News
The Ukrainian company PJSC Chemproject won the tender that was held by the Estonian company OÜ Derivaat NH3 for the green ammonia project

Kyiv.The Ukrainian company PJSC Chemproject won the tender that was held by the Estonian company OÜ Derivaat NH3 for the green...

The SPE Eastern Subsurface Conference took place in Kyiv on November 23-24

The SPE Eastern Europe Subsurface Conference organized by the Society of Petroleum Engineers and initiated by Naftogaz brought together...

OVERVIEW OIL AND GAS: November 2021

In 10 months of 2021, Ukrgasvydobuvannya produced 11.366 bcm of gas. Compared to the same period last year, the decline in production is...

EVENTS OF THE MONTH: November 2021

22-28.11.2021 Naftogaz launched new large-scale production projects with a potential of up to 600 bcm of gas reserves. International...

NAFTOGAZ AND RWE SIGN MEMORANDUM OF UNDERSTANDING ON HYDROGEN

NJSC Naftogaz of Ukraine and German energy trading company RWE Supply & Trading have signed a memorandum of understanding. Both...

EVENTS OF THE MONTH: August 2021

  23-29.08.2021 Ukrnafta PJSC paid UAH 7.33 billion in taxes to budgets of all levels during January-July 2021. This amount...

OVERVIEW OIL AND GAS: August 2021

State-owned Ukrgasvydobuvannya JSC in January-July 2021 reduced natural gas production compared to the same period last year by 5.2%....

For the first time in Ukraine UKRNAFTAGAZSERVIS LLC used a Resonator X3 downhole oscillator when drilling directional well

Author: Serhiy Landar, Head of Service Department, Ukrnaftagazservis LLC Resonator X3 downhole oscillator was used to optimize the...

OVERVIEW OIL AND GAS: July 2021

In the first 6 months of 2021, Ukraine produced 9.75 bcm of natural gas - 4% less than in 2020. This is evidenced by the recent report...

EVENTS OF THE MONTH: July 2021

  19-25.07.2021 In Kiev, the Polish company Polskie Górnictwo Naftowe i Gazownictwo S.A. (PGNiG Grupa Kapitałowa) held a...

Ukraine’s first risk contract was implemented by Sela Energy at the GEO ALLIANCE GROUP’s well

For the first time in the Sumy region, the project of inflow intensification was implemented in the Serpukhov formation. Sela Energy...

High-quality large-diameter pipe returns to the Ukrainian market

Why oil and gas transportation companies of Ukraine have been forced to make do with falsification since 2015? What equipment is needed...

DC Horyzonty: On the Experience of Using the Terratrak Plus® Composite Plates Made in the UK

Arrangement of access roads and platforms for certain well works is an important component of successful project implementation....

EVENTS OF THE MONTH: June 2021

21-27.06.2021 Mavrikiy Kalugin joins Naftogaz team. He will be involved in solving stabilization and production growth issues. Mavrikiy...

OVERVIEW OIL AND GAS: June 2021

Gas reserves in UGSs of Ukrtransgaz JSC as of the end of June amount to 16 BCM, which is 5% higher than at the beginning of the gas...

Incentive taxation is an effective mechanism of combatting the natural decline in gas production

273 wells were sunk in 2018-2020due to incentive taxation. New wells produced extra 4.5 bcm of gas. The share of gas in the total volume...

The Black Sea’s oil and gas potential: the reality and prospects of drilling a unique ultra-deep well on Zmiiny Island

The first exploration well in the Black Sea was drilled on the Golitsyn run high in 1975, almost simultaneously with the start of...

The VII International Industry Forum to mark the technologies of enhancing production took place

On March 10, the VII International Industry Forum "Improving the efficiency of hydrocarbon recovery in oil and gas fields of Ukraine"...

EVENTS OF THE MONTH: March 2021

22-28.03.2021 The Oxford Institute for Energy Study noted the achievements of the Ukrainian Energy Exchange in the wholesale natural gas...

OVERVIEW OIL AND GAS: March 2021

According to the Association of Gas Producers of Ukraine, 1.51 bcm of gas was produced in February, 9.8% down compared to January and...

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World News
Burckhardt Compression wins major order for LNG Terminal in Brunsbüttel, Germany, supporting energy security and transition

Winterthur, Switzerland – Burckhardt Compression, a leader in reciprocating compressors, has been selected to supply critical...

Delivering hydrogen and carbon capture technologies at scale is essential to enable a net zero power system in britain

·        Power demand is likely to grow significantly by 2050 in Great Britain as we electrify...

The New Energy Outlook (NEO) 2021

The New Energy Outlook (NEO) is BloombergNEF’s annual long-term scenario analysis on the future of the energy economy. This...

Petrobras orders $2.3 billion FPSO from Saipem and Korea’s DSME

Brazilian oil and gas major Petrobras has signed a contract with a joint venture formed by Saipem and DSME in the amount of $2.3 billion...

EQT sets ambitious net zero goals for its natural gas operations

Bloomberg) --EQT. Corp., America’s largest natural gas driller, set a target to zero out emissions from its own operations and...

OPEC agrees to boost oil output in August on Saudi-UAE compromise

OPEC and its allies agreed to gradually add more oil supplies to the market, ending a two-week spat between Saudi Arabia and the United...

The evolving renewable energy partnership landscape: Implications for oil and gas majors

The renewable energy boom will continue to accelerate. Oil majors are well-positioned to use JVs and alliances to build renewables...

UK ministers consider ban on new North Sea exploration – report

UK  ministers are considering a ban on new oil exploration licenses in the North Sea as a move away from fossil fuels, a step that...

Gas Market Report, Q1-2021

Global gas demand fell by an estimated 2.5% or 100 billion cubic metres (bcm) in 2020 – its largest drop on record. Amid this...

Is carbon capture too expensive?

The idea that CCUS is “high cost” ignores the bigger picture

OPEC+ 2021: How to increase oil output without undoing 2020’s gains

LONDON (Bloomberg) --As one of the most tumultuous years in oil’s history ends, a delicate task now confronts OPEC+.

Can Anything Stop Brazil’s Massive Oil Boom?

The COVID-19 pandemic had a sharp impact on oil prices, creating considerable uncertainty over the outlook for energy demand around the...

Putting gas flaring in the spotlight

Natural gas flaring has been a longstanding problem for the oil industry. The most recent data indicate that around 150 billion cubic...

Natural gas: First quarter of 2020 - compared with first quarter of 2019

Natural gas consumption was falling over the first months of 2020 in major markets even before the Covid‑19 pandemic, mainly due to...

Siemens Energy to help reduce emissions at NLNG plant

Nigeria LNG (NLNG) selected Siemens Energy to provide a cryogenic boil-off gas (BOG) compression train for its Bonny Island plant. The...

Impact of Covid-19 on oil supply, demand and price to 2030

The COVID-19 pandemic will have a profound and lasting impact on oil supply, demand and price for the next 10 years. Two scenarios are...

An oil giant’s epiphany on climate change

BP’s slow shift to clean energy since the Deepwater Horizon spill is picking up speed, perhaps setting an example for the...

Opec+ to address market challenges

AMID growing ‘crude’ concerns, the Organisation of Petroleum Exporting Countries and its allies (Opec+) are preferring to...

Which oil and gas companies may bargain for investments?

Two weeks ago, news agencies reported on Warren Buffett's Berkshire Hathaway first major investment after a long break.

Commentary: No industry better positioned to get people back to work than energy – Tom Olsen

Pipe for the Trans Mountain pipeline is unloaded in Edson, Alta. on Tuesday June 18, 2019. The Canadian Press

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