Rosneft Produced 131.3 Million Tons of Oil in the First Half of the Year
Rosneft‘s hydrocarbon production in the first half of the year amounted to 131.3 million tons of oil equivalent (5.362 million barrels per day), the company said. At the same time, the production of liquid hydrocarbons was recorded in the amount of 92.8 million tons (3.796 million b/d), gas – 46.8 …
Kamala Harris Promised Not to Ban Fracking If She Wins the Election
Kamala Harris, Vice President and US presidential candidate from the Democratic Party, said that she would not ban the extraction of hydrocarbons by fracking if she won the election. “I made it clear during the 2020 debate that I would not ban fracking as vice president, and I did not …
Belorusneft Has Set a Record for Monthly Drilling of New Wells
The drillers set a new record high this morning. As told in the Well Construction Management Center of NGDU Rechitsaneft, as of 8.00 a.m., a record was set for monthly drilling of new wells by 14 drilling crews of the SUBR. “The penetration was 25,356 m. The previous record value …
The Story of Wintershall Dea, which Severed Ties with the Russian Federation, Ended with the Sale of Its Main Assets
The British independent mining company Harbour Energy has completed the purchase of the main mining assets of the German Wintershall Dea, which was the largest oil and gas company in Germany. According to the Wintershall Dea report, since September 3, Wintershall Dea‘s exploration and production business (with the exception of …
QazaqGaz Starts Drilling a New Well at the Anabai field
QazaqGaz Exploration and Production LLP has started drilling well No. 17 at the Anabai field in order to uncover and extract gas from the Devonian productive horizon and increase the economic efficiency of field development, the press service of the national gas company reports. In accordance with the Anabai field …
TotalEnergies Is Withdrawing from Africa
The French company TotalEnergies has announced the sale of two oil fields in Nigeria, the leader among African countries in the export of this fuel. We are talking about the Olo and Olo West blocks, which she developed jointly with the Nigerian National Oil Company, Agence Ecofin reported. According to …
Iraq Is Looking for American Investments
Iraqi Oil Minister Hayan Abdel–Ghani is traveling to the United States, where, among other things, he intends to offer American oil and gas companies to invest in the development of ten oil and gas blocks. Iraq is actively licensing its mineral resources and offering them to international investors. At least …
Kazakhstan Intends to Develop New Gas Deposits
The Kazakh authorities are planning to develop new gas fields with a total production volume of 1 billion cubic meters in the near future. m per year. This was stated by the President of the Republic Kassym–Jomart Tokayev in a message to the people at a joint meeting of the …
Cyprus Is Making Another Attempt to Develop the Aphrodite Offshore Field
The Government of Cyprus has received a new plan for the development of the Aphrodite offshore field. Partners in the Aphrodite offshore project (“Aphrodite“), American Chevron, British Shell and Israeli NewMed Energy have submitted to the Cabinet of Ministers of Cyprus a new plan for the development of deposits worth …
Offshore Oil Production Is Experiencing a New Investment Boom
The global market for equipment for underwater oil production will grow by an average of 10% per year in the period from 2024 to 2027, according to the medium-term forecast of Rystad Energy. The volume of investments in this segment will increase over this period from $32 billion to $42 …