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Russia upstream news

ESAI Energy: Russian crude exports soar in April

Russian crude exports will reach a multiyear high of 5.7 million bpd in April, 400 000 bpd higher than average exports in the previous 5 months, according to a Market Alert released by ESAI Energy.


NOVATEK discovers North-Obskoye field

The company has announced that its wholly owned subsidiary OOO Arctic LNG 3 has completed the testing of the first exploration well at the North-Obskiy license area located in the shallow waters of the Ob Bay.


Zoltav Resources planning well on the Bortovoy Licence, Saratov, in 2018

Zoltav, the Russia-focused oil and gas exploration and production company, has provided an update on the Company's exploration programme to assess the resource potential of the Carbonian and Devonian structures in the Western Fields of the Bortovoy Licence, Saratov.  


NOVATEK wins bid for the gas assets of ALROSA

PAO NOVATEK (NOVATEK) won the open auction to acquire a 100% stake in Maretiom Investments Limited and 100% of Velarion Investments Limited from ALROSA.