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Rosneft is Disappointed by the Decision of the EU Court
Rosneft considers the decision of the EU Court of Justice, delivered on the 28th of March, 2017, illegal, groundless and politicized. This decision proves that in Europe the rule of law is being subst...
3/28/2017 - Oil & Gas Companies - Russia
NIS Board of Directors Appoints Kirill Tyurdenev CEO of Serbia’s NIS
The Board of Directors of NIS a.d. Novy Sad has taken the decision to appoint Kirill Tyurdenev (previously First Deputy CEO for Refining, Sales and Distribution) CEO of NIS. The company’s current CEO,...
3/24/2017 - Executive Recruiting - Russia
CNPC Sees Fourth Leg Of Shaanxi-Beijing Pipeline Operational In October
China National Petroleum Corp expects the fourth leg of the Shaanxi to Beijing pipeline to be operational in October, the official Xinhua agency reported, citing a Beijing official, as the natural gas...
3/23/2017 - Oil and Gas Pipeline - China
Unique Crane Equipment Delivered to Zvezda Shipbuilding Complex
A new large-capacity equipment was delivered to the staple of Zvezda shipbuilding complex , including two crane towers with carrying capacity of 100 t each. The length of the crane's arm is 81.7 m, th...
3/22/2017 - Cranes - Russia
Petrochina's Head Of Crude Oil Trading Resigns, Replaced By Deputy
The head of crude oil trading at Chinese state energy giant PetroChina has resigned after 20 years with the company, a rare departure from a state-owned enterprise known for retaining talent in the mi...
3/22/2017 - Crude Oil - China
Sinopec Buys First Major Refinery in Africa from Chevron
China's Sinopec will pay almost $1 billion for a 75 percent stake in Chevron Corp's South African assets and its subsidiary in Botswana to secure its first major refinery in Africa, the companies anno...
3/22/2017 - Acquisitions and Divestitures - South Africa
Rosneft Signs Deal to Supply 10 LNG Cargoes to Egypt in 2017
A trading unit of top Russian oil producer Rosneft has signed a deal to supply 10 liquefied natural gas (LNG) cargoes to the Egyptian Natural Gas Holding Company this year. The first delivery by Rosne...
3/21/2017 - LNG Carriers - Egypt
South Sudan Rebels Seize Four Oil Workers & Demand Firm's Exit
South Sudanese rebels said they had kidnapped four oil workers including a Pakistani national, in a bid to force their Chinese and Malaysian consortium to leave the country. The fighters loyal to form...
3/20/2017 - Safety Services - South Sudan
Algerian State Energy Firm Sonatrach Replaces CEO
Algerian state energy firm Sonatrach has replaced Chief Executive Amine Mazouzi after less than two years in the job with Abdelmoumen Ould Kadour, the energy ministry said. ...
3/20/2017 - Executive Recruiting - Algeria
Saudi Aramco Launches Center for Contractors and Suppliers Relations
Saudi Aramco launched a contractors and suppliers relations center in the Chamber of Commerce and Industry in Riyadh to facilitate the registration process and help contractors reach the company. ...
3/20/2017 - Contracting Services - Saudi Arabia
Egypt Received Two Cargoes of Diesel Fuel from Saudi Aramco
Egyptian Petroleum Minister Tarek El Molla said his country had received two cargoes of diesel fuel from Saudi Arabian state-owned oil company Aramco on Friday and Saturday. Molla was speaking at an e...
3/19/2017 - Diesel Fuel - Egypt
Iran Begins Oil Recovery from South Pars Oil Layer
Iran says it has started pumping oil from the oil layer of South Pars gas field. Deputy Managing Director of the National Iranian Oil Company (NIOC) for Engineering and Development Affairs Gholam-Reza...
3/19/2017 - Production - Iran
Sinopec Nears Deal to Buy Chevron's South African Assets
China's Sinopec is nearing a deal to buy Chevron's South African oil assets for up to $1 billion (807.1 million pounds) to secure its first major refinery on the continent, several people familiar wit...
