Rosneft Implements Unique Project on Injecting APG in Underground Gas Storage
Verkhnechonskneftegaz, an enterprise of the upstream complex of Rosneft Oil Company, has implemented an associated petroleum gas (APG) efficient utilisation project. For the first time in East Siberia, the technology for injecting APG in a temporal underground gas storage facility has been applied at the Verkhnechonskoye field. The uniqueness of …
OPEC Daily Basket Price: Wednesday, 18 December 2019, Stood at $67.77 a Barrel
Vienna, Austria, 19 December 2019–The price of OPEC basket of fourteen crudes stood at $67.77 a barrel on Wednesday, compared with $67.48 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 (Congo), …
TMG Worldwide is Celebrating 15 Years of ROGTEC Magazine! Would You Like to Get Published in 2020?
Much has changed in the oil and gas market since we first published ROGTEC Magazine back in December of 2004. Often the price of oil has been too low (or at certain times perhaps too high!) to be sustainable, and in Russia we have faced a market that has had …
OPEC Daily Basket Price: Tuesday, 17 December 2019, Stood at $67.48 a Barrel
Vienna, Austria, 18 December 2019–The price of OPEC basket of fourteen crudes stood at $67.48 a barrel on Tuesday, compared with $67.22 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 (Congo), …
NOVATEK Obtains the South-Yamburgskiy License Area
PAO NOVATEK announced today that NOVATEK-Yurkharovneftegas, a wholly owned subsidiary, won the auction for geological survey, exploration and production license for the South-Yamburgskiy subsoil area located in the Nadym District of the Yamal-Nenets Autonomous Region in close proximity to the North-Urengoyskoye field of NOVATEK’s joint venture Nortgas. The license area …
NOVATEK Obtains the East-Ladertoyskiy License Area
PAO NOVATEK announced today that NOVATEK-Yurkharovneftegas, a wholly owned subsidiary, won the auction for geological survey, exploration and production license for the East-Ladertoyskiy subsoil area located on the Gydan Peninsula in the Yamal-Nenets Autonomous Region. The license area has estimated hydrocarbon resources of 184 billion cubic meters of natural gas …
NOVATEK and Transneft Signed Cooperation Agreement
PAO NOVATEK and PAO Transneft signed an Agreement on Cooperation in Gas Motor Fuel. According to the Agreement, Transneft is considering purchasing LNG from NOVATEK to refuel its cargo truck fleet. The Agreement also confirms the intention of Transneft to replace its old diesel-powered trucks by new gas-powered vehicles. “This …
Petrosibir: Production Report for November 2019
Petrosibir’s total oil production during November 2019 amounted to 34,290 barrels, equivalent to 1,143 barrels per day. The table below summarises the average monthly / daily production in 2019 and 2018, broken down by region. TOTAL PRODUCTION, BBL 2018 2019 Average Jan Feb Mar Apr May Jun Bashkiria 12 916 …
OPEC Daily Basket Price: Monday, 16 December 2019, Stood at $67.22 a Barrel
Vienna, Austria, 17 December 2019–The price of OPEC basket of fourteen crudes stood at $67.22 a barrel on Monday, compared with $66.76 the previous Friday, 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 (Congo), …
OPEC Daily Basket Price: Friday, 13 December 2019, Stood at $66.76 a Barrel
Vienna, Austria, 16 December 2019–The price of OPEC basket of fourteen crudes stood at $66.76 a barrel on Friday, compared with $65.81 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 (Congo), …