August 22, 2012
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Editor’s Letter

  Thank you Gazpromneft! I had no idea what to write in this month’s editorial – August being the month that it is – and you have literally “made my day!”
My colleague Elena sent me a link to a presentation made to Gazpromneft by a consulting company that recently proposed a new dress code for Gazpromneft…

Main Article

World Gas Conference: Wintershall on Growth Course

The German crude oil and natural gas producer Wintershall is continuing to expand its international activities. The company, a wholly-owned subsidiary of BASF SE, remains on growth course despite the general economic downturn.

Featured Article

TDS-Maker PromTechInvest Proves 
Small and Medium Size Manufacturers Can Prosper


Russian drillers are legendary for using low-cost, simple rigs and equipment, particularly in West Siberia. But as production companies that hire drilling contractors demand ever more complex wells, higher technology equipment is required.

More Top Features

Murmanshelf 
Promotes Its Namesake as the World’s Supply Base for Arctic Oil and Gas

   Murmanshelf General Director Grigoriy Ivanovich Stratiy gives a hearty greeting to guests visiting his trade organization that underlines his vision of the future: “Welcome to Murmansk,” he told this reporter, “the future capital of offshore polar operations for the entire world.”

Domestic Valve Makers Struggle to Retool, Upgrade Standards as Industry Restructures

Russian valve manufacturers are adopting new production methods and embracing new technical standards, including those of the American Petroleum Institute (API), to survive in an increasing competitive environment.

Zvezdochka Ship Repair Center
Readies Itself for a Shot at Shtokman

Shipyard No. 35, a branch of the Zvezdochka JSC, is a ship repair plant. Being a legal successor to a shipyard it has been working for the Northern Fleet for 70 years, doing ship repair for the Navy, as well as repairing boats and vessels for other customers.

IHS CERA: World Oil Demand Set to Resume Growth; Return to Pre-recession Levels by 2012

World oil demand is set to grow next year for the first time since 2007 and return to pre-recession levels by 2012, according to IHS Cambridge Energy Research Associates (IHS CERA) in its quarterly World Oil Watch report.

The Development of the Arctic offshore is the Global Task of Mankind

At the end of the 2040s of this century the reserves of oil and partially gas in such traditional regions of oil and gas production as West Siberia or the Persian Gulf will be exhausted meanwhile the energy demand at that time will increase multifold.

China’s August Oil Consumption Drops 5.4% from July – First Decline in 6 Months

Chinese oil demand in August slid 5.4% from July, arresting a month-on-month climb seen since March this year, as the world’s second largest oil consumer reined in oil imports as well as crude throughput rates at domestic refineries, according to a data analysis just released by Platts

Gazprom Starts U.S. Trading Operations in Houston

Gazprom Marketing & Trading USA, the U.S. arm of the world’s largest natural gas producer  is ramping up operations in Houston in a big way

Natural Gas to Play Key Role in Cutting CO2: Study

Global natural gas production will need to grow by 70 percent if the world is to start reducing carbon dioxide emissions quickly enough to avoid the worst effects of climate change, according to a study released on Tuesday

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