Eurasia Journal News

Tatneft Prepares for CO2 Injection into the Reservoir

Tatneft has received a subsurface license for the Tukaevsky-1 site in Tatarstan for the construction and operation of underground facilities where the company plans to store carbon dioxide (CO2). The site covers the territories of the Nizhnekamsky, Tukaevsky, and Zainsky districts, according to Interfax. According to the State Register of …

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Eurasia Journal News

Tatneft Has Oil Reserves Sufficient for Two Centuries

The total oil reserves of Tatneft amount to 10.5 billion tonnes. At the current production level, the company’s resources are sufficient for more than 200 years.This was stated by Nail Maganov, General Director of the company, during a shareholders’ meeting. It was clarified that out of the total oil resources …

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Eurasia Journal News

The Republic of Tatarstan Has Enough Oil Reserves to Last for 200 Years

Today, a one-percentage-point increase in the oil recovery factor could expand the recoverable reserves of Public Joint Stock Company Tatneft by an amount equivalent to the discovery of a major new oil field. Following the lifting of production restrictions under the OPEC+ agreement, Tatneft is positioned to significantly increase oil …

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Eurasia Journal News

Public Joint Stock Company Tatneft Will Process 70 Percent of Its Own Oil

Public Joint Stock Company Tatneft Will Process 70 Percent of Its Own Oil and Develop Petrochemicals for Further Diversification Public Joint Stock Company Tatneft plans to increase the share of its own oil processing from the current 60 percent — already the highest rate in the Russian Federation — to …

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Conference and Exhibition News and Updates

Tatneft Announces Celebration Program for Its 75th Anniversary

Tatneft Announces 75th Anniversary Celebration Program Across Oil Cities of Tatarstan. On April 26, Tatneft will host a series of festive events in oil-producing districts of Tatarstan to mark the company’s 75th anniversary. The celebration schedule, revealed by the Devon News Agency, highlights parades, concerts, and cultural performances across several …

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Russia Oil Gas Magazine

A New Method of Thermal Extraction of Hard Oil Is Proposed

Water can be converted into steam at the bottom of an oil well for long–range delivery. Anatoly Zamri, General Director of the Intersectoral Expert and Analytical Center at the Union of Oil and Gas Industrialists of Russia, proposed a way to increase the efficiency of thermal methods in the extraction …

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Russia Oil Gas Magazine

Neural Network Will Determine the Age of Rocks

Scientists from the Advanced Petroleum Engineering School of the Higher School of Petroleum presented their developments at the International Oil and Gas Youth Forum in Almetyevsk. The Devon News Agency learned about this from a report from the HSE. Thus, geologists and paleontologists are training neural networks to determine the …

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Eurasia Journal News

Tatneft Will Participate in the Project to Develop the Bibi-Heybat Field in Azerbaijan

The head of the company, Nail Maganov, noted that Bibi-Heybat is one of the oldest deposits in the republic. Tatneft will participate in a project to develop one of the oldest fields in Azerbaijan – Bibi-Heybat, where it will work together with the Azerbaijani company Socar on the introduction of …

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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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Conference and Exhibition News and Updates

Russian Oil Companies are Looking for Partners in Azerbaijan

Among them are Tatneft and oilfield services companies from Tatarstan. The Baku Energy Week (June 4-6) is taking place in the capital of Azerbaijan. Leading representatives of the oil and gas industry and energy from around the world are participating in it. Large Russian companies have also become active participants …

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