In Kazakhstan Oil Production Was Restored after Spring Floods
Oil production in Kazakhstan after the large-scale floods that occurred in the spring is carried out according to the schedule, the plan is met by almost 100%. This was announced by Deputy Prime Minister – Minister of National Economy of the country N. Baibazarov. Theses of N. Baibazarova: For oil …
In 2023 Oil Companies Burned 148 Billion Cubic Meters of Gas During Oil Production
Oil companies around the world burned the most APG in five years in 2023, according to a World Bank report. We are talking about 148 billion cubic meters, which is 7% more than in 2022, despite the fact that crude oil production increased by only 1% last year. Increases in …
Hess-Chevron Deal May Be Suspended Until 2025
A transaction arbitration panel that could have blocked or green-lit the $53 billion sale of Hess to Chevron has not made a decision three months after ExxonMobil filed a claim for pre-emptive rights to buy Hess’ assets in Guyana as a co-owner of the project. The third and final arbitrator …
Niger Has Begun Oil and Gas Exploration in the East of the Country
Prime Minister of the country Ali Mahaman Lamin Zein noted that geological exploration work had been started by SONIDEP. The Niger National Petroleum Company (SONIDEP) has begun its first exploration work in the desert in the southeast of the country. This was announced by the Prime Minister of Niger, Ali …
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 …
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 …
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, …
“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 …
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 …
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 …