|TOPIC OF THE ISSUE|
|Martin Maeso: today energy efficiency is fundamental to maintaining secure energy supplies|
Traditionally, every year Britain's Energy Institute (EI) brings together in February hundreds of industry decision makers from all over the world for the International Petroleum (IP) Week conference in London in order to highlight the key trends of the previous year and outline the key priorities for the future. Traditionally OILMARKET brings to your attention an interview with an EI member, this year several important topics discussed with Martin Maeso, CEnv MEI, the EI Knowledge Director.
|EXPLORATION AND PRODUCTION|
|Ukraine's Nadra Yuzivska and Shell entered into shale gas production PSA|
A production sharing agreement (PSA) between Royal Dutch Shell and Ukraine's Nadra Yuzivska for the development of Yuzivske shale gas deposits located in Ukraine's Kharkiv and Donetsk regions was signed in Davos on 24 January 2013 through the mediation of Ukrainian president Viktor Yanukovych and Netherlands prime minister Mark Rutte. The agreement was inked by Ukraine's energy and coal industry minister Eduard Stavitsky and Royal Dutch Shell CEO Peter Voser.
|Kremenchug refinery: the hard-won lessons of 2012|
The year of 2012 made us witness the dramatic developments at Ukraine's motor fuel market. A number of trends taking shape were really mind-boggling: Ukraine had cut domestic motor fuels production having hiked imports. That was also the shut down of TNK-BP 160,000b/d Linik refinery already idling for almost a year amid reacquisition and start-up talks.
|Yulia Tskhvediani: refining development is prerequisite for economic progress|
Russia's oil refining development has been much talked and written about. The same goes about dozens of projects aimed at regular high-quality and competitive motor fuels production launch, which still were not completely carried through. In this way OILMARKET is every time swift to seize an opportunity to come to Moscow to meet and discuss the issue with Ventech Engineering CIS office head Yulia Tskhvediani.
Losharik to help Russia to «stake out claims» for Arctic offshore
According to Russia's geology society (RosGeo) first vice president Eugene Farrakhov, in 2012 Russia implemented an unprecedented Arctic coastal shelf drilling project. In a video interview posted on the web he claimed that the sea well was drilled from the naval submarine enabling to get the core samples. Although this is the only message source, there are no reasons to discredit the news. Obviously enough Russia has made a successful leapfrog in the strategic Arctic offshore «hydrocarbon rush», which is as a matter of fact inaccessible for other post-industrial competitors.