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Mass media / Periodicals

"Oil of Russia"

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OPEC predicts growth in the supply of oil by countries outside the organization in 2019 to 64.4 million barrels per day, which is 10 thousand barrels per day higher than the previous forecast. This is stated in the monthly report of the organization. In the last report, the experts of the OPEC suggested that the oil supply by independent producers in the current year will be 64,39 million barrels per day. Thus, the organization expects growth of oil supply by independent producers in 2019 by 1.99 million barrels compared with the previous year. According to the report, the volume of deliveries of oil by countries outside OPEC in 2018, made up of 62.41 million barrels per day. In 2020, according to the forecast organization, the supply of oil countries...

The Transit of Russian oil through Ukraine increased in August 2019 by 28.7% compared to the same period last year to 1.39 million tons, which is the highest monthly volume since March 2015, the report said, "Ukrtransnafta". "the Transit of oil to Europe in August this year compared to the same period grew by 28.7% to 1.39 million tons. The last time a greater volume of transit of oil per month (1.547 million tons), "Ukrtransnafta" was provided in March 2015", – stated in the message. the Volume of oil transportation to Ukrainian consumers (refineries) rose in August compared with the same period last year by 23.3% to 227,7 thousand tons, a record monthly record for the transportation of oil to refineries in the last 4.5 years. the Total volume of oil...

The Venezuelan state oil company PDVSA has opened an office in Russia, it follows from the system data "Spark". the Company "PDVSA RUSIA" (PDVSA Rusia) was registered on 6 Aug 2019 in Moscow. Legal address of the company – Arbat street, building 10 (business centre Midland Plaza). the CEO of the Russian subsidiary PDVSA is Andrey Grishaev. Earlier, on 1 March this year, Executive Vice-President of Venezuela, Delcy Rodriguez said the Venezuelan President Nicolas Maduro made the decision to close the office of state oil company PDVSA in Lisbon and transfer it to Moscow. She explained that the assets of Venezuela, which are located in countries allied with the United States are under threat. According to Rodriguez, the transfer office is also linked with plans...

Gazprom needs to reduce the transportation of gas via the Opal to half of the transit capacity of the pipeline, according to the decision of the Court of justice handed down on Tuesday, told RIA Novosti on Wednesday, the Federal network Agency of Germany. the EU Court on Tuesday overturned the decision of the European Commission from 2016 on increased access for Gazprom to the Opal capacities, finding it violates the principle of energy solidarity. This pipeline takes Russian gas from Nord stream. "the Federal network Agency has called for the company to fulfill the court's decision... Transportation of gas Gazprom operated pipeline Opal should be reduced to half of its capacity", – said the Agency. Cancelled the decision of the European Commission from...

LUKOIL closed the deal on acquisition of 25% stake in the Marine XII project in the Republic of Congo the company New Age M12 Holdings Limited, the company said. The transaction was closed after all the conditions precedent, including obtaining approval from the state authorities of the Republic of the Congo. License block Marine XII with an area of 571 sq km located on the continental shelf of the Republic of the Congo 20 km from the coast. The sea depth in the area of the plot is 20-90 m. within the plot there are five fields proven and probable reserves (2P) are estimated at 1.3 billion barrels. BC according to the international independent audit. In 2015, commissioned in the field Nene and Litchendjili, daily production which is 28 thousand barrels. oil...

US Authorities admit the possibility of the introduction of new economic measures against "Rosneft" from-for growing volume of trade Venezuelan oil. This was during a telephone press briefing said US special representative for Venezuela Elliott Abrams. On the question of whether "Rosneft" to fall under U.S. sanctions as a company that buys oil from Venezuela, Abrams replied: "Yes, it's possible." "We have not yet done so, but it is obvious that "Rosneft" gets a lot of money from trading with Venezuela. And they buy large volumes of oil from Venezuela at a deep discount, and in exchange sell them petroleum products. That is, they help Venezuela and benefit from it. At some stage we have still to solve the question about the possible reaction to the actions...

Russian President Vladimir Putin invited the head of Gazprom Alexei Miller to consider the issue of supplies to China via the Eastern route (pipeline "Power of Siberia – 2") gas from the Yamal fields. About Putin said during a meeting with Miller. "I would ask you to return to the topic that we have repeatedly discussed with you, and with our Chinese friends mean the possibility of using the resources of the Irkutsk region, the Krasnoyarsk territory. Please look also on the reserves of the Yamal Peninsula to gather the necessary supplies for these supplies via the Western route to China through Mongolia," said Putin, quoted by the press service of the Kremlin. "you Know that there is a route too difficult, but preliminary consideration suggests that it is...

NK "Rosneft" has started development drilling on the third field Elginskogo cluster Chiprovska. Until the end of the year it is planned to drill 8 directional and 4 horizontal wells. the Drilling of production wells based on the successful exploration results leads a specialized subsidiary company "RN-Drilling" using domestic drilling rigs and advanced well construction technologies. Only in 2019 on projects Elginskogo cluster will be involved in 18 rigs. The use of high-tech equipment, successfully proven at carrying out pilot tests on Kondinsky field, will allow to reduce terms of construction of wells and increase oil production. the Use of a single infrastructure Elginskogo cluster Chiprovskogo in the development of the field will give a synergistic...

