2,000 km of Winter Roads Were Built to Supply Vostok Oil facilities
RN-Vankor (part of Rosneft’s oil and gas production complex) has built record-breaking winter roads for the Vostok Oil project. 2000 km of winter roads pass through the territory of the north of the Krasnoyarsk Territory and the Yamalo-Nenets Autonomous Okrug. They connect the facilities of the RN-Vankor oil transportation system …
The Economic Effect From the Implementation of the Orenburgneft Energy Saving Program for Three Years Amounted to More Than 500 Million Rubles
The Orenburgneft company (part of the Rosneft oil production complex) has saved more than 187 million kWh of electricity in three years. In monetary terms, the effect exceeded 500 million rubles. Including in 2022, the savings amounted to more than 147 million rubles. Increasing the efficiency of production assets is …
Oil Production at the Sakhalin-1 Project Will Reach 200-220 Thousand Barrels Per Day in Early February 2023
The project is currently operating at 65% capacity. Oil production at the Sakhalin-1 project will fully recover in 3-4 weeks. Reuters reported this on January 9, 2023, citing an industry source. Currently, production at the Sakhalin-1 project has recovered to 140-150 thousand barrels per day, which is about 65% of capacity. Sakhalin-1 …
Shell Expects $2.4 Billion Loss in 2022 Due to Taxes on Energy Company Excess Profits
Losses for Q4 2022 alone are expected to be around $2 billion. Shell expects to incur approximately $2.4 billion in losses in 2022 due to the imposition of taxes on excess profits of energy companies in the UK and the European Union (EU). The information comes from Shell reporting. Company …
KazMunayGas Started Geological Exploration of the Subsoil of Five Oil and Gas Blocks in the West of Kazakhstan
The project with the GIN mechanism was included in the list of investment projects of KMG with capital expenditures in the amount of 29.5 billion tenge (about 64 million US dollars). The Kazakh national oil and gas company KazMunayGas (KMG) has started geological exploration (geological exploration) of the subsoil of …
Aker BP Enters Into Drilling Agreement with Noble, Halliburton and Odfjell on the Norwegian Continental Shelf
Norwegian oil and gas company Aker BP has entered into agreements with offshore drilling contractors Noble Corporation, Odfjell Drilling and Halliburton for drilling operations on the Norwegian Continental Shelf (NCS). This was reported in Aker BP. Back in 2017, the Aker BP Jack-up alliance was created, which included Maersk Drilling …
Gazprom and CNPC Discuss 2023 Plans for Key Areas of Cooperation
The meeting of the Joint Coordinating Committee (JCC) of Gazprom and China’s CNPC moderated by Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee, Elena Burmistrova, Deputy Chairman of the Gazprom Management Committee, and Huang Yongzhang, Vice President of CNPC, took place today. The meeting participants reviewed the results of their joint activities for 2022 and discussed the plans …
Drilling Slime are Proposed to be Used in Asphalt Concrete
Scientists of the Perm Polytechnic University have patented safe high-strength asphalt. The news agency “Devon” learned about this from the message of PNRPU. Every year on the territory of Khanty-Mansiysk Autonomous Okrug-Yugra, where 70% of all oil wells in Russia are located, about 5 million cubic meters of man-made waste …
Tatneft Increased Salary by 12%
From January 1, 2023, tariff rates (salaries) of the company’s employees have been increased in PJSC TATNEFT. Taking into account the current economic situation, the level of inflation, the dynamics of prices for food products and consumer services, as well as in order to provide maximum support to the company’s …
LUKOIL Signed an Agreement on the Sale of the Isab Refinery in Italy
PJSC LUKOIL announces that LITASCO S.A., a 100% subsidiary of the LUKOIL Group, and G.O.I. ENERGY LIMITED (hereinafter – G.O.I. ENERGY) have reached an agreement to sell ISAB S.r.L. (hereinafter – ISAB) G.O.I. ENERGY. The deal is scheduled to be closed by the end of March 2023 after the fulfillment …