 The petroleum industry faced new challenges such as the development of new fields, application of advanced methods of operation, introduction of new production technologies, further development of oil refining technologies and construction of new plants, electrification of the oil industry, as well as the planning, organization and improving the safety of petroleum production.None of these problems could be solved without significant increase in the number of petroleum engineers and Gubkin Institute became the main base for preparing such specialists.At the beginning there were only three faculties at the University, namely