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March, Wednesday

Science and Technology

Halliburton introduces new real-time coiled tubing services

Halliburton introduced SPECTRUM FUSION service, the newest offering in the SPECTRUM family of real-time coiled tubing services.

Baker Hughes announces the industry’s 1st adaptive drill bit

The company announced the commercial release of its TerrAdapt™ adaptive drill bit, which can deliver dramatic improvements in drilling economics.


Analyses: No fines for Gazprom’s monopolistic practices in Central Europe?

On 13 March, after 5 years of antitrust proceedings against Gazprom, the EU's commissioner for competition Margrethe Vestager announced that the European Commission was ready to settle the case.

Analysis: Indian refiners set sights on Russian crude oil

2 of India's largest refiners, Reliance and Indian Oil Corporation, are setting their sights on buying Russian Urals crude as the key export grade shows signs of competing with some Middle Eastern sour barrels.

Daily news

Top News

Will Russia ditch its ambitious oil tax reform?

2018 was supposed to be a transformative year in Russia – presidential elections are looming, the Russian economy is expected to bust out of its current slump and the oil sector’s tax regime was set for significant changes. The long-mooted move to implement a switch to an excess-profits tax-based (EPT) regime has long been the pet project of Russia’s Ministry of Finances, yet recent developments suggest the ambitious scope of the proposed reforms will most likely be brought to naught.

Question of the week

Will the russian Turkish stream be launched, or an apology to Erdogan is not enough?

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Nominee of the Democratic Party for President of the United States in ..
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is an exiled Russian businessman and former oligarch
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EX - Governer of the Samara region
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Deputy general director on personnel of Surgutneftegaz
Kasyanov Mikhail Mikhailovich
Ex-Prime Minister of Russia, Chair of the political party People's Fre..


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