Latest news
Russian government to keep gas tax for independent producers
The Russian government decided to keep the mineral extraction tax on the independent gas producers unchanged in 2012, Finance Minister Alexei Kudrin said on Wednesday. According to him, the increase of the mineral extraction tax will affect the gas monopoly, Gazprom.
read more... 03/06/2011
Rosneft and Lukoil inked a long-term cooperation agreement
The two largest oil Russian companies, Rosneft and independent producer Lukoil have signed an agreement for long-term cooperation.
read more... 26/04/2011
Matra Petroleum to begin oil production in the Sokolovskoe Field, Russia
Matra Petroleum, an independent oil and gas exploration and production company which is actively operating in Russia since 2006 and is constantly examining the potential for oil and gas over there, announced that it has begun the production for both existing wells in the Sokolovskoe field, Russia.
read more... 06/04/2011
Exillon Energy appraises oil findings in Western Siberia
Exillon Energy, a British independent oil company with upstream operations in two oil rich regions of northern Russia, has revealed an oil finding from the appraisal well 5 (EWS I - 50P) in western Siberia.
read more... 29/03/2011
Putin criticizes Gazprom’s inefficiency
The Russian Prime Minister, Vladimir Putin accused Gazprom, the biggest Russian energy company, of being inefficient in its activity and refusing to share its LNG pipelines with independent producers.
read more... 22/02/2011