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Russia may go it alone on arctic exploration

Russia may go it alone on arctic exploration

MOSCOW, Oct. 23 (UPI) --Russian energy companies should join forces for exploration in the arctic as part of a strategy to counter Western sanctions, a Kremlin official said Thursday.
Daniel J. Graeber
Russian inflation spikes on sanctions pressure

Russian inflation spikes on sanctions pressure

MOSCOW, Oct. 22 (UPI) --Economic pressure on Russia's energy sector is taking its toll as the annual inflation rate topped the 8 percent mark, the Russian Central Bank said Wednesday.
Daniel J. Graeber
Greenpeace irked by Dutch ties to arctic oil

Greenpeace irked by Dutch ties to arctic oil

AMSTERDAM, Netherlands, Oct. 6 (UPI) --Environmental advocacy group Greenpeace said it was frustrated the Dutch government was putting its oil interest above that of protecting the arctic.
Daniel J. Graeber
Sanctions ball in Russian court, U.S. says

Sanctions ball in Russian court, U.S. says

WASHINGTON, Oct. 3 (UPI) --Sanctions targeting the Russian energy sector will be rolled back once the Kremlin addresses its obligations in Ukraine, a U.S. State Department official said.
Daniel J. Graeber
Gazprom Neft targets Siberian shale

Gazprom Neft targets Siberian shale

MOSCOW, Oct. 2 (UPI) --A subsidiary of Russian oil company Gazprom Neft said Thursday it embarked on a new stage of assessing the shale oil potential in Western Siberia.
Daniel J. Graeber
Sanctions hurt, Russian Central Bank says

Sanctions hurt, Russian Central Bank says

MOSCOW, Oct. 2 (UPI) --The head of the Russian Central Bank said Thursday sanctions on the energy sector are getting in the way of efforts to control inflation.
Daniel J. Graeber
Exxon says it's safe from Russian sanctions

Exxon says it's safe from Russian sanctions

MOSCOW, Sept. 30 (UPI) --Exxon Mobil can operate freely with Russian energy company Rosneft at a Far East energy project without fear from sanctions, a spokesman said.
Daniel J. Graeber
Arctic oil bound for Europe, Gazprom Neft says

Arctic oil bound for Europe, Gazprom Neft says

MOSCOW, Sept. 22 (UPI) --Russian oil company Gazprom Neft said Monday the second tanker of oil taken from an arctic field was delivered to European customers.
Daniel J. Graeber
EIA: Russia diversifying energy production

EIA: Russia diversifying energy production

WASHINGTON, Sept. 19 (UPI) --Russia is looking to develop energy in hard-to-reach areas as legacy production falls from its peak, the U.S. Energy Information Administration found.
Daniel J. Graeber
Russian bank boss feeling sanctions pain

Russian bank boss feeling sanctions pain

MOSCOW, Sept. 19 (UPI) --It will be "very hard" to maintain economic growth in Russia amid sanctions pressure on its energy sector, the head of Russia's largest bank said Friday.
Daniel J. Graeber
EBRD: Sanctions hurting Russia

EBRD: Sanctions hurting Russia

LONDON, Sept. 18 (UPI) --Sanctions imposed in response to the situation in eastern Ukraine have resulted in a loss of business confidence in Russia, a European bank said Thursday.
Daniel J. Graeber
Gazprom Neft marks arctic milestone

Gazprom Neft marks arctic milestone

MOSCOW, Sept. 15 (UPI) --Russian oil company Gazprom Neft said Monday it reached a milestone with the production of its 1 millionth barrel of oil from the arctic Prirazlomnoye field.
Daniel J. Graeber
EU enforces new sanctions on Russia

EU enforces new sanctions on Russia

BRUSSELS, Sept. 12 (UPI) --New sanctions against the Russian energy sector entered into force Friday in response to continued aggression in Ukraine, the European Union declared.
Daniel J. Graeber
Gazprom Neft, Weatherford join hands

Gazprom Neft, Weatherford join hands

MOSCOW, Sept. 11 (UPI) --Russian energy company Gazprom Neft announced it signed a technology-sharing deal with oil services company Weatherford International.
Daniel J. Graeber
Gazprom Neft exporting new Iraqi oil

Gazprom Neft exporting new Iraqi oil

MOSCOW, Sept. 2 (UPI) --Russian energy company Gazprom Neft said oil from the Badra field in southern Iraq is making its way to the Persian Gulf for exports.
Daniel J. Graeber
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Wiki

Gazprom Neft (RTS:SIBN, MICEX:SIBN, LSE: GAZ, FWB: SCFF) (Russian: Газпром нефть) is the fifth largest oil producing and refining company in Russia. It's the oil arm of Gazprom, which owns 80% of Gazprom Neft's shares with the option to buy the rest of 20% for US$ 3.7 billion at any time until April 2009 from EniNeftgaz, a joint subsidiary of Italian companies Eni and Enel.

Gazprom Neft's central office is located in Moscow; however, the company is already registered in St. Petersburg where it also has an office. Upon the completion of their new office building, known as Gazprom City in St. Petersburg, Gazprom Neft is going to move its headquarters to Saint Petersburg in the near future. It is currently the largest employer in Omsk and Noyabrsk.

Gazprom Neft was created under the name Sibneft (Russian: Сибнефть) in 1995 by Presidential Decree №872, issued on 24 August 1995. A government resolution was signed on 29 September, and the State Property Committee on 11 October ordered that the state's shares in oil producing enterprise Noyabrskneftegas, the Omsk Refinery, exploration enterprise Noyabrskneftegasgeophysica and marketing company Omsknefteprodukt all be transferred to Sibneft.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Gazprom Neft."
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