Search for oil deposits

02.04.2014 Oil exports via Caspian Pipeline jump in March

Russian and Kazakh oil exports via the Caspian Pipeline Consortium (CPC) jumped by 24 percent in March, compared with a year earlier, as the result of an expansion in pipeline capacity, Reuters reported on April 1.

21.03.2014 Russia’s Slavneft audited gas reserves grow

As of December 31, 2013, Slavneft's audited proven oil reserves under USA Securities and Exchange Commission's (SEC) LOF (life of field) methodology amounted to 1646.9 mln bbl, Slavneft’s press office said on March 20.

03.03.2014 China discovers huge oil, gas deposits

China discovered nearly 1.1 billion tonnes of oil deposits and 616.4 billion cubic meters of natural gas reserves in 2013, said the Ministry of Land and Resources, Xinhua reported on March 2.

28.01.2014 Russia discovers 26 oil and gas deposits in 2013

The state geological service Rosnedra has reported at a meeting at the Russian Natural Resources and Environment Ministry that 23 oil and three oil and gas deposits were discovered in 2013, the Ministry’s press service has said. These are preliminary data.

11.12.2013 Prepayment on Chinese Contract to Allow Rosneft to Develop Deposits Faster

The prepayment which Rosneft has received from China for oil deliveries will make it possible to launch several deposits in East Siberia in three years’ time rather than in 10 years, Russian Deputy Energy Minister Yury Sentyurin has told State Duma.

11.12.2013 Kazakh Munay Servis Ltd to Drill Wells for Kaspy Neft

Munay Servis Ltd has received an order to drill wells at the oil deposits developed by Kaspy Neft, Kaspy Neft has said.

The 363mn tenge contract was signed on December 6, 2013.

Copyright:, 2013