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

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

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

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...

Victor Erchenko , Head of Sales and Product Promotion Department, Fidmash CJSC Fidmash is relatable to as a company producing coiled...

Vitaly Tsybulskyi.  Technical Sales Manager Weatherford "In blowout operations, we burn most of the commercial gas. In other words,...

22-28.02.2021 Smart Energy started drilling a new well at the Sviridovskoe field. On February 23, the British company Enwell Energy,...

According to the Association of Gas Production Companies of Ukraine, 1.68 billion m3 of gas was extracted in January, which is 0.5% more...

Drilling waste receiving, processing and management works were completed at the drilling site in the Poltava region. All waste is...

25-31.01.2021 After being repaired, the well No. 203 at the Berezovskoe field produces over 100 mcm of gas per day, as Naftogaz Group...

On December 22, 2020, new production facilities to repair electric centrifugal pump units (ECPU) were opened on the territory of the...

Enactment of the Law removes final obstacles to full implementation of the EU Regulation №312, which introduces a network code for gas...

28.12.2020-03.01.2021 For the oil and gas industry, the year ended with the long-expected signing of seven production sharing...

26.10-01.11.2020 On September 24, the Ukrainian Energy Exchange launched the Trading Platform on the short-term natural gas market....

21-27.09.2020 DTEK Neftegaz carried out repair of a deep well through snubbing. Repair of the well No. 43 of the Semirenkovskoe gas...

For 9 months of 2020, the GTS Operator of Ukraine transported 14.8 bcm of gas from Europe to Ukraine at the request of its customers....

24-30.08.2020 Naftogaz Exploration and Production established the Expert Council consisting of 11 leading national scientists and...

For 8 months of 2020, the GTS Operator of Ukraine transported 12.5 bcm of gas from Europe to Ukraine at the request of its customers....

PJSC "Ukrnafta" informs about appointment of Oleg Gez to the position of the Chairman of the Management Board from July 31, 2020. The...

Gas TSO of Ukrainee and NEC Ukrenergo held a joint strategic session on planning the long-term development of the gas transportation...

According to the GTS Operator of Ukraine, gas transit amounted to 30 bcm for 7 months of 2020.

27.07-02.08.2020 The Energy Community approved the creation of the natural gas exchange in Ukraine. At that, the Secretariat of the...

The global crisis due to COVID-19 is not an ordinary cyclical fall, it is a shock that will change the organization of the global...

For the first time, the Newfolk conference was held in two formats at once - traditional offline and online stream on several social...

According to Ukrtransgaz, the first half of 2020 was a record-setting for the operation of Ukrainian UGSs in recent years. Outside the...

22-28.06.2020 Cadogan Petroleum restores production at the Blazhev-3 and Blazhev-Monastirets-3 wells at the Blazhivskoe oil field in the...

VII NEWFOLK INTERNATIONAL OIL AND GAS CONFERENCE "COILED TUBING. HYDRAULIC FRACTURING.DRILLING SERVICES. GEOPHYSICS. DIRECTIONAL DRILLING"

Natural gas production in Ukraine in the first 5 months of 2020 compared to the same period last year saw a 3% decrease amounting to...

25-31.05.2020 Regal Petroleum plc was renamed Enwell Energy plc. Smart Energy Group reported the new brand of the British company. At...

Gas imports from the European Union amounted to 3.9 BCM in four months.

27.04-03.05.2020 Chernigovneftegazgeologiya, a subsidiary of Nadra of Ukraine JSC, restores oil production at the Shatravinskoe field....

In March, NTP Burova Tekhnika LLC successfully completed the third sidetracking operation at the Gnidyntsivske field in the Pryluky oil...

24.02-01.03.2020 In an interview with the Rating publication, CEO of Geo-Alliance Lyudmila Kuchmenko noted that the Ukrainian gas...

According to the GTS Operator, gas imports saw 76% increase in the first quarter of 2020.

The last week of January for Naftogaz group was marked by personnel changes. Alexandr Oleksenko was appointed CEO of...

In the first 2 months of 2020, gas production in Ukraine fell by 2.1% or 73 million cubic meters compared to the same period of the...

On June 22, the head of the integrated gas business of Naftogaz of Ukraine Andriy Favorov presented to the sector experts and mass media...

Horizonty Group of Companies owns a large fund of old wells with high reuse potential. When designing the side track profile, experts...

29.07-04.08.2019 According to the available information, Ukrgazvydobuvannya started the process of well drilling and shut it down at...

According to Ukrtransgaz, 12.2 bcm of natural gas were received from Ukrainian gas companies since the beginning of the year and as of...

The service branch executed the multistage HF on its own, modernized fleet owned by the state company. The four-stage HF is a level of...

  24-30.06.2019 From the beginning of the year, Ukrnaftoburinnya PrJSC developed the third well. Its depth is 5,520 m, and the...

