Platts: Russia's North Pole and Arctic Limits
Calling the oil resources of the Arctic vast is a bit like calling the weather there chilly. It is understandable why a nation would want to claim as much of it as possible. Yet the challenges to harvesting its wealth are also vast, which makes Russia’s move to owning a …
MSU Microbiologists Identify 100 Oil Decomposing Microorganisms Suitable for Use in Northern Seas
Under a contract with Rosneft to create a microbial medication for northern seas signed in 2014, scientists of Moscow State University’s biological faculty have identified about 100 microorganisms able to decompose oil and petroleum products at low temperatures including below zero ones. Over one year, more than 250 samples of …
Big Plans for the Caspian
Russia and Kazakhstan have big plans on joint oil production in the Caspian Sea, RIA Novosti quoted Russia’s President Vladimir Putin as saying Oct. 15. Putin made the remarks after talks with Kazakhstan’s President Nursultan Nazarbayev. He noted that Kazakhstan’s oil goes to foreign markets through the territory of Russia. …
Oil and Gas Climate Initiative: CEO’s Call For Climate Change Action
CEO’s of 10 global oil and gas companies make collaborative declaration on climate change: – Call for an effective climate change agreement at COP21. – Strengthen actions and investments to contribute to reducing the GHG intensity of the global energy mix. – Support the implementation of clear stable policy frameworks …
Oil and Gas Climate Initiative: CEO's Call For Climate Change Action
CEO’s of 10 global oil and gas companies make collaborative declaration on climate change: – Call for an effective climate change agreement at COP21. – Strengthen actions and investments to contribute to reducing the GHG intensity of the global energy mix. – Support the implementation of clear stable policy frameworks …
Gazprom: President Putin Starts Amur GPP
A festive ceremony dedicated to the start of the Amur gas processing plant (GPP) construction took place today in the Svobodnensky District of the Amur Region. Alexey Miller, Chairman of the Gazprom Management Committee, attended the ceremony. Russian President Vladimir Putin commanded to launch the Amur GPP construction via a …
Petrogrand: Combined Fields Produce 58,179 Barrels in September
The total production from the Komi oil fields Dinyu-Savinoborskoe, Sosnovskoe and Yuzhno-Tebukskoye in September 2015 amounted to 58,179 barrels of oil, corresponding to an average of 1,939 barrels of oil per day (an increase of 3 per cent compared to 1,883 barrels of oil per day in August 2015). Petrogrand’s …
Urals Energy: Petrosakh Well #54 Producing at 350 bbls/day, Arcticneft – Wells Shut in Due to Workover
Urals Energy PCL, the independent exploration and production company with operations in Russia, is pleased to provide the following operational update: Petrosakh Further to the update announced on 2 October 2015, the Company announces that production testing at Well #54 at Petrosakh has been completed. The well is flowing at …
Gazprom Dobycha Krasnodar: Appoints Andrey Zakharov as General Director
Andrey Zakharov was elected Director General of Gazprom Dobycha Krasnodar. Andrey Zakharov was born in 1963 in the Volgograd Region. In 1985 he graduated from Millionshchikov Grozny State Petroleum Institute, majoring in Technology and Integrated Mechanization of Oil and Gas Fields. Andrey Zakharov has been employed at Gazprom Group for …
Tethys: Battles Debt Issue with Nostrum Over Bokhtar Withdrawal
Tethys Petroleum Limited announces that it has today received a Notice of Events of Default from Nostrum Oil & Gas PLC (“Nostrum”) in connection with the US$5 million facility agreement between Tethys and Nostrum, dated August 10, 2015 (the “Facility Agreement”). Tethys does not agree with Nostrum’s interpretation of the …