Oil

In 2013, Irkutsk oil company increases oil supplies via ESPO by 1.3 times

In 2013, Irkutsk oil company increases (INK) oil supplies via ESPO by 1.3 times to 3 million tons. The volume will be one third of the total volume planned for transporting via ESPO to the port of Kozmino in 2013, i.e. 21 million tons, compared to 16.2 million tons in 2012, including over 2.2 million tons from INK deposits. Read more »

Oil shipment volume from Kozmino oil port over 11 months made up 14.5 mln tons

The volume of oil shipment from the sea oil port of Kozmino over the first 11 months of 2012 made up 14.5 mln tons.

More than 30% was sent to Japan, 25% to China, almost 20% to the USA. South Korea, Singapore, Taiwan, Thailand, Indonesia, the Philippines and Malaysia imported less. Read more »

Gazprom and Japan strengthen cooperation

The Chairman of Gazprom Management Board A. Miller and the extraordinary and plenipotentiary ambassador of Japan in Russia T. Harada. The sides discussed the current status and prospects of cooperation between the Russian gas holding and the Japanese companies. They put particular attention to joint Far Eastern projects. They discussed realization of the project for construction of an LNG plant nearby Vladivostok, and stated successful cooperation between Gazprom and the Japanese energy companies within Sakhalin-2. Read more »

Bashneft and Russneft to be able to work in Europe intermediaries

The purchase of the Dutch trader Argos Group by AFK Systema will allow Bashneft (taking into account the development of Trebs and Titov deposits) and Russneft, which are the parts of the Corporation, to improve the possibilities of the oil transportation and merchandise its production to the foreign market without intermediaries, RBK daily writes, referring to the Corporation. Read more »

Pranab Mukherjee: TAPI demonstrates the intention of India to deepen its cooperation with Turkmenistan

The President of India, Pranab Mukherjee noted the mutual benefits of cooperation in TAPI gas line project (Turkmenistan-Afghanistan-Pakistan-India) in his letter to Turkmen President Gurbanguly Berdymukhamedov.

The letter is confined to 21 anniversary of Turkmen independency. Read more »

The contractors drawn by Lukoil to Filanovsky deposit to have advantages in conclusion of new contracts

The contractors drawn by Lukoil to development of Caspian Filanovsky deposit will have advantages in the conclusion of the contracts for the development of other Caspian deposits of the company, Vagit Alekperov said at his meeting with contractors in Astrakhan.

“Those contractors which had won the tenders for the building of surface facilities there will undoubtedly have some advantages at the tenders for other Caspian deposits”, he emphasized. Read more »

Konstantin Simonov: Innovation technologies are the future of oil production

The oil and gas sector is one of the most important locomotives of Russian innovations, the General Director of the National Energy Safety Fund. Konstantin Simonov said.

As he told, the problems of innovations and oil and gas sector are at two opposite sides. “Many people believe, the oil and gas sector and innovations have nothing in common. Actually, very much is said about innovations as we see that oil and gas industry often rejects its innovation rights and participation in the innovation process”, Simonov believes. Read more »

Japan is about to increase gas and oil purchases from Russia

Japan maps out to increase the purchases of oil and gas from Russia. It is due to the fact that Japan has decided to turn away from nuclear-power engineering completely, the Minister for Economics, Trade and Industry H.Ando asserted. Radio station “Eho Moskvy” reminds, the country has demanded the stopping of nuclear power plants after the accident at a nuclear power plant “Fukusima”. Japan faces a fresh problem – where to take the funds for a purchase of energy products. There has arisen budget deficit for the first time in 30 years. Read more »

Eni postpones the launch of the Arctic project

One of the first oil deposits of the Arctic, being prepared for putting into industrial operation, will start working not earlier than Q1 2014, the company-operator Eni said initially it was planned to start the oil production at the deposit in Q4 2013.

The delay is due to the fact that the production platform is not ready, it is being constructed at the dry dock of Hyundai Heavy Industries, Eni reports.

The project has faced the difficulties, the company assumes.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Rosneft purchases an oil terminal in Murmansk

Rosneft maps out to revive a transshipment terminal, located at the territory of a former military shipyard, for its Arctic projects. In future, the terminal will provide for the shipment of 18 million tons of oil per year. Read more »

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
Telephone: +7 927 303 00 25

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer