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

EVENTS OF THE MONTH: February 2021

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

OVERVIEW OIL AND GAS: February 2021

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...

THE 300TH FRACTURING OPERATION UKRGAZVYDOBUVANNYA

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

Ukraine announces PSA tenders for 12 oil and gas fields

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

Equinor Invests $269 million to Increase Gullfaks Production, North Sea

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

EVENTS OF THE MONTH: January 2019

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...

OVERVIEW OIL AND GAS: January 2019

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

Ukraine opens arms to upstream investors

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

WoodMac: Upstream M&A deal flow expected to slow in 2019

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

US House Judiciary panel passes bill to make oil cartels illegal

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

Germany’s Coal Phase-Out A Win For Norwegian Gas Developers

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

EVENTS OF THE MONTH: February 2019

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

OVERVIEW OIL AND GAS: February 2019

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

Norway Is Walking Away From Billions of Barrels of Oil

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

Brazil has the potential for a 70% oil production increase by 2035—but is it likely?

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...

The Oil Rigger-Turned-Entrepreneur Now Disrupting The Oil And Gas Industry

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...

EVENTS OF THE MONTH: April 2019

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

OVERVIEW OIL AND GAS: April 2019

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

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Львів / Будинок Вчених
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