The Nord Stream 2 project being implemented in the interests of European consumers of natural gas as well as Russia will be successfully completed despite tightening of sanctions regimes
The first face-to-face meeting between US and Russian Presidents held on the sidelines of the G20 Summit on July 7th set a constructive tone to solve the most important issues in the field of economy and energy in particular confronting not only Russia and the United States
Corporation Energy has sponsored the juvenile literary miscellany “Serebryanye Sverchki” (Silver Crickets), the fifth issue of which was published in June 2017.
After successful completion of Rosneft privatization the company has demonstrated rapid growth of capitalization at the beginning of 2017 exceeding $73 billion which is fully consistent with Corporation Energy forecast made in November 2016 when Corporation Energy expressed confidence that Rosneft capitalization will achieve $80-100 billion in the period of 2017-2018.
Such issues as open borders, migration policy, social justice, foreign policy of Germany and energy issues which dominated the election campaign before the Bundestag elections on September 24 became the center of participants’ attention of the Forum.
Both an extension of the production cuts agreement made by OPEC countries and a decision to begin consultations with non OPEC producers open the perspective for oil price stabilization corresponding just prices in global energy markets.
On May 25, 2017 OPEC agreed to extend oil production cuts for another nine months and to start consultations on this issue with non- OPEC countries.
I heartily congratulate the employees and the partners of Corporation Energy, as well as all the visitors to the Internet portal of the Fund on Victory Day in the Great Patriotic War!
Hereby we would like to warn about the following website www.fundenergyuk.com to be false. We draw you attention that the website www.corporationenergy.ru is the only official website of Corporation Energy.
The computer equipment for the shooting range, prizes and treats for young athletes were contributions made by Corporation "Energy" in the organization of the first biathlon tournament in the history of the Moscow region held among pupils of educational institutions for children-orphans and children left without parental care.
In an interview to the "Wall Street Journal" published on January 27, Founder of Corporation Energy Igor Yusufov “expressed support for U.S. President Donald Trump's nominee for Secretary of State
Corporation "Energy" and Gazprom VNIIGAZ have signed a Memorandum on cooperation in the field of design research and technical support of the Fund projects for geological studying and hydrocarbon production in Western and Eastern Siberia.
Following talks between Energy Minister Igor Yusufov with key Ministers of OPEC countries Russia’s cutting of oil output taken in 2001 as a token of solidarity with OPEC
Packages of the scene sound-amplifying equipment and treats for kids – these were the presents that Corporation Energy representatives brought to the New Year celebration that took place December 28 at music school- orphanage in Mitischi.
Corporation Energy has made an investment decision on starting developing Malotambeiskiy block at Yamal peninsula on its own.
Russia’s move from feedstock towards innovational resource development provided by Energy Strategy of Russia for up to 2030 is an economical imperative. Mid-scale oil and gas companies flexible in making investment and technological decisions may make the unique positive contribution to this important evolution. This is stated in the speech presented by Corporation Energy at Moscow International Engineer Forum in Moscow, 23-24 November.
In the nearest future it is necessary to execute the economically viable and reasonable government decree on the sale of 19,5% stocks of Rosneft for about 700bn rubles.
Further to the successful closing of the deal on Basneft stocks purchase by Rosneft and the effective asset consolidation...
Corporation Energy along with the largest oil and gas companies of Russia became the partner in organization and holding VIII All-Russian convention of geologists.
As a participant of the Bashneft privatization process Corporation Energy welcomes and supports the decision of the government to sell 50,075% of company’s stocks to Rosneft. Accepted terms of the deal, in particular the high price and very short terms of payment, are the most economically beneficial for the government and Russia’s budget in the current circumstances.
Corporation Energy welcomes the government's decision to continue the dialogue with investors on Bashneft privatization in the nearest future.
After consideration of applications for the mineral rights by Department for Subsurface Resources Management of Central Siberian Federal District in late June, 2016, Corporation Energy has become the owner of licenses for three blocks located at the territory of Krasnoyarsk Region.
The production of the first million tons of oil was marked out at the Yarudeyskoye oil, gas and condensate field, the joint project of Corporation Energy (49%) and OAO NOVATEK (51%). The planned production capacity of 9,700 tons of crude oil per day (3.5 million tons per annum) was reached at the oilfield in mid-January, 2016.
