Oil & Gas Operators

Alexey Ovechkin Put in Charge of Gazprom Nedra

Alexey Ovechkin has been elected Director General of Gazprom Nedra. Alexey Ovechkin was born in 1977. He graduated from Udmurt State University, majoring in Oil and Gas Field Development and Operation. Between 1999 and 2009, he worked in various companies of the oil and gas industry, rising through the ranks from Assistant Well Survey Foreman to Deputy Director for …

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Oil & Gas Operators

NOVATEK’s Board Recommends 1H 2023 Dividend

The Board of Directors (the “Board”) of PAO NOVATEK (“NOVATEK” and/or the “Company”) discussed the Company’s results for the First Half 2023 and decided to convene an Extraordinary General Meeting of Shareholders (“EGM”) on 29 September 2023 in the form of absentee voting, with the following agenda:     Payment …

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Oil & Gas Operators

On July 21, 2023, in Surgut, at a Meeting of the Coordinating Council for Industry, NANGS President Viktor Khaikov Made a Number of Proposals for the Development of the Russian Oil and Gas Service to Russian Deputy Prime Minister Denis Manturov

Deputy Prime Minister of the Russian Federation – Minister of Industry and Trade of the Russian Federation Denis Manturov made a working trip to the Khanty-Mansiysk Autonomous Okrug – Yugra. He, together with the Plenipotentiary Representative of the President in the Ural Federal District Vladimir Yakushev and the Governor of …

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Oil & Gas Operators

Kenyan Hydrocarbon Producers to Give 40% Carbon Tax to Local Communities

Kenya considers new carbon tax project with local communities in mind Kenyan lawmakers passed a law according to which 40% of the carbon tax from companies, including those developing hydrocarbon deposits, will be deducted in favor of local communities on whose land the enterprises operate, writes Bloomberg. From the tax …

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Oil & Gas Operators

Oil Production in the Gulf of Mexico is Limited for the Sake of Whales

Washington is reducing the area for issuing new oil production licenses in the Gulf of Mexico to save marine mammals The US federal government has reduced the area that will be offered in the next oil and gas lease sale in the Gulf of Mexico by 9%. The reason is …

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Oil & Gas Operators

Cumulative Gas Reserves in the “New” BRICS Will Reach Half of the World’s

Gas reserves in the BRICS countries (now Brazil, Russia, India, China and South Africa) after the expected expansion of this association will double, to about 50% of all world reserves, follows from RIA Novosti calculations based on statistical data. Following the summit in Johannesburg, the UAE, Saudi Arabia, Iran, Argentina, …

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Oil & Gas Operators

Gas Production Resumed at the Dvalin Field in the Norwegian Sea

Wintershall Dea and its partners Petoro and Sval Energi have resumed production at the Dvalin gas field in the Norwegian Sea, which is expected to supply significant volumes of gas to the European market. The offshore Norwegian gas field Dvalin, which is being developed as a satellite of the Heidrun …

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Oil & Gas Operators

Vladimir Kobychev Became the New Head of Gazprom Dobycha Noyabrsk

He worked in the structures of Gazprom for 22 years Vladimir Kobychev, who had worked in Gazprom’s structures for 22 years, was elected General Director of Gazprom Dobycha Noyabrsk. It is reported by “Gazprom”. From 2018 to 2023, he held the position of Deputy General Director for the production and …

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Oil & Gas Operators

The Economic Effect of Samotlorneftegaz from the Use of an Innovative Oil Recovery Method Exceeded 210 Million Rubles

The Samotlorneftegaz company, which is part of the production complex of NK Rosneft, has increased the efficiency of oil production thanks to the use of an innovative method of integrated mathematical modeling. Over the five years of the project implementation, digital analogues of ten production sites of the Samotlor field …

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Oil & Gas Operators

BRICS Accounts for Almost 45% of Global Oil Reserves After Expansion

The BRICS countries account for 48.5 million sq. km, which is four times the G7 in terms of population The BRICS group (Brazil, Russia, India, China, South Africa), having replenished with six new members – Argentina, Egypt, Iran, the United Arab Emirates, Saudi Arabia and Ethiopia, will become the owner …

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