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OilMARKET 07 / 2008
RussiaRussia's marine activity
One of the main directions of marine activity, defined in Russia's Marine Doctrine for the period through 2020, is to develop the economic zone of Russia's continental shelf. Data forecasts show crude and gas production on the shelf reaching 17.5% and 20% respectively of Russia's overall production by 2020.
At the beginning of a long trailAt the beginning of a long trail
Kirill Lyats — General Director of the Metaprocess
The topic of refining associated oil and natural gas and the development of the gas chemicals industry is very relevant to Russia today. Yet despite this fact, there is still no real sign of any progress in the Russian oil and gas sector in this area. Large holdings and independent producers complain they do not have the funds to purchase the required equipment. Kirill Lyats is one of the active proponents of implementing economic, small gas chemical units to refine associated oil and natural gasses.
On the surfaceOn the surface
Developing tar sands in Canada
One must never forget that world technology is progressing. Resources formerly considered simply useless or untenable, such as tar sands, can now developed with new technologies and not only be developed, they can produce good products, too. In other words, they are now worth developing.
RPGC prioritiesRPGC priorities
Russia's main oil and gas congress set priorities for sector development
The 6th Russian Petroleum and Gas Congress was held as part of the Neftegaz-2008 forum on 24-26 June and touched on a number of current problems in the Russian oil and gas sector.
Neftegaz-2008: on the crest of growthNeftegaz-2008: on the crest of growth
The largest oil and gas equipment exhibition in Russia and Eastern Europe celebrated it 30th anniversary.
Heavy beltHeavy belt
Chavez invites Russians to explore Venezuela's giant heavy crude reserves
Russia and Venezuela have long been coming closer together in cooperating in the energy sector and on 22 July in the presence of the two countries' presidents, TNK-BP, Lukoil and Gazprom inked a number of agreements with the Venezuelan Energy and Petroleum Minister and president of Petroleos de Venezuela (PdVSA) Rafael Ramirez Carreno.
OMV with a new exploration success in TunisiaOMV with a new exploration success in Tunisia
Successful exploration well Ahlem-1 in the Jenein Sud exploration permit
OMV Aktiengesellschaft, the leading oil and gas group in Central Europe, announces the discovery and successful testing of condensate and gas in its Ahlem-1 exploration well in the Jenein Sud exploration permit in Southern Tunisia. This is the third successful discovery in the permit within the last two years and highlights the potential of this block, which is operated by OMV (Tunesien) Exploration GmbH.
Khartsyzsk Pipe: hoping for a comebackKhartsyzsk Pipe: hoping for a comeback
Giving up more and more ground to Russian rivals in terms of modernising production and in fighting for ÿa share of the sales market, the Khartsyzsk Pipe Plant (KhTZ), which catastrophically cut back its production volume in the first half of 2008, is counting on working at full force in autumn. Experts say this enterprise's chances are very low.
Timely comebackTimely comeback
Lukoil's Odessa refinery found itself a locomotive of Ukrainian refining
The current year has been especially difficult for the Ukrainian oil refining sector. In the first half of the year, refinery runs at Ukrainian refineries dropped 30%. Competition from motor fuel imports from Belarus, Russia and Lithuania also affected the domestic Ukrainian market as did the drawn-out modernisation of two west Ukrainian refineries, the conflict between Ukrtatnafta shareholders which deprived the enterprise of crude supplies by pipeline from Russia, and a host of other factors.
The pipe is callingThe pipe is calling
The Russian government tackles non-discriminating access to the gas transport system
APG a view from the sideAPG a view from the side
After an in depth study, the World Bank reported Russia is flaring nearly half of its associated petroleum gas. This is the data complied in the report by PFC Energy in association with the World partnership to cut back APG flaring. According to the study, Russian crude producers flare about 38bn m3 of APG, or about 45% of the overall of APG produced in the country. Besides this, research shows another 10bn m3 of APG is flared during the production of gas condensate.
Development logicDevelopment logic
The Latvian company Dinaz, one of the leading traders in the Baltic and north-west regions of the former Soviet Union, is actively working to develop new refining and loading capacity in the region.
A new generation of double-seat oil pump unitsA new generation of double-seat oil pump units
In June 2008, after reconstruction of it's Odessa refinery was completed, Lukoil launched a new visbreaking unit at the site. Visbreaking significantly cuts the volume of oil residue and greatly increases the output of vacuum gas oil (from 4% to 25%) and refining depth (from 56% to 78%).
Shale oil and the lack of fuelShale oil and the lack of fuel
What will replace crude oil? This is no idle question, for natural hydrocarbon reserves in the form of oil are gradually ending. Crude is not only needed for fuel, it is a raw material for the chemical industry. One possible replacement is shale oil which contains both mineral and organic components. There are huge resources of oil shale on Earth. Oil bearing shale will help the USA tackle its lack of fuel.
An effective cooling tower from Brotep-EKOAn effective cooling tower from Brotep-EKO
In April this year, after a two-year break, the Lukoil-Odessa refinery once again started refining crude.
The engaging lieutenant: Svetlana Kolotilova — Rimera PR directorThe engaging lieutenant: Svetlana Kolotilova — Rimera PR director
There are companies at which business is going well, and human and other resources make it possible to look to the future with confidence. Still, executives and regular employees strive for perfection in every segment of their common work. The closed joint-stock company Rimera, founded in 2007, which represents the oil services division of ChTPZ Group, is an example of one such company.
02 / 2020