Rosneft Increased Hydrocarbon Production by 1.3 Percent
Rosneft in the first quarter of 2023 increased hydrocarbon production by 1.3% compared to the previous quarter, to 5.6 million barrels of oil equivalent per day, the company said. “Hydrocarbon production in the first quarter of 2023 reached 5.6 million barrels of oil equivalent per day, an increase of 1.3% …
Rosneft Increased Gas Production by 2.7 Percent
Rosneft increased gas production by 2.7% in the first quarter of 2023, to 1.5 million barrels of oil equivalent per day, the company said. “The company’s average daily gas production in the first quarter of 2023 reached 1.5 million barrels of oil equivalent per day, exceeding the figure for the …
Norway Starts Chasing Arctic Oil and Gas
The Norwegian government is urging energy giants to step up oil and gas exploration projects in remote regions like the Barents Sea in the Arctic, ignoring protests from climate companies as the Scandinavian country seeks to solidify its position as Europe’s biggest gas supplier. Norway overtook Russia last year as …
Gazprom Dobycha Orenburg Has Completed a Production Program for April and From the Beginning of 2023
Gazprom Dobycha Orenburg has completed a production program for the extraction and transportation of hydrocarbon raw materials and finished products for April and from the beginning of 2023. The gas production indicator was 105.1 percent with respect to the planned task, condensate – 109.0 percent, oil – 123.8 percent. The …
Oil Production in Yakutia in the 1st Quarter of 2023 Increased by 11%
Oil production in Yakutia in the 1st quarter of 2023 amounted to 5.1 million tons, which is 11% higher than the level of the same period in 2022. This was reported in the Ministry of Industry and Geology of Yakutia. Recall that in 2022 Yakutia reached record levels of oil …
Vladimir Putin Explained the Reduction in Gas Production
Oil and gas revenues are lagging behind the plan, Siluanov said. Putin replied that although the price of gas “has dropped a little” and production is declining, the situation is “absolutely stable” Russia has set a certain price for gas and reduced production, but these actions are connected with the …
Iraq Invited International Companies to Develop Oil and Gas Fields
Iraqi Oil Minister Hayan Abdel Ghani has invited international companies to bid for investment projects to develop 13 fields and exploration sites in the country’s northern, central and southern provinces, the oil ministry’s press office said in a statement to RIA Novosti. “The Ministry seeks to increase oil and gas …
The US Department of Energy Predicted an Increase in Oil Production in the Country in June
Oil production in the main oil and gas producing regions of the United States, in which a significant part of the production is shale oil, will rise in June compared to the current month by 41 thousand barrels per day, or 0.4%, to 9.332 million barrels, the Energy Information Administration …
Yamal LNG Produces its Billionth Cubic Meter of Tight Gas from Jurassic Reservoirs
PAO NOVATEK (the “Company”) announced that the Company’s joint venture Yamal LNG has produced its billionth cubic meter of gas from the South-Tambeyskoye gas and condensate field’s Jurassic reservoirs on the Yamal Peninsula since the start of production of Jurassic gas in 2020. The Jurassic program, which is one of …
Rosneft Produced the 10 Millionth Ton of Oil at the Tagulskoye Field
RN-Vankor (part of Rosneft’s oil production complex) has produced 10 million tons of oil at the Tagulskoye field since the start of its operation. Oil production at the Tagulskoye field is provided by 224 wells. Oil treatment is carried out at four mobile oil treatment units. Commercial quality oil is …