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Top News

Companies // Capacity of Katharina UGS facility increased 1.5 times

The third cavern of the Katharina underground gas storage (UGS) facility with the capacity of nearly 60 million cubic meters was commissioned in Bernburg. Thus, the facility’s aggregate working gas volume grew by 50 per cent and totaled some 170 million cubic meters.

21 October 2014 , 10:31Neftegaz.RU1480

Daily news

Companies // SPDC completes sale of Oil Mining Lease 24 in Nigeria

The Shell Petroleum Development Company of Nigeria Limited (SPDC), a subsidiary of Royal Dutch Shell plc (Shell), has completed the assignment of its 30% interest in Oil Mining Lease 24 (OML24) and related facilities in the Eastern Niger Delta to Newcross Exploration and Production Limited (Newcross). Total cash proceeds for Shell amount to some $600 million.

26 November 2014 , 10:57Neftegaz.RU320

Companies // Lean Production Conference Was Held at TATNEFT

There was a lean production conference held at JSC TATNEFT on the subject "Effective processes: high performance" with the participation of business leaders, representatives of departments of the Republic of Tatarstan and the Russian Federation, winners and participants of the International Contest for lean production, leading experts in the field of lean production and industrial systems' development.

25 November 2014 , 13:21Neftegaz.RU520

Rumour of the day

All rumours

Companies // Amec Foster Wheeler US Heat Recovery Steam Generator Contract Win

Amec Foster Wheeler today announces that BHI Co., Ltd., a licensee of its Global Power Group, has been awarded a contract by a prominent US power producer to design and supply two Heat Recovery Steam Generators (HRSGs) in the United States.

25 November 2014 , 12:37Neftegaz.RU980

Companies // New software-based drive functions

Siemens is extending the range of applications for its Sinamics S120 drives family with new, software-based Advanced Technology Functions.

25 November 2014 , 12:29Neftegaz.RU840

Companies // Time-out in Kwanza exploration drilling program

Statoil has decided to cancel the Stena Carron rig contract after fulfilling the work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin offshore Angola.

24 November 2014 , 11:07Neftegaz.RU680

Conferences&Exhibitions // 5th Myanmar Oil & Gas Exhibition 2015

5th Myanmar Oil & Gas Exhibition 2015 : Alongside the Exhibition we are hosting the Annual Asian Oil and Gas Awards Ceremony 2015 and the Myanmar Oil and Gas Awards Evening.

24 November 2014 , 11:02Neftegaz.RU490

Companies // Bashneft boosts IFRSnet income by 39.6% during the nine months of 2014

November 24, 2014, Moscow. Today, Bashneft Group, which comprises JSOC Bashneft, its subsidiaries and affiliates, released its unaudited consolidated financial statements for the third quarter of 2014 and the nine months ended September 30, 2014 prepared in accordance with International Financial Reporting Standards (IFRS).

24 November 2014 , 10:20Neftegaz.RU700

Conferences&Exhibitions // Russia’s internal LPG market pricing to be discussed at Russia’s LPG and LNG conference 4-5 Dec

Anna Bondarenko, Thomson Reuters Kortes’ senior expert will make a presentation on the Russia’s domestic LPG market pricing and will present demand and supply analysis on LPG in the country at the conference “Russia’s LPG and LNG markets” on December 4.

21 November 2014 , 11:41Neftegaz.RU770

Companies // Moody’s confirms Bashneft’s CFR at Ba2, positive outlook

Moody’s Investors Service has today confirmed Bashneft’s corporate family rating (CFR) and probability of default rating (PDR) at Ba2. The outlook on all the ratings is positive. This concludes the review for downgrade initiated by Moody’s on 18 September 2014.

20 November 2014 , 17:57Neftegaz.RU720

Companies // Total Commits to Three Major International Initiatives to Combat Climate Change

Total is consolidating its efforts to address climate change by supporting three international initiatives backed by the Global Compact, the World Bank and the Climate and Clean Air Coalition (CCAC).

20 November 2014 , 16:56Neftegaz.RU800

Companies // Gazprom and Petrovietnam discuss future cooperation in oil and gas sector

Working meeting held between Alexey Miller and Nguyen Xuan SonThe Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Nguyen Xuan Son, Chairman of the PetroVietnam Oil and Gas Group (PVN) Board of Directors.

19 November 2014 , 18:00Neftegaz.RU930

Companies // 20-year-old viola player gets million kroner grant

Eivind Holtsmark Ringstad from Oslo has been granted the Statoil talent scholarship in classical music for 2014.

18 November 2014 , 10:31Neftegaz.RU820

Companies // Rosneft and PDVSA Signed a Second Long-Term Contract for Supplies of Oil and Oil Products

Rosneft Group and PDVSA signed a long-term contract for supplies of oil and oil products of Venezuelan production.

18 November 2014 , 10:29Neftegaz.RU770

Conferences&Exhibitions // Future of Polyolefins 2015

ACI’s Future of Polyolefins 2015, taking place in London, UK, on 21st – 22nd January 2015, will bring together key industry experts to discuss the latest strategies and methods to overcome current challenges, and maximise the opportunities. The conference will address how the industry will evolve, current trends, how to respond to the changes of the market and the growing demand from end users.

18 November 2014 , 00:09Neftegaz.RU830

Companies // Statoil CEO: Oil and gas investments needed to meet future demand

"The scale of the climate challenge requires us not only to ask how we can do more, but how we can achieve the most. Climate change doesn’t stop at borders – and neither should our solutions,” says Statoil CEO Eldar Sætre at the Statoil Autumn Conference.

