SICIM Won The Tender For The Modernization of Gas Installations at The West Qurna-2 Field
The Iraqi Council of Ministers, as part of measures to optimize the gas sector, approved the results of a tender for the modernization of mineral impurity removal facilities and the construction of drying and compressed gas installations, as well as a nitrogen installation for the West Qurna-2 field. According to …
Gazprom Considered That Shale Operators Had Exhausted The Potential For Increasing Production Efficiency
Shale gas operators have exhausted the potential for increasing production efficiency and rising costs will affect the liquefied natural gas produced from it, Gazprom notes. The concern’s Board of Directors heard an annual report on the prospects for the development of the shale gas and liquefied natural gas (LNG) industry …
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 …
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 …
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: …
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 …
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
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 …
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 …
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 …