Eurasia Journal News

TATNEFT has joined the international SBTi (Science Based Targets initiative) initiative on the platform of “Ambitious corporate actions to prevent the over temperature occurrence above 1.5 degrees Centigrade” (Business Ambition for 1.5 C). The Company will develop and adopt science-based targets with regard to reducing greenhouse gas emissions and decarbonization in …

Crude Oil Production Enterprises of the TATNEFT Group of Companies produced 2,202 thousand tonnes of crude oil in January which was 298 thousand tonnes less than during the same period in 2020. PJSC TATNEFT’s production volume amounted to 2,176 thousand tonnes of crude oil in January (-295 thousand tonnes versus …

PetroNeft an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licenses 61 and 67, is pleased to provide the following update: Highlights Execution of Sales Purchase Agreement to acquire an additional 40% interest in Licence 67. Alastair McBain …

Vienna, Austria, 1 February 2021–The price of OPEC basket of thirteen crudes stood at $54.41 a barrel on Friday, compared with $54.36 the previous day, according to OPEC Secretariat calculations (view archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), …

The presentation made by Renat Dzhafarov, Specialist of Drilling Division, Gazprom International at the 1st Combined RDCR&KDR Virtual Well Engineering Forum on the 4th of Dec 2020 is available below. The presentation discussed the “Role of machine learning in reduction of both non-productive time (NPT) and invisible lost time (ILT). …

Vienna, Austria, 28 January 2021–The price of OPEC basket of thirteen crudes stood at $55.31 a barrel on Wednesday, compared with $54.87 the previous day, according to OPEC Secretariat calculations (view archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno …

MALAGA DRILLING SCHOOL IS USING THE IDRILLSIM CLOUD-BASED DRILLING AND WELL CONTROL SIMULATOR Internationally renowned Malaga Drilling School has switched to online teaching during the pandemic for its IWCF-approved drilling and well control training using virtual simulators. iDrillSIM uses tried-and-tested well control software to create a virtual drilling experience in …

Rosneft’s Vostok Oil project does not fall under the sanctions restrictions. This is stated by the company, referring to the results of the examination conducted by the world’s leading technology and legal companies. We will remind, on the Reuters website on January 15, 2021, news was published, which, according to …

Operational Update PetroNeft (AIM: PTR) an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licenses 61 and 67, is pleased to provide the following operational update: Highlights Licence 61 – Increase in production performance with 1,847 bopd during …

President of LUKOIL Vagit Alekperov and Chairman of the Management Committee of Gazprom Alexey Miller have held a working meeting in Saint Petersburg today. The parties discussed current issues of cooperation between the two companies. Special attention was given to the project of developing the Vaneyvisskoye and Layavozhskoye fields and, in particular, …