Upstream
Published:
Wed, May 13, 2026
Editor
Evgeny_V/Shutterstock
Russia's biggest OFS companies faced losses in 2025.
Upstream
Published:
Wed, May 13, 2026
Editor
Evgeny_V/Shutterstock

Idle wells in Russia reached an all-time record in the first half of 2026.

Questions surround Lukoil's ability to recover from drone strikes on its refineries, while Gazprom Neft managed a slight…

According to Russian Natural Resources and Environment Minister Alexander Kozlov, the reduction in investment mainly occurred due…

Russia's oil and gas revenues fell sharply in August in the absence of one-off excise profit tax payments and higher subsidies.

With earnings on the slide, Russian producers are having to set new priorities, which vary in different companies.

Drone attacks have added to challenges for Russia's producers, while officials express confidence they can still meet Opec-plus…