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ENI and Total will explore Caspian oil and gas blocks in offshore Kazakhstan, targeting Abay and Kashagan, plus onshore Karachaganak and Dunga. ENI is focused on exploration offshore in Kazakhstan while Total works onshore. Kazakhstan’s state-owned KazMunayGas and Eni Isatay, a subsidiary of the Italian energy company Eni, plan to...
5 Сентября 2019, Пресс-релиз Эффективность «Газпром нефть» приступила к бурению скважин на одном из крупнейших нефтегазоконденсатных месторождений России — Чаяндинском. Активная фаза опытно-промышленной разработки начнется в IV квартале 2019 года. Чаяндинское нефтегазоконденсатное месторождение. Республика Саха (Якутия) «Газпром нефть» ведет освоение нефтяной оторочки Чаяндинского месторождения в рамках операторского договора с ООО...
Rosneft Deutschland GmbH, a Rosneft subsidiary, is engaged in direct marketing of all refined products produced by Rosneft Deutschland at three refineries in Germany where the company is a shareholder. The product range includes gasoline, diesel, heating oil, jet fuel, LPG, bitumen, fuel oil and petrochemical products. Rosneft Deutschland markets...
Russia should not unleash an oil price war against the United States but rather stick with output cuts even at the cost of losing market share in the medium term, one of the main Russian architects of a production pact with OPEC said. Since 2017, Russia and OPEC have cut...
The US shale production decline is likely to continue, despite a bounce back in demand since April, the height of the COVID-19 pandemic. The U.S. rig count is at its lowest since 2005; only 176 oil rigs are currently active nation-wide. Drilling permits in July dropped to their lowest level...
South Sudan needs investment from the energy industry in the form of money and technology if the country is to rebuild and stabilize itself. That was the point that Nj Ayuk, Executive Chairman of the African Energy Chamberand CEO of the Centurion Law Group, made in a keynote at the...
Gazprom Neft continues to champion the digital transformation of the oil and gas industry by agreeing a joint venture with ICS Holding to develop digital products for not only the Russian energy market but globally as well. The development strategy for the new joint venture is aimed at addressing...
The Lukoil Varanday tariff war with Rosneft over Arctic oil transport from the Varandy loading terminal is headed to Russia's supreme court. The conflict began in 2018 when state-owned Rosneft complained to the Federal Anti-monopoly Service about tariffs that Lukoil levels on shipments from the Varandey terminal on the Pechora...
Bloomberg says it has obtained documents confirming that Exxon Mobil Corp. is the latest company to raise concerns that a stockpile of U.S. government crude is tainted with poisonous gas. Exxon Mobil said some of the oil it purchased last year from the Energy Department’s Strategic Petroleum Reserve, or SPR,...
Cortec Corporation’s VpCI®-391 water-based coating is transforming transit and storage protection options for equipment manufacturers, suppliers, and owners. This removable coating delivers exceptional corrosion protection for indoor and outdoor applications and dries to a thin, clear film which is virtually unnoticeable. VpCI®-391 can be used to protect both unpainted...