Tag Archives: Rosneft

Rosneft Develops Environmentally Friendly Drilling Fluids Production Technology

Rosneft and specialists of the Siberian Federal University have developed the technology of production of environmentally friendly drilling fluids based on seed oils and containing biodegradable components. The development of Russian green drilling fluids rivalling costly foreign analogues in terms of functionality is the task of utmost importance. Drilling fluids …

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Russia Reduces Its Dependence on Oil

Russia is successfully weaning itself off oil revenues, President Vladimir Putin said today during an annual end-of-the-year news conference, as quoted by RT. “This means that, while we’re not completely there, we are nonetheless starting to get off the so-called oil and gas needle,” Putin said, adding, “If someone still …

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Rosneft Discovers New Arctic Gas Field

According to S&P Global Plattsreport, Russian state-owned oil & gas producer Rosneft said December 9 that it has discovered a large new gas field in the Arctic Kara Sea. Rosneft is playing a key role in Russia’s Arctic strategy, which aims to capitalize on warming temperatures to transport the remote …

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Rosneft Plans to Sell Depleted Oil Fields in Russia

Russia’s largest oil producing company Rosneft plans to sell some old underperforming oil fields, mostly to local companies, at least two Moscow-based brokerages said on Tuesday following a conference call with Rosneft’s management. Sova Capital brokerage said in a note to its clients that Rosneft plans to sell some of …

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