Oil

ChTPZ Group supplies casing large-diameter pipes with welded connectors for offshore shelf

The ChTPZ Group, with the technical assistance of Rosshelf, has mastered the production of large-diameter casing pipes with welded lock-type connectors for well construction in offshore conditions.

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In January-November 2017, Azerbaijan reduced export of oil by 7%

In January-November 2017, Azerbaijan exported 29 954.1 thousand tons of oil, which is by 6.6% les than in the same period of 2016, the Government told the Interfax-Azerbaijan.

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Transneft starts the construction of three OPS in the Irkutsk Region for ESPO.

The TMC Eastern Siberia-Pacific Ocean (Transneft's subsidiary) has begun construction of oil pumping stations (OPS) No.

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Anton Siluanov: Russia must become the second Norway and not to feel changes in oil prices

Russia should pursue its budgetary policy in such a way as not to feel the fluctuations in oil prices by analogy with Norway.

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NOVATEK reorganizes a number of subsidiaries after acquiring new assets in Yamal.

NOVATEK decided to reorganize a number of its subsidiaries after the purchase of new production assets in the Yamal-Nenets Autonomous District in late 2017, as follows from the materials of the com

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Russian Energy Minister believes it’s pointless to change forecast for oil price for 2018

The head of the Energy Ministry of the Russian Federation Alexander Novak believes that it is inexpedient to change the forecast for oil prices for 2018 and should keep it at the level of $50-60 pe

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Rosgeology starts drilling Gydanskaya-118 well in Yamal

Rosgeology will conduct the first stage of drilling the parametric well Gydanskaya-118.

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In 2019, Lukoil plans to increase production at West Qurna-2 to 450 thousand barrels per day

Lukoil has planned to increase oil production at the West Qurna-2 field in Iraq to 450 thousand barrels per day in 2019, said general director of Lukoil Mid-East, a subsidiary of Lukoil, Gati al-Je

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5 oil and gas subsoil plots put up for auction in the Republic of Bashkortostan

Privolzhsknedra auctioned 5 oil and gas fields in the Republic of Bashkortostan. Privolzhsknedra informed about this on January 15, 2018.

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Nazarbaev positively assesses cooperation of Kazakhstan and the USA in oil and gas sector

President of Kazakhstan Nursultan Nazarbayev at the meeting with the US Energy Secretary Rick Perry in Washington on January 17 gave a positive assessment of cooperation with the USA in the oil and

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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