Kazakhstan’s Largest Fields Will Continue To Reduce Oil Production Until December 3
Kazakhstan’s largest fields – Tengiz, Karachaganak and Kashagan – will continue to reduce oil production until December 3, according to data from the Ministry of Energy of Kazakhstan. According to data provided by Shyngys Ilyasov, Advisor to the Minister of Energy of Kazakhstan, oil production in Tengiz has decreased/will decrease: …
Strategically Important Mineral Resources Will Be Auctioned in India
The first such auction will take place on November 29 on a special online platform. The Government of India is organizing an auction of rare earth resources and minerals that are of strategic importance to the country’s economy. According to the Indian Ministry of Coal Industry, the first such auction …
Alexey Miller and Belarusian Ambassador Dmitry Krutoy Discuss Cooperation in Gas Sector
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Dmitry Krutoy, Ambassador Extraordinary and Plenipotentiary of the Republic of Belarus to the Russian Federation, took place today. The parties discussed issues related to cooperation in the gas industry. It was noted that Gazprom is providing Belarusian consumers with reliable supplies of Russian gas. Source
American Shale Producers are Ramping up Drilling
Bloomberg writes that drillers in US shale regions are again trying to recover from the decline in activity by increasing the number of oil rigs According to Baker Hughes, the number of oil rigs in the US immediately increased by 6 pieces to 500. This is the largest weekly increase …
PDVSA and Gazprom Discuss Cooperation in Venezuela
Venezuelan PDVSA and Gazprom are discussing cooperation in new gas projects in the republic, the issue will be resolved in the coming weeks, Foreign Minister Ivan Gil Pinto said in an interview with RIA Novosti. “The Gazprom company has already been in Venezuela, already working on projects that were in …
Russia and Venezuela Want to Restore Daily Oil Production Levels
Russia and Venezuela want to restore the previous level of oil production per day, Foreign Minister of the Republic Ivan Gil Pinto said in an interview with RIA Novosti. “Joint oil production in Venezuela in recent years has reached 120-150 thousand barrels per day. Of course, the sanctions regime has …
In January-October, Azerbaijan Reduced Oil and Condensate Production by 8%, Gas Production – Increased by 3.4%
Oil production with gas condensate in Azerbaijan in January-October 2023 amounted to 25 million 68.2 thousand tons, which is 8% lower than the same period in 2022, the State Statistics Committee told the Interfax-Azerbaijan agency. Including, the production of commercial oil with condensate amounted to 24 million 974.4 thousand tons …
The General Director of Vostsibneftegaz has Changed
Anton Kalashnikov has been appointed the new general director of East Siberian Oil and Gas Company JSC (Vostsibneftegaz, part of Rosneft Oil Company), according to the Unified State Register of Legal Entities. Kalashnikov took office on November 16. Before his appointment to the post of manager, Kalashnikov also worked at …
Russia will Help North Korea in Offshore Hydrocarbon Exploration
The Russian Ministry of Natural Resources has agreed on joint geological exploration at offshore hydrocarbon sites in North Korea and is discussing exploration for gold, iron and rare earth metals. The head of the Ministry of Natural Resources of the Russian Federation, Alexander Kozlov, took part in the intergovernmental commission …
To Retain Workers in the Permian Basin, Texas Schools will be Updated
Authorities will invest in upgrading Midland schools to attract and retain family oil shale workers in the community Voters in the US have approved a $1.4 billion bond sale to repair and expand the aging, overcrowded school system in Midland, Texas, the unofficial capital of US shale oil. The initiative …