The LUKOIL Press Service would like to announce that Vladimir Mulyak, former Vice President for Technologies and Development of Oil and Gas Fields, has been appointed Vice President for Science and Technology of the Business Segment “Geological Exploration & Producti
Falcon Oil & Gas Ltd., the Toronto listed and Dublin headquartered company, focused on unconventional oil and gas exploration and production in Hungary, Australia and South Africa, announces that its Hungarian subsidiary TXM Oil and Gas Exploration LLC has executed t
DNV has launched a recommended practice (RP) for the entire life cycle of shale gas extraction, based on risk management principles, industry best practices and standards.
TNK-BP informs that it has launched a pilot project to drill wells with multistage fracs in its Severo-Khokhryakovskoe field (estimated ABC1 reserves of 55 mln tons). By now, drilling of the first directional well at well pad 118 has been completed.
Dragon Oil plc, an international oil and gas exploration, development and production company, announced January 17 that the Group has reached a two-year agreement with Socar Trading for the sale of the full volume of our export entitlement production via Baku, Azerbaijan
RIA Novosti reports that the United States is expected to surpass Russia and Saudi Arabia in 2013 as the world’s largest producer of crude oil and biofuels, British oil major BP said in its latest report published on Thursday.
Russian gas giant OAO Gazprom said Thursday that third-quarter net profit doubled from a year earlier on the back of a forex gain as the Russian ruble weakened against the U.S. dollar, reports Dow Jones.
Russia's OAO Gazprom has received requests this year from several European clients, including GDF Suez SA, to revise gas prices, Dow Jones cites a Gazprom executive on Thursday.
Dow Jones reports that Russian natural gas producer OAO Gazprom said Thursday it had signed a deal with Croatia's state-owned pipeline operator Plinacro to build a branch to the country from the planned South Stream pipeline.
As reported by Dow Jones Wire, Polish state-controlled natural gas utility PGNiG (PGN.WA) imported 3.1 billion cubic meters of gas in the fourth quarter of 2012, compared to 2.9 bcm in the same period a year ago, the company said Thursday.