Gazprom Neft PJSCGZPFY
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31,070About
Gazprom Neft is the third-largest oil producer in Russia and ranked third according to refining throughput. It is a subsidiary of Gazprom, which owns about 96% of its shares. The company is registered and headquartered in St. Petersburg after central offices were relocated from Moscow in 2011.
Editor's note: Updated Dec. 30, 2019.
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News
Gazprom Says it Will Halt Gas Supplies to France’s Engie
In a statement, Gazprom said Engie had not paid in full for July deliveries of gas. Europe is already on notice that Gazprom will shut off the Nord Stream 1 gas pipeline to Germany for maintenance.
US Waives Sanctions on Russia’s Nord Stream 2 Pipeline to Germany
The decision to waive sanctions on the company behind Russia’s Nord Stream 2 gas pipeline and its CEO came as the Biden administration seeks to rebuild ties with Germany.
Russia Says Poland’s Nord Stream 2 Fine Was Made to Please US
Poland on Oct. 7 fined the Russian gas giant more than 29 billion zlotys (US$7.6 billion) for building the Nord Stream 2 pipeline without Warsaw's approval.
Russia’s Gazprom Neft Discovers Oil Field in Urals Region
The company said the Roshchinskoye oil field has “geological reserves” of 4 million tonnes (29.3 million barrels).
Repsol Pulls Out of Planned Arctic JV in Russia
A deal on the venture, in which Gazprom Neft would hold a 50% stake and Repsol and Shell each own 25%, was expected to close this year.
Shell Ditches Russian Arctic Oil Joint Project
Total resources at fields of Meretoyakha Neftegaz were valued by Gazprom Neft at 1.1 billion tonnes (over 8 billion barrels of oil).
Halliburton, Gazprom Neft Sign Memo on Cooperation in Russia
The operations at the Achimov Formation are not subject to sanctions.
Exploring Riches Under The Arctic
While few parts of the Arctic are seeing an uptick in exploration activity, most countries are making slow progress.
Shell, Gazprom Neft Form Joint Venture For Oil Fields In Yamal
The fields are estimated to hold reserves of about 1.1 billion tonnes of oil.
Russian Oil Output Falls In April But Fails To Reach Reduction Target
Officials want to raise the production quota, pointing to improved market conditions.
Russia’s Gazprom Neft Boosts Oil Output Capacity In Kurdistan
Gazprom Neft plans to produce 1.2 million tonnes at Sarqala in 2019, of which its share will reach more than 0.5 million tonnes.
Gazprom Neft, Schlumberger Develop Cooperation In Well Logging
Gazprom Neft and Schlumberger made an agreement on technological cooperation in well logging on March 25.
US LNG Plants Have Already Made A World Of Difference
Customers like Poland are able to diversify their supplies of gas, challenging Gazprom’s domination of the European market.