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Russia's Gazprom Neft ready to raise oil output under OPEC+ deal, CEO says
Russia's Gazprom Neft ready to raise oil output under OPEC+ deal, CEO says

Zawya

time18-03-2025

  • Business
  • Zawya

Russia's Gazprom Neft ready to raise oil output under OPEC+ deal, CEO says

Gazprom Neft is ready to raise oil output from April under the OPEC+ agreement, the head of the Russian oil producer said on Tuesday. The company does not plan to reduce oil refining in 2025 after a record refining volume in 2024, Alexander Dyukov, the CEO, added. Gazprom Neft has been adapting to Western sanctions and plans to increase investments in 2025, Dyukov said. The market price for Urals oil in roubles is "quite acceptable" for the company, he added. (Reporting by Olesya Astakhova; Writing by Gleb Stolyarov; Editing by Andrew Osborn)

Russia's Gazprom Neft ready to raise oil output under OPEC+ deal, CEO says
Russia's Gazprom Neft ready to raise oil output under OPEC+ deal, CEO says

Reuters

time18-03-2025

  • Business
  • Reuters

Russia's Gazprom Neft ready to raise oil output under OPEC+ deal, CEO says

MOSCOW, March 18 (Reuters) - Gazprom Neft ( opens new tab is ready to raise oil output from April under the OPEC+ agreement, the head of the Russian oil producer said on Tuesday. The company does not plan to reduce oil refining in 2025 after a record refining volume in 2024, Alexander Dyukov, the CEO, added. The Reuters Power Up newsletter provides everything you need to know about the global energy industry. Sign up here. Gazprom Neft has been adapting to Western sanctions and plans to increase investments in 2025, Dyukov said. The market price for Urals oil in roubles is "quite acceptable" for the company, he added.

Russian soccer to give up long-held seat on UEFA executive committee in April elections
Russian soccer to give up long-held seat on UEFA executive committee in April elections

Associated Press

time24-02-2025

  • Business
  • Associated Press

Russian soccer to give up long-held seat on UEFA executive committee in April elections

NYON, Switzerland (AP) — Russian soccer will no longer have a seat on the influential UEFA executive committee after its elections in six weeks. Also, Norwegian official Lise Klaveness is the only candidate for a new quota place for women. Alexander Dyukov, the chief executive of Russian oil firm Gazprom Neft, was not on the list of candidates published by UEFA on Monday for its election meeting on April 3 in the Serbian capital Belgrade. Dyukov was first elected to UEFA's ruling committee in 2021 and said in an interview two years ago he would seek another four-year mandate. His absence from the UEFA candidate list was unexpected three weeks after he was re-elected president of the Russian soccer federation he has led since 2019. UEFA said Dyukov did not apply to retain his executive committee seat and had not been ruled ineligible. All candidates for elections in Europe to the ruling committees of UEFA and FIFA must pass mandatory checks by governance experts. Dyukov continued to attend UEFA meetings and games around Europe while on a British government sanctions list and during a ban on Russian teams from international competitions after the February 2022 invasion of Ukraine. FIFA and UEFA successfully argued at the Court of Arbitration for Sport in the early weeks of the war that including those teams would invite chaos in their competitions when some countries in Europe refused to play opponents from Russia. UEFA also dropped Russian state energy firm Gazprom as a Champions League sponsor because of the war and moved the 2022 Champions League final from being hosted at the stadium of Gazprom-owned Zenit St. Petersburg. Dyukov was the latest Russian soccer official, most connected to Zenit, to win UEFA and FIFA elections. Others included 2018 World Cup organizer Alexey Sorokin, former sports minister Vitaly Mutko and Sergey Fursenko. Klaveness is set to join the UEFA executive committee in April two years after losing in elections when she competed directly against male candidates. UEFA decided last year to expand its 20-member executive committee and add a second quota seat for women. UEFA said Klaveness was the only candidate on April 3 to join Laura McAllister of Wales, who was a UEFA vice president. UEFA's 55 member federations will elect nine more men to the executive committee in Belgrade. New candidates include Andrii Shevchenko, the AC Milan great and now Ukraine federation president, and Pedro Proença of Portugal, who was referee of the 2012 finals in the men's European Championship and Champions League. ___

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