Russia and Vietnam Supported the Expansion of the Work of Oil and Gas Companies
The Russian Federation and Vietnam support the creation of conditions for expanding the work of Russian oil and gas companies on the shelf of Vietnam and Vietnamese-in Russia, the two countries published on the Kremlin’s website about the further deepening of a comprehensive strategic partnership in the context of the …
Tatneft Brought the Disposal of Associated Gas to 98.1%
In 2023, the company invested 1.34 billion rubles in minimizing greenhouse gas emissions. Tatneft in 2023 invested 18.9 billion rubles in environmental protection. The growth of this indicator is associated with the modernization of networks and water supply and sewage facilities at the Tango refineries, the technical transmission of compressors, …
“Zarubezhneft” Received a License to Master the Block 11-2 of the Shelf Vietnam
“Zarubezhneft” received an investment license to master the block 11-2 of the continental shelf of Vietnam, the Interfax correspondent reports. During the visit of the President of the Russian Federation Vladimir Putin, a number of documents were signed in Vietnam. Within the framework of the exchange ceremony, the Minister of …
The United States Can No Longer Interfere with Iran in the Production and Export of Oil
Oil Minister Iran Javad Ovji said that the United States could no longer interfere with the export and extraction of Iranian oil. “Given the measures that were adopted by the Government of the President of Raisi in the field of the oil industry, I must announce that any government that …
Canada’s Oil and Gas Emissions Cap Plan Would Cut Output
Canada’s proposed oil and gas emissions cap would cut output rather than boost investment in expensive carbon capture and storage (CCS) technologies, according to a report by consulting firm Deloitte published on June 19, 2024, by the Alberta government. The Liberal government led by Canadian Prime Minister D. Trudeau is …
Warren Buffett Believes in Oil and Occidental Petroleum
Berkshire Hathaway, the investment division of the world-famous entrepreneur and billionaire Warren Buffett, consistently continues to buy shares in the oil and gas shale oil and gas company Occidental Petroleum, operating in the United States. Buffett’s purchase of shares in the specified American shale oil producer is carried out for …
Chevron Expands Angola Assets
Chevron has signed two risk service contracts (RSCs) for Block 49 and Block 50 in the ultra-deepwater Lower Congo Basin of Angola through its Angolan subsidiary Cabinda Gulf Oil Company Limited, kicking off exploration work and laying the groundwork for development of the blocks, the African Energy Chamber said in …
Eni to Sell 30% in Ivory Coast’s Baleine Project
Italy’s Eni is considering selling its exploration business in Ivory Coast. The company could sell up to 30% of the business, raising €1 billion, Bloomberg reports. The offer has already attracted interest from Asian buyers, the agency’s sources said. The discussions are at an early stage, so Eni is still …
Rosnedra Began to Make a Detailed Feasibility Study of Sites Before Auctions
The head of the department, Evgeny Petrov, noted that this measure will also help non-core companies that are starting to engage in geological exploration of new types of raw materials. Before auctions for subsoil plots, Rosnedra began to prepare a detailed feasibility study (feasibility study), including methods for further extraction …
Rosneft’s First Vice President Heads Bashneft
And Andrey Lazeev was sent to raise Vostok Oil. Rosneft has replaced the head of Bashneft. Instead of Andrey LAZEEV, this post was taken by Rosneft’s First Vice President Vladimir CHERNOV on June 19. Since 2020, he also continues to hold the post of General Director of the Vostok Oil …