LUKOIL’s Hydrocarbon Reserves Reach 15.4 Billion Barrels
LUKOIL Company announced that it has achieved total proved hydrocarbon reserves of 15.38 billion barrels (bbl) of oil equivalent, 76% of which stood for liquids until the end of December 2020.
Russia | Egypt Oil & Gas - Part 12
Russia Signs Oil Production Agreement for Boosting Priobskoye Filed Production
Rosneft Company along with the Russian Ministry of Finance and the Ministry of Natural Resources and the Environment has signed an investment agreement for boosting oil production in the Priobskoye field in the fo ...
Pipe-Laying in Nord Stream 2 Resumes in Denmark
The Nord Stream 2 project’s consortium announced that the works of pipeline laying in the water of Denmark has been resumed.
NOVATEK Joins Arctic Economic Council
NOVATEK company announced that it has formally joined the Arctic Economic Council (AEC).
TATNEFT Adopts Science-Based Targets to Reduce GHG Emissions
TATNEFT company announced that it will develop and adopt science-based targets to reduce greenhouse gas (GHG) emissions and decarbonization within two years.
PAO Novatek, Nuovo Pignone Sign Agreement for CO2 Emission Reduction
PAO Novatek, a subsidiary of Novatek, has signed a cooperation agreement with Nuovo Pignone, a part of Baker Hughes Company, aiming at reducing carbon dioxide CO2 emissions.
LUKOIL, Gazprom Discuss JV Establishment
The President of LUKOIL, Vagit Alekperov and Chairman of the Management Committee of Gazprom, Alexey Miller, have discussed the progress in establishing a joint venture to implement the project of developing Vaney ...
Saudi Arabia Keeps To Rank as Oil Supplier to China in 2020
Saudi Arabia, which is the largest oil exporter in the world, keep its ranking as the first oil supplier for China during 2020, beating Russia .
Cryogas-Vysotsk Produces First 1 MMT of LNG
Russian Novatek company announced that its joint venture with Gazprombank, Cryogas-Vysotsk has produced the first one million tons of liquified natural gas (LNG) since the launch of the project in 2019.
Russia Increases Oil Production to 10.19 mmbbl/d in January
Russia has increase its oil production by 150,000 barrels per day (b/d) to reach 10.19 million barrels per day (mmbl/d) during the period January 1st – 14th after easing the output curbs by the global producers.