Russia continues to maintain its leading position among importers of energy resources to China for the first half of 2019 China increased its crude oil imports from Russia by 15%, to 37.7 million tons, said on Friday the Vice-Premier of the state Council of China, Han Zheng at a meeting with Deputy Chairman of RF government Dmitry Kozak. "is Steadily increasing the volume of bilateral trade in energy, our countries are together a reliable and stable partners in this area in the long term," said Han Zheng at a meeting of the Russian-Chinese Subcommittee on energy cooperation. According to him, "Russia for many years has been the leader in the supply of electricity in China for the past three years, Russia retains first place among suppliers of crude oil and...

"Gazpromneft-Badra" (subsidiary of "Gazprom oil") began to supply granulated sulphur from the Badra oil field in Iraq. Created the company's unique gas infrastructure has allowed not only to diversify but also to increase the level of associated petroleum gas utilization above 98%. the Amount of pilot batches of products set out in the benefit of the Iraqi customer – the company "ARD al-Sahla", amounted to 1,000 tons. Shipment from the field was carried out with the help of large trucks up to 40 tons and took a week. Currently, "Gazpromneft-Badra" ready for shipment the next batch with a volume of over 3 000 tons of granulated sulfur for one of the enterprises of Iraq. "Gazpromneft-Badra" carries out commercial operation of the asset for 5 years. During...

Rosneft celebrates 10 years since the beginning of commercial production at the Vankor oil and gas condensate field. The Vankor project became the first example of the successful development of large deposits in the complete absence of infrastructure. In 2009, in a ceremony bringing a field to commercial operation was attended by Vladimir Putin, who said: "Vankor is the first, and consequently a very important step in implementing the strategic project for the integrated development of hydrocarbon fields in the North of the Krasnoyarsk territory and the Yamalo-Nenets Autonomous district. In the coming years, there should be a new Russian oil and gas province". Vankor field was discovered in 1988 and the largest reserves belong to the category of unique. Its...

The Volume of investments in the fuel and energy complex of Russia may rise by 2024, 40% vs. 2018 to around 7 trillion rubles, said in a speech at the Eastern economic forum – 2019 energy Minister Alexander Novak. "the President (Vladimir Putin. – ed.) the task may decrees to increase the share of investment to 25% of GDP. We believe in General that by 2024 through the use of stimulus measures to increase investment by almost 40% and bring them up to almost 7 trillion rubles," – said the Minister. Novak explained that we are talking about investments like oil and gas, and power generation. He recalled that in 2018 the investments in the energy sector in Russia amounted to about 5 trillion roubles (of which 4.2 trillion occurred in the oil and gas industry...

On the official website of the 14th International exhibition and conference on development of oil and gas resources of Russian Arctic and continental shelf of CIS – RAO/CIS Offshore 2019 published the program of the forum. The event is organized by the government of the Russian Federation, the Ministry of energy of the Russian Federation, JSC "Gazprom", JSC "NK "Rosneft", NRC "Kurchatov Institute", LLC "Gazprom VNIIGAZ", RAS Scientific Council on problems of Geology and development of oil, gas and coal and Exhibition Association "RESTEC". the program of the RAO/CIS Offshore 2019 includes the plenary sessions, several round table discussions and consultations with the participation of Russian and foreign experts, the work of the exhibition and business...

"Gazprom Neft" and NOVATEK have identified the North Wrangel area on the continental shelf of the Chukchi sea as the first joint offshore project, told reporters on the sidelines of the East economic forum – 2019, the head of "Gazprom oil" Alexander Dyukov. "Yes, the North-Wrangel", – he told, answering an appropriate question. the Operator works on the North-Wrangel license area is the company "Gazpromneft-Sakhalin", subsidiary company "Gazprom oil". The company is also the operator of exploration at Dolginskoye field, North-West license area, Jasovska license area, as well as Asscom license area in the sea of Okhotsk. NOVATEK has so far not worked on the Russian shelf. Source: RNS

The Decision to build "far East LNG" is accepted, the project will be implemented in the framework of the project "Sakhalin-1", told reporters Russian energy Minister Alexander Novak on the sidelines of the Eastern economic forum. "Yes, "Sakhalin-1", the Minister said, responding to a question. the Project "Sakhalin-1" is implemented on the terms of the agreement on production section. The operator of the project with a share of 30% stands Exxon Neftegas Ltd ("Exxon Neftegaz limited", a subsidiary of ExxonMobil), "Rosneft" – 20%, Japanese Sodeco – 30%, Indian ONGC – 20%. Considered several options for monetization of the gas from this project. The first is the construction of a new plant "far Eastern LNG" Rosneft near the village of De-Kastri, and the...