Eurasia Journal News

Dmitry Patrushev: the Work of Rosnedra Allows Us to Guarantee Technological and Raw Material Sovereignty

The Deputy Prime Minister of the Russian Federation noted that the department has developed a serious potential in the regulatory, legal and technical areas of domestic geological exploration. The activities of Rosnedra in geological exploration allow for strategic planning and guarantee the technological and raw material sovereignty of Russia. This …

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Eurasia Journal News

Russia and Vietnam Supported the Expansion of the Work of Oil and Gas Companies

The Russian Federation and Vietnam support the creation of conditions for expanding the work of Russian oil and gas companies on the shelf of Vietnam and Vietnamese-in Russia, the two countries published on the Kremlin’s website about the further deepening of a comprehensive strategic partnership in the context of the …

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Eurasia Journal News

Tatneft Brought the Disposal of Associated Gas to 98.1%

In 2023, the company invested 1.34 billion rubles in minimizing greenhouse gas emissions. Tatneft in 2023 invested 18.9 billion rubles in environmental protection. The growth of this indicator is associated with the modernization of networks and water supply and sewage facilities at the Tango refineries, the technical transmission of compressors, …

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Eurasia Journal News

“Zarubezhneft” Received a License to Master the Block 11-2 of the Shelf Vietnam

“Zarubezhneft” received an investment license to master the block 11-2 of the continental shelf of Vietnam, the Interfax correspondent reports. During the visit of the President of the Russian Federation Vladimir Putin, a number of documents were signed in Vietnam. Within the framework of the exchange ceremony, the Minister of …

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Eurasia Journal News

The United States Can No Longer Interfere with Iran in the Production and Export of Oil

Oil Minister Iran Javad Ovji said that the United States could no longer interfere with the export and extraction of Iranian oil. “Given the measures that were adopted by the Government of the President of Raisi in the field of the oil industry, I must announce that any government that …

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Eurasia Journal News

Canada’s Oil and Gas Emissions Cap Plan Would Cut Output

Canada’s proposed oil and gas emissions cap would cut output rather than boost investment in expensive carbon capture and storage (CCS) technologies, according to a report by consulting firm Deloitte published on June 19, 2024, by the Alberta government. The Liberal government led by Canadian Prime Minister D. Trudeau is …

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Eurasia Journal News

Chevron Expands Angola Assets

Chevron has signed two risk service contracts (RSCs) for Block 49 and Block 50 in the ultra-deepwater Lower Congo Basin of Angola through its Angolan subsidiary Cabinda Gulf Oil Company Limited, kicking off exploration work and laying the groundwork for development of the blocks, the African Energy Chamber said in …

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Eurasia Journal News

Iran to Sign Oil Contracts Worth $2 Billion

National Iranian Oil Company (NIOC) CEO Mohsen Hojasteh Mehr said Iran plans to sign oil development contracts worth more than $2 billion. Agreements will be signed for the development of the Changule and Band-e-Karhe fields, as well as for the purchase of crude oil refining services. Under the current government, …

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Eurasia Journal News

Zarubezhneft Increased Oil Recovery in Cuba

Production at Boca de Jaruco has increased thanks to the technological innovations of the Russian company, said the head of the Russian Ministry of Energy, Sergei Tsivilev, at a meeting with Cuban Deputy Prime Minister Ricardo Cabrisas. The Boca de Jaruco field is located in the north of Cuba and …

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Eurasia Journal News

Surgutneftegaz in 2023 Obtained 56.4 Million Tons of Oil and 7 Billion Cubic Meters of Gas

The head of the company Vladimir Bogdanov reported that Surgutneftegaz is counting on the preservation of oil production in 2024 at 2023. Surgutneftegaz oil production in 2023 amounted to 56.4 million tons, and gas – 7 billion cubic meters, the company reports. “In 2023, the volume of oil production of …

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