:00 PM EST | April 05, 2014
Russia's Novatek Says to Get $980M for Gas Firm Stake Sale
Novatek says it has agreed to sell a 9.8% stake in SeverEnergia to Gazprom Neft for $980 million.
8:00 PM EST | March 31, 2014
Gazprom Neft Completes Tests on 2nd Well at Iraq's Badra Field
Gazprom Neft successfully completes testing on its second well at the Badra field in Iraq, with the well delivering 10,000 barrels per day.
8:00 PM EST | March 12, 2014
Russia's Gazprom Neft Connects Badra Oil Field to Iraqi Pipeline System
Gasprom Neft connects its Badra oilfield to Iraq's oil pipeline system.
7:00 PM EST | March 04, 2014
Russia's Gazprom Neft Says Reserves Growth Outstrips Production
Gazprom Neft says its proven hydrocarbon reserves rose 12 percent last year to reach 9.8 billion barrels.
7:00 PM EST | February 26, 2014
Serbian Oil Company NIS Net Profit Up 2.5% in 2013
Serbia's NIS, subsidiary of Gazprom Neft, reports a 2.5 percent increase in net profit.
7:00 PM EST | February 17, 2014
Russia's Shell JV Starts Oil Fracking in Siberia
Salym Petroleum Development, a Russian joint venture between Shell and Gazprom Neft, as started oil fracking in Siberia, a technology seen as key to Russia maintaining its level of oil production.
7:00 PM EST | January 12, 2014
Russia's Gazprom Neft Gets First Oil at Iraqi Oilfield
Gazprom Neft produces first oil in a well test at its Badra oilfield in Iraq.
7:00 PM EST | January 08, 2014
Report: Rosneft Offered Exchange Deal over Gas Assets
Novatek and Gazprom Neft offer Rosneft an exit from their joint venture in exchange for a stake in a natural gas company.
7:00 PM EST | December 19, 2013
Russia's Gazprom Neft to Increase Investments by 32% in 2014
Gazprom Neft says it will increase spending by 32% to $8.5 billion in 2014 to prop up oil output at aging fields.
7:00 PM EST | December 18, 2013
Eni Agrees to Sell SeverEnergia Stake for $2.9B
Italy's Eni agrees to sell its stake in Russian gas producer SeverEnergia to Novatek and GazpromNeft.
7:00 PM EST | November 19, 2013
Document: Gazprom Neft, Novatek May Buy More of SeverEnergia
Gazprom Neft and Novatek consider increasing their stake in gas producer SeverEnergia.
7:00 PM EST | November 18, 2013
Hi-Tech Ops at Mature Fields Boost Gazprom Neft Production
Gazprom Neft reports that new high-technology operations at its mature fields helped it boost its overall hydrocarbon production by four percent.
7:00 PM EST | November 11, 2013
Russia's Gazprom Neft Warns New Taxes to Hurt Oil Output
Proposals to tweak taxes for oil extraction and exports will have a negative impact on oil production, warns Gazprom Neft.
8:00 PM EST | October 03, 2013
Russian Oil and Gas Duo Eye Eni's Stake in SeverEnergia - Report
Novatek and Gazprom Neft want to buy Eni’s stake in Russian gas company SeverEnergia.
8:00 PM EST | October 02, 2013
Gazprom Neft, Novatek Counter Rosneft Gas Deal - Novatek Co-Owner Timchenko
Gazprom Neft and Novatek are in talks to buy Enel's indirect stake in SeverEnergia, which Enel has already agreed to sell to Rosneft.
8:00 PM EST | September 24, 2013
Gazprom Neft Continues Siberian Shale Oil Study
Gazprom Neft approved the continued study of shale oil reserves at the Kransnoleninskoye field, Western Siberia.
8:00 PM EST | August 08, 2013
Gazprom Neft 2Q Net Profit Up 26% Yr/Yr
Gazprom Neft reports a 26-percent year-on-year increase in quarterly net profit.
8:00 PM EST | August 05, 2013
Messoyakha Flows for Gazprom Neft, TNK-BP
Gazprom Neft and TNK-BP report that first oil has been produced by the pilot project at the Vostochno-Messoyakhskoe field.
8:00 PM EST | October 16, 2012
Gazprom Neft Commences Drilling at Orenburg Field
Gazprom Neft is launching its production program in the Eastern part of the Orenburg oil and gas condensate field, where the company took control in October 2011.
7:00 PM EST | December 01, 2011
Gazprom Neft Finalizes Stake Acquisition in Orenburg
Gazprom Neft has completed its purchase of a controlling stake in ZAO Gazprom Neft Orenburg.
8:00 PM EST | October 18, 2011
Gazprom Neft, GEPetrol Ink Cooperation Agreement
Alexander Dyukov, Chairman of the Management Board of Gazprom Neft, and Candido Nsue Okomo, Director General of GEPetrol, have signed a cooperation agreement in the Kremlin.
8:00 PM EST | June 06, 2011