According to Ukrtransgaz, natural gas production in Ukraine for the first half of 2019 increased by 2.8% - up to 10.49 BCM compared to...

27-31.05.2019 VI Newfolk International Oil and Gas Conference “Coiled Tubing. Hydraulic Fracturing. Drilling Services. Geophysics....

According to Ukrtransgaz JSC, within five months of this year, 8.8 BCM of gas from Ukrainian gas producers came to the Ukrainian gas...

JV Poltava Petroleum Company (PPC) is announcing the start of production from well 3 West Mashivska. This well is the first new drill by...

22-28.04.2019 On Thursday, Yuri Vitrenko, the head of the Supervisory Board of Ukrnafta PJSC, reported that last year’s company's...

According to Ukrtransgaz, 11.BCM of gas were transported to the Ukrainian consumers of all categories for January-March 2019 by main gas...

18-24.02.2019 This week, RegalPetroleum started drilling a new exploration well in the Poltava region. Projected well depth is 4,859 m....

According to the operational data of JSC "Ukrtransgaz", in January, the flow of natural gas from gas companies in the Ukrainian GTS...

DTEK Neftegaz completed drilling of a new deep directional well. Ukrgazvydobuvannya got a multiple increase in flow rate after wells...

The 300th fracturing operation under the program for the development of industrial implementation of the method took place at the...

21-27.01.2019 DTEK Naftogaz reports the completion of a deep well drilling. The depth of the new facility is 5,605 meters with a 380...

According to the updated information by the Ministry of Energy and Coal Industry, natural gas production in Ukraine in 2018 grew by 2.4%...

The increase in natural gas production in January was 3.1% compared to January of the previous year. According to the data of...

This year will be the year of the oil and gas revival, as prices lift performance and major projects come online. While Australia is...

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

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...

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

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

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

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

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

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

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

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...

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

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

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

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

Sweeping changes to Norway’s traditionally static offshore tax structure could dramatically change the industry, with tax refunds...

ExxonMobil reported its biggest-ever quarterly loss on Friday as the coronavirus pandemic slammed demand and prices for oil.

2020 hasn’t been kind to the energy sector, and a growing wave of energy bankruptcies has started to build.

Growth in carbon emissions in 2019 slowed from the sharp increase seen in the previous year, as primary energy consumption decelerated...

As the Covid-19 crisis spread around the world, large numbers of people started working from home, with immediate and varied impacts on...

By CAMERON WALLACE HOUSTON – Halliburton is making reductions in its field staff in Oklahoma and Texas, including its Duncan field...

RIO DE JANEIRO — Recent negotiations involving leaders from major oil-producing nations and the United States will prove...

CALGARY (Bloomberg) --Alberta Energy Minister Sonya Savage will participate in an OPEC+ call next week aimed at resolving the global oil...

Helps leading energy and capital-intensive companies with shaping their strategies and work in M&A, commercialization, negotiations,...

Schlumberger announced a commitment to setting a science-based target to reduce its greenhouse gas (GHG) emissions.

Saudi Aramco is moving forward with a $110-billion plan to develop the Jafurah tight-gas field that lies to the east of the supergiant...

Italy’s Eni is reporting a new oil find in the mid-deepwater area of the Sureste Basin, about 40 miles offshore Mexico. Early...

Shell, Gasunie and Groningen Seaports have launched a project that will entail construction of a purpose-built up to 10GW offshore wind...

• Energy consumption is expected to grow by 0.9%/year up to 2040. • The extent of the economic growth is mitigated by...

Oil and gas producers that can demonstrate that they are taking strong action to reduce methane emissions can credibly argue that their...

- Shut-in would require October JKM below $3.94 by July 20 - TTF prices for September would need to be below EUR10.19/MWh

"Natural gas is one of the mainstays of global energy. Where it replaces more polluting fuels, it improves air quality and limits...

Western Europe’s biggest petroleum producer is falling out of love with oil. To the dismay of the nation’s powerful oil...

Brazil can look forward to some positive news when it comes to oil production for the next few years. After closing 2018 at nearly 2.6...

Brett Chell doesn’t fit the stereotypical oil executive mold but he has made his way from working on the oil rigs to building and...

The country has large untapped gas reserves and wants foreign partners to help unlock them

In fourth-quarter 2018 upstream, merger and acquisition activity fell to its lowest level since first-quarter 2015 as volatile oil...

The US House of Representatives’ Judiciary Committee approved a fresh bill by voice vote on Feb. 7 to amend the Sherman Antitrust...

Norway’s offshore investors stand to gain from Germany’s plans to phase out coal-fired power generation, with demand for...

On 5 January 2019 entered into force Resolutions passed by the Cabinet of Ministers of Ukraine on 18 December 2018 (the "Resolutions")...

The Gullfaks partners have decided to drill seven new wells and thereby improve oil recovery by 17 MMbbl with good profitability. On...

Schlumberger today announced the award by Noble Energy of an engineering and supply contract for a two-thousand-ton single-lift process...