Eurasia Journal News

Gazprom Neft Has Implemented Startup Technology From the INDUSTRIX Accelerator Into Production

The technology of one of the graduates of the corporate accelerator of projects in the field of exploration and production INDUSTRIX has been successfully implemented at the assets of Gazprom Neft in the Krasnoyarsk Territory and Yamalo-Nenets Autonomous Okrug. It allows you to calculate the reserves of “difficult” oil with …

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Eurasia Journal News

Five Oil and Gas Blocks Will be Put Up for Auction in the Samara Region

Fields are near to the fields of Samaraneftegaz. Privolzhsknedra announced an auction for several oil and gas bearing subsoil areas in the Samara region at once. These are the Volga, Gubernsky, Tangai, Tremasovsky and Troitsky sections. All of them are located in areas well studied by oilmen and contain small …

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Eurasia Journal News

Iran and Russia Signed 8 Memorandums of Understanding, 2 Contracts in Different Oilfields

Iran and Russia signed as many as 10 agreements and memorandums of understanding (MOU) on cooperation in the oil industry on Wednesday. The memorandums of understanding and agreements were signed following a meeting between Iranian Oil Minister Javad Ovji and Russian Deputy Prime Minister Alexander Novak, who are also co-chairs …

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Eurasia Journal News

Gazprom Neft Agreed with MIPT on the Training of Hybrid Engineers

Gazprom Neft and the Moscow Institute of Physics and Technology announced the opening of a new master’s program that will train hybrid petroleum engineers who are versed in digitalization and modeling of oil and gas treatment technologies. This was reported by Gazprom Neft. The new curriculum is designed to train …

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Eurasia Journal News

Oil Production in Yakutia in the 1st Quarter of 2023 Increased by 11%

Oil production in Yakutia in the 1st quarter of 2023 amounted to 5.1 million tons, which is 11% higher than the level of the same period in 2022. This was reported in the Ministry of Industry and Geology of Yakutia. Recall that in 2022 Yakutia reached record levels of oil …

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Eurasia Journal News

Shell to Use Artificial Intelligence in Deep Sea Oil Exploration

Shell Pl will use AI-based technology from analytics firm SparkCognition for deepwater exploration and offshore oil production, the companies said on Wednesday. SparkCognition’s artificial intelligence algorithms will process and analyze large volumes of seismic data as Shell searches for new oil fields, the company says. In a statement, Shell’s vice …

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Eurasia Journal News

LNG Loading Site Will be Built in Yamal

Glavgosexpertiza of Russia issued a positive opinion on the creation of facilities for the shipment of liquefied natural gas within the framework of the Yamal LNG project. The construction site is located in the Yamal district of the Yamalo-Nenets Autonomous Okrug, on the territory of the project for the production, …

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Eurasia Journal News

Vladimir Putin Explained the Reduction in Gas Production

Oil and gas revenues are lagging behind the plan, Siluanov said. Putin replied that although the price of gas “has dropped a little” and production is declining, the situation is “absolutely stable” Russia has set a certain price for gas and reduced production, but these actions are connected with the …

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Eurasia Journal News

Iraq Invited International Companies to Develop Oil and Gas Fields

Iraqi Oil Minister Hayan Abdel Ghani has invited international companies to bid for investment projects to develop 13 fields and exploration sites in the country’s northern, central and southern provinces, the oil ministry’s press office said in a statement to RIA Novosti. “The Ministry seeks to increase oil and gas …

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Eurasia Journal News

The US Department of Energy Predicted an Increase in Oil Production in the Country in June

Oil production in the main oil and gas producing regions of the United States, in which a significant part of the production is shale oil, will rise in June compared to the current month by 41 thousand barrels per day, or 0.4%, to 9.332 million barrels, the Energy Information Administration …

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