Home Oil&Oil Products

Oil&Oil Products

Kazakh oil to China has been reduced along the Atasu-Alashankou pipeline this week after tests carried out earlier in January showed a high content of organic chloride, three trade sources familiar with the matter told Reuters on Tuesday. Organic chloride found in the oil varied between 70 and 120 ppm...
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...
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...
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...
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...
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...
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...
India diversifies oil imports these days with more US and Russian supplies on offer to compensate for less geopolitically risky Middle East crude. Hydrocarbon Processing reported that imports of Middle Eastern oil fell to a four-year low in 2019. The Houston-based trade publication obtained tanker data from sources showing that...
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,...