Eurasia Journal News

Specialists of the Tver Scientific and Production Center of Slavneft-NPC LLC (part of the Rosneft Corporate Scientific and Project Complex) have developed a unique technology for processing and interpreting seismic data. Innovation allows to significantly increase the reliability of complex geological models, which increases the efficiency of geological exploration and development …

Urals Energy PCL, the independent exploration and production company with operations in Russia, is pleased to announce that the tanker shipment for export from the Company’s Arcticneft operations on Kolguyev Island has been successfully completed.  On 14 July 2018, the tanker left Murmansk, where the shipment’s gross volume has been …

The price of OPEC basket of fifteen crudes stood at $72.15 a barrel on Friday, compared with $72.15 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), Oriente (Ecuador), Zafiro (Equatorial …

Alexey Miller, Chairman of the Gazprom Management Committee, today held in Bovanenkovo (Yamal-Nenets Autonomous Area) a meeting on the pre-development project for the Kharasaveyskoye gas and condensate field and the gas transmission system. Bovanenkovo Enlarged photo (JPG, 4.4 MB) Prior to the meeting, Alexey Miller inspected the construction site of Gas Production Facility No. 3 at the Bovanenkovskoye field and the …

Kazakhstan and Turkmenistan’s aims to diversify their energy export markets got a boost recently. The recent announcement that Russian Prime Minister Dmitry Medvedev signed a decree on June 21 approving the a draft convention on the legal status of the Caspian Sea appears to generate new possibilities for Central Asian energy producers. …

The table below summarises the average monthly / daily production in 2017 and 2018, broken down by region.   2017 2018   Average Jan Feb Mar Apr May Jun Total production Bashkiria 13 195 14 155 12 731 13 622 13 123 13 498 12 614 Komi 28 633 31 …

Azerbaijan has long been seen as a strategic gateway to vast oil and gas resources in the Caspian region and a source of energy security for Europe but has yet to live up to its promise as a bulwark against the influence of Russia and OPEC in the region. Oil …

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Dmitry Kobylkin, Minister of Natural Resources and Environment of the Russian Federation, took place in St. Petersburg today. The meeting participants reviewed current issues related to subsoil use, including improvements to the regulations governing geological exploration operations. The parties also noted the constructive nature of the …

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Alisher Sultanov, Deputy Prime Minister of the Republic of Uzbekistan, Chairman of the Board of Directors of Uzbekneftegaz, took place in St. Petersburg today. The parties discussed the bilateral cooperation between the companies, focusing on the joint development of the Shakhpakhty field. The meeting also touched upon the …

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Tran Sy Thanh, Chairman of the Board of Directors of Vietnam Oil and Gas Group (PetroVietnam), took place in Moscow today. The parties discussed a wide range of joint efforts, including geological exploration and hydrocarbon production in Vietnam, as well as the prospects of joint projects in gas-fired power generation, the use of gas as a vehicle …