3/17/2017 - Acquisitions and Divestitures - South Africa
Venezuela & Trinidad and Tobago Sign Gas Supply Agreement
The People’s Power Minister of Petroleum of the Bolivarian Republic of Venezuela, Nelson MartInez, and the Minister in the Office of the Prime Minister of the Republic of Trinidad and Tobago, Stuart Y...
3/17/2017 - Natural Gas - Venezuela
Gazprom Neft Building a Hydrogen Production Facility at Its Omsk Refinery
Gazprom Neft has begun construction of a standalone 12,300-tonne-per-year-capacity hydrogen production unit at its Omsk Refinery. This processing facility will provide high-purity (99.9 percent) hydro...
3/17/2017 - Oil Treating & Refining - Russia
CNPC & Sichuan Government Sign Strategic Cooperation Agreement
CNPC signed a strategic cooperation agreement with Sichuan provincial government in Beijing. Under the agreement, CNPC and Sichuan Government will jointly promote the company's business in Sichuan, co...
3/17/2017 - Oil & Gas Companies - China
New Joint Project by Baku Higher Oil School and BP
In the frames of cooperation between Baku Higher Oil School (BHOS), BP and Twenty Eighty Execution company, the opening ceremony of the School of Project Management (SPM) was held. The event gathered ...
3/16/2017 - Oil & Gas Companies - Azerbaijan
Gazprom Neft Signs MoU On Strategic Partnership With Russia’s Largest Software Developer 1c Company
Gazprom Neft has signed a Memorandum of Understanding on Strategic Partnership in Information Technologies with Russia’s largest software developer, 1C Company. The agreement was signed in St Petersbu...
3/16/2017 - Software - Russia
Saudi Aramco to Resume Oil Product Shipments to Egypt Soon
Saudi Arabian state oil company Aramco will resume oil product shipments to Egypt some six months after halting them suddenly, the Egyptian Petroleum Ministry said, signaling a potential thaw in relat...
3/15/2017 - Oil - Saudi Arabia
India’s Imports from Iran Trebled in February
The latest shipping figures show that India’s imports of crude oil from Iran in February increased by about three times compared to the same period last year. ...
3/15/2017 - Crude Oil - Iran
Indonesia Picks Plantations Firm Head As Pertamina CEO
Indonesia has chosen Elia Massa Manik, head of the state holding company for the plantations industry, as the new chief executive of state energy firm Pertamina sources said on Wednesday. ...
3/15/2017 - Executive Recruiting - Indonesia
Gazprom Neft Undertakes 20-Stage Fracking Operations First Ever in Yamal Peninsula
Gazpromneft-Yamal, a subsidiary of Gazprom Neft, has successfully completed 20-stage hydraulic fracking operations at its Novoportovskoye field, using “non-ball and socket” (Mongoose) technology — a m...
3/14/2017 - Oil Field Services - Russia
Indonesian Ambassador Visits BHOS
Ambassador of the Republic of Indonesia to Azerbaijan Dr. Husnan Bey Fananie visited Baku Higher Oil School (BHOS) and made presentation for BHOS students, staff membersç and academic teaching staff. ...
3/14/2017 - Oil & Gas Companies - Indonesia
SOCAR GPC Selects UNIPOL™ PE Technology for Polymer Production at New Plant
SOCAR GPC, a gas-processing project of the State Oil Company of Azerbaijan Republic (SOCAR), has selected UNIPOL™ PE Technology licensed by Univation Technologies for use in its world-scale 600KTA pol...
3/14/2017 - Process Technology Licensing - Azerbaijan
Sinopec Starts Operation Of Crude Oil Pipeline In South China
China Petroleum and Chemical Corp has started operating a major crude oil pipeline that connects eastern Jiangsu province with refineries in south China, the company said in a statement. The pipeline,...
