The United States Will Increase Shale Oil Production By 10 Thousand Barrels Per Day In April
An increase in extraction volumes is expected in three of the seven oil-bearing regions, according to a report from the Energy Information Administration of the US Department of Energy. Shale oil production in the United States in April 2024 compared to March will increase by 10 thousand barrels – from …
The New Reagent Will Increase The Production Of Hard-To-Recover Reserves In The Northern Regions
Silicasol can also be used in metallurgy, pharmaceuticals, paper industry… Scientists from the Siberian Federal University proposed using silica sol to increase oil recovery. It is a colloidal solution of silicon dioxide in water, obtained from a silicate block. The Devon News Agency learned about this from a message from …
Hydraulic Fracturing Is Illegal In New York Even With CO2
Hydraulic fracturing is prohibited in the state, even if the water is replaced with liquid carbon dioxide. New York State has even banned liquid carbon dioxide for hydraulic fracturing (fracking) on its territory. A final legislative ban on this method is due to be approved on March 20th. Previously, Texas-based …
The Search For Oil And Gas Facilities At The Expense Of Government Funds Will Begin In The Astrakhan Region For The First Time In 20 Years
Work to find new promising oil and gas facilities at the expense of public funds will begin in the Astrakhan region for the first time in 20 years, reports the press service of the regional Ministry of Industry, Trade and Energy. “In 2024, it is planned to begin a set …
“Rosgeologia” And “Seligdar” Are Implementing New Junior Projects For The Study And Exploration Of Subsoil Areas In Yakutia
Rosgeologiya and polymetallic holding Seligdar (MOEX: SELG) signed an agreement that provides for joint geological study and exploration of ore gold deposits in the Aldan region of the Republic of Sakha (Yakutia). Promising sites, including Dzhekondinskaya and Kurachan, are located in the area of the existing production complexes of the …
Gazprom Neft’s Revenue At The End Of 2023 Exceeded 3.5 Trillion Rubles
Gazprom Neft’s revenue for 2023 amounted to 3.5 trillion rubles – an increase of 3.2% compared to 2022; Gazprom Neft’s net profit in 2023 amounted to 641 billion rubles; The company received significant free cash flow in the amount of 400.5 billion rubles in 2023. Gazprom Neft publishes consolidated financial …
Results of NOVATEK’s Annual General Meeting of Shareholders
PAO NOVATEK (“NOVATEK” and/or the “Company”) announced today the results of its Annual General Meeting of Shareholders (“AGM”). The AGM resolved the following agenda items: Approved the Company’s Russian statutory accounts and annual report for the year ended 31 December 2023, and the allocation of profit, including approval of the …
NOVATEK’s AGM Approves 2023 Dividends
PAO NOVATEK (“NOVATEK” and/or the “Company”) announced that the Annual General Meeting of Shareholders (“AGM”) approved the total dividend payment for 2023. The total dividend distribution for 2023 will amount to RR 78.59 per ordinary share, including the interim dividends of RR 34.50 per ordinary share paid for the six …
“Gazprom Dobycha Noyabrsk” Commissioned New Wells At The Chayandinskoye Field
At the Chayandinskoye oil, gas and condensate field seven new gas wells in the area of Gas Pre-Treatment Unit No. 4 have been connected to the installation and put into operation. They operate stably, in accordance with the established technological regimes. All active gas well pads at the field are …
ExxonMobil Has Found Another Offshore Field In Guyana
The company says it has discovered new oil in Guyanese waters. The discovery in question is called Bluefin in the Stabroek block offshore Guyana. This is the company’s first new find in 2024. Stabroek is the main production area of a large field discovered by Exxon off the coast of …