Oil and Gas Industry Latest news

18.11.2013 Ukraine’s DTEK Begins Gas Imports from Poland

The largest private energy holding DTEK, belonging to Ukraine’s businessman Rinat Akhmetov, has started importing natural gas from Poland under a contract signed with PGNiG petroleum company, according to DTEK Commercial Director Andrei Favorov, Itar-Tass reported on Nov

18.11.2013 Russia’s Bashneft Joins Two International Associations

Bashneft said on November 15 it has joined the International Association of Oil & Gas Producers (OGP) and the International Petroleum Industry Environmental Conservation Association (IPIECA).

18.11.2013 Seismic Streamers Installed on Norway’s Snorre Field

Seismic streamers were installed on the Snorre field this past summer, Norwegian Petroleum Directorate said on November 15.

18.11.2013 RN Holding Board Approves Share Sale to Rosneft

RN Holding (hereinafter – the Company) announced that the Company’s Board of Directors decided on November 14, 2013 to recommend the Company’s shareholders to accept the voluntary offer of Rosneft as of October 18, 2013 to acquire ordinary and preferred shares of the Com

18.11.2013 Indonesia, Algeria to Develop Ties in Oil Sector

The Energy and Mineral Resources Ministry said the recent visit of its delegation to Algeria bore fruit, as one of the world’s biggest petroleum producers welcomed deeper cooperation, particularly in the oil business, The Jakarta Post reported on November 16.

18.11.2013 Kuwait to Produce More Oil

Kuwait is pumping billions of dollars into projects to expand its oil production capacity to four million barrels per day from three mbpd within a strategy to maintain its position as one of the world’s largest crude exporters, Emirates247.com reported on November 17, ci

18.11.2013 Russia’s Rosneft Plans Northern Route for Vankor Oil

Oil from the giant Vankor project could be taken out via a projected terminal in the Yenisey River, Barents Observer reported on November 15.

15.11.2013 Robot Used to Check Pipeline at Kazakhstan’s Kashagan

A robot is being used to check a pipeline at the offshore Kashagan field where oil production was stopped after a gas leak.

15.11.2013 Rosnedra to Put up for Auction Three Blocks in Yugra

In 2014, the Federal Agency for Mineral Resources (Rosnedra) will put up for auction three hydrocarbon blocks in the Khanty-Mansi autonomous area. The licenses will provide for conducting geological surveys, exploration works and production.