AKROS and Sakhalin Energy Signed a Memorandum of Cooperation
On September 29, within the framework of the Sakhalin Oil and Gas 2021 Far Eastern Energy Forum, AKROS and Sakhalin Energy signed a memorandum of cooperation. The signing took place in the presence of the Chief Executive Officer of Sakhalin Energy Roman Dashkov. The subject of the document is interaction on the development …
Vladimir Chizhov: The Crisis on the Gas Market in the EU May Soon be Resolved
The situation on the European gas market will stabilize “sooner rather than later.” This assessment was made by the Permanent Representative of the Russian Federation to the EU Vladimir Chizhov. “[Russian President Vladimir Putin] recommended that Gazprom be more flexible. And something makes me think that Gazprom will listen,” Chizhov said. …
Zarubezhneft: May Start Exploration in Kazakhstan
The state company Zarubezhneft is discussing with the NC KazMunayGas participation in onshore exploration projects in Kazakhstan. Possible options include Urikhtau and Ural Oil & Gas in Aktobe and West Kazakhstan regions. “We have opened a data room for some new exploration projects. The Russian company has experience of working in …
Josep Borrell: EU will Need More Russian Gas
Europe is likely to need more Russian gas than has been agreed. This opinion was expressed by the EU High Representative for Foreign Affairs and Security Policy Josep Borrell. According to him, Russia wants Nord Stream 2 to open. “We still need Russian gas, and we will probably need more than [what …
OPEC Daily Basket Price: Friday, 8 October 2021, Stood at $81.56 a Barrel
Vienna, Austria, 11 October 2021 – The price of OPEC basket of thirteen crudes stood at $81.56 a barrel on Friday, compared with $78.60 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), …
Rosneft: Presents New Developments of Unique Software
Rosneft held a scientific and technical conference Digital Technologies in Hydrocarbon Production: From Models to Practice. More than 500 leading representatives of industry, science and IT-sphere from different cities of Russia took part in the event. The organizer was the Scientific Institute of the RN-BashNIPIneft Company. Digitalization in all areas of the …
OPEC Daily Basket Price: Thursday, 7 October 2021, Stood at $78.60 a Barrel
Vienna, Austria, 8 October 2021 – The price of OPEC basket of thirteen crudes stood at $78.60 a barrel on Thursday, compared with $80.65 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), …
TATNEFT Joined the TOP-10 of Environmental Efficiency Rating
The Company headed the list of top ten environmentally efficient enterprises in terms of the disclosed transparency indicators. The environmental rating of the ERA agency assessed the fundamental efficiency of the companies’ production activities. This rating reflects the ability of the enterprises to operate with a low environmental impact, economical …
Gazprom Neft Strengthens Cooperation with Tatarstan in the Development of Oil Production Technologies
Gazprom Neft and the Republic of Tatarstan signed an agreement on cooperation in the development of enhanced oil recovery technologies and the implementation of oil and gas projects. The document was signed by the chairman of the board of the company Alexander Dyukov and the President of the Republic Rustam Minnikhanov. …
Gazprom and Irkutsk Oil Company to Elaborate Project for Lithium Production from Kovyktinskoye Field
Gazprom and Irkutsk Oil Company (INK) signed a Memorandum of Intent today at St. Petersburg International Gas Forum 2021. According to the document, the parties are interested in starting a joint project for the production and processing of formation brines (saline groundwaters) from the Kovyktinskoye field of Gazprom in order to obtain lithium compounds and other valuable components. The groundwaters of the Kovyktinskoye field …