OVERVIEW OIL AND GAS: July 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...

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...

EVENTS OF THE MONTH: August 2020

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

OVERVIEW OIL AND GAS: August 2020

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....

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...

EVENTS OF THE MONTH: September 2020

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...

OVERVIEW OIL AND GAS: September 2020

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....

EVENTS OF THE MONTH: October 2020

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

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...

EVENTS OF THE MONTH: December 2020

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

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...

EVENTS OF THE MONTH: January 2021

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...

Ukrnafta opened a modern shop to repair ECPU

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 No. 3176 and its role in the development of the gas market of Ukraine

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

Victor Erchenko. FIDMASH NOV: Technology and Development

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

Actual results of applying plunger lift and capillary systems

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

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