Eurasia Journal News

Rosnedra Expects the Start of Lithium Production at the Kovykta Deposit

Rosnedra expects the start of lithium production at the Kovykta gas condensate field in the next 2-3 years in case of successful implementation of industrial technology for the extraction of lithium from bottom water, Rosnedra head Evgeny Petrov said in an interview with RIA Novosti on the sidelines of SPIEF. …

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Eurasia Journal News

The Head of Rosnedra Spoke About the Volume of Exploration in Russian Companies

Russian companies in 2023 still maintain the volume of exploration both in the oil industry and in solid minerals, despite the sanctions pressure, said the head of Rosnedra Evgeny Petrov in an interview with RIA Novosti on the sidelines of the SPIEF. “So far, no company has reduced the volume …

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Eurasia Journal News

Novak Estimated the Production of Energy Resources in Russia Over the Weekend

The extraction and production of energy resources in Russia went according to plan over the weekend, the protection of fuel and energy complex facilities was strengthened, said Russian Deputy Prime Minister Alexander Novak. “As for the production of basic energy products – these are oil products, coal, oil and gas …

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Eurasia Journal News

Pertamina and Petronas Aim to Replace Shell in Masela Gas Project

Indonesian and Malaysian state-owned energy companies Pertamina and Petronas plan to jointly buy Shell’s stake in Indonesia’s Masela gas project. This was stated by the Minister of Energy of Indonesia A. Tasrif on the sidelines of the Energy Asia conference in Kuala Lumpur. Companies should soon determine the scheme of …

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Eurasia Journal News

ExxonMobil and Guyana Negotiate to Return Unexplored Offshore Oil Areas

ExxonMobil and Guyana are negotiating which unexplored offshore reserves will be returned to the Guyanese government. This became known after negotiations between ExxonMobil and the authorities of Guyana. Guyanese authorities worry about ExxonMobil’s oil and gas hegemony When oil was discovered in Guyana, no one thought that there would be …

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Eurasia Journal News

From Concept to Technology: Gazprom Neft is Looking for Innovative Ideas for the Oil and Gas Industry

The accelerator of Gazprom Neft INDUSTRIX for the first time began the selection of technology startups at the idea stage. Previously, projects with a higher degree of elaboration and the presence of a prototype of the proposed solution were allowed to participate in the program. The finalists will be able …

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Eurasia Journal News

NOC May Get the Most Expensive Oil Field in 2023

The Nyaganneft company (a subsidiary of NNK Oil owned by Eduard Khudainatov) was the only company that applied to participate in the auction for the Lebyazhy block in the Khanty-Mansi Autonomous Okrug with oil reserves of 37 million tons. This was reported to Vedomosti by a representative of the Ministry …

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Eurasia Journal News

The Netherlands Will Stop Gas Production at the Groningen Field

The Netherlands will complete gas production at Europe’s largest field in Groningen from October 1, the Netherlands Broadcasting Corporation (NOS) reports, citing a government decision. “The gas valve in Groningen will be closed on October 1 this year, but the gas installation will not be dismantled immediately,” the channel reports. …

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Eurasia Journal News

Brazil Resumes Production at Atlanta Field

Brazilian oil and gas company Enauta has completed scheduled maintenance on its floating production, storage and offloading vessel FPSO Petrojarl I, which is currently operating in the Atlanta field, located in the Santos Basin offshore Brazil. As early as May 2023, Enauta commenced preventive maintenance on the floating platform FPSO …

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Eurasia Journal News

Eni and Var Energi Will Buy Leading Independent Gas Company

Italian energy company Eni and its Norwegian oil and gas subsidiary Var Energi will acquire Neptune, a leading independent low-emission gas exploration and production company focused on gas operations in Western Europe, North Africa, Indonesia and Australia, for $4.5 billion. from the Eni release. “Eni will acquire assets comprising the …

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