|Productive agenda in Odessa|
Notes from the 7th annual Oil refining and transportation in the CIS and Baltic states conference in Odessa
As a complex and complicated system, petroleum industry is very difficult to predict. This is particularly true for the developments in downstream segment. However, he agenda and context of the 7th annual Oil refining and transportation in the CIS and Baltic states conference in Odessa held by OILMARKET magazine on 17–18 June 2010, were particularly rich of unexpected developments.
|TOPIC OF THE ISSUE|
|British Petroleum: 100 years of solitude|
BP mulls radical restructuring
After the accident at the BP's deep water well in the Gulf of Mexico, oil giants will have to accept the new rules of the game.
|EXPLORATION AND PRODUCTION|
|Modernization is a key strategy for the sustainable development of the oil and gas industry|
On 22 — 24 June 2010, the 8th Russian Petroleum and Gas Congress was held in the Expocentre in Moscow. The list of the event participants included about 1,000 representatives of domestic and foreign oil and gas sectors, sectoral ministries and departments, oil and gas associations from 40 countries.
|Running business as it should be in 21st century|
Severodonetsk Orghim engineering company marks 50th anniversary
Donbass, an industrial region in the east of Ukraine, well known beyond Ukraine's borders. Many of those, who come here for the first time get surprised by seeing broad fields and vast pine- tree forests with quality motorways paved through those territories. One of those roads brought us to Severodonetsk, a wonderful town on the banks of the Seversky Donets river.
|Dr. Gennadiy Valyavin: We see certain progress in launching deep refining facilities in Russia|
Distinguished Russian expert from Ufa on the situation with delayed cocking in Russia and other countries of the former Soviet Union
The refining depth and increase of the output of light oil products become more and more relevant for the refining facilities all around the world, and the circumstances confirm this fact more and more intensively in Russia and other CIS states. However, the leading market players are owned by foreign companies. But Russia still has institutes and world class experts that can not only develop competitive technologies, but also implement them at existing refineries. OILMARKET had an interview with Gennadiy Valyavin, Dr. Sc., the «guru» of delayed cocking from Ufa State Petroleum Technological University. The honored oil expert has kindly agreed to answer the questions of OILMARKET.
|The view from China Oil policy and breakup of the Soviet Union|
In 1970s, after the USSR has become the world leading supplier of oil, grains and food products, it has gained a deep integration into the international trading system. More than half of the foreign currencies entering the state budget of the USSR was provided by exports of crude oil; in 1980s, more than half of the expenses in foreign currencies were devoted to import of grains and food products. This is why the state of the Soviet economy depended directly upon the fluctuations of the world prices for oil and grains, as well as on the condition and dynamics of the global demand.
|Brand new MBU 140 drilling rig by Kungur Machinery Building Plant|
In July this year, Kungur Machinery Building Plant has manufactured and supplied a brand new MBU 140 mobile drilling rig to Burgeocom (Volgograd region, Russia).