Eurasia Journal News

Vladimir Kobychev Became the New Head of Gazprom Dobycha Noyabrsk

He worked in the structures of Gazprom for 22 years Vladimir Kobychev, who had worked in Gazprom’s structures for 22 years, was elected General Director of Gazprom Dobycha Noyabrsk. It is reported by “Gazprom”. From 2018 to 2023, he held the position of Deputy General Director for the production and …

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Eurasia Journal News

The Economic Effect of Samotlorneftegaz from the Use of an Innovative Oil Recovery Method Exceeded 210 Million Rubles

The Samotlorneftegaz company, which is part of the production complex of NK Rosneft, has increased the efficiency of oil production thanks to the use of an innovative method of integrated mathematical modeling. Over the five years of the project implementation, digital analogues of ten production sites of the Samotlor field …

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Eurasia Journal News

BRICS Accounts for Almost 45% of Global Oil Reserves After Expansion

The BRICS countries account for 48.5 million sq. km, which is four times the G7 in terms of population The BRICS group (Brazil, Russia, India, China, South Africa), having replenished with six new members – Argentina, Egypt, Iran, the United Arab Emirates, Saudi Arabia and Ethiopia, will become the owner …

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Eurasia Journal News

American Chevron increases gas production capacity in Australia

American oil and gas company Chevron is increasing gas production capacity in Western Australia, according to a company press release. “Gas production capacity in Western Australia is growing as a result of technical improvements … aimed at increasing the level of production of Wheatstone gas near the city of Onslow,” …

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Eurasia Journal News

KazMunayGas Received Less Than 416 Thousand Tons of Oil due to Accidents at the MAEC

As noted by Diana Arysova, Deputy Chairman of the Board of the Company, “in recent years, there has been an increase in the number of emergency power outages at the fields of Kazmunaigas by MAEK” Due to accidents at the Mangistau Nuclear Power Plant (MAEK), Kazakhstan’s national oil and gas …

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Eurasia Journal News

Exxon, Hess and CNOOC Prepare New Oil Project in Guyana

American and Chinese oil and gas companies are preparing to launch the sixth offshore oil project in the Latin American country. $12.93 billion has been allocated for its development. The new project, called Whiptail, will be commissioned in 2027. This is not the first permission for a new oil production …

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Eurasia Journal News

Gazprom Neft Will Use SKIF to Increase the Efficiency of Oil Production

Gazprom Neft PJSC has become the first industry partner of the Siberian Branch of the Russian Academy of Sciences in the project to create the Siberian Ring Photon Source (SKIF) – the company will use the development to study rocks in the future, Gazprom Neft said in a statement. The …

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Eurasia Journal News

Canadian Shale Producers Promised to Increase Production by 8%

Canada plans to produce 350,000 b/d of oil from northern Alberta tar sands in 2025 Since the beginning of summer, wildfires and a field maintenance season have caused a decline in Canadian oil production, but companies have promised to increase production by 8%, writes Reuters. According to analysts, total production …

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Eurasia Journal News

Turkish Subsidiary of SOCAR AQS to Drill 4 Oil Wells in Southeast Turkey

The Turkish company SOCAR AQS Sondaj Muhendislik Sanayi ve Ticaret A.S (SOCAR AQS Turkiye) and the Turkish state oil company TPAO signed a drilling contract. SOCAR AQS Turkiye is a subsidiary of SOCAR AQS drilling company. “The contract provides for the drilling of 4 oil wells by SOCAR AQS Turkiye …

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Eurasia Journal News

Germany’s Wintershall Dea Starts Gas Production at a Newly Discovered Field

German oil and gas company Wintershall Dea has started gas production at the Dvalin field in the Norwegian Sea, the company said. “Wintershall Dea, together with partners Petoro and Sval Energi, has started gas production at the producing Dvalin gas field in the Norwegian Sea, providing significant new gas volumes …

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