17 November 2014 , 15:00Neftegaz.RU1410

Companies // DNV GL launches new generation of integrity management software for plants

The increasing complexity of plant production processes impacts both operational risk and business performance. By combining the best functionality of two products, DNV GL has launched a new plant integrity software solution which supports operators and plants owners in the drive to optimise plant operations and safety.

17 November 2014 , 11:06Neftegaz.RU890

Companies // Record breaking Shah field to open

The UAE’s ultra-sour gas field posed a number of logistical and technological challenges for Al Hosn, confirmed the company’s vice president for technical and engineering support, David Keat.

14 November 2014 , 17:05Neftegaz.RU960

Companies // DNV GL proposes wind powered water injection EOR

DNV GL is proposing a new concept that combines mature water injection technology with the newest developments in offshore wind power to achieve more cost effective Enhanced Oil Recovery (EOR). Now, industries are invited to join DNV GL in developing this concept further in a joint industry project. Initial studies show it will reduce the cost of water injection, avoid costly topside modifications and reduce greenhouse gas emissions.

14 November 2014 , 16:32Neftegaz.RU1620

Oil and gas worldwide // 2.4 million tons of Azerbaijani oil transported via BTC in October 2014

2 million 481 thousand 366 tons of Azerbaijani oil was transported via BTC main export pipeline in October 2014.

14 November 2014 , 11:13Neftegaz.RU840

Conferences&Exhibitions // Gazprom gasenergoset experts to focus on Russia’s LPG and LNG markets trends

Representatives of the major LPG supplier on Russia’s market - Gazprom gazenergoset will speak about domestic LPG market trends on December 4. 

13 November 2014 , 14:28Neftegaz.RU940

Companies // Total Energy Ventures Steps Up Its Investment in Energy Storage by Acquiring an Interest in Aquion Energy

Total Energy Ventures, the venture capital arm of French energy company Total, is investing in Aquion Energy, a start-up specialized in energy storage technology.

13 November 2014 , 14:14Neftegaz.RU1270

Companies // MOL Group’s Successful Bidding in UK 28th Seaward Licensing Round

BUDAPEST, Hungary  – 13th November, 2014 – MOL Group proudly announces that it has been offered  four licenses, all as operator, on the UK Continental Shelf as part of the UK’s 28th licensing round.

13 November 2014 , 14:11Neftegaz.RU860

Companies // DNV GL tackles corrosion and integrity of ageing wells with new JIP

The global oil and gas industry is now facing the reality that many of its on and offshore wells are being used beyond the original lifespan.  This presents significant uncertainty around the integrity, safety and productivity of the remaining service life. DNV GL has established a Joint Industry Project (JIP) to develop guidelines for a decision support framework for corrosion assessment and integrity management of ageing wells.

13 November 2014 , 13:02Neftegaz.RU710

Companies // Transneft’s Far Eastern Alley appears in Sokolniki Park of Culture and Recreation in Moscow

The traditional annual environmental event organized by Transneft, JSC, was held in Sokolniki Park on November 8, 2014. 

12 November 2014 , 15:03Neftegaz.RU890

Companies // Oilmen Have Summed up Results of the Annual Springs Contest

The results of the annual contest "Maintenance of the aesthetic condition of the properly organized springs and water quality improvement" were summed up at JSC TATNEFT.

12 November 2014 , 14:57Neftegaz.RU1060

Companies // Total, Committed to Better Energy at ADIPEC

Some 60,000 visitors are expected at the 30th Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC), which runs from November 10 to 13.

12 November 2014 , 14:53Neftegaz.RU870

Companies // Siemens integrates new power supply in networked automation applications

•    Compact Sitop PSU8600 with integrated Profinet communication
•    Outputs with overload protection and individual monitoring for high reliability
•    Complete integration into TIA (Totally Integrated Automation)
•    Support of power management and condition monitoring
•    Modular expandability without additional wiring effort
11 November 2014 , 15:01Neftegaz.RU1050

Companies // Figures Demonstrating Results of Operations in October and during Ten Months of 2014

Crude Oil Production
In October the amount of 2,233,339 tons of crude oil or 100.6% versus October 2013 was produced at JSC TATNEFT, while the production since the beginning of the year amounted to 21, 436,124 tons, which was 98,210 tons more than in 2013 (100.4%).
The amount of 21,436,910 tons of crude oil was delivered with the above-the-plan delivery amounting to 28,760 tons.

11 November 2014 , 11:02Neftegaz.RU700

Companies // Russia and China sign Framework Agreement on gas supplies via western route

As part of the APEC summit in Beijing, a number of documents related to the Russian-Chinese cooperation in the energy sector were signed today in the presence of Russian President Vladimir Putin and Chinese President Xi Jinping.

11 November 2014 , 10:57Neftegaz.RU880

Companies // Rosneft and CNPC Signed a Framework Agreement on the Purchase of 10% Share Stake of Vankorneft

Rosneft and China National Oil & Gas Exploration and Development Corporation (CNPC subsidiary) have signed a framework agreement envisaging the purchase of a 10% share stake in ZAO Vankorneft. The document was signed on the sidelines of the APEC summit.

10 November 2014 , 16:23Neftegaz.RU750

Question of the week

Will the russian South stream be launched or russian politics will come to a settlement with ukranian collegues?

the South stream will be launched
Russa and Ukraine will come to a settlement and ukranian gas piplene sistem will be renewed
the South stream?! what is it?