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Tethys Petroleum CEO, David Robson, speaks at AFF on Clean Energy for China

Dr. David Robson, Chairman, President and Chief Executive Officer of Tethys Petroleum Limited, the only independent oil and gas company operating in three of the Central Asian republics, will be speaking at the Asian Financial Forum in Hong Kong at 9.45 am on Tuesday 18th January 2011. He will speak …

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Korean LNG project evaluation

On November 18th SSPA, FKAB, White Smoke and Swedish Marine Technology Forum entered into a joint agreement with the Korean energy giant KOGAS to evaluate the possibilities for developing a Korean system for delivery of LNG to gas-fuelled ships. The order is an acknowledgement of West Sweden as an area …

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Kazakhstan Oil Production Project Approved for Doris Oil Project

Almaty, Kazakhstan, Tuesday January 11, 2011: Tethys Petroleum Limited (“Tethys” or the “Company” (TSX:TPL)) today announced it had received approval for the Doris oil pilot production project and also provided an update on its operations and forward drilling plans in Kazakhstan. Highlights; Pilot Production Project approved by Kazakh State 3D …

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Gazprom Neft and TNK-BP agreed to acquire stakes in CJSC Messoyakhaneftegaz

Gazprom Neft and TNK-BP have agreed to acquire 50% stakes each in CJSC “Messoyakhaneftegaz”, owner of development licenses for the group of Messoyakha oil and gas fields in the north of the Yamal Peninsula. CJSC Messoyakhaneftegaz belongs to the Slavneft group of companies owned by Gazprom Neft and TNK-BP on …

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PetroNeft Resources Update Jan 2011

PetroNeft Resources plc (AIM: PTR) owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to provide an update on its operations at Licence 61. Highlights: Year-end production reaches 2,750 bopd from 9 of 11 wells Fracture stimulation programme to start mid-January 2011 will significantly increase …

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Oilmen are among the Winners of the Best Innovative Ideas Contest of the Republic of Tatarstan

Ten projects of TATNEFT Group of Companies have received the awards of the VI-th Republican Contest “Fifty Best Innovative Ideas for the Republic of Tatarstan” arranged by the Venture and Investment Fund of Tatarstan and the Academy of Sciences of the Republic of Tatarstan. The winners awarding ceremony was held …

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TATNEFT Has Manufactured 100,000 Solid Steel Cord Tires

Nizhnekamsk factory of solid steel cord tires has produced 100,000 tires with solid steel cord. This symbolic milestone has been reached within the short time period: OAO TATNEFT put the factory into operation in December 2009. The plans of OOO “Nizhnekamsk SSC tire factory” provide for starting mass production of …

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LUKOIL ANNOUNCES THE COMPLETION OF THE ISSUANCE OF US$1.5 BILLION IN CONVERTIBLE BONDS

OAO LUKOIL announced the completion of the issuance of U.S.$1.5 billion 2.625 per cent senior unsecured convertible bonds due June 2015. The bonds are convertible into American Depositary Receipts (“ADRs”) listed on the London Stock Exchange each representing one ordinary share of OAO LUKOIL. The bonds were issued by LUKOIL …

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Technical Fair of Ideas and Proposals Has Once Again Turned out Very Fruitful

A scientific and technical fair of the ideas and proposals, which has already become traditional for TATNEFT Group of Companies, was arranged together with the Scientific and Technical Society of Oil and Gas of the Republic of Tatarstan. This year the fair has been dedicated to the 60-th anniversary of …

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Estimating Reservoir Permeability Through Well Logging

М. М.  Khasanov, К. V. Тoropov, А. А. Lubnin, (NK Rosneft OJSC) Introduction Many major problems in the simulation of the hydrodynamic models of oil reserves are connected with profile estimations of the vertical distribution of permeability in drill-holes. Known methods of macro-scale (selective flow) permeability testing – drill-stem testing …

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