3/14/2017 - Crude Oil - China
NAPEC 2017 Announces Its List of Speakers for Largest Oil and Gas Conference & Exhibition
Senior representatives of major oil and gas companies from North Africa are expected to discuss the status of ongoing projects in the region and the key industry trends at the 7th NAPEC event to be he...
3/13/2017 - Oil & Gas Companies - Algeria
Rosneft Increases Petroleum Product Supplies to Turkey
Rosneft signed a number of documents with Turkey's leading energy companies on the sidelines of the top level negotiations between the President of Russia Vladimir Putin and the President of Turkey Re...
3/10/2017 - Oil - Russia
Sinopec to Boost Fine Chemicals Investment at Maoming Refining Hub
Sinopec Corp plans to boost investment in fine chemicals at its Maoming-Zhanjiang refining base in southern China alongside partners like Germany's BASF, a senior executive said in an interview on Thu...
3/9/2017 - Investment - China
SOCAR’s Budget Payments for February 2017
SOCAR paid AZN 134 million 471 thousand to the State Budget for February of the current year that is AZN 36 million 271 thousand (136,9%) more than the same period of 2016. In general, for January-Feb...
3/9/2017 - Financials and Investment - Azerbaijan
Rosneft Buys Egyptian Crude for First Time in Tender
The trading arm of Russia's state oil firm Rosneft bought three cargoes of Egypt's heavy sour Ras Gharib grade, the first time the company has bought Egyptian crude. Geneva-based Rosneft Trading won t...
3/8/2017 - Heavy Oil - Egypt
Glavgosekspertiza Approves Construction of New Wastewater Treatment Facilities at Omsk Refinery
A project for the construction of cutting-edge wastewater treatment facilities at Gazprom Neft’s Omsk Refinery has been approved by Glavgosekspertiza of Russia. The construction of new closed wastewat...
3/7/2017 - Waste Water Treatment Plant - Russia
Gazpromneft-Aero Signs New Refueling Agreement with Flydubai
Gazpromneft-Aero, operator of the Gazprom Neft aviation refueling business, has signed a new agreement for the refueling of international flights from Ekaterinburg to Dubai at Koltsovo International A...
3/6/2017 - Fuel oil - Russia
Alim Gasimov was Guest at BHOS
Worldwide known Azerbaijani mugham singer, People’s Artist of Azerbaijan, holder of the Shohrat Order (Order of Glory) Alim Gasimov visited Baku Higher Oil School (BHOS) and participated in the tradit...
3/6/2017 - Oil & Gas Companies - Azerbaijan
ADNOC Distribution Opens Two New Marine Services Stations
In line with the initiatives of His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, to ensure the highest quality of life for the people of the UAE and support the country’s sustain...
3/5/2017 - Marine Services - United Arab Emirates
Iran’s Post-Sanctions Oil Exports to EU Rise
Reports say Iran’s exports of crude oil to Europe surged after the EU lifted most of the trade and financial restrictions against the country in January 2016. Platts energy news service reported that ...
3/4/2017 - Oil - Iran
Gazprom Neft Supplies of Lubricants to Central Asia up By One Third
Gazprom Neft — operator of the Gazprom Neft lubricants business — increased supplies of G?Energy and Gazpromneft-branded lubricants to Kazakhstan, Tajikistan, the Kyrgyz Republic, Mongolia, Uzbekistan...
3/3/2017 - Lubricants, Oils & Greases - Russia
2 mln Tons of Azerbaijani Oil Transported via BTC in February 2017
1 mln 989 thousand 636 tons of Azerbaijani oil was transported via BTC main export pipeline in February 2017. During January-February, 4 mln 401 thousand 899 tons of oil was transported via the pipel...
3/3/2017 - Oil and Gas Pipeline - Azerbaijan
Drilling Works for February 2017
SOCAR (excluding Joint Ventures and Operating Companies) conducted 7438 metres of drilling works in February 2017. In general, during January-February 2017, SOCAR (excluding Joint Ventures and Operati...
