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"Oil of Russia"

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OPEC Secretary General Mohammed Barkindo believes that to meet oil demand to 2040 is required to 10.4 trillion dollars of investment in the oil industry. Baku hosts international oil and gas conference, it participates Barkindo. "To cover oil demand to 2040 requires to 10.4 trillion dollars of investment in the oil industry. This should be fixed in all the gaps. The steadily growing demand should gradually be met. The only way to achieve goals is through cooperation," said Barkindo, speaking at the conference. Source: PRIME

During the St. Petersburg international economic forum "Gazprom Neft" concluded with American Corporation DeGolyer and MacNaughton agreement on the selection and application of innovative technologies of enhanced oil recovery Priobskoye field. Signatures under the document was signed by first Deputy General Director of "Gazprom oil" Vadim Yakovlev and the Director of the Russian branch of the D&M Martin H Wiewiorowski. by 2018-2020 experts DeGolyer and MacNaughton will analyze the history of development of the Priobsky Deposit, and will evaluate the potential to increase production and improve oil recovery factor (CIN), will form recommendations for the implementation of this potential and to address the current challenges and problems of the development of...