Oil & Gas Operators

Kovyktinskoye Field Will Begin Supplying Gas By The End of The Year

By the end of the year, gas will begin flowing into the Power of Siberia main gas pipeline from the second installation at the Kovyktinskoye field in the Irkutsk region, Gazprom reported. “By the end of the year, at the Kovyktinskoye field in the Irkutsk region, gas will begin to …

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Oil & Gas Operators

The Ministry of Energy of Kazakhstan Will Not Change The Forecast For Annual Production Due To The Current Recession

The reduction in production in Kazakhstan due to the suspension of oil loading by the Caspian Pipeline Consortium will not affect the production forecast for 2023, the Ministry of Energy of the republic expects. According to the Ministry of Energy, for three large companies with an average production of 172 …

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Oil & Gas Operators

Kazakhstan’s Largest Fields Will Continue To Reduce Oil Production Until December 3

Kazakhstan’s largest fields – Tengiz, Karachaganak and Kashagan – will continue to reduce oil production until December 3, according to data from the Ministry of Energy of Kazakhstan. According to data provided by Shyngys Ilyasov, Advisor to the Minister of Energy of Kazakhstan, oil production in Tengiz has decreased/will decrease: …

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Oil & Gas Operators

Strategically Important Mineral Resources Will Be Auctioned in India

The first such auction will take place on November 29 on a special online platform. The Government of India is organizing an auction of rare earth resources and minerals that are of strategic importance to the country’s economy. According to the Indian Ministry of Coal Industry, the first such auction …

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Oil & Gas Operators

Alexey Miller and Belarusian Ambassador Dmitry Krutoy Discuss Cooperation in Gas Sector

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Dmitry Krutoy, Ambassador Extraordinary and Plenipotentiary of the Republic of Belarus to the Russian Federation, took place today. The parties discussed issues related to cooperation in the gas industry. It was noted that Gazprom is providing Belarusian consumers with reliable supplies of Russian gas. Source

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Oil & Gas Operators

American Shale Producers are Ramping up Drilling

Bloomberg writes that drillers in US shale regions are again trying to recover from the decline in activity by increasing the number of oil rigs According to Baker Hughes, the number of oil rigs in the US immediately increased by 6 pieces to 500. This is the largest weekly increase …

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Oil & Gas Operators

PDVSA and Gazprom Discuss Cooperation in Venezuela

Venezuelan PDVSA and Gazprom are discussing cooperation in new gas projects in the republic, the issue will be resolved in the coming weeks, Foreign Minister Ivan Gil Pinto said in an interview with RIA Novosti. “The Gazprom company has already been in Venezuela, already working on projects that were in …

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Oil & Gas Operators

Russia and Venezuela Want to Restore Daily Oil Production Levels

Russia and Venezuela want to restore the previous level of oil production per day, Foreign Minister of the Republic Ivan Gil Pinto said in an interview with RIA Novosti. “Joint oil production in Venezuela in recent years has reached 120-150 thousand barrels per day. Of course, the sanctions regime has …

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Oil & Gas Operators

In January-October, Azerbaijan Reduced Oil and Condensate Production by 8%, Gas Production – Increased by 3.4%

Oil production with gas condensate in Azerbaijan in January-October 2023 amounted to 25 million 68.2 thousand tons, which is 8% lower than the same period in 2022, the State Statistics Committee told the Interfax-Azerbaijan agency. Including, the production of commercial oil with condensate amounted to 24 million 974.4 thousand tons …

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Oil & Gas Operators

The General Director of Vostsibneftegaz has Changed

Anton Kalashnikov has been appointed the new general director of East Siberian Oil and Gas Company JSC (Vostsibneftegaz, part of Rosneft Oil Company), according to the Unified State Register of Legal Entities. Kalashnikov took office on November 16. Before his appointment to the post of manager, Kalashnikov also worked at …

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