|TOPIC OF THE ISSUE|
|In the mainstream of Russia's downstream revolution|
During the week of 16-20 September 2013 the Euro Petroleum Consultants company had carried out in Moscow Lotte hotel yet another must-attend Gas- and Oil Refining, and Petrochemicals week, a series of conferences and seminars, which brought together over 700 participants.
|TOPIC OF THE ISSUE|
|Vladimir Kapustin: there is still much work to do|
Even among the participants of such an imposing forum as RRTC 2013 such renowned industry experts, which like Russia's leading engineering company VNIPIneft general director Dr Vladimir Kapustin personify the constant work on the industry reforms implementation, are not that numerous. Being in charge of VNIPIneft for a decade, he did a great job to ensure government support for the Russia's oil refining, which is prerequisite for this industry segment development in any country.
|EXPLORATION AND PRODUCTION|
|Wood Mackenzie: 1 trln boe, the global potential of undeveloped discoveries|
There are nearly 1.4 trln barrels of oil equivalent (boe) reserves in conventional undeveloped oil and gas fields around the globe according to Wood Mackenzie's latest upstream outlook. This includes nearly 1.1 trln boe of «technical reserves», a term Wood Mackenzie uses for reserves for which there are no firm development plans in place.
|Landmark anniversary with big implications|
In August 2013 Kazakhstan 100,000 b/d Pavlodar refinery marked its 35th anniversary at the crucial stage of its development
The receptions and celebration at Pavlodar refinery site, Palace of culture, Astana ice arena were indicative of the high attention the country's government, national O&G company KazMunayGaz (KMG), partners and suppliers attribute to the plant development. And what is more topical, the mentioned events symbolically revealed the outlooks and prospective focus areas of the refinery development in the coming years. OILMARKET was pleased to accept the invitation.
|GlobalData: Medium-sized British refineries are getting squeezed out of the market|
The UK crude oil refining industry is finding it hard to adjust to the rapid changes underway in the fuel market, such as falling motor fuel demand, increasing consumer preference for diesel, and the rising tide of environmental regulation, according to the latest report from research and consulting firm GlobalData.
|River disruptions and strikes lower U.S. petroleum product exports to Northwest Europe|
Average exports to the Netherlands, the third largest export destination for U.S. petroleum products, fell by 24,000 barrels per day in the first eight months of 2013 (the latest data available) compared to 2012. The Netherlands ranks among the largest importers of petroleum products in the world; however, International Energy Agency (IEA) statistics indicate that only 27% of such imports are consumed within the country.
|The value of strong leadership|
On 12-13 September 2013 the 5th Ukraine's LPG Forum was successfully hosted in Crimea
The event was traditionally organized by OILMARKET, Nefterynok and Modern Retail Outlet magazines under active support from Ukraine's LPG Association (ULPGA). This year LPG forum, the project we launched in autumn 2009, was organized aiming to underscore for the delegates the practical issues of transit terminals, autogas retail outlets and other infrastructure facilities operation. Importantly enough, the forum success this year was largely backed by ULPGA head Stanislav Batrachenko active involvement and business acumen.