February 19 a working visit of Corporation Energy team to the capital of Kazakhstan, Astana, took place in order to meet the representatives of National Company “KazMunayGas” (KMG) – the largest oil and gas company of Kazakhstan and one of the leading oil and gas companies in the world.
At the Yarudeyskoye oil, gas and condensate field, the joint project of Corporation Energy (49%) and OAO NOVATEK (51%), the planned production capacity of 9,700 tons of crude oil per day (3.5 million tons per annum) was reached.
Commercial production of hydrocarbons began at Yarudeyskoye oilfield. Target level of daily production estimated at about 3,5 mln tons per year is planned to be reached within the shortest time.
As a result of a state auctions organized by Department for Subsurface management of Urals Federal District Corporation Energy’s structure received licenses
May 26, 2015 the launching commission on the exploratory well №22-Р drilling was held at the Karasevskoye oilfield within Project YAMAL. As a result of the commission which included the representatives of Corporation Energy, Hallibuton and NUBK (Novourengoyskaya drilling company) the well drilling was given a start.
Five companies including “Rosneft” and “Gazprom neft” aspire to buy a license for one of the country’s largest remaining oilfields.
February 11, 2015 three court sessions took place in the Eighth commercial Court of appeal in Omsk on reviewing petitions of appeal from Nefte Petroleum Limited on the decisions of the Commercial court of YNAO.
As a result of a state auction organized by Department for Subsurface management of Urals Federal District Corporation Energy’s structure received licenses on subsurface use at Severo-Perevalniy and Verkhnesemieganskiy blocks (License №SLH 15838 НП (№SLH 15838 NP) and №СЛХ 15839 НП (№SLH 15839 NP) dated February 2, 2015 valid until January 31, 2022).
Former Minister of Energy Igor Yusufov – about the development of his oil and gas projects, oil price and a conflict with “Novatek”
November 26, 2014 the court session took place in the commercial court of Yamalo-Nenetskiy Autonomous District in Salekhard to review the court preference filed by Nefte Petroleum Limited on cancelling the approved security claim of Novatek.
As a result of a state auction organized by Department for Subsurface management of Urals Federal District Corporation Energy’s structure received a license on subsurface use at Aikhettinskiy and Yuzhno-Palnikovskiy blocks (License №СЛХ 15809 НП (№SLH 15809 NP) and №СЛХ 15808 НП (№SLH 15809 NP) dated November 26, 2014 valid until November 27, 2021).
November 19, 2014 the court session took place in the commercial court of Yamalo-Nenetskiy Autonomous District to review the court preference filed by Nefte Petroleum Limited on cancelling the approved security claim.
Nefte Petroleum Limited owns 49% in the Joint Venture – YARGEO LLC, its charter capital is 4,87 bln rubles (the information is available in the public domain).
November 3, 2014 Nefte Petroleum Limited, included in Corporation Energy structure, was informed about rendering of ruling by commercial court of Yamalo-Nenetskiy Autonomous District on taking measures for security of Novatek’s claim to the company.
As a result of a state auction organized by Department for Subsurface management of Urals Federal District Corporation Energy’s structure received a license on subsurface use at Vostochno-Khettinskiy block (License №СЛХ 15789 НП (№SLH 15789 NP) dated October 27, 2014 valid until October 17, 2021).
Corporation Energy actively cooperates with Halliburton on Project YAMAL within the framework of the recently signed contract on the first stage of project works.
On June 17, 2014 Halliburton issued the press-release that announced the contract execution between the company and Corporation Energy on the joint exploitation and development of Project Yamal (Karasevskoe and Yuzhno-Tanlovskoe fields).
A business meeting between the executives of Corporation Energy and Export-Import Bank of the United States took place in Washington, US on April, 17 2014.
A meeting between executives of Corporation Energy and Halliburton resulting in execution of a first contract for joint exploitation...
A Memorandum of Understanding signed between Halliburton and Corporation Energy in relation to exploitation and production of carbohydrates of two fields in Yamal-Nenets Autonomous Region