The chief executive of Russian oil producer Gazprom Neft said he expects global oil consumption to return to pre-crisis level in the second half of 2021, slightly later than the energy ministry’s forecast for the second quarter. Speaking at a conference – first large-scale industry event since Russia scrapped public …
Read More »Gazprom Neft Sees Oil Prices Topping $30 This Summer
Oil prices will top $30 a barrel this summer as demand will start to recover slowly, Alexander Dyukov, CEO at Russian oil producer Gazprom Neft, told a Russian television channel in an interview. Dyukov said that he hoped oil prices would exceed $30 a barrel in the summer and approach …
Read More »Russia`s Lukoil Support Further OPEC+ Cuts
OPEC+ is still waiting for Russia to clarify its position on deeper oil output cuts.
Read More »OPEC should Raise Oil Output
Iraq’s government is expected to launch a tender to develop the field this year.
Read More »Technology Center to Be Established for Developing Achimovsky-Strata Oil Deposits in Russia
This new center is being established to bring Achimovsky reserves—which are categorized as hard-to-recover reserves—into development.
Read More »Technology Center to Be Established for Developing Achimovsky-Strata Oil Deposits in Russia
Gazprom Neft and the Government of the Yamalo-Nenets Autonomous Okrug are to expand their cooperation in developing viable technologies for exploiting Achimovsky-strata oil deposits.
Read More »Gazprom Neft to Develop Digital Technologies in Conjunction with Skoltech
The signed agreement is directed at promoting a long-term partnership between the two organizations to promote the development of promising projects and new opportunities in oil and gas.
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