Lukoil Commences Drilling at Shirotno-Rakushechnaya Exploration Well
The Russian company, LUKOIL, has commenced drilling of an exploration well at the Shirotno-Rakushechnaya prospect structure, located near to Grayfer field.
News / International
Kuwait, Saudi Arabia Set to Resume Production at the Neutral Zone
Kuwait and Saudi Arabia have plans in place to resume oil production at the Neutral Zone at jointly-operated Khafji and Wafra oilfields on July 1.
Belarus to Import 5.75 MM Tonnes of Russian Oil by Pipeline for Q3 2020
The Belarusian state-petrochemical complex, Belneftekhim, has agreed to import 5.75 million tonnes of Russain oil in Q3 2020.
SEWA Finishes Natural Gas Network Implementation
Sharjah Electricity and Water Authority (SEWA) has finished the construction of a natural gas network 305 km long and stretching across Rahmaniyah.
Iran Plans to Increase Annual Propylene Output to 3 MM Tonnes
Iran’s propylene output is set to reach 3 million tonnes per annum after the completion of the country’s new projects, which will be finished by 2025.
Chinese Refineries to Produce 18 MM Tons of LSFO
Chinese refiners are readied to produce 18.1 million tonnes of low-sulphur fuel oil (LSFO).
Neptune Energy Starts Drilling Dugong Well
Neptune Energy company announced that it started drilling the Dugong exploration well in the Norwegian sector of the North Sea.
Gas Production at Groningen Gas Field to drop to 9.3 bcm
Gas production at the Groningen field in the Netherlands has been capped by the Dutch gas sector regulator at 9.3 billion cubic metres (bcm) for the year ending October 2021
KBR, LTHE Sign MoU for Petrochemical Projects
KBR and LTHE have signed a memorandum of understanding (MoU) to collaborate on future petrochemical projects in India, South East Asia, the Middle East and Africa.
Genel Energy Receives $8.5 MM from Kurdistan
Genel Energy, listed on the London Stock Exchange (LSE), has announced the receiving of payment from the Kurdistan Regional Government (KRG) for May’s oil sales.
