Eurasia Journal News

NOVATEK Reports Preliminary Operating Data for the Third Quarter and Nine Months 2023

PAO NOVATEK (“NOVATEK” and/or the “Company”) reported today preliminary operating data for the third quarter and nine months 2023. In the third quarter 2023, NOVATEK’s hydrocarbon production totaled 154.9 million barrels of oil equivalent (boe), including 19.76 billion cubic meters (bcm) of natural gas and 3.00 million tons of liquids (gas condensate and crude …

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Eurasia Journal News

Gazprom Expanding Production and Supply of Liquefied Natural Gas

The Gazprom Management Committee took note of the information about the ongoing work on implementing the projects for the production and supply of liquefied natural gas (LNG). It was noted that, in the northwestern part of Russia, the mid-scale Complex for LNG production, storage and shipment located near the Portovaya CS has been in operation …

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Eurasia Journal News

Working Meeting Between Alexey Miller and Iran’s Minister of Petroleum, Chairman of NIOC Board of Directors Javad Owji Takes Place

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Javad Owji, Minister of Petroleum of Iran, Chairman of the Board of Directors of National Iranian Oil Company (NIOC), took place today at Russian Energy Week International Forum 2023. The parties discussed the global energy agenda and considered the …

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Eurasia Journal News

Alexey Miller and Türkiye’s Energy and Natural Resources Minister Alparslan Bayraktar Discuss Cooperation Prospects in Gas Sector

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Alparslan Bayraktar, Minister of Energy and Natural Resources of the Republic of Türkiye, took place today at Russian Energy Week International Forum 2023. The parties discussed ongoing and future interaction in the gas sector. It was noted that their cooperation is successfully …

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Eurasia Journal News

Israel Orders Chevron to Close Tamar Offshore Gas Field

Israel’s Energy Ministry has instructed Chevron to close the Tamar offshore natural gas field off the country’s northern coast, a company spokesman told Reuters. “The Israeli Ministry of Energy has instructed Chevron Mediterranean Limited to cease production at the Tamar field,” the agency quoted a representative as saying. However, the material …

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Eurasia Journal News

Rosgeo is the Winner of the Minddigital Digital Transformation Case Competition

The Rosgeo project “Integrated platform for automation of geological exploration of solid minerals” became the winner of the V Competition of cases of digital transformation and breakthrough technologies of mining and metallurgical enterprises MINEXcellence in the MineDigital category, the results of which were summed up at the Mining and Geological …

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Eurasia Journal News

Just Like Home: Gazpromneft-Khantos Creates Comfortable Conditions for Field Workers

Seven luxury dormitories, five modern canteens, a café-shop, three multifunctional sports complexes, places for employees to relax and hold cultural events—Gazpromneft-Khantos commissioned these facilities in two years. All within the framework of a program to improve social and living conditions in the fields. “For several years we have been actively …

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Eurasia Journal News

Exxon is Close to Buying Pioneer, the Deal Could be Worth $60 Billion

The largest American oil and gas company Exxon Mobil is close to reaching an agreement to purchase shale producer Pioneer Natural Resources Co., the transaction amount could be about $60 billion, The Wall Street Journal writes, citing sources. According to them, the deal could be concluded in the coming days, …

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Eurasia Journal News

There Are Not Enough Traditional Gas Fields for Everyone

Even with the expansion of the use of renewable energy sources, existing gas fields will not be able to satisfy the growing global demand for this energy carrier, Rystad Energy calculated. Gas production growth is projected at 12.5% from 2023 to 2030, with the Middle East playing a decisive role. …

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Eurasia Journal News

ConocoPhillips Received Permission to Bring Into Production the Tommeliten A Field

ConocoPhillips and its partners have received permission from Norwegian authorities to bring into production the Tommeliten A gas condensate field (GCF) in the North Sea. This was reported by the press service of the Norwegian Petroleum Directorate (NPD) on October 5, 2023. Tommeliten A deposit opened in 1977; located in …

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