3/2/2017 - Drilling - Azerbaijan
Sonatrach Seeks Ways to Maximize Efficiency & Performance at NAPEC 2017
Algeria energy giant Sonatrach will be exploring partnerships with international oil service providers at the upcoming North Africa Petroleum Exhibition & Conferences (NAPEC) to help maximize its effi...
3/2/2017 - Oil & Gas Companies - Algeria
Gazprom Neft Awards Winners Nominated in “New Approaches” Category
Gazprom Neft has initiated its own category in the “HR Brand Awards” (held every year by personnel group HeadHunter), sponsoring nominations in the “New Approaches” category, with Russia’s “AgroTerra”...
3/2/2017 - Oil & Gas Companies - Russia
Gazprom Neft Selects Technologies for Working with a New Class of Deposits
Gazprom Neft has developed a programme for implementing new oil production technologies in carbonate and fractured reservoirs* — a category which includes more than 40 percent of the company’s recover...
3/2/2017 - Process Technology Licensing - Russia
Nigerian Lawmakers to Investigate $17b Subsidies Received by NNPC
Nigeria's upper house of parliament will investigate allegations the state oil company illegally inflated funds it collected from an official subsidy scheme to 5.1 trillion naira ($17 billion) between...
3/1/2017 - Legal - Nigeria
Gazprom Neft Again Named One of The Best Employers in Russia
Gazprom Neft has been placed second in Russian online recruitment site HeadHunter’s “Best Employers in Russia — 2016” ratings, placing the company among the country’s top three most attractive employe...
3/1/2017 - Oil & Gas Companies - Russia
Bitumen Facilities Modernized at Omsk Refinery
The final stage of the reconstruction of bitumen production facilities at the Gazprom Neft Omsk Refinery has now begun. Thanks to extensive modernisation the facility will significantly reduce its env...
3/1/2017 - Oil Treating & Refining - Russia
CNPC & CASIC Sign Agreement to Deepen Strategic Cooperation
CNPC and China Aerospace Science & Industry Corp (CASIC) signed an agreement to deepen strategic cooperation for mutual benefits and win-win results. The two sides will give full play to their respect...
3/1/2017 - Oil & Gas Companies - China
Total & Petrobras Signed Definitive Contracts
Petrobras and Total inform that they have signed definitive contracts in relation to the package of assets contemplated in the Strategic Alliance, as defined in the 21st of December,2016 Agreement. ...
3/1/2017 - Acquisitions and Divestitures - Brazil
Yurubcheno-Tokhomskoye Field to Produce 0.8 million Tonnes of Oil in 2017
Oil production at the Yurubcheno-Tokhomskoye oil field, which is expected to be launched later this year by Russia's largest oil producer Rosneft, is expected to produce 800,000 tonnes of oil in 2017,...
2/28/2017 - Production - Russia
Petronas, Aramco Sign SPA for Equity Participation on RAPID Refinery
The Saudi Arabian Oil Company (Saudi Aramco) and Petroliam Nasional Berhad (PETRONAS) signed a Share Purchase Agreement (SPA), allowing Saudi Aramco’s equity participation in PETRONAS’ Refinery & Petr...
2/28/2017 - Acquisitions and Divestitures - Malaysia
US Agency for International Development Hasan Aslami Visits BHOS
Prospects of development of cooperation between Baku Higher Oil School (BHOS) and Kabul Polytechnic University were discussed at a meeting of BHOS Rector Elmar Gasimov with the university teachers and...
2/28/2017 - Development - Azerbaijan
Gazprom Neft Concludes Agreements with Krasnodarsky Krai & Sakhalinskaya Oblast
Gazprom Neft has used this year’s International Investment Forum Sochi-2017 to conclude a range of agreements directed at extending the geographic range of supplies of the company’s lubricants and ens...
2/28/2017 - Lubricants, Oils & Greases - Russia

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