Tatneft Disclosed Its Audited Consolidated Financial Statements Under IFRS for 2022
Tatneft disclosed its audited consolidated financial statements under IFRS for 2022 PJSC “Tatneft” them. V.D. Shashina disclosed by publishing on its website on the Internet (https://www.tatneft.ru/aktsioneram-i-investoram/raskritie-informatsii/financial-and-accounting-reporting) the audited consolidated financial statements under IFRS for 2022, and See also a management report discussing the results of operations reflected in those financial …
Head of the Ministry of Energy Noted the Growth of Capital Investments in Oil Production
According to the results of 2022, the capital investments of Russian vertically integrated oil companies (VIOCs) in oil production increased by 1.2 times, or by about 20%, to 1.818 trillion rubles, follows from the presentation of the head of the Ministry of Energy of the Russian Federation Nikolay Shulginov to …
Petrosibir: Production report February 2023
Petrosibir’s total oil production during February 2023 amounted to 20,699 barrels, equivalent to 739 barrels per day. The table below summarises the average monthly / daily production in 2023 and per month in 2022, broken down by region. 2022 2023 Average Jan Feb Total production Bashkiria 6 683 6 005 …
United States Predicted a Record Production of Shale Oil in April
Oil production at the seven largest US shale deposits in April could reach its highest since December 2019, the Energy Information Administration (EIA) of the US Department of Energy said on Monday. It is estimated that shale oil production could rise by 68,000 barrels per day – the slightest increase …
RN-Krasnodarneftegaz Increased the Level of Rational Use of Associated Petroleum Gas to 99%
In 2022, RN-Krasnodarneftegaz (part of the Rosneft oil and gas production complex) increased the level of APG rational use by 1.5% to 98.7%, which is one of the best indicators in the industry. Most of the produced gas – over 900 million m3 – was sent to the Unified Gas …
Equinor Explores New Oil and Gas Field in the North Sea
Norwegian oil and gas company Equinor has explored a new hydrocarbon field on the continental shelf near the large Troll field in the North Sea. This is stated in a message published on March 14 on the company’s website. Theses Equinor: – the new deposit was named Heisenberg; according to …
Weatherford Releases 2022 Digital Annual Report
Weatherford International plc announced the release of its 2022 Annual Report. The interactive and fully digital report shares highlights of the Company’s 2022 financial results, significant milestones, strategic focus areas, achievements, and priorities for the future. Girish Saligram, President and Chief Executive Officer, commented, “The new Weatherford is not merely …
OPEC Raises Estimate of Oil Production Outside the Organization in 2023
OPEC raised its estimate of oil production outside the organization in 2023 by 190,000 barrels per day, expecting its growth compared to 2022 to 67.2 million barrels per day, follows from the March report of the organization. The estimate of the indicator in the first quarter increased by 350,000 barrels …
Employers Ordered to Pay Travel Expenses for Shift Workers
Employees working on a rotational basis received a new guarantee. From March 1, 2023, employers are required to pay for travel from the collection point to the place of work and back. The Labor Code indicates the main difference between shift work and other formats. With it, it is impossible …
50 Proppant Wagons Were Pumped in Belarus During a 34-Stage Hydraulic Fracturing
Belorusneft has completed a record-breaking multi-stage hydraulic fracturing for the CIS countries. In the Rechitsa district (Gomel region), over 27.3 thousand cubic meters of fracturing fluid, pickling fluid and fresh water were pumped over 34 stages of multi-stage hydraulic fracturing to flush out geophysical assemblies. This is reported by the …