Russia | Egypt Oil & Gas - Part 10

Shell to Withdraw its Activities from Russia

The Board of Shell has announced its intention to close its working activities from Russia and exit its joint ventures with Gazprom and related entities due to Russian invasion's to Ukraine.

Equinor, bp Announce Decision to Exit Russia

Both Equinor and bp have announced their decisions to exit and halt work in Russia due to its invasion of Ukraine.

Oil Prices Climb Over $100 as Russia Attacks Ukraine

Oil prices surged as Brent reached $102.48 a barrel, highest since Sept 2014, on February 24th as Russia attacked Ukraine.

Egypt Discusses Cooperation with Russia, Venezuela at GECF

On the sidelines of the Gas Exporting Countries Forum (GECF), Minister of Petroleum and Mineral Resources Tarek El Molla met with Russian Energy Minister Nikolay Shulginov.

Gazprom Develops Gas Processing Plants to Boost Production

Gazprom company announced that its natural gas processing plants (GPPs) based in Russia are integrated into the single process chain of gas supplies, from hydrocarbon feedstock production to consumer deliveries.

Nord Stream 2 Prepares to Begin Exporting Gas to Europe

The operator of the Nord Stream 2 pipeline on the bed of the Baltic Sea announced that the first two lines of the project has been filled with technical gas pending to approvals to start exports to Europe.

Gazprom Increases Gas Production, Exports in 2021

Gazprom elaborated that its domestic supplies from natural gas transmission system jumped by 15.9% equivalent to 23.9 bcm during the same period.

Equinor, Rosneft Sign Carbon Management Agreement

Equinor company has signed a strategic partnership with Rosneft company to develop low carbon solutions and reduce carbon footprint through joint projects in Russia.

Gazprom, MVM CEEnergy Sign Deal to Supply Hungary with Russian Natural Gas

Gazprom Export and MVM CEEnergy have signed two long-term contracts in Budapest that will supply Hungary with Russian natural gas, a press release published by Gazprom announced.

LUKOIL Implements Largest Digital Oil Field Model in Russia

As part of its Intelligent Field project, PJSC LUKOIL announced the creation of the largest digital model of an oil field.  

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