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02.06.2014 SPD Begins Construction on ASP Mixing Unit

Salym Petroleum Development N.V. (SPD) and ООО “Stroytransgaz-M” (STGM) signed a contract for construction of ASP* mixing unit at the West Salym oil field in Khanty-Mansi Autonomous Okrug – Yugra.

07.04.2014 Iran sets deadline for China’s CNPCI regarding oil field

Iran has given China’s oil giant, CNPCI, three months to meet its obligations regarding a massive oil field in Iran or face expulsion from the project, an Iranian deputy oil minister says, Press TV reported on April 7.

13.03.2014 YPF discovers oil field in Argentina’s Río Negro

State-controlled energy company YPF announced on March 11 the discovery of an oil field in Río Negro province, with the potential to supply up to 15 million barrels of crude, Buenos Aires Herald has reported.

17.12.2013 South Korea’s Dana Petroleum Buys into Danish, German North Sea Sectors

Dana Petroleum has acquired equity in two licences in the Danish and German sectors of the Southern North Sea, the company announced on December 16.

05.11.2013 Colombian Authorities Approve Pacific Rubiales Oil Licenses

Pacific Rubiales Energy Corp. has finally erased one of the question marks hanging over its immediate future, an encouraging sign for investors interested in betting on the Toronto firm’s foray into Colombia’s oil field, The Globe and Mail reported on November 4.

25.10.2013 Candax Energy Sells 10% Interest in Madagascar Block 1101

Candax Energy, a company focused on mature oil field development in Tunisia, on October 24 announced that its 100% owned subsidiary, Candax Madagascar Limited, has completed its previously announced sale of its 10% interest in Madagascar Block 1101 to Oyster Madagascar L

31.05.2013 Multistage Hydraulic Fracturing Carried out by Tatneft

Tatneft is successfully implementing innovative technologies at its oil fields.