Transneft Siberia held an emergency response drill to verify readiness for, and to train employees in actions in case of containment of an emergency oil spill to water surface in summer. The drills were held in the underwater crossing over three oil trunk pipelines via the Duvan River in Tyumen Region. Emergency line maintenance divisions…
The National Iranian Oil Company (NIOC) has signed a basic non-disclosure agreement with Russia’s state-owned energy giant Zarubezhneft over two oil fields in the western Iran, NIOC said in a statement. Under the agreement, the Russian company will study West Paydar and Aban oil fields and present its proposals to increase the recovery rate of…
Ukraine’s Prime Minister Volodymyr Groysman has held a meeting with the leadership of the U.S. Department of Energy regarding the direction of deepening cooperation in the energy sector. “The energy sector reform is now one of the priorities for the government. The tasks on the agenda are as follows: to open access to the energy…
The sum of a transaction on the acquisition of a controlling stake in Naftogazvydobuvannia significantly exceeds a figure of $180 million voiced by the ex-chairman of the company Oleh Seminsky, the press service of DTEK reported. At the same time, the energy holding said they did not have the right to operate exact figures, because,…
The Cabinet of Ministers endorsed the concept of the Energy Efficiency Fund to be created. “Setting up the Energy Efficiency Fund will allow making very simple things, first of all, improve the efficiency of energy consumption. We have about 100,000 multi-apartment buildings, 7.5 million private households. We don’t need to do pilot projects but broad…
As of the end of June, Rosneft drilled 1,010,684 meters of geological material. More than half of that amount was drilled by company’s in-house service subsidiaries. On June 28, the record daily meterage rate at all producing projects of the company was renewed and reached 40,339 meters. About half of that amount also accounted for…
Tajik Finance Minister Abdusalom Qurboniyon welcomed the delegation of the World Bank, led by Ranjit Lamech, World Bank Practice Manager, Energy and Extractive Global Practice in the Europe and Central Asia Region. Patricia Veevers-Carter, the World Bank Country Manager for Tajikistan, also attended the meeting. According to the Ministry of Finance Secretariat, the meeting participants…