Oil and Gas, Mercuria

Ukrnafta intends to start oil production in the Sumy and Lvov regions

Ukrnafta" is going to start the oil production in the Sumy and Lvov regions at the end of 2016. This was reported by the Ukrnafta’s press centre.

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In the first 5 months, the Ukraine reduced oil production by 12.2%, condensate by 5.8%

In January-May 2016, the oil production on the mainland of the Ukraine decreased by 12.2% (93.6 thousand tons) compared to the same period in 2015 to 673.4 thousand tons. This was reported by the Ministry of Energy and Coal Industry.
It is noted that the gas condensate production in this period fell by 5.8% (to 16.3 thousand tons), to 265 thousand tons.
In January-May 2016, enterprises of Naftogaz Ukrainy reduced the oil production by 10% (72.4 thousand tons) to 653.1 thousand tons, gas condensate by 7.8% (16.4 thousand tons) 195.1 thousand tons.

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Azerbaijan has opportunity to produce oil and gas from shale

The country has potential for production of oil and gas from shale, the first vice-president of SOCAR Khoshbakht Yusifzade stated.

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New Enhancements to Rusmininfo,full story selector available in Russian

Rusmininfo is pleased to announce some further enhancements to the news service.This week we have launched a full story selection system in Russian so now every user can select the news they want to receive according to their exact parameters in both Russian and English for full e-mail alerts.
To set up your new selections please log in and click on 'My News Alerts' then use the drop down menu and click on the companies,countries and sectors you want to receive news on.
If you have mislaid your log in details please e-mail [email protected]
Best Regards
Rhod Mackenzie
Managing Director

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